January 18, 2005 -- Opengear Inc., a new, quality supplier of console server manager and KVM over IP solutions, announced today that it has received angel funding which will fuel Opengear's rapid expansion of its sales, marketing, customer service and business development efforts.
Opengear, which plans to introduce the first of multiple products this year at the LinuxWorld Conference & Expo on Feb. 14-17, 2005 at the Hynes Convention Center in Boston, MA,
http://www.linuxworldexpo.com/live/12/events/12BOS05A/exposition/exhibitorinfo//QMONYA04N4RA will be situated in booth #122 throughout the event.
At LinuxWorld, Opengear will join the likes of Avocent Corp., Cyclades Corporation, and Digi International to demonstrate its console server management and KVM over IP solutions.
The open source community is developing new software and hardware
technologies for integrated console and KVM management through the "okvm" project at okvm.sourceforge.net/.
Opengear is actively supporting this project and its new products embody the new okvm standards. These solutions are not only a simple, secure and cost-effective way to configure distributed networks of servers and devices, but they also serve to enhance the open source community while eradicating the proprietary stranglehold enforced by digital KVM.
Opengear's management team has an extensive track record of building successful hardware and software solutions in open source environments. Opengear's Chairman and CEO, Bob Waldie brings a history of proven entrepreneurship with open source ventures. Prior to co-founding Opengear, Mr. Waldie served as CEO and Chairman of SnapGear, a leading developer of embedded Linux security appliances, which was acquired by CyberGuard (NASDAQ: CGFW) in 2003.
Joining Mr. Waldie in the day-to-day operations of Opengear is the company's President, Tony Merenda. Mr. Merenda, a 20-year veteran of the computer industry, served as Chief Technology Officer and co-founder of Stallion Technologies. While with Stallion Technologies, Mr. Merenda developed innovative data communications, remote access hardware adapters and network appliances in Linux, Open/FreeBSD and Windows environments.
Tony Merenda and Bob Waldie see a significant opportunity for Opengear. According to IDC, worldwide revenues for the KVM market are estimated to grow to $925 million in 2005, up from approximately $725 million in 2004.
Mr. Waldie commented, "We see a unique and very substantial opportunity for Opengear's console management and KVM solutions. Leveraging our open source software and hardware initiatives, we will extend the market opportunities available to KVM and console managers. Not only do our solutions reduce the legacy complexities often seen in competitive products, but they also offer the highest level of performance at a fraction of the cost."
About Opengear Inc.
Opengear's mission is to be the leader in cost-effective, non-intrusive, distributed remote control solutions by leveraging open source to make remote server control affordable not only by large enterprises but campuses, schools, libraries and other small replicated installations. Using Opengear's remote server control capabilities, a management PC can assume complete hardware control of human interface devices (HID), such as keyboard, mouse, video, and power recycling, on a remote system across a local network or across the Internet.
Headquartered in West Jordan, Utah, Opengear maintains its engineering facilities in Brisbane, Australia. For more information, please call (801) 282-1387 or visit www.opengear.com.
Opengear is a registered tradedmark of Opengear, Inc. All other products, services, companies and publications are trademarks or registered trademarks of their respective owners.
Opengear Enters Console Server Management and KVM over IP Market
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