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Announcing the Formation Of LANDesk Software, Inc.; Positioning LANDesk to Lead the Desktop and Device Management Space.


Business Editors, Technology Writers

SALT LAKE CITY--(BUSINESS WIRE)--Sept. 20, 2002

LANDesk(R) Software, Inc., today announced the completion of its corporate rollout as a fully independent company focused on best-of-breed desktop and device management.

LANDesk Software, Inc., will be headquartered in the Salt Lake City area.

"This move will enable LANDesk to pursue aggressive technology development, including advanced management capabilities, to be announced To be announced (TBA)

A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered.
 as we move forward," said Joe Wang (Wang Laboratories, Inc., Lowell, MA) A computer services and network integration company. Wang was one of the major early contributors to the computing industry from its founder's invention that made core memory possible, to leadership in desktop calculators and word processors. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of LANDesk Software, Inc. "LANDesk Software customers will benefit from a company totally focused on desktop and device management. LANDesk Management Suite is one of the most trusted and reliable desktop management applications, used worldwide by IT and help desk managers to control networked PCs, peripherals and devices."

LANDesk products provide complete solutions for desktop and device management that can significantly reduce costs for enterprise IT and help desk operations. LANDesk Management Suite product features include asset inventory, software distribution, remote control, problem-based alerting, software compliance monitoring, server management and more.

"As an independent company, LANDesk Software is well-positioned for continued success, providing client management solutions to worldwide customers," said John Miner Projects
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, vice president and general manager of Intel Capital. "The company has a great management team and a solid foundation of profitability and award-winning products from which to build."

LANDesk Software, Inc. investors include Vector Capital and vSpring Capital vSpring Capital is an early-stage venture capital firm located in Salt Lake City, Utah. The fund currently manages approximately $200M and investing out of its second fund. . Intel Corporation (company) Intel Corporation - A US microelectronics manufacturer. They produced the Intel 4004, Intel 8080, Intel 8086, Intel 80186, Intel 80286, Intel 80386, Intel 486 and Pentium microprocessor families as well as many other integrated circuits and personal computer networking  will retain a minority interest in the business which will be managed through Intel Capital.

About LANDesk

LANDesk Software, Inc. provides industry-leading desktop and device management software solutions. LANDesk Management Suite is a top-selling integrated desktop management application. The software has been recognized with dozens of awards, including best of category honors from Internet Week, Network World and CRN CRN Computer Reseller News
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CRN Cornish (SIL code, UK) 
. LANDesk customers include top IT organizations around the world that share a common IT focus of reducing the cost of managing distributed desktop and productivity devices throughout their organizations. LANDesk Software, Inc., is a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
. For more information visit http://www.landesksoftware.com

-- Other names and brands may be claimed as the property of

others.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 20, 2002
Words:343
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