PLEASANTON, Calif., and ROCKVILLE, Md., Dec. 12 /PRNewswire/ -- ZANTAZ, a
leader in regulatory and legal compliance technology solutions, and
OTG Software (Nasdaq: OTGS), a leading provider of storage virtualization,
access and email management software, today announced a strategic partnership.
ZANTAZ will serve as a national reseller of OTG email management products to
the financial services industry. The focus of the partnership is to deliver
enhanced and expanded solutions to meet the regulatory compliance and
information archiving and management needs of financial services companies.
As part of the alliance, ZANTAZ is now offering EmailXaminer(TM), a new
addition to the EmailXtender(TM) family of email management and storage
solutions from OTG. Combined with the ZANTAZ Digital Safe(TM) archive
services offering, EmailXaminer provides automated sampling and monitoring of
email communications, which helps improve email review processes and reduce
potential regulatory compliance liability.
The combined ZANTAZ/OTG solutions are designed to help financial services
firms -- and other organizations facing urgent regulatory or legal compliance
requirements -- to capture, archive and monitor business-critical information.
ZANTAZ electronic archiving and information management solutions are already
deployed by some of the world's largest brokerage firms and diversified
financial services companies.
"We are very pleased to be partnering with OTG Software, whose new
EmailXaminer monitoring product is a perfect complement to our regulatory and
legal compliance solutions," said Steve King, president and CEO of ZANTAZ,
Inc. "By combining OTG's software with our archiving infrastructure, indexing
technology and domain expertise, we are further enabling customers to meet
their compliance obligations, and stay focused on their core business
"ZANTAZ has strong experience in regulatory compliance and the financial
services industry, which is a strategic market for OTG," said Richard Kay,
president and CEO of OTG Software. "We are excited that ZANTAZ has chosen
EmailXaminer as a core solution to expand their email archiving and compliance
offerings for broker-dealers and other financial services companies."
Under SEC (17a-4) and NASD (3010 and 3110) regulations, brokerage firms
and other financial services companies are required to maintain systems and
procedures for archiving, supervising and auditing electronic communications.
The combined technology and services from ZANTAZ and OTG satisfy these
ZANTAZ is a leading provider of electronic archiving and information
management solutions designed to meet the regulatory and legal compliance
needs of financial services companies and other organizations. Based upon the
ZANTAZ Digital Safe(TM) archiving infrastructure, proprietary technology and
Professional Services expertise, the company solves urgent audit, regulatory
and litigation problems that involve the capture, restoration, retrieval and
long-term preservation of vast amounts of data. Launched in 1998 and located
in the San Francisco Bay Area, ZANTAZ is a privately held company that is
backed by leading corporations and venture capital investors. For further
information, visit the Website at www.zantaz.com, or call +1-800-636-0095.
About OTG Software
OTG Software provides next-generation data management and collaboration
solutions that virtualize storage for any type of data, including email
messages, files 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) 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 September 30, 2001, filed with the SEC on November 14, 2001.
MAKE YOUR OPINION COUNT - Click Here
SOURCE ZANTAZ; OTG Software