IBM Invests US$60 Million in Argentina Over a Ten Year Period in New Global Delivery Centers and in the Extension of Its Virtual IT Campus; the New Centers Join a Network Including Centers in Chile, Peru and Venezuela. IBM Already Has Five More IT Service Centers in Operation in SSA; the New Centers Add to a Series of Investments by IBM in Its SSA IT Centers in Excess of US$200 Million Over the Past 7 Years.

IBM announced that it is collaborating with Business Partners and universities to launch a jointly developed scholarship program for students focused on furthering mainframe education. The new program is designed to support increased demand in education and training in mainframe and large enterprise computing.

Cognos, an IBM (NYSE: IBM) company in business intelligence and performance management solutions, today unveiled new collaborative business modeling software for business users to create, maintain, govern and share business perspectives and quickly organize strategic information for improved decision-making and performance management.

The Industrial Bank of Korea (IBK) and IBM Korea (NYSE: IBM) today announced the completion of IBK's mainframe migration project to IBM System z10, which was done to help the bank create an advanced IT environment as the foundation for its new enterprise data center.

IBM (NYSE: IBM) announced today that a Power Systems server demonstrated nearly four times the performance per processor core of an HP ProLiant server.

Scientists at the IBM Almaden Research Center in San Jose, CA have forged a breakthrough in understanding an intriguing phenomenon in fundamental physics: the Kondo effect. They report their findings today in the scientific journal Nature Physics.

IBM (NYSE:IBM) said today it will offer remote, $99 “test drives” of Microsoft’s newly launched supercomputer operating system, Windows HPC Server 2008, via its global network of IBM® Computing on Demand facilities.

Last week Interbrand issued its 2008 Best Global Brands rankings. While most of the top 10 remained unchanged, with IBM and Microsoft swapping places (IBM rose from 3 to 2), one big change emerged: Google rose from 20 to 10, with Mercedes-Benz dropping to 11.

IBM (NYSE: IBM) outperformed storage software vendors EMC and HP as well as the overall storage software segment in the second quarter of 2008 on a rolling four quarter basis, measuring revenue for the named quarter plus revenue for the prior three quarters, according to new revenue share data released by IDC.

IBM (NYSE: IBM) announced that Princess Cruises, a subsidiary of Carnival Corporation (NYSE: CCL) (NYSE: CUK) and one of the world's premier cruise lines, will deploy IBM InfoSphere Warehouse software to analyze and improve the effectiveness of the company's marketing and promotional initiatives.

The Hungarian Electricity Transmission System Operator Inc. (MAVIR ZRt) has selected IBM (NYSE: IBM) to provide the information technology (IT) infrastructure to upgrade its operations and improve its asset management system.

IBM announced plans to build a $360 million state-of-the-art data center at its facility in Research Triangle Park (RTP), North Carolina. The data center will include new technologies and services that will enable IBM to deliver Cloud Computing capabilities to clients.