SAND Technology and TG-Energy Extend Reseller Relationship with Multi-Year, Multi-Million Dollar Contract
Montreal, Canada – October 13, 2009, SAND Technology Inc. (OTCBB: SNDTF.OB), an international provider of intelligent information management software and best practices, announced today that South Korean communications and IT services company TG-Energy, Inc (formerly known as Freesat) has signed a multi-million dollar, multi-year contract extending their agreement to act as the exclusive reseller of SAND products in South Korea. TG-Energy has been a SAND reseller for the past six years and has steadily increased its share of the South Korean financial services market during this time, delivering data management solutions based on the SAND/DNA product suite to customers who need to manage the challenges of unprecedented data growth while supporting powerful data analysis capabilities. This commitment to expanding collaboration demonstrates the strength and success of the relationship between the two companies, and will enable TG-Energy to remain competitive in their market.
“I am very proud to have a partner like TG-Energy representing SAND in this region”, said Linda Arens, Vice President, Worldwide Marketing for SAND Technology. “TG-Energy’s extensive expertise in SAND’s products, and the high quality of the solutions and services they deliver has earned them the respect of their customers.”
TG-Energy provides their customers with solutions for Information Lifecycle Management, weblog management and mining, archiving, enterprise data warehouse and internet banking, all of which incorporate SAND/DNA data management technology. SAND/DNA enables enterprise customers in all industries to cost-effectively retain massive amounts of compressed data in a nearline repository for extended periods, in accordance with any applicable business rules and regulatory requirements, and to rapidly retrieve information when needed. A centralized data management solution with unparalleled performance and storage efficiency, the SAND/DNA suite dramatically reduces costs and management complexity while ensuring continuous data availability. Organizations can create data marts on demand to respond to any analytic requirement with all enterprise data — current or historical, detailed or summarized. SAND/DNA’s advanced information management technology compresses data to typically 10 percent of its original size, while giving users the ability to query any attributes of the data without decompressing it first. This next-generation capability is ideal for satisfying enterprise compliance requirements as well as for leveraging valuable information in data warehouses.