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.
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SOURCE OTG Software, Inc.