FOR IMMEDIATE RELEASE
iTera Announces 64 Percent Revenue Increase For 2005
SALT LAKE CITY (March 8, 2006) iTera, Inc. announces another great year of growth and profitability. This includes a 64% increase in gross revenue during 2005 and 600 new sales of licenses of iTera's Echo2 High Availability software.
The Company continues to receive recognition for its breakthrough technologies, including an unprecedented third consecutive annual recognition by TechTarget in its High Availability Products of the Year Awards.
"The entire iSeries high availability and disaster recovery market continues to grow because iTera continually introduces newer and stronger HA technologies, while also driving down the costs," says Dan NeVille, president of iTera. "iTera's value proposition coincides beautifully with the tremendous price/performance value of the iSeries (System i5); this combination allows companies of all sizes to enjoy the powerful system continuity benefits of state-of-the-art iSeries high availability."
In 2006, iTera, through a variety of means, is significantly reducing the cost of its innovative High Availability and Disaster Recovery solutions. "Our goal is to make it easier for companies of all sizes to enjoy the benefits of a mirrored environment with switchover/failover capabilities," NeVille continues. "Because of our new pricing models, multi-platform and hosting capabilities, as well as a stream of technological innovations, we expect our license base to double during 2006."
About
Team Computing
Team Computing Australia Pty Ltd was formed with the aim
of providing outstanding customer service through the very best IT solutions based
upon client's needs. The company's references are the 'Who's Who' of Australian
medium-sized Companies. Team Computing specialise in iSeries (AS/400s), all brands
of PCs and accessories, Networks and their interconnectivity, for all size businesses.
For more information send an email to team@teamcomputing.com.au,
or call +61 2 9438 4333.
About iTera
Headquartered in Utah,
iTera is a developer and integrator of iSeries high availability and continuous
availability solutions including, Echo2 ™ High Availability, GuardianSave™
and Migrate While Active™.
In Australia, for more information visit Team Computing at www.teamcomputing.com.au, send an email to team@teamcomputing.com.au or call 02 9438 4333.
