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Wed Apr 12, 2006

 
Waltham, MA – AmeriVault Corp. (www.amerivault.com), a leading provider of data protection services, today announced that key company executives have just returned from a tour of China where they are mentoring and helping with the development of a start-up company, We Tie Technology. The Chinese based company is focused on bringing backup and disaster recovery managed services to Chinese businesses, to help them save money and provide a more efficient means of protection from routine and extraordinary disasters.

“Backup technology in the Chinese market is 10 – 12 years behind the United States,” said Bud Stoddard, President & CEO of AmeriVault. “Despite the need for such a solution in an area where technological sophistication and ability is tremendous and the cooperative spirit between government and business, most Chinese companies are still using expensive tape backup that stays on-site. We Tie is facing the same challenges we did when we started eight years ago, so we are happy to collaborate with them and share the expertise we have gained over the years.”

While in China, Stoddard spoke at a press conference launch of We Tie, which was attended by hundreds of journalists. In addition, he spoke at a symposium of business and technology professionals interested in replacing tape backup with online backup as well as traveled throughout China, meeting one-on-one with business executives.

Said Stoddard, “Everyone we spoke to recognized the need to send data off-site and was incredibly receptive of the solution. We look forward to continuing to develop our relationship with We Tie.”

One of the fastest growing private companies in the Boston area, AmeriVault is a proven leader in disk-to-disk data protection and recovery services. Solutions include online data backup, email archiving and data replication that deliver total automation, maximum security and regulatory compliance.

About AmeriVault
As a pioneer of managed online data backup and archiving for business, AmeriVault has years of experience helping companies assure their data integrity and recoverability. As a premier leader of managed online backup and recovery solutions for business data, AmeriVault has clients in 36 states and 12 countries. AmeriVault delivers high-performance services through best-of-breed software & service partners including XOsoft, AXS-One and Agility Recovery Solutions. Headquartered in Waltham, MA, AmeriVault has 5 offices and 5 data vault centers. For more information visit www.amerivault.com or call (800) 774-0235.

AmeriVault Press Contact: Carol Arnold, Phone: (877) 718-4604 x2, Email: carnold@amerivault.com

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