Iomega Announces Managed Services Marketing Agreement With C I Host, Fifth Largest Web Hosting Company in the World
16 August 2006 - 9:30PM
PR Newswire (US)
Iomega Also Closes the Acquisition of Managed Services Provider
CSCI, Inc. SAN DIEGO, Aug. 16 /PRNewswire-FirstCall/ -- Iomega
Corporation (NYSE:IOM), a global leader in data protection, today
announced a strategic partnership with C I Host, the fifth largest
Web-hosting company in the world, to market Iomega's new managed
services products. Iomega also announced that it has finalized its
acquisition of CSCI, Inc., a San Diego-based managed services and
outsourced IT company. With the closing of the acquisition of CSCI,
the 2006 winner of the Juniper Networks, Inc. "Managed Services
Provider of the Year" award, Iomega will begin selling its first
managed services to SMBs in September: Iomega OfficeScreen(R)
services, a suite of managed security services that provide small
to medium-sized businesses with secure wide-area networks that
efficiently and economically link offices and remote workers. With
the partnership announced today, C I Host will begin marketing
Iomega OfficeScreen managed services in September. C I Host
provides more than 300,000 consumers and small and medium-sized
businesses in 190 countries with managed web hosting, single and
multiple server colocation and enterprise dedicated servers. C I
Host has one of the most extensive portfolios of data center
colocation and managed Web hosting services in the industry. "With
the launch of Iomega OfficeScreen managed services and the
strategic partnership with C I Host, Iomega's goal is to establish
ourselves as a leader in the managed services market," said
Jonathan Huberman, Chief Executive Officer, Iomega Corporation.
"Today, more than ever, SMBs need simple, secure, easy-to-use
networks from a company they trust. We intend to capitalize on the
growing managed services market by bringing Iomega OfficeScreen
managed services products to small businesses worldwide via our
existing channels -- VARs, systems integrators, direct and indirect
sales and retail operations -- and through new mutually beneficial
relationships like the strategic partnership we announced today
with C I Host. We are excited about this agreement and look forward
to bringing our managed service solutions to market with C I Host."
Christopher Faulkner, CEO, C I Host, said, "Iomega OfficeScreen
managed security services will be a synergistic service from C I
Host that meets the security needs of small and medium-sized
businesses around the world. At C I Host, we believe in providing
SMBs and others with economical network solutions that give them
the peace of mind that they have the best in web hosting, server
and colocation solutions. Iomega OfficeScreen managed security
services fit perfectly with our product portfolio." Currently
hundreds of small and medium-sized businesses in the U.S. utilize
OfficeScreen as a secure, reliable outsourced network security and
VPN service that is inexpensive, does not require upfront hardware
expenses, dedicated IT resources or large IT budgets.
OfficeScreen's firewall/VPN, Secure Socket Layer (SSL) (launching
in September) and IPSec (IP security) bundles create secure wide
area networks that connect remote offices and workers to
applications and data at a company's headquarters, while countering
security threats from hackers, worms and viruses across a company's
entire network. Iomega expects to grow the existing OfficeScreen
business in the U.S. by selling its branded managed services
through several different channels, including telecommunications
providers, hosting companies, VARs and Systems Integrators, direct
and indirect sales organizations and retail operations. By
utilizing its strong European sales infrastructure, Iomega also
plans to launch its new managed services in international markets,
beginning with the United Kingdom before the end of 2006. "Iomega
OfficeScreen is just the beginning of new service solutions for
SMBs from Iomega," said Huberman. "OfficeScreen will be the basis
of a new growth platform for Iomega. The market for managed
services for SMBs is starting to take off, and Iomega is positioned
to grow with the market." According to independent market analysis,
the global market for managed security services is expected to be
$2.9 billion in 2006, growing to $3.7 billion in 2008. About C I
Host C I Host ( http://www.cihost.com/ ), based in the Dallas/Fort
Worth market, is a Web hosting and Internet solutions provider,
domain name registrar (DNR) and application service provider (ASP)
hosting 330,000 domains in 190 countries worldwide. C I Host
creates business-class Web hosting solutions for the small- and
medium-enterprise (SME) market, with the broadest portfolio of
managed hosting and value-added services in the industry. C I Host
is accredited by ICANN to register domain names. C I Host offers
turn-key services ranging from initial domain name registration to
custom dedicated servers for e-commerce on today's Web. The company
offers innovative packages and services to the Internet community.
C I Host operates three diverse data centers across the United
States, with its main facility and Network Operations Center in
Bedford, Texas. C I Host also has offices in Los Angeles, Chicago
and London. C I Host has been ranked #1 in speed by the Adoloma Web
Hosting Guide. C I Host has been consistently ranked among the Top
5 Web hosting companies out of 16,000 around the globe by c|net's
Ultimate Web Host List, HostPulse, WebHostsOnline.com and
HostChart.com. C I Host was named among the Top 25 Web hosting
companies by HostIndex.com. About Iomega Iomega Corporation
provides easy-to-use, high value storage solutions to help people
protect, secure, capture and share their valuable digital
information. Iomega's award-winning storage products include the
Iomega(R) REV(R) 35GB drive and REV 70 GB drive, each available in
several computer interface models, as well as two automation
solutions currently using REV 35 drives and disks: the rack mount
REV 1000 Autoloader and the new desktop form factor REV Loader 280;
Zip(R) 100MB, 250MB and 750MB drives; high-performance Iomega
external hard drives and HDD solutions such as the Iomega
StorCenter(TM) Network Hard Drive, available in multiple capacity
sizes, including a new 1TB wireless model; Iomega Mini USB Flash
drives, Micro Mini(TM) USB Flash drives; Iomega external CD-RW
drives; Iomega Super DVD drives; and Iomega floppy USB-powered
drives. Iomega simplifies data protection and sharing at home and
in the workplace with Iomega Automatic Backup software and
HotBurn(R) CD-recording software. For networks, Iomega NAS servers
offer capacities of 160GB to 1.6TB. For unlimited capacity and
anytime, anywhere access, Iomega offers iStorage(TM) secure online
storage for personal and professional use. Iomega also offers
businesses and consumers a comprehensive data recovery services
solution for recovering lost data due to hardware failure, file
corruption or media damage. The Company can be reached at
1-888-4-IOMEGA (888-446-6342), or on the Web at
http://www.iomega.com/. NOTE: The statements contained in this
release regarding Iomega's entry into the managed services market;
plans to launch OfficeScreen SSL services in September; growth in
managed security services or estimated future size of that market;
Iomega's goals to grow the OfficeScreen business and launch
additional types of managed services; all expectations or plans for
CSCI or Iomega or for these two companies subsequent to the merger;
expansion of managed services into international markets including
the United Kingdom before the end of 2006; growth through selling
branded managed services through several different channels,
including telecommunications providers, hosting companies, VARs and
Systems Integrators, direct and indirect sales organizations and
retail operations; synergies with C I Host to meet the security
needs of small and medium-sized businesses; all expectations and
descriptions of plans or future possibilities involving C I Host;
and all other statements that are not purely historical, are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. All such forward-looking
statements are based upon information available to Iomega as of the
date hereof, and Iomega disclaims any intention or obligation to
update any such forward-looking statements. Actual results could
differ materially from current expectations. Factors that could
cause or contribute to such differences include, but are not
limited to, closing the acquisition; successful integration of CSCI
into Iomega; retaining and recruiting key personnel; the risks and
uncertainties of entering a new market; competition from other
larger service providers; technical difficulties with any product
or service; risks surrounding the development of a worldwide
channel to sell services; intellectual property rights; market
adoption of managed services; unfavorable IT spending trends; and
other risks and uncertainties identified in the reports filed from
time to time by Iomega with the U.S. Securities and Exchange
Commission, including Iomega's Annual Report on Form 10-K for the
year ended December 31, 2005, and its most recent Quarterly Report
on Form 10-Q. Copyright(C) 2006 Iomega Corporation. All rights
reserved. Iomega, Zip, REV, Active Disk, Micro Mini, iStorage,
HotBurn and StorCenter are either registered trademarks or
trademarks of Iomega Corporation in the United States and/or other
countries. OfficeScreen(R) is a trademark of Iomega. All other
trademarks, trade names, service marks, and logos referenced herein
belong to their respective companies. Media please contact: Chris
Romoser, Iomega Corporation, (858) 314-7148 Analyst/Investors,
please contact: Preston Romm, Iomega Corporation, (858) 314-7188
DATASOURCE: Iomega Corporation CONTACT: Media, Chris Romoser,
+1-858-314-7148, , or Analysts/Investors, Preston Romm,
+1-858-314-7188, both of Iomega Corporation Web site:
http://www.iomega.com/
Copyright
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