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Technology Stocks : OTG Software, Inc. (OTGS) -- Ignore unavailable to you. Want to Upgrade?


To: KevRupert who wrote (21)4/13/2000 8:47:00 PM
From: KevRupert  Read Replies (1) | Respond to of 33
 
OTGS Overview:

investor.otg.com

Corporate Overview

We are a provider of online data storage management and data access software. Our software enables enterprises to move, store, manage and access data quickly and efficiently over a variety of network architectures, including the Web and storage area networks. Our software supports many different types of storage devices, is easy to install and use, and can manage storage systems ranging in size from a single storage device to an enterprise-wide network storage system.

The growth of data-intensive computing functions such as e-commerce, e-mail, multimedia applications, complex enterprise computer applications and the conversion from paper to electronic storage has fueled rapid growth in the amount of data stored by enterprises. This growth has increased the demand for data storage management software. International Data Corporation, an independent information technology research firm referred to as IDC, estimates that the overall market for data protection and management software will grow from $3.5 billion in 1998 to $6.7 billion in 2003.

Traditionally, enterprises have focused on protecting data by backing it up on secondary storage devices. This process restricts direct access to data by users and software applications and results in repetitively backing up the same data. One response to these limitations has been the emergence of storage area networks. A storage area network is a network of servers and data storage devices that are interconnected at high speeds, allowing network resources to be located at remote and diverse locations. IDC estimates that the overall storage area network market will grow from $3.4 billion in 1999 to more than $13.8 billion in 2003. Storage area networks are designed to store more data more quickly but not to make the data storage and access process more efficient.

Our software enhances the performance of both traditional storage and back-up methods and storage area networks by:

automatically applying policies that determine whether, or for how long, data should be stored;
providing efficient transfer of data to and from storage devices throughout networks, including storage area networks;
providing a detailed index of stored data;
enabling rapid and easy retrieval of stored data selected by users and software applications;
maximizing the effective capacity of existing storage devices; and
providing secure Web access to stored data.
We market our products primarily through more than 15 original equipment manufacturers and more than 235 domestic and international value-added resellers and distributors, as well as through our direct sales force. We have original equipment manufacturer relationships with Advanced Financial Solutions, Agilent Technologies, which is a subsidiary of Hewlett-Packard, Cerner, Data General, which is a division of EMC, FileNet, Imation, Legato Systems and StorageTek, among others. We also recently entered into an original equipment manufacturing relationship with Tivoli Systems, Inc., an IBM company, providing for Tivoli to integrate our DiskXtender product into Tivoli's storage management strategies and offerings.

We have licensed our products to more than 6,000 corporations, government agencies and other organizations across a broad spectrum of industries. Our customers include American Airlines, Citicorp, Dow Chemical, Mayo Clinic, Nabisco, the National Association of Securities Dealers, Nortel Networks, PSINet, the University of Miami and the U.S. Department of Defense.

Our principal executive offices are located at 6701 Democracy Boulevard, Suite 800, Bethesda, Maryland 20817 and our telephone number is (301) 897-1400. We were initially incorporated as a Maryland corporation in March 1992. We reincorporated in Delaware in June 1998. When we refer to ourselves or OTG Software, Inc., these references include the predecessor Maryland corporation.

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Copyright ¸ 1999 OTG Software, Inc. 301.897.1400