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Ottawa ON, Canada - November 20, 2003
KOM Networks, a leader in innovative data management and archiving software solutions, and Optika® Inc. (NASDAQ: OPTK), a leading Enterprise Content Management (ECM) provider of imaging, workflow, collaboration and records management software, today announced a partnership to deliver document and content management and storage solutions to help organizations achieve compliance with regulatory initiatives.
KOM Networks' KOMworx Information Lifecycle Management and data protection repository aggregates Host-, LAN- and SAN-attached storage into easy-to-manage homogeneous virtual volumes with automatic provisioning of resources and storage classes. The combination of Optika's Acorde© Enterprise Content Management solutions and KOM's KOMworx software provides the ideal solution platform to manage, store, and secure mission critical application data.
KOMworx's patented solution emulates optical Write-Once Read Many (WORM) storage on hard disk. This KOMworx "e-WORM" capability allows Optika Acorde users to protect their transaction content and documents from user errors, deletions and viruses. Working in conjunction with Optika's Acorde ECM solutions, administrators can set up storage environments to ensure that data files are placed on the most appropriate, secure and cost-effective storage resource, from capture through the lifecycle of the documents.
Together, KOMworx and Acorde help organizations comply with regulatory requirements such as SEC Rule 17a-4, HIPAA, and DoD 5015.2. KOMworx provides the advanced retention and disposition functionality that compliance applications require.
"Our partnership with KOM Networks is an important element in our strategy to help organizations comply with current and future regulations around the storage and archival of important business records," said Mark K. Ruport, president, CEO and chairman of Optika Inc. "Working together, we can help our clients achieve return on investment throughout each step of managing documents and transactions."
"This partnership exemplifies the ideals where the benefits to our joint customers are at the forefront. The customers can exploit the core competencies of our combined products to meet their long-term storage requirements and regulatory mandates," said Dr. Taher Shaath, CEO and chairman of KOM Networks. "At KOM we know storage and Optika knows content management together this partnership is a strategic alliance with a customer focus first and foremost. This partnership puts forward a whole new type of solution. It couples the flexibility and know how of end-to-end document management with the flexibility of a ubiquitous storage infrastructure that can dynamically cope with the ever changing corporate demands and regulatory mandates."
"Information Lifecycle Management, especially as it pertains to compliant records management is becoming more and more predominant within IT today," said Steve Kenniston, Technology Analyst at the Enterprise Storage Group. "The costs that are associated with poor archiving practices and non-compliance far out weigh the costs of solutions that can help IT rein in and take control of data management."
About KOM Networks
KOM Networks, founded in 1969, is the world leader of innovative storage management software solutions. Pioneers of Data Protection & Retention, KOM Networks' products provide Compliance, Archiving and Information Lifecycle Management (ILM) to over 10,000 installations globally. KOM Networks products are delivered through a worldwide network of value-added resellers, strategic partnerships and alliances.
KOM Networks' easy-to-integrate products let you Simply Manage, Protect, and Serve STORAGE, The Way You Want It. For more information please visit www.komnetworks.com.
About Optika
Headquartered in Colorado Springs, Colo., Optika Inc (NASDAQ:OPTK) is a leading provider of imaging, workflow, collaboration and records management software. Optika's Acorde™ family of Enterprise Content Management (ECM) solutions allows companies to streamline their business processes, eliminate paper and increase operational efficiencies. The company's more than 2000 customers worldwide include The Home Depot, Turner Broadcasting Systems, Siemens Communications, Verizon Information Services and Clear Channel Communications. Software Magazine named Optika one of the Top 500 Technology Companies in 2002. For more information about Optika and the Acorde product family, contact the company at 719.548.9800 or visit www.optika.com.
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