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News Release Virage Logic Selects ON Technology
Solution Leading provider of embedded memory Intellectual Property reduces IT costs while providing faster and more efficient support for local, mobile & remote professionals Waltham, MA (May 7, 2002)- ON Technology Corporation (NASDAQ:ONTC), a leading provider of enterprise infrastructure management solutions, announced today that Virage Logic Corporation has selected ON Command CCM® to provide centralized management for PCs and laptops distributed across its offices worldwide. Virage Logic will also be using ON CCM's advanced management solution to automate its enterprise-wide roll-out of Windows-based applications and efficiently deploy ongoing updates for its business-critical customer relationship management (CRM) system. Virage Logic is a leading provider of embedded memory intellectual property (IP) and the fastest growing semiconductor IP company in the United States. "After conducting a comprehensive evaluation, we selected ON Technology over competitive solutions such as Microsoft SMS," said Lee Donnelly, Director of Operations of Virage Logic Corporation. "ON Technology offers the most complete and cost-effective solution for efficiently managing remote software installations from a central location." Donnelly continued, "Some of the features that particularly impressed us were the system's single consistent interface for managing all clients, whether local or remote, as well as its powerful agent technology for performing sophisticated 'silent installations' and unattended configuration of both operating systems and applications. We were also impressed by ON Command CCM's rapid implementation cycle and overall ease-of-use."
By instantaneously pushing operating systems, applications, security patches, and content such as price list information over Virage Logic's existing network infrastructure (from centralized servers), ON Command CCM eliminates the need for technicians to travel to remote locations to install the latest software or rebuild malfunctioning systems. As a result, ON's innovative solution significantly reduces IT costs, maximizes uptime, and provides a powerful management infrastructure for ongoing updates and Help Desk support that greatly enhances end-user productivity and overall customer responsiveness. "Virage Logic, an innovative technology leader in its own field, clearly understands the role that technology can play in providing strategic competitive advantage," said Robert L Doretti, Chairman, President and CEO of ON Technology. "We look forward to providing Virage Logic with world-class software and services that enable the company to successfully accomplish both its short-term and long-term IT objectives." About
Virage Logic About ON Technology Corporation ###
ON Technology, ON Command, and ON Command CCM are registered trademarks, and the ON logo and ON iCommand are trademarks of ON Technology Corporation. Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corporation in the United States and other countries. All other brand names and trademarks are properties of their respective owners. The statements in this press release that relate to ON Technology’s future plans, events and performance are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties. Some of the important factors that could cause actual results to differ materially from those indicated by the forward-looking statements are general economic conditions, including the current weakness in the global economy, demand for the Company’s products and services, performance of the Company’s direct and indirect distribution channels, competitive pressures, market acceptance of the Company’s new products and technologies, and the risk factors detailed from time to time in ON Technology’s periodic reports filed with the Securities and Exchange Commission, including without limitation the Company’s Quarterly Report on Form 10-Q for the third quarter of 2003 filed in November 2003. Actual results and performance may differ materially due to these and other factors. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. ON Technology undertakes no obligation to release publicly any updates or revisions to any forward-looking statements contained in this press release that may reflect events or circumstances occurring after the date of this press release.
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