More good news for RTEC
Ross technology signs agreement for india with golden computers ltd.
Dec 11, 1996 9:42 AM [PRNewswire]
AUSTIN, Texas, Dec. 11 /PRNewswire/ -- ROSS Technology, Inc. (Nasdaq: RTEC) today announced a sales agreement for India with Golden Computers Ltd., a business unit of Tandon Corp.
Under terms of the agreement, Golden Computers will distribute ROSS Technology's SPARC(TM)-based products (the global standard employed by Sun Microsystems and other SPARC manufacturers for workstations and servers) to its network of resellers and system integrators in India. The agreement covers the following elements from the ROSS product line: hyperSTATION(TM) workstation systems, SPARCplug(TM) PC systems and SPARCplug-based workstations and servers, hyperSTATION upgrade kits for SPARCstation 5 systems, and perSPARC(TM)
microprocessor upgrade products for SPARCstation 10 and 20 systems. According to ROSS, any of these types of Sun systems can be upgraded to new-system performance in about one-half hour, for a fraction of the cost of a new workstation.
"Our partnership with Golden Computers is especially significant for ROSS Technology because it provides access to India, one of the fastest growing markets in the world," said Roger D. Ross, Chairman, President and CEO of ROSS Technology. "The agreement establishes Golden Computers as a one-stop shopping source for a full range of SPARC solutions, the open systems standard which represents over 50% of the worldwide workstation market. Golden Computers and ROSS are hereby ensuring availability of industry-leading SPARC performance for this important market," Ross said.
"ROSS, situated in the 'Silicon Hills' of Texas, through Golden Computers will develop a presence in the 'Silicon Plateau' of India," said Ross. "The country's participation in the worldwide software development market segment has increased tremendously during the past five years. Currently, India's software development industry is growing at about twice the rate sustained by the U.S. software industry at its zenith. That growth, combined with India's rapidly growing pool of qualified programmers, has created a demand for world- class engineering tools. Through our partnership with Golden
Systems, ROSS Technology will support continued technology growth in India by fulfilling the demand for state-of-the-art computer
performance."
All hyperSTATION systems and hyperSTATION system components conform to the SPARC Standard MBus specification, utilizing SPARC-standard CPU daughtercards that are upgradeable and multiprocessing capable. Multiple CPU options with varying cache sizes and clock frequencies are available, as well as SBus performance options,including ISDN and high-speed serial interfaces.
The hyperSPARC microprocessors, like all ROSS products, maintain absolute compliance with SPARC(TM) standards, including SPARC SCD, SPARC Version 8 Architecture, and Level 2 (multiprocessing) MBus. In addition, the Solaris(R) 1.1.2 (SunOS(R) 4.1.4), 2.3, 2.4 as well as the Solaris 2.5 operating systems are fully qualified on hyperSPARC and supported directly by SunSoft(R).
ROSS Overview
ROSS Technology, incorporated in 1988, is a majority-owned subsidiary of Fujitsu Limited. A minority position in ROSS is held by Sun Microsystems, Inc. As of September 30, 1996, the Company's outstanding Common Stock was held 60 percent by Fujitsu, 5 percent by Sun, and 35 percent by employees and the public. The Company's objective is to drive SPARC, the industry's highest-volume reduced instruction set computing architecture, to increased performance leadership and market share. ROSS is one of the industry's most prominent suppliers of SPARC microprocessors and SPARC system products to both the OEM and end-user markets.
Further information is available on the company's World Wide Web site at ross.com, or via e-mail to info@ross.com. International customers may call for more information to 512-349-3108, or via fax to 512-349-3101.
ROSS and the ROSS logo are registered trademarks, and hyperSTATION is a trademark of ROSS Technology, Inc. All SPARC trademarks are trademarks or registered trademarks of SPARC International. SPARCplug and hyperSPARC are licensed exclusively to ROSS Technology, Inc. SPARCstation and SPARCserver are licensed exclusively to Sun Microsystems, Inc.
Products bearing SPARC trademarks are based upon an architecture developed by Sun Microsystems, Inc. Solaris, SunSoft and SunOS are registered trademarks of Sun Microsystems, Inc. All other products or service names herein are trademarks of their respective owners.
The Technology Market in India
Fact Sheet
-- India's information technology market grew at a compound annual growth rate of 31 percent between 1985 and 1995, to a total of $2.09 billion in 1995, according to International Data Corp. The market research firm expects the market to achieve a compound annual growth rate of 29 percent through 2000.
-- India's software industry, the largest segment of the country's information technology industry, had sales of more than $1.2 billion in 1994, according to "The Economist." About half of the industry's revenue comes from exports.
-- India currently accounts for approximately 1 percent of the $32.3 billion generated by the worldwide programming industry,
according to press reports. However, the 50 percent growth rate of the programming industry in India is double that of the U.S. programming industry during its heyday.
-- India's software exports could reach $1.0 billion in 1996, according to International Data Corp.
-- The heart of the technology industry in India is Bangalore, according to press reports. The Indian government has created export-dedicated software technology parts in Pune, Bangalore, Bhubaneshwar, Trivandrum, Hyderabad, Gandhinagar and Noida. It plans to develop eight more software technology parks.
-- India has the second largest pool of software professionals in the world, after the United States, and has the world's highest productivity-to-cost ratio, according to a report by investment bank Peregrine Capital.
-- Universities in India produce about 20,000 computer science graduates each year, according to "The Economist." Demand for computer science professionals is so high that wages are increasing by 20 percent each year.
-- Training institutes in India produce more than 100,000 trained computer programmers each year, according to press reports.
SOURCE ROSS Technology, Inc.
-0- 12/11/96 /CONTACT: John C. Rasco, MarCom Director, Ross Technology, 512-436-2121, john@ross.com; or
Company information: 800-ROSS-YES, or ross.com, or Int'l: 512-349-3108/ (RTEC)
CO: ROSS Technology Inc. ST: Texas IN: CPR SU: FNC |
