CoreFuzion Changes Name to Netvein; New Name Better Reflects Company's Mission to Be at the `Heart' of Its Customers' Internet Infrastructure.Business Editors/Technology Writers SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--May 8, 2001 CoreFuzion, a leading global managed service provider (MSP (1) (Management Service Provider or Managed Service Provider) An organization that manages a customer's computer systems and networks which are either located on the customer's premises or at a third-party datacenter. ), today introduced a company name change and new corporate identity to better reflect the company's vision. The new name -- Netvein -- comes from the Latin word for net, "nectere," which means, "to tie, bind, or connect," while vein comes from the Latin word "vena vena /ve·na/ (ve´nah) pl. ve´nae [L.] vein. v. ca´va infe´rior inferior vena cava: the venous trunk for the lower extremities and the pelvic and abdominal viscera; it begins at the ," which means, "the innermost or vital part." "Our new name, Netvein, gives us a competitive advantage because it truly describes what we do -- we're at the heart of our customers' network infrastructure, pumping data through the network, just as blood flows through the veins," said Eric Allen
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Netvein, Inc. "Working with Netvein, customers can feel reassured that our team understands how vital an Internet presence is to their business strategy. We design, develop and manage all the systems, allowing customers to focus on what they do best." The name Netvein takes effect immediately and defines the company's commitment to set the global standard for complex managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality , providing total solutions which are customized based on each client's needs. With Netvein's customer-centric and flexible approach, clients receive a solution developed specifically for them, instead of a "canned" solution. Netvein customers can focus resources on their core business objectives, while minimizing operating and management costs. Netvein is a spin-off of Itochu Technology, Inc., a subsidiary of one of Japan's largest trading companies, ITOCHU Corporation which has revenues of over $115 billion USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. . "Because of Netvein's association with ITOCHU, the international deal flow and business opportunities are tremendous," said Allen. Netvein offers a complete package of services for e-businesses including: consultation, server monitoring, operations, trouble-shooting, and performance analysis. For more information, visit the company's web site at www.netvein.com. About Netvein Netvein is a leading global Managed Service Provider (MSP), providing a suite of operating infrastructure and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for e-businesses. Initially founded in June 1996 as an Internet division of ITOCHU Technology, Netvein officially spun off as an independent company in September 2000. Netvein sets the global standard for complex managed services, providing total solutions which are customized based on each client's needs. To keep e-businesses thriving, Netvein offers a complete package of services including: consultation, server monitoring, operations, trouble-shooting, and performance analysis. Netvein is headquartered in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. , with additional locations in the U.S., Japan, Singapore and London, as well as a vast network of strategic partnerships forged with industry-leading organizations around the world. For more information about Netvein's solutions, please contact us today or visit www.netvein.com. Note to Editors: Any trademarks contained herein are the property of their respective owners. |
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