CLOUD

Effective July, 2004, transtec will become the sole European distributor for the entire RAID and controllers line of the Taiwanese producer Accusys, Inc. Sales will be carried out through transtec's Triple Stor GmbH subsidiary in Tübingen, Germany. In addition, Accusys RAID controllers will be used in storage solutions offered by transtec's British partner Lapistor Ltd. Accusys is an important manufacturer of RAID controllers and is noted for its innovative solutions. Studies have projected an annual growth rate of 60-percent for this market. "Our co-operation with Accusys will allow transtec to perfectly position in the growth market storage. It is a big step forward for our strategic business area and we will strengthen our cooperation with resellers and OEM partners," said Dieter Weißhaar, the CEO of transtec." transtec acquired the German storage specialist Triple Stor in April of 2004, which in the meantime has taken over the sales of transtec storage systems to system houses and resellers. This was followed at the end of May with a 44-percent participation in the British firm Lapistor, a step that led to a significant strengthening of transtec's research and development capabilities and also helped boost production capacity for storage products intended for the OEM market. transtec is currently among the ten largest European storage manufacturers. According to Brian Pan, International Sales Director of Accusys, "We intend to further expand our presence in Europe, and transtec, with its high degree of expertise in the storage area and its considerable sales reach throughout Europe is the ideal partner." Information on the products and the cooperation can be found at www.accusys-europe.com or www.triplestor.com.