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Stratus Technologies Expands Operations in Russia and the CIS(July 13, 2012)
LONDON -- (Marketwire) -- 07/13/12 -- Stratus Technologies, Inc. announced today the expansion of its operations in Russia and the Commonwealth of Independent States (CIS). Entering into a trademark license agreement with its existing Moscow-based master reseller STR LLC, Stratus has accredited STR to supply and support its full portfolio of resilient technologies and complementary proactive availability management and monitoring services.
"This is a strategic investment for Stratus. As one of the BRIC economies, Russia is broadly acknowledged as being in a state of advanced economic growth," said Thierry Seror, VP Stratus Technologies EMEA. "Stratus has conducted business in Russia for more than 20 years through a network of partners and distributors, just as it does throughout EMEA. Developing our business by establishing an accredited and focused presence in Moscow demonstrates our increased commitment not only to serving existing customers, but also to new organizations and their end users who depend on systems uptime."
"STR is delighted to have been given the opportunity to further develop its association with Stratus," said Alexey Kondrashov, CEO of STR. "As a result of the agreement, we are looking forward to a sustained period of growth within our existing markets. We are also investing in new resources to complement our specialized team of experts to develop and penetrate new business markets."
About Stratus Technologies
Stratus delivers uptime assurance for the applications its customers depend on most for their success. With its resilient software and hardware technologies, combined with proactive availability management, Stratus products help to save lives and to protect the business and reputations of companies, institutions, and governments the world over. To learn more about worry-free computing, visit www.stratus.com.
© 2012 Stratus Technologies Bermuda Ltd. All rights reserved.
Stratus is a registered trademark of Stratus Technologies Bermuda Ltd. The Stratus Technologies logo is a trademark of Stratus Technologies Bermuda Ltd. All other marks are the property of their respective owners.
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