<nettime> Analyzing Internet with Gene-Scanning Software

[Bruce Sterling <bruces@well.com>]

(((Bruce Sterling remarks:   This is not an "imaginary product"
in the http://www.futurefeedforward.com vein.   These guys
are using DNA genome sequencing techniques to improve
Internet packet flow.  They are a real company and actually trying
to make money.

(((The very idea that DNA and Internet traffic have any computational
commonalities is plenty weird, but it suggests all kinds of new
biopunk twists...  is spam "junk DNA"?  What about "viruses"?
Will Monsanto merge with Microsoft?  Where's Jose Bove and
his men-in-black crop-smashers when we need them, etc etc....)))


Peribit Announces First Ever Application of DNA-Based Methods to Attack
Technology Problems
August 29, 2001 
 
------------------------------------------------------------------------

SANTA CLARA, Calif.--(BUSINESS WIRE)--Aug. 28, 2001 via NewsEdge Corporation
- 

(((huge cut of much corporate chest-pounding)))

While conducting his PhD research in Biomedical Informatics at Stanford
University, Peribit's founder, Amit Singh discovered a link between the
growing volumes of traffic traversing the public and private networks and
the computational models used to study genomic sequences and DNA. Singh's
work at Stanford focused on computational molecular biology -- using
computers to analyze and understand the vast amounts of bio-molecular data
being generated by projects such as the Human Genome Project.

 During this time, Singh became familiar with using algorithms to find
patterns within or across bio-molecular sequences and structures. He
realized that the techniques used to find patterns in DNA could be adapted
and optimized to identify repetitions in continuous streams of network data.

Using these ideas as a basis, Singh developed the patent-pending Molecular
Sequence Reduction engine and set out with Peribit co-founder, Balraj Singh,
to form Peribit Networks in May 2000. Their mission was to develop products
that seamlessly integrate in today's networks and instantly and dramatically
improve network efficiency. Peribit's products deliver this immediate and
significant improvement in network capacity by eliminating the large number
of repeated data patterns that waste network resources.

Peribit Networks is a privately held company. In January 2001, Peribit
received first-round funding of $10.4 million from top-tier venture capital
firms Accel Partners and Foundation Capital.

About Peribit Networks

Peribit Networks is the creator and developer of patent-pending IP bandwidth
optimization technologies that dramatically improve network performance. The
company's Molecular Sequence Reduction (MSR) technology is the first
application of the repetitive sequence analysis techniques used to examine
DNA sequences in computational molecular biology. The algorithms that serve
as the basis of MSR identify data flows and pattern similarities and
eliminate repetitive data running over wide area networks. By using Peribit
Sequence Reduction products, the company has discovered that between 70% and
90% of WAN capacity is littered with useless, repetitive data.

 Peribit SR products find and eliminate this redundant data, producing
substantial reduction in wide area network traffic volume, thereby
increasing network capacity over existing network infrastructures. A
privately held company, Peribit is fully funded by top tier investors such
as Accel Partners and Foundation Capital. For more information, please visit
the company's website at www.peribit.com.

Note to Editors: Peribit Molecular Sequence Reduction and Peribit Profile
Mode are registered trademarks of Peribit Networks, Inc.



CONTACT: K/F Communications, Inc. (for Peribit) | Julie Karbo, 415/255-6505
| julie@kfcomm.com | David Fonkalsrud, 415/255-6506 | dave@kfcomm.com

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