ROCKVILLE, Md., Sept. 10 /PRNewswire/ -- OTG Software, Inc. (Nasdaq: OTGS) today announced an agreement with Compaq Computer Corporation through which Compaq will resell OTG Storage and Database Management Solutions to its high- performance technical computing (HPTC) customers on a worldwide basis. The agreement includes OTG's software solutions for long-term archival and accessibility of files, data warehouses and very large Oracle databases on Compaq AlphaServer(TM) systems running Tru64(TM) UNIX(R) with support for the Compaq StorageWorks TL895 and ES9326SL Enterprise Libraries. Compaq's CustomSystems & Solutions group will be the focal point for sales of the OTG software solutions. CustomSystems works in conjunction with the Compaq sales force to meet specialized needs for major clients. With this agreement, CustomSystems will be focusing on clients with very high-end storage needs. OTG's software solutions will enable Compaq to provide complete system solutions to enterprises that require constant access to vast quantities of historical data, while reducing the cost of managing such data by utilizing a wide variety of secondary storage devices. "Compaq's HPTC customer base is ideally suited for our large-scale storage data management solutions," said Richard Kay, president and CEO, OTG Software. "These customers need scalable performance, with transparent access to huge file systems and databases that range from terabytes to petabytes in size". The OTG products covered by the agreement include DiskXtender(R) File System Edition(TM) for Unix, DiskXtender(R) Distributed Solutions Suite(TM) and DiskXtender(R) Database Edition(TM). These OTG products operate under Compaq AlphaServer technology using Tru64 UNIX as well as Compaq Intel(R) technology using Linux(R). "Compaq's HPTC customer base has requirements to maintain and access enormous quantities of historical data that, traditionally, have been sent to off-line storage media," according to Rich Marcello, vice president and general manager of Compaq's High Performance Systems Division. "OTG's storage and database management solutions will enable our customers to keep this data online where it is most accessible in a very cost effective manner." About OTG Software OTG Software provides next-generation data management and collaboration solutions that virtualize storage for any type of data, including files, messages and databases, while providing easy and transparent access. OTG's application-oriented approach supports all platforms with open architecture solutions that scale from the department to the enterprise, and integrate seamlessly to store, track and retrieve information. Headquartered in Rockville, Maryland, the company has a customer base of over 15,000 organizations and a global network of VARs, distributors, and OEMs. Infinite Storage. Immediate Access.(TM) http://www.otg.com This press release contains forward-looking statements within the meaning of the federal Private Securities Litigation Reform Act of 1995. Statements contained herein that are not statements of historical fact may be deemed to be forward-looking information. Without limiting the foregoing, references to future growth or expansion are forward-looking, and words such as "anticipates," "believes," "could," "estimate," "expect," "intend," "may," "might," "should," "will," and "would" and other forms of these words or similar words are intended to identify forward-looking information. You should read statements that contain these words carefully because they discuss our future expectations, contain projections of our future results of operations or of our financial position or state other forward-looking information. There may be events in the future that we are not able to predict or control accurately, and any forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially. These risks and uncertainties include: (i) the ability to recruit and retain qualified technical and other personnel in a highly competitive market, (ii) market acceptance of our new and future products, (iii) the growth and adoption rate of Windows NT, Windows 2000, UNIX and Linux (iv) growing competition and (v) our ability to maintain and manage our growth. We undertake no obligation to update or supplement this information. For additional information regarding risk factors that could affect our future results, please refer to the discussions of "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2000, filed with the SEC on March 7, 2001, and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2001, filed with the SEC on August 13, 2001. MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X64105182
SOURCE OTG Software, Inc.