Falconstor Software and Huawei-3Com expand strategic partnership
October 26th, 2006 Leave a comment Visited 17 times, 1 so far today
Falconstor Software and Huawei-3Com expand strategic partnership
Hangzhou Huawei-3Com Technology Co. Ltd, China’s number one IP network solutions provider, is to participate in joint research and development efforts with FalconStor in China and commit to a multi-year, multi-million dollar sales arrangement, in an expansion of their strategic partnership.
“As the trend towards convergence between networking and storage continues, it’s logical that an aggressive network technology company like Huawei-3Com would strive to provide a total network and storage solution to its customers,” said Mr. Li Zhi, Director, Storage Products, Huawei-3Com. “For this reason, Huawei-3Com’s IP storage solution powered by FalconStor’s technology represents a significant milestone in the execution of this vision.”
“We chose to extend our partnership with FalconStor because FalconStor’s solutions offer an open architecture with an application-centric paradigm, which allows us to provide innovative data protection solutions with minimal operating cost and maximum return on investment,” said Mr. Li Zhi.
“FalconStor recognizes the explosive growth and opportunity in Asia-Pacific. Huawei-3Com’s build-up of engineering/support capacity in China, combined with FalconStor’s technology will rapidly advance network storage solutions,” said Eric Chen, FalconStor General Manager, Asia–Pacific. “Huawei-3Com has a unique ability to penetrate not only Asia-Pacific, but the world-wide market with over 1,300 partners and its significant acceptance among end-users.”
As part of the newly expanded contract, both parties agree to collaborate on sales efforts into international markets including EMEA, North America, and Asia-Pacific. Products will include the breadth of FalconStor’s offerings including virtual tape library, continuous data protection, disaster recovery and virtualization.
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About Huawei-3Com Technology
Created in 2003 as a joint venture by Huawei Technologies Co., Ltd., and 3Com Corp. Huawei-3Com offers a full portfolio of IP-based networking solutions, including enterprise routers, switches, security, IP network storage, small office/home office products, voice/video products, and wireless LAN. Huawei-3Com is headquartered in Hong Kong with principal operations in Hangzhou, China, and R&D centers in Hangzhou, Beijing, and Shenzhen. For more information, visit www.Huawei-3Com.com.
About FalconStor
FalconStor Software, Inc. (Nasdaq: FALC) is the premier developer of proven data protection solutions that optimise data center efficiency and business continuity for all IT infrastructures. The company’s award-winning storage virtualisation, continuous data protection (CDP), disaster recovery, and virtual tape library (VTL) solutions integrate seamlessly to ensure rapid data recovery and simplified storage management. Its products are available from major OEMs, system integrators, and resellers, and are deployed worldwide by governments, educational institutions, and Fortune 1000 enterprises across industries including aerospace, energy production, financial services, healthcare, law, manufacturing, and telecommunications.
FalconStor is headquartered in Melville, N.Y., with offices throughout Europe and the Asia Pacific regions including Paris, Tokyo and Taiwan. FalconStor is an active member of the Storage Networking Industry Association (SNIA). For more information, visit www.falconstor.com.
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This press release includes forward-looking statements that involve risk and uncertainties that could cause actual results to differ materially from the forward-looking statements. These risks and uncertainties include: delays in product development; market acceptance of FalconStor’s products and services; technological change in the storage and networking industries; competition in the network storage software market; the potential failure of FalconStor’s OEM partners to introduce or to market products incorporating FalconStor’s products; intellectual property issues; and other risk factors discussed in FalconStor’s reports on Forms 10-K, 10-Q and other reports filed with the Securities and Exchange Commission.
FalconStor Software and FalconStor are trademarks or registered trademarks of FalconStor Software, Inc. in the United States and other countries. All other company and product names contained herein are or may be trademarks of the respective holders.
Media contact:
Tim Donnelly Smith, Both Barrels Communications, +44 7801 755495, timds {at} bbcomms.co(.)uk
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