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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Intechnology | LSE:ITO | London | Ordinary Share | GB0001388932 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 24.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6687D InTechnology PLC 16 May 2001 16 May 2001 INTECHNOLOGY PLC ANNOUNCES STRATEGIC PARTNERSHIP WITH COMPAQ UK InTechnology plc, the advanced data technology services company today announced a strategic partnership with Compaq UK whereby VBAK, InTechnology's online backup and restore service, will be sold exclusively through Compaq's UK Sales channels. InTechnology will continue to provide product development, service delivery and support via its extensive UK network and data centre infrastructure while Compaq will market and sell the VBAK service to end user customers and through channel partners, as part of their expanding customer service portfolio. "VBAK has come at a perfect time for today's market," said Rene Schuster, Compaq UK Chief Executive. "Never before has it been so critical to store and manage data effectively. We believe this solution is so compelling, it will become the industry standard." The VBAK service was launched by InTechnology in October 2000 and has quickly established a high profile customer base. The service has been designed to offer a revolutionary new approach to the back up and restoration of business critical information, previously a tape based process, which has remained largely unchanged for nearly 25 years. Peter Wilkinson, Chief Executive of InTechnology commented: "Compaq's widely recognised brand and sales and marketing capability will give us the opportunity to dramatically expand our existing customer base. "I believe that VBAK has the potential to become an industry standard and through this partnership we will be able to accelerate its commercialisation." About InTechnology InTechnology plc (formerly trading as STORM & VDATA) is Europe's only specialist advanced data technology company, and is involved in major new developments in the IT storage marketplace. The company provides services and products via channel partners for data storage and deployment, data management and protection through its wide-area private network infrastructure. InTechnology is also Europe's first Advanced Infrastructure Provider (AIP), supporting the growth in online utility computing. www.intechnology.co.uk For further information please contact: Ann-marie Wilkinson/Susan Frost Beattie Financial 020 7398 3300
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