VERITAS Announces 2005 VISIONARY Award Recipients.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- VERITAS Software Veritas Software Corp. was an international software company that was founded in 1983 as Tolerant Systems, renamed Veritas Software Corp. in 1989, and merged with Symantec in 2005. It was headquartered in Mountain View, California. Corporation (Nasdaq:VRTS VRTS Veritas Software (stock symbol) VRTS Verification Requirements Tracking System ): --Banco Santander International, Carnival Cruise Lines This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. , Children's Healthcare of Atlanta, Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. Group, Farmers and Merchants Bank, Hyundai Department Store Hyundai Department Store, together with Lotte Department Store and Shinsegae, is one of the three major department store chains in South Korea. It has 14 locations and more than $340 million in annual sales. Its parent company is the Hyundai Department Store Group. , Mauritius Commercial Bank Mauritius Commercial Bank (MCB) is the oldest and largest banking institution of Mauritius. It is also the oldest banking institution south of the Sahara and one of the oldest banks of the Commonwealth to have preserved its original name. , NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform Communications, SMART Communications Smart Communications, Inc. commonly known as "SMART", is the wholly-owned mobile phone subsidiary of PLDT. With over 25 million subscribers on its GSM network as of end-February 2007, equivalent to approximately 58 percent market share. , Inc. and Somerfield Stores receive 2005 VISIONARY Awards VERITAS Software Corporation (Nasdaq:VRTS) today announced the 2005 VISIONARY Awards, recognizing IT leaders from around the world for their vision and innovation in the use of VERITAS products. Selected by a committee of executives and technologists, the 2005 VISIONARY award winners represent a range of industries, global markets and geographic locations. The 2005 VISIONARY award winners include Banco Santander International, Carnival Cruise Lines, Children's Healthcare of Atlanta, Credit Suisse Group, Farmers and Merchants Bank, Hyundai Department Store, Mauritius Commercial Bank, NTT Communications, SMART Communications, Inc. and Somerfield Stores. Award recipients were chosen based on their innovative use of VERITAS software to achieve quantifiable business results. Carnival Cruise Lines: VISIONARY Customer Impact Doug Eney, vice president of information systems engineering at Carnival Cruise Lines, is recognized for his innovation in using technology to improve Carnival's online customer service. When it came time to design and implement a web site focused on enhancing the online guest and travel agent experience, Carnival's IS team implemented VERITAS i3(TM) application management software to help ensure the site would meet expected performance requirements in a cost-effective manner. As a result, Carnival has reduced web page response times to less than one and a half seconds, ensuring an optimal experience for its online guests and travel agents. Children's Healthcare of Atlanta: VISIONARY Cost Avoidance Cost avoidance is a management accounting term referring to an expense one has avoided incurring. It is commonly used in the field of energy management to describe the energy costs you avoided due to energy management initiatives. Impact Jack Storey, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of the not-for-profit Children's Healthcare of Atlanta, is recognized for using technology to deliver better patient care, while drastically reducing costly hardware expenditures. Storey implemented VERITAS software to create a disaster recovery solution that would leverage the hospital's existing storage hardware investment for a secondary data center site. As a result, Children's Healthcare of Atlanta immediately saved $2 million in hardware costs and expects to save $4 million over four years. More importantly, the disaster recovery solution is helping the hospital ensure that its clinical systems are available 24/7, helping them deliver better patient care. Banco Santander VISIONARY Business Continuity Impact Agustin Abalo, senior vice president and CIO at Banco Santander, is recognized for his leadership in using technology to protect critical customer information. Thanks to the business continuity plan developed by Agustin, Banco Santander's U.S. operation in Miami was able to weather the storms that affected southern Florida in 2004, with no impact to its business-critical systems or customer service. Agustin and his team developed the business continuity solution using VERITAS Volume Replicator See port replicator. replicator - Any construct that acts to produce copies of itself; this could be a living organism, an idea (see meme), a program (see quine, worm, wabbit, fork bomb, and virus), a pattern in a cellular automaton (see life), or (speculatively) a robot or (TM) and Peribit PeriSphere technology to automatically replicate critical data between Banco Santander's sites in Miami and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , ensuring consistent data protection and high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue. in the face of a potential disaster. Even though they took systems in Miami offline three times during the hurricanes, Banco Santander experienced no interruption to business activity or access to customer data. And because the solution leverages their existing hardware investments, the solution has also helped Banco Santander save more than $100,000 annually. Farmers and Merchants Bank: VISIONARY Employee Impact Robert Graham Robert Graham is the name of several persons:
Hyundai Department Store: VISIONARY Sales Operations Impact Jong-Soon Kim, CIO of Hyundai Department Store, is recognized for his outstanding efforts in using technology to improve business performance and staff productivity. Korean retailer Hyundai Department Store prides itself on a history of innovative technology thought leadership. When it came time to deploy a next-generation sales support system, Kim proactively pinpointed the need to concurrently integrate an application performance management solution. Using VERITAS i3 software, Hyundai was able to roll out its sales support system one month ahead of schedule. Ongoing benefits include a 40 percent improvement in system performance, driving a 20 percent improvement in staff productivity. The new sales support system is also able to support more than a 30 percent increase in transactions since 2001. "VERITAS employees worldwide are constantly inspired by the innovative ways that customers use our products to align their IT operations with their business requirements -- a key milestone on their way to utility computing," said Gary Bloom, chairman, 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. , VERITAS Software. "The 2005 VISIONARY Award recipients have used VERITAS technology to drive true business results and we celebrate their innovation and success." For the full list of 2005 VISIONARY award winners and more information on the program, please visit: http://www.veritas.com/visionary. About VERITAS Software VERITAS Software, one of the 10 largest software companies in the world, is a leading provider of software and services to enable utility computing. In a utility computing model, IT resources are aligned with business needs, and business applications are delivered with optimal performance and availability on top of shared computing infrastructure, minimizing hardware and labor costs. With 2004 revenue of $2.04 billion, VERITAS delivers products and services for data protection, storage & server management, high availability and application performance management that are used by 99 percent of the Fortune 500. More information about VERITAS Software can be found at www.veritas.com. This press release may include estimates and forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties, including the risk that we will not gain market acceptance of our products and services, the risk that we will not be able to maintain the quality of our end-user customer and partnering relationships and the risk that we will not manage our business effectively, that could cause the actual results we achieve to differ materially from such forward-looking statements. For more information regarding potential risks, see the "Factors That May Affect Future Results" section of our most recent annual and quarterly report on file with the SEC. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date hereof. Copyright (C) 2005 VERITAS Software Corporation. All rights reserved. VERITAS, the VERITAS Logo, Backup Exec, i3, and Replication Exec are trademarks or registered trademarks of VERITAS Software Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners. |
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