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Technology Stocks : Red Brick Systems
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To: David You who wrote (111)11/7/1997 9:30:00 PM
From: tech101  Read Replies (1) of 304
 
Wednesday November 5 3:02 PM EST

Company Press Release

HP's Americas Local Products Organization Signs Reseller Agreement for Red Brick Products

PALO ALTO, Calif--(BUSINESS WIRE)--Nov. 5, 1997--Hewlett-Packard Company and Red Brick Systems, Inc. today announced an agreement for HP to resell Red Brick's data-warehouse products and services through its Americas Local Products Organization. This agreement provides Red Brick with a strong reseller capability in a wide range of markets. It provides HP customers the ability to acquire Red Brick's products and services as part of an integrated HP solution through HP's Americas Local Products Organization.

Red Brick Systems offers a comprehensive platform of software products that are designed specifically to build and deploy scalable, high-performance data-warehousing and data-mart applications to meet customers' decision-support needs. These products include Red Brick Warehouse, Red Brick Data Mine and Red Brick product-maintenance support contracts and implementation-service packages. Red Brick creates and markets data-warehouse and data-mart solutions that operate on UNIX(R) system and Microsoft(R) Windows NT(R) platforms from HP.

''This enhanced relationship with HP and its business partners represents a major expansion of Red Brick's worldwide distribution channel for Red Brick products and services,'' said Chris Erickson, president and chief executive officer of Red Brick Systems. ''Many of our customers, prospects and business partners have existing relationships with HP. Red Brick and HP's new relationship simplifies the acquisition of products and services to satisfy the most demanding of data-warehouse and data-mart deployment requirements.''
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