Adaptec Opens Beijing Office, Expanding Strategic Relationship With Chinese IT Industry.Business Editors/High-Tech Writers BEIJING--(BUSINESS WIRE)--Oct. 30, 2000 Adaptec (company) Adaptec - A company specialising in the aera of movement of data between computers. Adaptec designs hardware and software products to transfer data from a computer to a peripheral device or network. , Inc. (Nasdaq:ADPT ADPT Automated Data Processing/Telecommunications ADPT Adaptec Corporation (stock symbol) ADPT Adaptive Prediction ADPT Auger Depth Profiling Technique ADPT Automated Data Processing Telecommunications ADPT Adapter ), the global leader in innovative storage solutions, today celebrated the inauguration INAUGURATION. This word was applied by the Romans to the ceremony of dedicating some temple, or raising some man to the priesthood, after the augurs had been consulted. It was afterwards applied to the installation (q.v. of its first office in China, which opened today at the Beijing Kerry Centre. The new regional office will offer local sales, marketing, technical support to Adaptec's Chinese customers. "China's IT industry is projected by local officials to grow by 200 to 300 percent over the next five years," said Tim Fondiller, vice president of Worldwide Sales at Adaptec. "With a physical presence in Beijing, we are now able to provide local service and support and are looking forward to the possibility of serving many new Chinese corporate accounts." Adaptec has been selling its products into China through distributors since early 1990s, but the Adaptec Asia Pacific head-office in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. has significantly increased its sales and marketing reach throughout the region over the past three years, to the point where a local office seemed a necessity. "We have seen Adaptec China's business grow by more than 50 percent per year for the last three years," said Charles Lee Charles Lee may refer to:
Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and the Chinese IT industry, we are excited at the enormous opportunities before us." Adaptec's Beijing office will be given full autonomy to forge forge Open furnace for heating metal ore and metal for working and forming, or a workshop containing forge hearths and related equipment. From earliest times, smiths (see smithing) heated iron in forges and formed it by hammering on an anvil. sales and marketing initiatives with local IT manufacturers such as Legend Computer, Langchao Group, Great Wall, Founder, and also establish a stronger relationship with the second-tier resellers in China. "Establishing a Beijing office is a necessary step for Adaptec to be closer to the Chinese market," Lee added. "We are now fully equipped to offer world-class storage business solutions to support the high-growth IT industry in China." Adaptec distributors in China include Laser Computer Ltd., Trans-Europe Computer, Cyberlink Systems Ltd. and Kebang Electronics Ltd. About Adaptec Adaptec (Nasdaq:ADPT), is the global leader in innovative storage solutions. Adaptec's hardware and software solutions for business and Internet applications move, manage, and protect critical data and digital content. Adaptec's direct-attached storage Direct-attached storage (DAS) refers to a digital storage system directly attached to a server or workstation, without a storage network in between. It is a retronym, mainly used to differentiate non-networked storage from SAN and NAS. , network storage solutions and desktop software solutions for digital content are found in high-performance networks, servers, workstations and desktops from the world's leading manufacturers, and are sold through distribution channels to ISPs, enterprises, medium and small businesses and consumers. Adaptec is an S&P 500 and a NASDAQ 100 member. More information is available at www.adaptec.com. |
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