nStor Inks Distribution Agreement With Forefront Technologies to Expand Global Reach Strategic Partnership Meets Growing Need for SATA and Fibre Channel RAID Systems in Middle East and Africa CARLSBAD, Calif., Oct. 5 /PRNewswire-FirstCall/ -- nStor Corporation, a subsidiary of nStor Technologies, Inc. (AMEX:NSO) and an innovative developer of storage-network solutions, today announced that it has finalized a strategic distribution agreement with Forefront Technologies, a Dubai-based technology distributor with specialized document and digital imaging expertise. Under the terms of the agreement, Forefront will market nStor's NexStor platform of storage systems, StorView management software and full complement of services to its growing customer base of systems integrators and value-added resellers throughout the Middle East and Africa. Forefront will leverage nStor's high-availability systems to meet the escalating demands for scalable, reliable and economical data storage. In particular, Forefront's focus on document and digital imaging solutions drives the need for solutions that offer enterprise-class functionality without the cost and complexity of traditional systems. According to Todd Gresham, nStor president and CEO, forming this important distribution partnership with Forefront reinforces nStor's goal to gain greater market traction worldwide with its complete line of high-performance SATA and Fibre Channel RAID systems. "We are extremely pleased to enter into this distribution agreement with Forefront and build upon our success in supporting a wide variety of imaging applications," he said. "By joining forces with an acknowledged market leader like Forefront, we will be able to extend our global reach and sustain significant market momentum for our current and next-generation storage platforms." Forefront's commitment to the expanding imaging market in Saudi Arabia is reinforced by a unique sales and service infrastructure in addition to an exclusive channel development and distribution deal with Fujitsu. "nStor's best-of-class storage products complement our Fujitsu imaging solutions while ensuring that we can support a variety of mission-critical applications," explained Georges B. Karam, managing director of Forefront Technologies. "We look forward to integrating nStor's data storage products seamlessly into our vast array of digital imaging business solutions." Forefront will showcase nStor's family of data storage hardware and software products at Gitex 2004 Dubai Expo (Hall #3, Stand #E3-1), which takes place October 3-7, 2004. About Forefront Technologies. Forefront Technologies is a major information technology distributor with a primary focus on document management and document imaging systems and solutions. Founded in 1995, the company is based in the exclusive Hub of the Dubai Jebel Ali Free Zone. Since inception, Forefront has become an acknowledged force in the imaging Industry, reaping to its credit the largest imaging products distribution reference with a record growth rate and an expanding network of System Integrators, Value Added Resellers and Distribution Partners across the Region. For more information, visit http://www.forefrontec.com/. About nStor Corporation, Inc. Headquartered in Carlsbad, Calif., nStor is a wholly owned subsidiary of nStor Technologies, Inc. (AMEX:NSO) and developer of data storage solutions that are ideally suited for both large enterprises as well as small to mid-sized businesses. The Company's flagship controller technology and StorView software form the foundation for the NexStor family of turnkey solutions that support Microsoft Windows, Linux, UNIX and Macintosh operating environments. Designed for storage-intensive environments and mission-critical applications, nStor's products are offered in various architectures including Fibre Channel, SCSI and SATA and are focused on addressing customers' business needs and applications. The Company markets its storage solutions through a global network of OEM partners and systems integrators. For more information, visit http://www.nstor.com/. This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimated," "project," "expect," "anticipate," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the Company's inability to increase sales to current customers and to expand its customer base, continued acceptance of the Company's products in the marketplace, the Company's inability to improve the gross margin on its products, competitive factors, dependence upon third-party vendors, outcome of litigation, insufficient funding and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. nStor and StorView are registered trademarks of nStor Technologies, Inc. DATASOURCE: nStor Corporation CONTACT: Veena Raman of nStor Corporation, Inc., +1-760-683-2500, ; or Sue Hetzel of HetzelMeade Communications, +1-760-434-9927, , for nStor Corporation, Inc. Web site: http://www.forefrontec.com/ Web site: http://www.nstor.com/

Copyright

Nstor (AMEX:NSO)
Gráfico Histórico do Ativo
De Fev 2025 até Mar 2025 Click aqui para mais gráficos Nstor.
Nstor (AMEX:NSO)
Gráfico Histórico do Ativo
De Mar 2024 até Mar 2025 Click aqui para mais gráficos Nstor.