To: Tom Hua who wrote (76 ) 12/7/1997 9:21:00 PM From: Tom Hua Respond to of 160
It turns out TEAL had a $5 million contract for 2 1/2 years with a Japanese distributor. It was old news, but I missed it. TriTeal Enters $5 Million Japanese Master Distribution Agreement with Ryoyo Carlsbad, CA -- March 18, 1996 -- TriTeal Corporation, a leading open systems enterprise desktop and system software provider, today announced an agreement in which Ryoyo Electro Corporation will have exclusive distribution rights to TriTeal desktop and Internet/Intranet products throughout Japan. This master distribution agreement is valued at over $5 million over the next 2 1/2 years. Ryoyo is a leading information services company with 21 offices in Japan, and annual revenues in excess of $1 billion. Ryoyo is also represented in Hong Kong, Singapore, and San Jose (CA). "Ryoyo's position as a leading trading company in the Japanese market enables them to effectively sell and support our products to a broad range of distribution channels," said TriTeal CEO Jeff Witous. Ryoyo will also sell directly to large enterprise organizations. There is a substantial, growing market in Japan for a unified desktop solution that includes integrated Internet and Intranet services. "We are seeing large Japanese companies start investing in corporate-wide implementations of Internet and client/server architecture," explained Yoshihito Sugiyama, general manager for the Internet Business Development department. "TriTeal's product line delivers a comprehensive answer to the customer's requirements." In order to capture this burgeoning market, Ryoyo has already created a dedicated business unit for TriTeal products which includes sales, marketing and support personnel. TriTeal products include the TriTeal Enterprise Desktop (TED) and TEDSERVER(TM) is the leading multi-platform implementation of the Common Desktop Environment (CDE) specification. TED is CDE branded by X/Open Company Ltd. and includes several integrated features such as the TEDVISION(TM) browser, TEDFAX(TM), and a graphical workspace manager. TEDSERVER(TM) is implemented as a high-performance, integrated personal and enterprise web server. TED is now localized for the Japanese market; TED is available and supported throughout Japan in Japanese, English, and other language versions. TriTeal Corporation TriTeal Corporation, headquartered in Carlsbad, California, develops, markets and supports open systems-based desktop software, system software, and integrated applications. TriTeal's products enable the enterprise to deploy a platform-independent, unified desktop environment which provides each user with access to legacy applications as well as client/server Internet/Intranet-based applications. The Company's flagship product is the TriTeal Enterprise Desktop (TED). TED delivers a common user environment across multiple hardware and operating system architectures commonly used in the enterprise segment. TriTeal customers include major corporations in the financial services and telecommunications industries, as well as the government sector. Ryoyo Electro Corporation Ryoyo Electro Corporation's headquarters are in Tokyo, Japan. The company was established in 1961, and continues to supply the Japanese market with technology solutions through its nationwide offices. Its technology offerings include semiconductors, computer systems, and software. Ryoyo is listed on the Tokyo Stock Exchange, First Section.