Stocks & Investing
SolarWinds Continues Global Expansion With Investment in India
AUSTIN, TX and CHENNAI, INDIA--(Marketwire - March 31, 2011) - SolarWinds (
Overview:
- Comstor India is a specialty distributor in enterprise networking, data center and mobility technologies. SolarWinds plans to leverage Comstor's market expertise and offer select resellers and customers access to SolarWinds' full scope of award-winning IT management products including SolarWinds' [ network management product ] portfolio, SolarWinds [ Application Performance Monitor ], SolarWinds [ Storage Profiler ], and [ virtualization management ] from Hyper9 (acquired by SolarWinds in January 2011).
- SolarWinds is also recruiting reseller partners interested in selling and supporting SolarWinds products in the region. Interested companies should contact [ reseller@solarwinds.com ] for more information.
- The Chennai office will continue to be a development center for the company, but will now include inside sales personnel along with channel support for the region.
- SolarWinds was established in 1998, employs more than 400 people worldwide, and is headquartered in Austin, Texas. The company has additional international locations in Singapore; Brisbane, Australia; Cork, Ireland; and Brno, Czech Republic.
Supporting Quotes:
"We believe that we have an opportunity to expand our sales in India, based on our unique approach to solving today's real world IT Management problems. Our easy to use, powerful and affordable software combined with our unique web-based marketing model provide us a unique model that few other enterprise software companies can match," said Kevin Thompson, President and CEO, SolarWinds. "Our investment in India represents an important step in our continued global expansion."
"SolarWinds' strategic alignment with Cisco, combined with its powerful and easy-to-use features, presents an attractive value proposition for our resellers and their end users in the Indian market," said Santosh Sankunny - Business Head - Comstor. "We look forward to working with SolarWinds and anticipate that their products will prove to be very beneficial to companies in this market who are looking to solve a full range of real-world IT management challenges, easily and affordably."
For more information on SolarWinds IT management products, visit [ www.solarwinds.com ].
Forward-Looking Statements
This press release may be deemed to contain "forward-looking" statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including SolarWinds' expectations of its growth and expansion in the India market. These forward-looking statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements that are not historical facts and may be identified by terms such as "continues," "believes," "plans" or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those risks and uncertainties described more fully in documents filed with or furnished to the Securities and Exchange Commission. All information provided in this release is as of the date hereof and SolarWinds undertakes no duty to update this information except as required by law.
About SolarWinds
SolarWinds (
SolarWinds, SolarWinds.com, and Orion are registered trademarks of SolarWinds. All other company and product names mentioned are used only for identification purposes and may be trademarks or registered trademarks of their respective companies.