For Immediate Release
EMBARCADERO TECHNOLOGIES SIGNS DISTRIBUTION DEAL
WITH KOREA'S LEADING ENTERPRISE SOLUTIONS PROVIDER
San Francisco, Calif. - December 5, 2005 -
Embarcadero
® Technologies, Inc., a leading provider of strategic data management solutions, today announced the appointment of Tricom, Inc., a South Korean provider of enterprise application solutions, as the exclusive distributor of Embarcadero's products in the South Korean market. The relationship represents a significant expansion for Embarcadero into the Asian market and builds on the company's commitment to meeting the strong market demand for its award-winning solutions.
"We reviewed all the major data lifecycle management and data security solutions on the market, and Embarcadero's products were superior in functionality, true cross-platform capabilities and overall quality," said Jung Kim, CEO of Tricom. "Embarcadero also shares our focus on excellent customer service and fulfillment of customer requirements for comprehensive and cost-effective corporate data management and data security solutions."
"Our relationship with Tricom represents a significant step in our plan to strengthen our Asian distribution channels, and to increase our market share in the Korean market," said Rani Urbas, senior director of Embarcadero's Asia Pacific operation. "Tricom has a proven track record, extensive technical expertise and customer relationships needed to effectively introduce our products into this market and provide professional services and support to our customers."
About Tricom Inc.
Tricom Inc. is a leading provider of enterprise application solutions that help companies improve the value of their corporate IT assets. More than 3,000 companies, including 97 percent of the top 1,000 companies in Korea, rely on Tricom to provide solutions that maximize IT productivity.
About Embarcadero Technologies
Embarcadero Technologies, Inc. (Nasdaq: EMBT) is a leading provider of strategic data management solutions that help companies to improve the availability, integrity, accessibility, and security of corporate data. Nearly 12,000 customers, including 97 of the Fortune 100, rely on Embarcadero Technologies solutions to maximize their return on corporate data assets and to meet the challenges of explosive data growth, escalating data security requirements, and complex, multi-platform data environments. Embarcadero Technologies is headquartered in San Francisco, CA. For more information, call 415/834-3131 or visit
www.embarcadero.com.
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Embarcadero, the Embarcadero Technologies logos and all other Embarcadero Technologies product or service names are trademarks of Embarcadero Technologies, Inc. All other trademarks are property of their respective owners.
Forward-Looking Statements
The statements in this press release that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause future results to differ materially from historical results or those expressed or implied by such forward-looking statements. The potential risks and uncertainties that could cause actual growth and results to differ materially include, but are not limited to risks related to the acquisitions of companies or technologies and other risks identified in the Company's periodic filings with the Securities and Exchange Commission including, but not limited to, those appearing under the caption "Factors that may Affect Future Results" in the Company's most recent Quarterly Report on Form 10-Q and the Annual Report on Form 10-K/A. Readers are cautioned not to place undue relevance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated events.
