Trend Orix & NEC Form Strategic Relationship to Deliver Application Performance Analysis Software to North American Market.DALLAS & TOKYO -- Trend Orix Corporation ("Trend Orix") and 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. Corporation ("NEC") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : NIPNY) today announced the start of a strategic relationship enabling Trend Orix to incorporate NEC's state-of-the-art application performance analysis software technology, Mevalet, into its application performance solutions. The agreement empowers Trend Orix to tightly integrate NEC's Mevalet technology and provide marketing, sales, services, and technical support in the local market. "This strategic partnership with Trend Orix allows us to accelerate the spread of our innovative Mevalet technology in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. market and provides us with a strong foothold foot·hold n. 1. A place providing support for the foot in climbing or standing. 2. A firm or secure position that provides a base for further advancement. foothold Noun 1. locally," said Nik Kishinoue, General Manager, Software Development Environment Engineering Division, NEC Corporation. "For over a decade, we have focused on the research and development of the most advanced application performance trace and analysis solutions in the market, and are confident that Mevalet will become a market-leader in this arena." "We designed NEC's IP licensing strategy to provide entrepreneurs with early access to our innovations and expertise. The Trend Orix team's strong background in application performance is a natural fit for our Mevalet technology. We are very excited by the prospects for Mevalet in the US and look forward to working with Trend Orix," said Donald Clark, Director of IPR IPR Intellectual Property Rights IPR Inprocess/Inprogress Review IPR Industrial Property Rights IPR Institute for Policy Research (Northwestern University and University of Cincinnati) IPR Institute of Public Relations Commercialization Group, NEC Corporation of America. The technology solutions created as a result of the alliance will provide added benefits to customers such as acceleration of problem resolution by ability to identify and pinpoint application components causing slow-downs in business transactions, as well as visibility into transaction flow across the infrastructure. "Mevalet is a proven technology and has demonstrated its value for NEC as well as many of the NEC customers in Japan," said Bruce Huang, 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. of Trend Orix. "This new relationship is welcomed by customers because it delivers ease-of-use innovations in application performance analysis with instant customer value." About Trend Orix Trend Orix focuses on helping its customers quickly discover, view, and analyze the application characteristics, business transaction behaviors, and performance hot spots hot spots acute moist dermatitis. of their multi-tier application See multitier application. environment. Trend Orix is based in Dallas. For further information, please visit Trend Orix's corporate website at www.trendorix.com. About NEC Corporation NEC Corporation (NASDAQ: NIPNY) is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. needs of its diverse and global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 150,000 people worldwide. For additional information, please visit the NEC home page at: http://www.nec.com Newsroom: http://www.nec.co.jp/press/en/ |
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