| VERITAS
Software Helps EDS Deliver Guaranteed Response Time
for Business-Critical Applications [30th June
2003]
MOUNTAIN VIEW, Calif., Jun 30, 2003
/PRNewswire-FirstCall via COMTEX/ -- VERITAS Software
Corporation (VRTS) , the leading storage software provider,
today announced an expanded relationship with EDS, the
leading global services company, that enables EDS to
help organizations improve the performance and reliability
of their data center operations. EDS Global Hosting
Services utilizes the newly acquired VERITAS i3(TM)
(formerly Precise i3) application performance management
solutions (see related news release, issued today),
along with VERITAS' high availability software, to help
provide guaranteed end-user response time to hosted
business applications. With these VERITAS technologies
optimizing the efficiency of key business operations
in heterogeneous environments, EDS can improve the return
on investment for customers' IT operations worldwide.
"Through VERITAS i3 and VERITAS'
high availability software products, EDS is able to
offer a unique managed service solution that guarantees
response time and provides increased application speed
for our clients' business-critical applications -- enhancing
service excellence and solidifying our industry-leading
100 percent service level agreement," said Larry
Lozon, vice president of EDS Web and Application Hosting.
"Now that VERITAS has acquired Precise Software,
the combined solution contributes substantial synergy
to our application services. Together, the two offerings
help EDS provide customers with unparalleled high performance
and highly available application environments."
VERITAS i3 software delivers a comprehensive
application performance management solution that is
designed to proactively detect and correct application
performance problems before they become a bottleneck
to productivity. By continuously monitoring and analyzing
all vital components of the application infrastructure,
VERITAS i3 software is designed to proactively identify
any performance degradation, isolate the root cause,
and make specific recommendations for problem resolution.
In many cases, the performance problem is remedied before
user response times are affected.
"VERITAS and EDS share a common
vision to deliver our customers the highest levels of
application performance and availability, while improving
the effectiveness of IT operations," said Kris
Hagerman, executive vice president, strategic operations,
VERITAS Software. "We're delighted to be expanding
our collaborative relationship with EDS, a leader in
the managed global services business, to help turn this
vision into a reality for our joint customers -- today."
EDS Web and Application Hosting is part
of EDS Hosting Services, which brings together the world's
leading technologies to provide clients best-in-class
solutions for application and Web hosting, storage,
mainframe and midrange management. EDS Hosting Services
enhances existing technologies, provides the flexibility
and accountability needed to alleviate productivity
constraints, increases return on investment, extends
competitive advantage and promotes customer loyalty.
About VERITAS Software
With revenues of $1.5 billion in 2002,
VERITAS Software ranks among the top 10 software companies
in the world. VERITAS Software is the world's leading
storage software company, providing data protection,
storage management, high availability and disaster recovery
software to 86 percent of the Fortune 500. VERITAS Software's
corporate headquarters is located at 350 Ellis Street,
Mountain View, CA, 94043, tel: 650-527-8000, fax: 650-527-8050,
e-mail: vx-sales@veritas.com, Web site: www.veritas.com.
This press release may include estimates
and forward-looking statements within the meaning of
the Securities Act of 1933 and the Securities Exchange
Act of 1934. These forward-looking statements involve
a number of risks and uncertainties, including the risk
that we will not maintain market acceptance of our products
and services and the risk that we will not be able to
maintain or increase the quality of our end-user customer
and partnering relationships that could cause the actual
results we achieve to differ materially from such forward-looking
statements. For more information regarding potential
risks, see the "Factors That May Affect Future
Results" section of our most recent report on Form
10-K and Form 10-Q on file with the SEC. We undertake
no obligation to update any forward-looking statement
to reflect events or circumstances after the date hereof.
NOTE: VERITAS, the VERITAS logo, i3
and all other VERITAS product names and slogans are
trademarks or registered trademarks of VERITAS Software
Corporation. VERITAS and the VERITAS logo Reg. U.S.
Pat. & Tm. Off. Other product names and/or slogans
mentioned herein may be trademarks or registered trademarks
of their respective companies.
SOURCE VERITAS Software Corporation
press, Connie Chronis, +1-650-527-1572,
or
connie.chronis@veritas.com, or Kelly LeBlanc, +1-650-527-2129,
or
kelly.leblanc@veritas.com, both of VERITAS Software
Corporate Communications;
or Elizabeth Robinson of Applied Communications, +1-415-519-1744,
or
erobinson@appliedcom.com, for VERITAS Software; or investors,
Renee Budig of
VERITAS Software, +1-650-527-4047, or renee.budig@veritas.com |
