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ZeroNines™ Closes on Second Round
FailSafe™ products ready for beta
Castle Rock/Co, November 5, 2002 - The management of ZeroNines™ Technology, Inc. (ZeroNines™) announced today it has closed on its second round of financing. John C. Botdorf, the company's Chairman commented, "Our success in raising our own capital in a difficult environment continues to validate our technology and our business model. We are in discussions with beta trial customers with target goals to launch early next year. We are grateful to our growing shareholder family who’s continued support has been a large part of our success."
Alan Gin, CEO, commented "We are right on schedule for both our FailSafe™ Switch and FailSafe™ Mail product launches. We've been demonstrating our technology solution for several months and interest in both public and private sectors globally is very promising. During recent demonstrations clients are beginning to see ways to solve their own IT challenges."
"A number of IT problems ranging from virtual storage issues to distributed denial of service (DDOS) attacks are now seeing light at the end of the tunnel," says Keith Fukuhara, CTO of ZeroNines™. "With our technology, we can now provide agnostic solutions to companies demanding beyond 99.999% availability."
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About ZeroNines™ Technology, Inc.:
ZeroNines™ was founded in 2000 to develop and deploy proprietary multicasting solutions to empower customers with a new business continuity standard: true 24 x 7 access to valued applications and content. ZeroNines' technology leverages and maximizes customers' current processing and storage infrastructure by operating agnostically across multiple platforms, thereby shifting the paradigm from reactive disaster recovery to proactive business continuity.
ZeroNines™ is a USA-based company with headquarters in Denver, Colorado. The primary target customer base includes Global 2000 companies. It offers enterprise infrastructure assessment, program and project management implementations.
"A World without Downtime™" is the company´s vision. ZeroNines™ solutions will enable business continuity to the masses in an affordable manner allowing our clients to determine the level of availability they require thus ensuring access to critical data without making changes to their existing infrastructure.
For further information, please visit: http://www.zeronines.com
PR contact:
John Botdorf
Chairman of the Board
Tel.: 303-814-8121
Fax: 303-814-1495
john.botdorf@ZeroNines.com