Comdisco Acquires Recovery Management Inc.
Rosemount, IL— Comdisco announced the acquisition of Recovery Management, Inc. (RMI), a developer and marketer of business continuity software, including the REXSYS business recovery planning tool. This is the latest in numerous investments that Comdisco has made in the business continuity software market. For more information call 1-800-272-9792 or visit Comdisco’s Web site at http://www.comdisco.com.
SunGard Acquires Disaster Recovery Business Systems, Inc.
Wayne, PA— SunGard Recovery Services Inc., the nation’s premier provider of total business recovery solutions, has announced that it has acquired the disaster recovery business of Recovery Business Systems, Inc. (RBSI) of Minnesota. RBSI provided recovery services primarily for the Unysis ClearPath computing platform. As part of the agreement, RBSI’s Unysis hardware assets will be integrated into SunGard’s recovery facility located in St. Paul, MN. For further information, contact the company’s home page at http://recovery.sungard.com.
Lafayette’s Schwab Corp. Celebrates 125 Years of Business
Schwab Corp. is pleased to announce 1997 as their 125th anniversary. Since its beginnings in 1872, Schwab Corp. has taken pride in adapting to the changing needs of Lafayette and the world. For more information regarding Schwab’s 125th anniversary or any of its products, contact Schwab Corp. Customer Service at (800) 428-7678.
Iron Mountain Acguires Arcus
Boston, MA— Iron Mountain Incorporated (NASDAQ:IMTN) announced today that it has entered into a definitive agreement to acquire Arcus Group, Inc. for total consideration of approximately $160 million including $57 million in the form of Iron Mountain’s common stock and options, assuming Arcus vested options are exercised prior to closing. Iron Mountain believes that Arcus, founded 25 years ago, is the largest provider of off-site data protection services in the United States. Arcus’ data protection services consist primarily of off-site storage and rotation of back-up copies of magnetic media.
Data Base Modifies Two Facilities to Accept Electronic Vaulting
Bellevue, WA— Data Base, Inc., one of the nation’s premier off-site data security services, has modified its Seattle and Richmond, VA facilities for electronic vaulting capabilities. Since 1976, Data Base protects against data loss and helps recover critical information in the event of catastrophes including computer system failures, natural disasters, human error, or interference, sabotage and other disasters. Their website is available for further information at http://www.dbi.com.
HDRA Acquires CSCI
Dublin, OH— Harris Disaster Recovery Associates (HDRA) announced that it has acquired Computer Security Consultants, Inc. (CSCI). Founded by Norm Harris, one of the pioneers of the business continuity industry, HDRA has been providing business continuity planning education and consulting services internationally since 1979. CSCI has been an international leader in the business continuity planning software field since 1984. June Jordan, President of CSCI, and all of the CSCI employees will continue to develop and support CSCI’s business continuity products from their Ridgefield, CT location. For further information contact Harris Disaster Recovery Associates at (800) 978-9696; fax :(614) 766-5520; email: hdranlh@aol.com
Ark Research Readies Entry into Client-Server Disaster Tolerance Market with First Multi-Platform Remote Data Mirroring System
San Jose, CA— Ark Research Corp., a two-year-old development company founded by former IBM and Amdahl executives, has announced it will enter the $1.5 billion market for client-server disaster tolerance with a new “continuous data availability system” that mirrors data locally or remotely from any platform or operating system. For more information call (408) 260-5911 or send e-mail to: info@arkes.com.
Subterranean Data Storage Company Announces New Product
Lewiston, ID— Subterrean Data Storage Co. has announced the release of its new product the SDS-V6, a patented underground storage unit with above ground access. The SDS-V6 allows customers to safely, conveniently and securely store documents, data and other valuable business assets underground for easily retrieval. For more information contact Subterranean Data Storage Company: (208) 746-2188; fax: (208) 743-2799; e-mail: sdsco@sdsvaults.com; web: http://www.sdsvaults.com.
First Real Online Challenge to PC Tape Drives
San Diego, CA— @Backup announced a high-capacity, high-security nightly online backup service for PC users. For the first time, PC users can completely protect their PC by automatically storing all their data at a supercomputer center, with bank-level security, for a low monthly fee. Backup provides free software and allows new users to try service free for one month with no obligation. For further information contact @Backup at (619) 455-3500 or visit their website: http://www.atbackup.com.
Patented, Energy-Saving Gas-Turbine Intake Air Cooling Technology to Go Commercial
Kingwood, TX— Baltimore Air Coil (BAC) has licensed their energy-saving, turbine-intake-air cooling technology to Weismantel International (WI), the Texas-based consulting firm specializing in the power, process, and pipeline industries. According to Guy Weismantel, WI President, a typical 50 megawatt natural gas-fired turbine in most parts of the world is operating at capacities of 25% away from the design point. The BAC air cooling technology restores the turbine to its design condition at a cost of $200 per kilowatt or less. Contact Weismantel International at (281) 441-4033.