CAST Issues Open Letter to BATS’ Chris Isaacson Offering Friendly Advice on System Resilience

  CAST Issues Open Letter to BATS’ Chris Isaacson Offering Friendly Advice on
  System Resilience

Five-point plan calls for urgent action to prevent errors lying dormant in
code

Business Wire

NEW YORK -- February 5, 2013

System errors are seen by too many as “the price of doing business.” But
incidents like Knight Capital’s $440 million trading disaster and NASDAQ’s
botched Facebook IPO demonstrate that that price is increasing astronomically
-- and could spiral out of control if IT leaders don’t get a grip on the root
cause of these failures.

That’s why today CAST (Euronext: CAS) issued an open letter to Chris Isaacson,
the Chief Operating Officer at BATS Global Markets Inc., the third-largest
U.S. stock exchange operator, on the heels of their recent coding glitch. The
open letter offers friendly advice to Chris Isaacson on how his organization
could secure the resilience of its market-facing systems with a simple
five-point plan eliminating system-level errors hidden in its source code. You
can find the full text of the open letter to BATS’ Chris Isaacson on our blog.

About CAST

CAST is a pioneer and world leader in Software Analysis and Measurement, with
unique technology resulting from more than $100 million in R&D investment.
CAST introduces fact-based transparency into application development and
sourcing to transform it into a management discipline. More than 250 companies
across all industry sectors and geographies rely on CAST to prevent business
disruption while reducing hard IT costs. CAST is an integral part of software
delivery and maintenance at the world's leading IT service providers.

Founded in 1990, CAST is listed on NYSE-Euronext (Euronext: CAS) and serves IT
intensive enterprises worldwide with a network of offices in North America,
Europe and India. For more information about CAST:

  *Web: http://www.castsoftware.com
  *Blog: blog.castsoftware.com
  *Twitter: http://www.Twitter.com/OnQuality

Contact:

Gregory FCA
Jessica Attanasio, 610-228-2112
Jessica@GregoryFCA.com
or
CAST Communications Manager
+1-212-871-8335
communications@castsoftware.com
 
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