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Corporate Profile for OpSource Inc., dated Dec. 13, 2002.


Business Editors

--(BUSINESS WIRE)

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.


Published Date:   Dec. 13, 2002

Company Name:     OpSource Inc.

Address:          5201 Great America Parkway, Suite 120
                  Santa Clara, CA 95054

Main Telephone
 Number:          408/567-2000

Internet Home
 Page Address
  (URL):          www.opsource.net

Chief Executive
 Officer:         Treb Ryan

Chief Financial
 Officer:         Lori Holland

Investor Relations
 Contact:         Lori Holland
 Business number: 408/567-2013
 E-mail address:  lori@opsource.net

Public Relations
 Contact:         Kristin Wahl
 Business number: 408/567-2010
 E-mail address:  kristin@opsource.net

Industry:         IT Infrastructure Services



Company Description: Established in June 2002, OpSource delivers outsourced and on-premises IT infrastructure services directly to Global 2000 companies as well as under private label to telecommunications, hardware, software and other infrastructure providers. Despite a challenging economic environment OpSource reports positive sales momentum and rapid but measured growth.

Founded by a team of veterans from the hosting, networking and storage industries, OpSource provides proven processes, innovative technologies and experienced technicians to ensure reliable, secure and available IT infrastructure operations. Utilizing OpSource solutions, companies are able to offer quality infrastructure services to their customers while minimizing the complexity and costs of deploying, managing and upgrading these products and services.

The company is headquartered in 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. In addition to Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern , the company has operations in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Calif., New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 and Herndon, Va. OpSource employs more than 50 professionals.

First Six Months Business Milestones:

-- Built customer base of 15 companies including Microsoft, LiveCapital and WaldenMedia.

--Acquired Accelica, a privately held 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.  in October 2002.

--Developed technology relationships with best-of-industry IT technology and service companies including Aptegrity, ePeople, Equinix and RedHat Networks.

--Established operations in four major U.S. metropolitan locations: Silicon Valley, Los Angeles, New York City and Herndon, Va.

Business Focus:

OpSource is 100% focused on delivering IT infrastructure services so its customers can confidently enter into long-term relationships without fear that service quality will suffer due to tradeoffs with other lines of business or, worse, be left stranded as company priorities and interests change.

OpSource Offering:

OpSource provides a comprehensive IT application infrastructure service offering. OpSource's premier offering is the SigmaSystem(TM), a complete solution for the assessment, development, management and performance assurance of IT operations infrastructure. Included in the SigmaSystem are a wide variety of products and services: auditing, security, monitoring, storage and backup, capacity planning Determining the required future configuration of hardware and software for a network, datacenter or Web site. There are numerous capacity planning tools on the market used to monitor and analyze the performance of the current hardware and software. , database and system administration, application management, and 24x7 customer care.

The SigmaSystem is available in its entirety for those organizations requiring a turnkey See turnkey system.  solution or as components individually licensed to augment aug·ment  
v. aug·ment·ed, aug·ment·ing, aug·ments

v.tr.
1. To make (something already developed or well under way) greater, as in size, extent, or quantity:
 existing infrastructure. To insure budget predictability, OpSource offers fixed monthly pricing based on the number of devices managed.

OpSource SigmaSystem is designed to work in dedicated hosting Typically refers to a single Web site that is hosted on a stand-alone server. See dedicated server.  facilities as well as in a company's on-premise facility.

Underlying all of OpSource's business processes, products and services is the SPX (Sequenced Packet EXchange) The transport layer protocol in the NetWare operating system. Similar to the TCP layer in TCP/IP, it ensures that the entire message arrives intact. SPX uses NetWare's IPX as its delivery mechanism. . It is a generalized gen·er·al·ized
adj.
1. Involving an entire organ, as when an epileptic seizure involves all parts of the brain.

2. Not specifically adapted to a particular environment or function; not specialized.

3.
 infrastructure platform that is optimized to manage and interface with disparate technologies. SPX was developed on the premise that 60% of all IT operations tasks are repetitive and common amongst various systems and services regardless of technology. For example, the SPX allows OpSource to utilize the same system to monitor Internet site availability as it uses to monitor fiber channel performance. This capability results in significantly reduced costs and increased efficiency. A single data store and common user interface ensure that all company and customer information is secure, yet easily available from SPX. Also, SPX supports all major Web Services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term.  standards making it significantly easier to add new technology and systems as well as facilitating service and back-office infrastructure integration with private label customers. The SPX has been designed with the single goal of optimizing the delivery and management of infrastructure services while minimizing cost thus benefiting OpSource and its customers.

Customer Focus: OpSource services can be used by a wide range of companies from financial institutions, to healthcare to media & entertainment to retail companies to government agencies. The company has a direct sales business as well as private-label offering. The private-label offering is ideal for telcos, hardware vendors, systems integrators and any other technology infrastructure provider.

Management

Treb Ryan, co-founder 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.  

Lori Holland, CFO See Chief Financial Officer.  (interim)

Dan Rasmussen Daniel J. "Dan" Rasmussen is the Iowa State Representative from the 23rd District. He has served in the Iowa House of Representatives since 2002. He received his BS from Iowa State University. , co-founder and VP of Business Development

John Rowell, co-founder and VP of Operations and Engineering

Michael Piacente, co-founder and VP of Sales

Richard Dym, chief marketing officer

In addition to an experienced management team, the company includes a rapidly expanding team of engineers and project managers with extensive experience in the deployment, management and scaling of business enterprise infrastructure and services.

Investors OpSource has received funding from ComVentures and individual angel investors An individual who invests his or her own money in a private company, which is typically a startup. An angel investor is not an employee or member of a bank, venture capital firm or other financial institution that normally makes such investments. .


Contact Us
Mailing Address:
5201 Great America Parkway, Suite 120
Santa Clara, CA 95054

Main Telephone #:        408/567-2000
Main Fax #:              408/982-8902
Customer Care Center #:  800/664-9974
Sales Contact:           sales@opsource.net
Web address:             www.opsource.net

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:Dec 13, 2002
Words:830
Previous Article:Corporate Profile for Agentis Software, dated Dec. 13, 2002.
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