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ots Ad hoc-Service: BETA Systems Software AG
BETA SYSTEMS SOFTWARE AG ANNOUNCES FIRST ASP AGREEMENT FOR STORAGE MANAGEMENT PRODUCTS
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Berlin (ots Ad hoc-Service) -
BETA Systems' new subsidiary, Tantia Technologies cooperates with JAWS Technologies, Inc. to expand Secure Web Storage Capabilities
BETA Systems Software AG (Neuer Markt: BSS) today announced, that its wholly-owned subsidiary, Tantia Technologies, Inc., developing and marketing the Company's Storage Management Products, and JAWS Technologies, Inc. (NASDAQ:JAWZ), a leading provider of end-to-end information security solutions, have signed a five-year revenue-sharing agreement.
JAWS has incorporated Tantia's Harbor Backup software into its Secure Network Storage Services which will allow JAWS to develop customized user interfaces for its various industry specific storage applications. JAWS will offer these services to Application Service Providers (ASPs), Internet Service Providers (ISPs) and Telecommunications companies worldwide over the Internet. The agreement includes provisions for Tantia Technologies from those revenues of JAWS which are made by using Tantia's Storage Management product. In addition, JAWS and Tantia will share certain technology assets, jointly develop technology and start marketing initiatives aimed at the web-based storage market.
By utilizing web-based storage services such as JAWS' Secure Network Storage Services, organizations gain access to millions of dollars worth of storage infrastructure, with little up-front costs, for a low monthly fee. Potential customers purchase backup and recovery software services instead of investing into and operating their own storage infrastructure.
Robert Kubbernus, Chairman and CEO of JAWS Technologies commented that, "This agreement allows us to combine Tantia's 'Best-In-Class' enterprise storage management technology with JAWS' information-security expertise to offer our vertical-market customers the very best customized, secure information management solutions available."
Christiane Hotz-Firlus, Member of the Management Board of BETA Systems Software AG stated: " This innovative business model has been jointly developed with JAWS who has extensive experience in the ASP market. It is another important step in the implementation process of BETA Systems' strategy for the Storage Management business line. As a result of this new agreement BETA Systems will directly benefit from the fast growing web-based storage market. Increasing demand for storage capacity will have a direct effect on our related revenues. We consider this newly established model highly interesting for the ASP market."
Arne Bassler Investor Relations BETA Systems Software AG Phone: ++49 (0)30 399 26-158 Fax: ++49 (0)30 399 26-294 E-Mail: email@example.com
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