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NASHUA, NH — January 25, 2005 — NTP Software, the worldwide leader in user-focused, policy-based storage management today announced its plan to create a suite of software products intended to give corporate and other users the ability to meet their obligations under recent federal and international regulations including: Sarbanes Oxley (SOX), Gramm Leach Bliley, HIPAA, SEC 17 a-4, etc.
NTP Software will extend its shipping Universal User-based Management™ (UUM™) technology that currently manages storage for millions of users, worldwide to include the features and functions required for compliance. The new products will be delivered to the market in two phases. The first, QFS Compliance Vision™ will be available in Q1 of 2005. The second, QFS Compliance RT™, the real-time report version, will be available in Q3 of 2005.
“The extent and breadth of recent legislation has made compliance a top issue in storage management for almost every organization”, said Bruce Backa, CTO of NTP Software. “Without the right technology, satisfying these laws is impossible, as evidenced by the millions of dollars numerous organizations have already paid to settle various government actions. Our new products will offer customers a unique opportunity to meet their requirements with a minimum of time, cost,and inconvenience.”
For more information, email: sales@ntpsoftware.com with QFS Compliance in the subject line or visit our website at www.ntpsoftware.com.
About NTP Software Founded in 1994, NTP Software is a worldwide leader in user-focused, policy-base storage management. We create platform independent products that enable companies to automatically control the compliance, access, quotas, content and life-span of their user’s stored files. NTP Software solutions also gather the analysis and planning data necessary for both short-and long-term decision making, providing everything necessary to actively control all aspects of a user’s relationship with local and shared storage. NTP Software is based in Nashua, NH, and is privately held. NTP Software is located on the web at http://www.ntpsoftware.com, and can be reached at: (800) 226-2755 or (603) 622-4400, or via e-mail at info@ntpsoftware.com.
Press Contacts:
Laurie Lemire Corporate Communications, NTP Software Email: llemire@ntpsoftware.com Phone: 603-263-2245
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