I'm not sure how many receive the PSI Newsletter, but in case you don't, I've 
appended the V4
text.  There's nothing new in it - it's amazing how many people think they can 
re-boil old
material and dupe gullible reporters.

(One copy is enough, guys!)

I may be proved wrong.  I believe it's happened before, but I can't remember 
the last
occasion.

Nothing adds up with PSI.  Nothing.  I hear random, unsupported comments - 
supposedly from IBM
executives - about PSI "never getting license agreements because we don't deal 
with patent
infringers".  And yet PSI exudes confidence.

(And on a quite personal note, trying to avoid ad hominems - was it Greg or 
Simon?  Those who
know both will know what I mean.)

I was sceptical about Hercules.  I got slimed for it, but I was right.

I was sceptical about UMX.  I got slimed for it, but I was right.

Not a bad average.

I'm sceptical about PSI.

Not just about their access to licenses, but especially about their I/O 
capability, and
especially about that in relation to the 66xx.  They know what I mean.

I give them until Christmas.  Do their investors know the truth?  Not a good 
idea to deceive
investors, as Sanjay Kumar will attest.

===================================================

The PSI Letter, Vol. 4

The third quarter of this year was an active one for PSI, capped with our 
company's first
participation as an official exhibitor at the annual Fall SHARE conference 
which was held in
Baltimore. With a full booth and featuring the first public demonstration of 
the industry's
first open mainframe computer, PSI stepped out onto the show floor for the 
first time.
Given the heritage of SHARE as the premiere industry gathering of the mainframe 
market, we
felt it was without a doubt the most appropriate venue for us to give the 
market a sneak peak
at our first system. And we were proud to do so with our newest Early Ship 
Program (ESP)
customer, Lufthansa Systems, who participated with us in our booth as well as 
in a joint
presentation in which they outlined their needs for a new choice in mainframe 
platforms and
their rationale for selecting PSI.
Now, well into the final leg of 2006, we are actively engaged with go-to-market 
partners and
additional new ESP customers as we build our momentum going into the New Year. 
There is
significant energy in the high-end enterprise computing market with many major 
corporations
and progressive mid-size companies contemplating how best to modernize their 
datacenters. All
of these companies realize open technologies are the right path for the future. 
We're helping
many of them understand the strategic business and cost benefits open 
technologies in the
datacenter will provide them, and that we offer them a choice in mainframe 
platforms they
haven't had in a long time.
Features this newsletter
? Spotlight: Database Trends and Applications - Lufthansa Systems Tests 
Mainframe Platform
? SHARE: PSI Demonstrates First Open Mainframe Computer at SHARE
? Upcoming Events
? PSI in the Industry
? PSI in the News
? Market Engagements
? Quotes of the Week

Spotlight

Lufthansa Systems Puts PSI Open Mainframe To The Test

Lufthansa Systems is one of the leading IT service providers for the airline 
and aviation
industries worldwide. As a systems integrator, the wholly-owned subsidiary of 
the Lufthansa
Group covers the entire range of IT services, including consulting, development,
implementation and operation.
A longtime IBM mainframe customer, Lufthansa Systems had always supported a 
second vendor
in-house, but there had been no alternative choice since the late 1990's. This 
lack of
alternative options became an issue. The issue was addressed when Lufthansa 
discovered
Platform Solutions, Inc. (PSI) at a SHARE conference and found the PSI systems 
approach and
philosophy fit their needs. PSI offers the first open mainframe servers that 
can run the z/OS,
Linux, UNIX and Windows simultaneously on the same system and Lufthansa is 
putting it through
its paces.
Please follow this link to read the full article:
http://www.platform-solutions.com/docs/PSI_9_06.pdf


SHARE-Baltimore

PSI Exhibits At SHARE For First Time-A Notable Debut & Presence

SHARE in Baltimore marked a major milestone for PSI. PSI debuted for the first 
time as an
exhibitor and demonstrated its open mainframe for the first time in a public 
venue. The
company attracted a steady crowd into its booth and conducted an endless number 
of systems
demonstrations. It was truly a validating experience. The company also jointly 
presented along
with ESP customer Lufthansa Systems. The two companies presented-"PSI Open 
Mainframe Server:
Lufthansa Systems, ESP Field Trial Results"-to a large and attentive group, 
updating them on
their ESP results and their successful implementation to date. To download 
access their SHARE
presentation, please visit: http://www.platform-solutions.com/literature.php.


Upcoming Events

Computer Measurement Group (CMG) National 2006: Reno Hilton, Reno, Nevada 
December 3-8, 2006

Join Platform Solutions at CMG 2006. We'll be at booth 215 and be presenting 
Tuesday December
5th from 5:30 PM - 6:30 PM in the Carson 1 & 2 rooms, "PSI Itanium-based Open 
Mainframe Server
for IBM z/OS." For more information go to: http://www.cmg2006.com/.


SHARE 2007 Spring: February 11-16, 2007

Join PSI in Tampa, Florida for the Spring SHARE User Event in February. We will 
be presenting
as well as exhibiting. For more information, visit: http://www.share.org/


PSI In The Industry

CEO Michael Maulick Presents at Dow Jones/Datacenter Ventures, September 20, 
2006

Outlining the increasing need and recognition by major corporations for the 
adoption of open
technologies to accelerate the modernization of today's corporate datacenters, 
PSI CEO Michael
Maulick presented along side numerous other leading enterprise computing 
companies at Dow
Jones' recent Datacenter Ventures Conference at the Fairmont Hotel in San Jose, 
California.
Featuring a small selection of the most promising young technology companies 
focused on
address today's most pressing IT challenges, Mr. Maulick highlighted the 
business and cost
advantages available with PSI's open mainframe systems.


PSI Demonstrates First Open Mainframe Computer at SHARE, August 14, 2006

Progressing steadily toward the general availability of the industry's first 
open mainframe
computer, Platform Solutions, Inc., (PSI) is giving a glimpse today at the 
annual SHARE
Mainframe User Event how its breakthrough new open mainframe computer can be 
used to modernize
today's traditional datacenters - it is demonstrating modern J2EE web-based 
applications
accessing IBM® z/OS® DB2 data running on a single industry-standard Intel® 
Itanium® 2
platform.

To read more about PSI's demo at SHARE, please visit:
http://www.platform-solutions.com/docs/SHARE_Fall_2006.pdf

Platform Solutions, Inc. to Use Dual-Core Intel® Itanium® 2 Processors,
Addressing Performance Requirements of 90 Percent of z/OS® Installations, July 
18, 2006

Platform Solutions, Inc. (PSI), the developer of a new generation of mainframe 
computers
compatible with the broadest set of datacenter environments and operating 
systems, announced
today support for the new Dual-Core Intel Itanium 2 Processor 9000 series, 
Intel Corporation's
newest Itanium 2 technology-based chip, that PSI will use in the industry's 
first open
mainframe.

To read more, please go to:
http://www.platform-solutions.com/docs/PSI_Final_PR_Intel_Launch_071806.pdf


PSI In The News

 Joint Assault on the Mainframe Hardware Market, IT Jungle, September 26, 2006

Two companies are about to launch a joint assault on IBM's mainframe processor 
market.
Platform Solutions has built a series of large-scale computers that can load 
and run software
written for the System z9 and its antecedents. T3 Technologies will incorporate 
PSI's
technology in a line of midrange IBM-compatible mainframes. While these new 
processors might
not break IBM's grip on the mainframe base, they could well inspire IBM to make 
substantial
changes in its mainframe technology.

To read more visit: http://www.itjungle.com/big/big092606-story01.html

To access other recent articles featuring PSI, visit:
http://www.platform-solutions.com/news.php

Market Engagements

PSI @ GSE UK Conference 2006: Kenilworth, Nr Warwick, UK October 31-November 1, 
2006

Platform Solutions, Inc. (PSI) had a booth at the GSE UK Conference 2006 in 
Kenilworth, Nr
Warwick October 31st and November 1st. .During session FF on Wednesday, 
November 1st, 9am,
speaker Irwin Kraus presented "PSI Itanium-based Open Mainframe Server for IBM 
z/OS."
For more information, visit: http://www.gse.org.uk/tyc/invite.html


PSI @ HP Technology Forum Event: Houston, Texas September 17-21, 2006

Platform Solutions joined HP at their annual technology forum in the Tech Zone 
this fall. PSI'
s Ed Murphy, senior systems engineering manager, presented PSI/HP Itanium-based 
Open Mainframe
Server for IBM z/OS. For more information and to download the session's, visit:
http://www.hptechnologyforum.com/.


PSI @ Intel Developer Froum 2006: San Francisco, California September 26-28, 
2006

PSI's demonstration at IDF highlighted the multi-OS capabilities of the 
company's open
mainframe server-which supports the industry's broadest set of datacenter 
environments and
operating systems and is the only high-end enterprise system capable of 
supporting Linux,
Windows, HP-UX and the IBM z/OS operating systems simultaneously on the same 
computer.
Technology enthusiasts spent 3 days interacting with experts, attending 
technical training and
collaborating with the industry. Intel made several major announcements and 
demonstrated a
vision of where technology is headed.To read more on the conference, and see 
what new
innovations are happening at Intel,

visit: http://www.intel.com/idf/us/fall2006/index.htm


-- 
  Phil Payne
  http://www.isham-research.co.uk
  +44 7833 654 800

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