Open-E Opens US Co.

REDWOOD CITY, Calif. -- Open-E GmbH., a leading developer of innovative storage management software, today announced the opening of Open-E, Inc. in the US to position the company for continued growth and expansion around the world. The company recently opened an office in Tokyo, Japan to expand its presence in Asia.

IDC predicts a 75.8% increase in iSCSI revenue between 2005 and 2010, according to the company's Worldwide Disk Storage External Revenue by Installation report. The firm estimates that by 2010, iSCSI revenue will be around $5.1 billion or 20% of the external disk storage market, up from $305 million or 3% of the external disk storage market in 2005.

"The market timing is perfect to establish a US base of operations in order to take advantage of the increasing growth in the NAS and iSCSI markets," said Krzysztof M. Franek, president and CEO of Open-E. "Our immediate priorities are to expand our sales, marketing and channnel support initiatives in the US, while further establishing ourselves as the leading provider of NAS/iSCSI storage management software solutions for performance, capacity and availability driven applications in the global SMB and SME markets. Our ever-increasing market acceptance, with over 8,000 customers for our Data Storage Server technology continually validates our almost decade long commitment to providing the best-in-class NAS and/or IP-SAN/iSCSI storage management solutions to help companies simplify their storage needs and increase their workflow efficiency and ROI."

Open-E GmbH