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Cheyenne Software to expand worldwide headquarters; New facility in Lake Success, N.Y. needed to support global growth.


ROSLYN HEIGHTS Roslyn Heights (rŏz`lĭn), uninc. residential village (1990 pop. 6,405), Nassau co., SE N.Y., on Long Island. William Cullen Bryant lived and is buried in nearby Roslyn., N.Y.--(BUSINESS WIRE)--Feb. 21, 1995--Cheyenne

Cheyenne, indigenous people of North America

Cheyenne (shīăn`, –ĕn`), indigenous people of North America whose language belongs to the Algonquian branch of the Algonquian-Wakashan linguistic stock (see Native American languages). The Cheyenne abandoned their settlements in Minnesota in the 17th cent.
 Software Inc. (AMEX:CYE CYE - Calendar Year End
CYE - Check Your Email
CYE - Close Your Eyes
CYE - Curb Your Enthusiasm (TV show)
), a world leader in the development of network data storage management software products, plans to expand its world headquarters into a second facility located at 2000 Marcus Avenue in Lake Success Lake Success, village (1990 est. pop. 2,500), Nassau co., SE N.Y., on NW Long Island; settled c.1730, inc. 1926. A residential suburb of New York City, Lake Success also has corporate offices and research facilities. It was the temporary home of the United Nations from 1946 to 1950., N.Y.,

The 100,000 square foot facility, coupled with the company's nearby current facility at 3 Expressway Plaza, Roslyn Heights, N.Y., will serve as Cheyenne's corporate headquarters, and will house the over 320 professionals that Cheyenne currently employs on Long Island. The company has over 500 employees worldwide.

The anticipated occupancy date for 2000 Marcus Avenue is July 1995. Both the Roslyn Heights facility and the Lake Success facility will be accessible through the company's main number, 516/484-5110.

Elliot Levine, executive vice president of Finance and CFO for Cheyenne, remarked, "Cheyenne has achieved significant growth over the past several years. We expect to employ more than five hundred employees on Long Island within a few years. The new facility will accommodate Cheyenne's current need for additional space as well as serve the company's growth plans."

Currently, Cheyenne also has offices in the United Kingdom, France, Germany, Japan, Canada and key U.S. locations. In an effort to further strengthen its sales and support structure around the world, the company recently announced the establishment of a sales office in Sydney, Australia. The company also plans to open sales and support offices in Taiwan, Brazil and Mexico later this year.

Cheyenne's global presence is bolstered by over 90 distributors in 38 countries. Products are currently being offered in English, French, German and Japanese versions, with Spanish and Italian products scheduled to ship during the fourth quarter fiscal year 1995. In an effort to more effectively address the end user of its products, Cheyenne is developing multiple sales channels on a global basis to support its multi-computer platform strategy.

Cheyenne Software Inc. is a leading international developer of essential software products for the heterogeneous network (networking) heterogeneous network - A network running multiple network layer protocols such as DECnet, IP, IPX, XNS.. Their enterprise-wide solutions include an array of security, backup, management and communications products, including Monitrix(R), FAXserve(TM), InocuLAN(R), and their flagship product line, the ARCserve(R), family of network backup software products. Cheyenne's products are sold on a world-wide basis
Wide Basis
A condition found in futures markets in which the spot price of underlying commodities is not close to the futures price of the same contract.

Notes:
A wide basis suggests that there is an abundant supply of or lack of demand for the underlying deliverable. This is used by investors in futures contracts as a signal to determine what action they should take in the futures market.
 through an extensive distributor network and strategic OEM relationships. -0-

Product and company names are used herein for identification purposes only and may be trademarks of their respective companies.

CONTACT: Cheyenne Software Inc.

ReiJane Huai Huai or Hwai (both: hwī), river, c.680 mi (1,090 km) long, rising in the Tongbai Mts., Henan prov., E China, and flowing E across Anhui prov., through Hongze Lake, to the East China Sea. The Huai marks the boundary between the N China Plain and the Chang delta. or Elliot Levine, 516/484-5110
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 21, 1995
Words:411
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