AdventNet Inc. Spearheads Expansion Strategy into Japan by Establishing AdventNet KK.Business Editors PLEASANTON, Calif.--(BUSINESS WIRE)--Feb. 11, 2002 AdventNet, Inc., the leading management infrastructure solutions provider announced the establishment of AdventNet KK, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. in Japan. AdventNet's decision to establish the subsidiary is driven by the need to address the distinctive requirements of its customers and success of its operations in Japan since June 2001. With this initiative, AdventNet reiterates its commitment to provide world-class products and customer support with highly trained engineers and business managers who excel in localized technology standards and business protocols. Yoshihito Yamashita heads the Japanese subsidiary as President. Yoshihito's responsibilities include leading the sales initiatives, expanding product visibility, building channel partners, and organizing sales to meet the growing business in Japan. "Yoshihito is an industry veteran in network management and communication software and has a proven track record with highly successful organizations," said Kumar Padmini, VP of Worldwide Marketing and Sales at AdventNet. "He will be a valuable asset for us and we welcome him to our management team." Mr. Yamashita has 22 years of experience in the network management industry having previously worked for Japan Unisys (formerly Univac) and then for NKK NKK Nippon Kaiji Kyokai NKK Norwegian Kennel Klub NKK Nordisk Kemiteknolog Konferens (conference for engineering students from Norway, Denmark, Sweden and Finland) NKK Navta Kriejtiv Kru , where he worked on a joint project with NetLabs in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Prior to joining AdventNet, he helped establish NK-EXA, the network management subsidiary of NKK into a prominent player in Japan. He also worked for ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. and ITU (International Telecommunication Union, Geneva, Switzerland, www.itu.ch) A telecommunications standards body that is under the auspices of the United Nations. Comprising more than 185 member countries, the ITU sets standards for global telecom networks. in network and transport layers and network management. "As the corporate market continues to grow in Japan, there will be an increasing demand for solutions for managing and monitoring IT infrastructures. AdventNet is well positioned to provide these solutions, which increase productivity and time to market with world class customer support," said Yoshihito Yamashita, President of AdventNet KK. "I look forward to the challenge of leading AdventNet KK in the Asia Pacific market." For Information: japan-info@adventnet.com Home page: www.adventnet.co.jp About AdventNet AdventNet, the Management Infrastructure Company, is a successful software vendor offering two major lines of management software for the telecom and IT sectors. In the telecom sector (comprising networking/telecom equipment vendors, service providers and MSPs), it offers massively scalable, carrier-grade management application server software for provisioning and management of networking infrastructure and applications. In the IT sector (comprising enterprises, EAI (Enterprise Application Integration) Refers to various techniques used to share data and business processes in large enterprises. When companies acquire another organization, disparate information systems have to be made to work together. middleware, J2EE application A J2EE application or an enterprise application is any deployable unit of J2EE functionality. This can be a single J2EE module or a group of modules packaged into an EAR file along with a J2EE application deployment descriptor. server and other software vendors), it offers a suite of productivity-enhancing software for end-to-end testing, instrumentation and management of applications. As a result of being highly customer focused, AdventNet has a worldwide customer base of leading equipment vendors, enterprises, service providers, application vendors, and systems integrators. AdventNet products provide ease of use, reliability, and extensive customizability powering solutions in many market segments that include applications management, optical networking Communications between computers, telephones and other electronic devices using light. An optical network is far more reliable and has far greater potential transmission capacity than networking in the electrical domain. See optical fiber. , broadband access See broadband and wireless broadband. , storage management, web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. , and managed services. AdventNet enables superior solutions with rapid time to market advantages. AdventNet is headquartered in Pleasanton, California with offices in New Jersey, Massachusetts, Georgia, Canada, India, United Kingdom, France and Japan. It also has well trained partners around the globe. It has about 400 employees and more than 600 customers worldwide. For more information call (925) 924-9500 or visit www.adventnet.com. |
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