Inkra Networks and NEC System Integration sign multi-million, multi-year strategic partnership.Business/Technology Editors FREMONT, Calif.--(BUSINESS WIRE)--June 10, 2002 NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. System Integration Becomes a Strategic Technology Partner and Distributor of Inkra Virtual Service Architecture in Japan Inkra Networks, a leader in data center IP service delivery and virtualization An umbrella term for enhancing a computer's ability to do work. Following are the ways virtualization is used. Hardware Virtualization Partitioning the computer's memory into separate and isolated "virtual machines" simulates multiple machines within one physical computer. , announced today that it has signed a multi-million, multi-year strategic technology partner and distribution agreement with NEC System Integration and Construction, Ltd (NESIC), the number one system integration company in Japan (Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. :1973). Under the terms of the agreement, NESIC, the largest family member of NEC (Nasdaq: NIPNY), will become a distributor for Inkra's Virtual Service Architecture (VSA VSA (in New Zealand) Voluntary Service Abroad ) and Virtual Service Switches (VSS See Vcc. ) in Japan. NESIC will provide additional sales, marketing, and support staff in Japan, working in cooperation with Inkra. Inkra's Virtual Service Architecture dramatically reduces the cost and complexity of deploying IP services such as firewall and load balancing in today's IP data centers. The Inkra 1500 and 4000 Virtual Service Switches implement the VSA and integrate the functionality of thousands of single-function IP service appliances into a single system. Utilizing Inkra's patent pending HardWall(TM) resource management technology, the Inkra 1500 and 4000 automatically monitor the bandwidth, processing, and memory resources of each virtualized service topology and deliver the predictable performance of dedicated service appliances at a fraction of the cost. By virtualizing and integrating IP services, the VSA can deliver a factor of ten reduction in daily operational expenses (OPEX See CAPEX. ) and capital expenses (CAPEX). "Inkra's VSA is a powerful system designed to simplify data center operations and deliver dramatic cost reductions in operations," said Mr. Sadao Harada, senior vice president and board member at NESIC. "Inkra's VSA stops the growth of data center complexity and allows operators to react quickly to changing business conditions, provisioning or deprovisioning IP services in minutes rather than weeks. By leveraging NESIC's long standing experience in the Japanese telecom and datacom industries, we can effectively bring Inkra's powerful vision for IP data centers to the Japanese market." "NESIC and NEC are giants in the telecom industry," said Sanjay Dhawan, Inkra's 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. . "NESIC recognizes how data centers are evolving to become the strategic nucleus of today's modern IP networks. Inkra is delivering the products and technologies that allow tomorrow's data center to operate efficiently. This agreement helps Japan's data center operators realize these efficiency gains and consequent ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ." Customers wanting more information about Inkra's VSA or VSS should review Inkra's Web site (www.inkra.com) or contact Inkra Networks at 510-623-4200. About Inkra Networks Inkra Networks is building a new class of data center switch that enables the rapid, non-disruptive, and secure delivery of IP services in enterprise and service provider data centers. Inkra's Virtual Service Architecture (VSA) and Virtual Service Switch (VSS) product family change the economics of IP service delivery by integrating thousands of firewall, VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. , load balancing, SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. , and other advanced IP service instances into scalable hardware platforms with fully automated service definition and management. Inkra's unique, patents-pending HardWall(TM), OpenRack(TM), Virtual Rack Processor(TM) ASIC (Application Specific Integrated Circuit) Pronounced "a-sick." A chip that is custom designed for a specific application rather than a general-purpose chip such as a microprocessor. , and Virtual Rack OS(TM) technologies power the VSA and VSS and deliver the performance and integrity of today's dedicated service appliances at the economics of shared systems. Inkra Networks was recently selected for inclusion in the Red Herring 100, an award recognizing the top 50 public and the top 50 private companies contributing to business innovation. Headquartered in Fremont, CA., Inkra is funded by Battery Ventures, Norwest Venture Partners, Storm Ventures, and Greenstone Venture Partners. Note to Editors: Inkra is a registered trademark of Inkra Networks, Inc. HardWall, OpenRack, Virtual Rack OS, and Virtual Rack Processor are trademarks of Inkra Networks, Inc. |
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