Wednesday, December 23, 1998
Ontrack purchases “do-it-yourself” data recovery software; plans expanded internet distributionONTRACK Data International, Inc. (Nasdaq: ONDI), the world leader in data recovery services, today announced it has acquired the assets related to the Tiramisu data recovery software product line, which includes separate products for all file systems associated with DOS/Windows, Windows 95/98, Windows NT and Novell. The agreement between Ontrack and the German company Plug'n Play Computerberatung GbR, transfers all rights to the software in exchange for 3.5 million German Marks (Approximately US$ 2 million).
Tiramisu is currently sold primarily over the Internet. Over the next few months, Ontrack will expand promotion of the software and integrate the product line into its wide array of data recovery solutions.
“The purchase of Tiramisu is a key step in our goal to supply Ontrack data recovery solutions to the widest possible range of customers,” according to Mike Rogers, CEO of Ontrack. “The Tiramisu ‘do-it-yourself' data recovery software will be sold as a solution for those who have lost data that is relatively easy to recover and do not require the expertise of a data recovery engineer. Tiramisu provides risk-free reconstruction of data in many cases where the recovery requires rebuilding system software to access the data.”
Ontrack (NASDAQ: ONDI), the world leader in data recovery, specializes in services and software that help computer users access and recover their valuable data. Using hundreds of proprietary tools and techniques, Ontrack is able to recover lost or corrupted data from all operating systems and types of storage devices. The recently developed RDR™ service makes Remote Data Recovery™ possible in many cases, allowing Ontrack engineers to recover lost data via modem anywhere in the world. Ontrack can be reached through its web site at www.ontrack.com or by calling 800-872-2599 (612-937-5161). In addition to its Minneapolis headquarters, Ontrack operates data recovery centers in Los Angeles, San Jose, Washington, D.C., New York, Tokyo, London, Paris and Stuttgart.
Ben Blomberg, 952-516-3617, Ben.Blomberg@krolldiscovery.com