Open-E Opens U.S. Company

Open-E GmbH., a developer of innovative storage management software, 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 channel
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