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EqualLogic Launches European Operations
World's Leading iSCSI SAN Vendor Opens Offices in London and Munich to Continue Aggressive Expansion in Western Europe
London, February 27, 2006 - EqualLogic, the leading provider of complete, intelligent iSCSI storage area network (SAN) solutions, today announced expansion of its international operations with the opening of European sales offices in London and Munich. Building on a strong foundation of existing distributors, resellers and customers, EqualLogic will develop its sales operations in Europe to offer the award-winning PS Series SAN to large and mid-sized enterprises in the United Kingdom, Germany, The Netherlands and Scandinavia. According to IDC's "Worldwide Disk Storage Systems 2005-2009 Forecast and Analysis" report 1, the worldwide market for iSCSI SANs is forecasted to grow from just over $100 million in 2004 to more than $4.5 billion in 2009, representing a compound annual growth rate of 107 percent - and Europe will contribute significantly to this growth.
EqualLogic will develop further its global channel network, which currently includes 280 partners worldwide and generates more than 90 percent of the company's revenue. EqualLogic's channel infrastructure in Western Europe currently includes distributors such as GE Access Distribution, Consolidate IT and Advanced Unibyte and a growing network of VARs.
EqualLogic's European operation is led by Vice President Paul Klinkby-Silver, based in London, who will build a successful pan-European sales infrastructure for rapid growth in the region. Prior to joining EqualLogic, Klinkby-Silver was general manager for Intransa in Europe, and before that he was CEO of Avanti Europe.
"As we tested the waters of the European market last year, we found the same pressing need for storage consolidation that is commonplace in North America - as well as the same widespread dissatisfaction with traditional networked storage solutions," said Don Bulens, president and CEO of EqualLogic. "We see a tremendous opportunity to serve European businesses with a more affordable, intuitive, and easy-to-manage SAN, and we look forward to achieving the same broad market acceptance in Europe that we now enjoy in the U.S."
EqualLogic's momentum in North America propels its international expansion. In 2005, EqualLogic tripled its revenue over the previous year and grew its customer base to more than 900 enterprises worldwide, with multiple installations per customer. EqualLogic is the only pure iSCSI SAN vendor with more than 7.5 petabytes of storage capacity in production worldwide. Last year, EqualLogic installed Europe's largest IP SAN of 70 terabytes at SDC Udvikling A/S, an application service provider providing electronic banking services to more than 165 financial institutions in Denmark.
EqualLogic's PS Series family delivers a complete SAN solution to companies of all sizes, offering a reliable, self-managing, scalable pool of storage that responds intelligently to user demands. EqualLogic's award-winning and data-center-proven PS Series is the only native iSCSI SAN solution to offer a comprehensive and fully integrated advanced feature set at no additional cost. Each PS Series storage array comes with fully redundant, fault-tolerant hardware and includes automatic storage-management software in a self-contained chassis. Multiple arrays can be combined to form a scalable enterprise storage grid of more than 100 terabytes.
About EqualLogic
EqualLogic®, Inc., is the leading provider of iSCSI-based, all-inclusive storage area network (SAN) solutions that enable businesses - from Fortune 500 to small and mid-size organizations - to realize the economic benefits of consolidated, self-managing storage. The company's flagship product, the PeerStorage® Array 100E, is the industry's first automatic storage platform that delivers operational simplicity, functional integration, and high data availability in a single, scalable pool of storage. EqualLogic's headquarters are located in Nashua, N.H. For more information, please visit http://www.equallogic.com
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EqualLogic® is a registered trademark of EqualLogic®, Inc. Other marks belong to their respective owners.
Media Contacts:
Vee Baker
EqualLogic
020 7556 7878
AxiCom
Lauren Drapala
020 8392 4054