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Features - Financial Plays Of The Week:

MaXXan ANNOUNCES EUROPEAN EXPANSION

MaXXan Systems Inc, a leading developer of next-generation storage networking infrastructure, has unveiled its international expansion plans and announced the opening of its first European office in the United Kingdom. The event is marked by the Company's participation at CeBIT, Hannover, Germany, from March 12 to 19, VERITAS Partner Park, hall 3, stand B39, booth 10.

"Our expansion into Europe is part of the continuing development of our presence, both domestically and internationally," explains Vic Mahadevan, chief executive officer of MaXXan Systems. "We have been active in Europe since the beginning of this year and have encountered a high market interest in our storage networking solutions. The logical step was to come closer to the European customers and bring our storage networking solutions to their countries."

By establishing the UK office, MaXXan is in a position to leverage its strategic alliances with United States companies that have an international presence. This announcement follows the latest news release that revealed MaXXan's global service and support agreement with Unisys, a well-known worldwide information technology services and solutions company.

"We are now building local infrastructure in major economies to manage and grow the business to the next level," says Mahadevan. "Asia Pacific is our next step and I can tell you that we're getting there as we speak. We've already seen a great interest from Asian companies, which are eager to get their hands on our enterprise-class solutions that will help them manage their increasing storage needs/requirements."

At CeBIT, MaXXan is participating as a VERITAS partner and is showcasing its recently launched NAS gateway solution, the SG100, powered by VERITAS software. The MaXXan SG100 NAS Gateway based on industry's first storage optimised server appliance provides exceptional investment protection and the ability to migrate to MaXXan's MXV320 intelligent switch platform.

The new United Kingdom office, headed by Gerry Burr, MaXXan's European sales director, will provide the complete family of MaXXan storage networking solutions to European companies. The office is located in the Marlow Business Centre, Willowbank House, 84 Station Road, Marlow, Bucks, SL7 1NX. The telephone number is +44 (0)1628 894355. The fax number is +44 (0)1628 894333.

About Maxxan Systems Inc

MaXXan Systems Inc is delivering next-generation networking infrastructure technologies to organisations deploying large-scale storage networks. MaXXan's intelligent products bring simplicity, scalability, and performance to heterogeneous storage networks while protecting customers' investments. The Company's next-generation networking solutions offer unprecedented enterprise-class features and simplify the deployment and management of today's complex storage networks. For more information call 866-4-MAXXAN or visit MaXXan's Web site at www.maxxan.com/.

Contact: Jeff Silva of MaXXan Systems Inc, 832-436-1000, jeff_silva@MaXXan.com.

 
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