Leading Technology Integrator to Provide Adaptive Resource Switching Products to Japanese Market
Lowell, Mass., September 13, 2004 - Acopia Networks, the innovator of Adaptive Resource Networking, today announced a distribution partnership with Itochu Techno-Science Corp. (CTC) in Japan to market, sell and support Acopia's ARXTM switch product line. CTC, the leading provider of NAS solutions in Japan, chose Acopia's ARX products to complement its current server and storage product partnerships with Network Appliance, EMC and Sun Microsystems. The partnership is Acopia's first distribution agreement in Asia.
"CTC elected to sell and support Acopia's products for 3 main reasons," said Yasuhide Masanishi, CTO, IT Architecture Office of CTC. "First, Acopia's network based approach to resource virtualization is unique and will allow solutions to scale far beyond the existing products. Second the ability to create value and significantly reduce operating expense for our customers by maximizing utilization of storage resources is a compelling advantage. Third, the ability of the Acopia product to be introduced into a heterogeneous storage environment comprised of network based storage from different manufacturers is a significant benefit for our customers."
"Partnerships with leading solutions providers around the world are a key element of Acopia's growth strategy, and we're thrilled to be partnered with the leading provider of server and storage technology and services in Japan" said Christopher Lynch, President and CEO of Acopia. "We are confident that the advantages of Acopia technology and the expertise of CTC will provide unique value and will have an immediate impact on customers in the Japanese market."
Established in 1972, Itochu Techno-Science Corporation (CTC) provides advanced IT solutions to enhance enterprise computer systems. CTC supports such market segments as telecommunications, broadcasting, finance, distribution, manufacturing, education/government, medicine, pharmaceutical/chemicals, and textiles/apparel. CTC has formed partnerships with IT companies worldwide. These partnerships range from those with global multinational IT companies to those with highly focused venture businesses. CTC employs over 3,300 people nationwide, and reported fiscal year 2003 revenues exceeding $2.4 Billion (Yen 110/$US).
Acopia Networks, headquartered in Lowell, MA, is the innovator of Adaptive Resource Networking platforms that provide a new foundation for intelligently managing the global distribution of data. Acopia's switches hide the "back end" complexity from users and increase the utilization of today's resources. The company was founded in 2002 by industry visionary and serial entrepreneur Cheng Wu and a team of talented engineers from companies such as Cisco Systems (NASDAQ: CSCO), EMC (NYSE: EMC), Network Appliance (NASDAQ: NTAP) and others throughout the high technology industry.
For more information, visit http://www.acopia.com/.
©2004 Acopia Networks, Inc. Acopia is a trademark of Acopia Networks. All other brands, products, or service names may be trademarks or service marks of the companies with which they are associated.
Contact:
Joe Wisniewski
Acopia Networks, Inc.
978-513-2979
jwisniewski@acopia.com