COMMVAULT SIGNS DISTRIBUTION AGREEMENT IN INDIA First Distribution Agreement in India Signed with Inflow; Country Sales Manager Appointed
Released on: October 7, 2007, 8:09 pm
Press Release Author: Commvault
Industry: Software
Press Release Summary: CommVault® announced its continued expansion into the rapidly growing Indian technology market, signing its first distribution agreement in the country with Inflow Technologies and appointing Vivek Anand as Country Sales Manager. By establishing a local sales and distribution presence, CommVault is aiming to provide a timelier and more personalized level of service for enterprises in India and to increase its market share in this burgeoning market.
Press Release Body: Bangalore, INDIA - 8 October, 2007 - CommVault® (NASDAQ: CVLT) today announced its continued expansion into the rapidly growing Indian technology market, signing its first distribution agreement in the country with Inflow Technologies and appointing Vivek Anand as Country Sales Manager. By establishing a local sales and distribution presence, CommVault is aiming to provide a timelier and more personalized level of service for enterprises in India and to increase its market share in this burgeoning market.
Inflow Technologies, a master reseller responsible for the recruiting, education, training, development and growth of specific channels, is one of the leading information management solutions and services company in India. Inflow will market and distribute the full CommVault SimpanaTM software suite including Data Protection, Replication, Archive, Search and Storage Resource Management modules and will assist CommVault in the development of its channel across India by recruiting and training suitable reseller candidates. As a well-established player in the Indian market, Inflow will utilize its established traction within the reseller community to launch and expand CommVault's footprint in India.
Country Sales Manager Appointed
As CommVault's new country sales manager, Anand will be responsible for sales operations in India with the task of growing CommVault's channel business and supporting CommVault's commitment to the Indian market. Anand is the first member of what is expected to be a growing team based out of Mumbai. Focused on developing enterprise sales programs for India, Anand will report to Ross Stewart, CommVault's regional director of emerging markets which includes the Middle East, Eastern Europe, Russia and India.
"CommVault has identified India as a market with huge growth potential and we are confident that now is the right time to be expanding our operations in the region," said Ross Stewart, CommVault's regional director of emerging markets. "We are pleased to work with Inflow to build a programme for resellers that rewards partners' commitment and increasing knowledge base. By bringing Anand on board, we are committed to truly understanding our Indian customers and their business and to delivering high-quality, reliable information availability and management solutions designed to meet their business requirements."
"Indian companies, particularly in the technology sector, are growing at such a rapid pace that there is increasing demand for a truly singular approach to managing explosive data growth." said Byju Pillai, president and CEO, Inflow Technologies. "We see the performance, simplicity and TCO benefits of CommVault's Singular Information ManagementT approach as critical to helping our customers address the need for reduced data management complexity and as the key to unlocking new opportunities for Inflow in the Indian market."
About Inflow Technologies Inflow Technologies addresses the growing need for organizations to manage information more effectively and efficiently through Technology Enablement and Distribution of Information Management Products, Solutions and Services. These are Information Security, Storage Management, Information Intelligence and Analytics, Performance Products, Virtualization, Human Skill Assessment, Information Security Professional & Education Services. Inflow operates on a unique \"Technology Enabler\" business model which ensures integrated solutions, using best of breed technologies and services, are delivered to customers through leading System Integrators and Resellers. Being a 100 percent indirect model, Inflow conducts business through 150+ qualified Channel Partners across India and Sri Lanka.
About CommVault® A singular vision - a belief in a better way to address current and future data management needs - guides CommVault in the development of Unified Data Management® solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault's exclusive single-platform architecture gives companies unprecedented control over data growth, costs and risk. CommVault's SimpanaTM software suite of products was designed to work together seamlessly from the ground up, sharing a single code and common function set, to deliver superlative Data Protection, Archive, Replication, Search and Resource Management capabilities. More companies every day join those who have discovered the unparalleled efficiency, performance, reliability, and control only CommVault can offer. Information about CommVault is available at www.commvault.com. CommVault's corporate headquarters is located in Oceanport, New Jersey in the United States. (cvlt-co)
Safe Harbor Statement This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding CommVault's beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. CommVault does not undertake to update its forward-looking statements.