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PowerQuest Announces Expansion into Central & Eastern Europe

Software Company Appoints Independent Representatives to Further International Growth

OREM, Utah (U.S.A.) - August 20, 2001 - PowerQuest® Corporation, a provider of proven solutions for storage management, announces the appointment of Process4E S.A. and Consito k.s. as PowerQuest’s independent representatives in Central & Eastern Europe. This announcement marks the expansion of PowerQuest’s operations into Central & Eastern Europe and demonstrates the company’s continued commitment to the international markets.

“Central & Eastern Europe is emerging as a rapidly growing market in Europe,” said Kelly Devereaux, vice president of global marketing and sales at PowerQuest. “We are excited to work with Process4E S.A. and Consito k.s. as our independent representatives in this region. Both companies bring many years of experience in channel development and product distribution in Central & Eastern Europe to the relationship. They offer experienced and strong outsourced sales teams that will deliver the benefits of PowerQuest technology to customers in these countries.”

Process4E S.A., based in Warsaw, Poland, is PowerQuest’s independent representative in Poland, Latvia, Lithuania & Estonia. The company provides consulting, start-up support, training and project management to foreign high-tech companies entering the Central & Eastern European markets. Process4E is lead by Uli Kottmann, who has more than 15 years of management and consulting experience in the IT industry, including 10 years with Compaq’s European headquarters.

Consito k.s., headquartered in Prague, Czech Republic, will represent PowerQuest in Albania, Croatia, the Czech Republic, Belarus, Bosnia-Herzegovina, Bulgaria, Hungary, Macedonia, Romania, Russia, Serbia, the Slovak Republic, Slovenia, the Ukraine and other Central & Eastern European countries. An international consultancy and sales outsourcing company, Consito has a long track record of expanding the business of international IT companies in the emerging region of Central & Eastern Europe and Russia. The company is lead by Michael Scherrer, who has a professional background in finance, sales and business development at Compaq Computer, US Robotics and 3Com.

About PowerQuest
PowerQuest Corporation is a global provider of automated deployment and recovery solutions for corporations and individual users. Based on the company's Virtual Volume Imaging (V2i) technology and Active State Management (ASM) architecture, PowerQuest products and services simplify the management of storage throughout the technology lifecycle. PowerQuest products are available directly from the company and throughout a network of partners in more than 34 countries. www.powerquest.com


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