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SNW NAMES AUTOVIRT CUSTOMER FIVE POINT CAPITAL AS A FINALIST FOR ITS FALL 2009 “BEST PRACTICES IN STORAGE” AWARDS PROGRAM

Five Point Capital Recognized by SNW in “Technology Innovation and Promise” Category



Nashua, NH – October 6, 2009 – AutoVirt™, Inc., the leading provider of migration and management software for unstructured data on Windows networks, today announced that its customer, Five Point Capital, has been named a finalist for Storage Networking World’s (SNW) Best Practices in Storage Awards.  Five Point Capital, a major equipment financing company, has been recognized in the category of “Technology Innovation and Promise” for its recent server and server room consolidation initiative which featured AutoVirt’s AutoMove software solution.

“Five Point Capital is sincerely honored to be recognized by SNW’s judges in the category of ‘Technology Innovation and Promise’,” said Mike Williams, Senior Network Engineer, Five Point Capital.  “Across the board as a company, we know that without constant improvement and advancement – especially in the area of technology, we will lose our competitive edge.”  He continued, “During our recent server consolidation effort, we recognized that by deploying AutoVirt – one of the newest and most advanced Windows data management automation and optimization solutions on the market today – we could dramatically reduce the time and effort associated with the initiative.  Moreover, by leveraging AutoVirt on an ongoing basis, we could maintain maximum resource optimization levels, defer large capital expenditures, and enjoy a tremendous budgetary savings.  In fact, we estimate that we will save in excess of $100,000 this year alone.”

“Five Point Capital is the true embodiment of a visionary company that knows in order to improve internal processes, seize opportunities and fend-off competitive threats it must deploy innovative technology solutions,” said Josh Klein, President and CEO of AutoVirt.  “Its choice to deploy AutoVirt as the foundation for its recent server consolidation effort, as well as its ongoing storage optimization solution, is therefore understandably a ‘seal of approval’ of which we are quite proud.”  He continued, “We are delighted that they are now being recognized for this recent initiative and wish them, as well as all the award finalists, our most heartfelt congratulations for this significant honor.”

“Data and storage networking initiatives are more challenging and crucial then ever before and is still one of the most important pillars of the IT infrastructure,” said Ellen Daly, senior vice president, events, IDG Enterprise.  “The organizations and professionals judged to be Finalists in SNW’s Fall 2009 Best Practices in Storage’ Awards Program have not only met these challenges but are the best of the best when it comes to deploying the most strategic applications and using it to their advantage.”

About Computerworld

For 40 years, Computerworld has been the leading source of technology news and information for IT influencers worldwide. Computerworld's award-winning Web site (Computerworld.com), weekly publication, focused conference series and custom research form the hub of the world's largest global IT media network.

Computerworld's Web site and print publication have won more than 100 awards in the past five years alone. Computerworld leads the industry with an online audience of over 2 million unique monthly visitors and a print audience of more than 1.2 million readers each week.
Computerworld's conferences, with their focus on technologies and solutions, provide a rare opportunity for attendees to gain insight into the way user companies execute their strategies in the enterprise. Whether it's the prestigious Computerworld Honors Program, Computerworld's exclusive Premier 100 IT Leaders Conference or vertical industry events such as SNW, Business Intelligence Perspectives, or SaaScon, Computerworld's conferences provide the best environment for idea exchange among IT executives and IT solutions providers.

About International Data Group (IDG)

International Data Group (IDG) is the world's leading technology media, events and research company. Since its founding in 1964, IDG has been committed to helping people acquire and use technology successfully. As a result, IDG’s global brands have become the trusted source for insight into the technology industry and its products around the world.

Over the past 45 years, IDG has grown into a multi-billion dollar company reaching technology audiences in more than 100 countries worldwide. In 2008, IDG had revenues of $3.2 billion and more than 13,000 employees worldwide.

IDG's diverse products and services portfolio spans six key areas: online media, events and conferences, print publishing, lead generation services, global marketing solutions and market research.

About the SNIA

The Storage Networking Industry Association (SNIA) is a not–for–profit global organization, made up of some 400 member companies spanning virtually the entire storage industry. SNIA’s mission is to lead the storage industry worldwide in developing and promoting standards, technologies, and educational services to empower organizations in the management of information. To this end, the SNIA is uniquely committed to delivering standards, education, and services that will propel open storage networking solutions into the broader market. For additional information, visit the SNIA web site at www.snia.org.

About Five Point Capital

San Diego-based Five Point Capital (www.fivepointcapital.com) was founded in 1999 to provide equipment leasing options to businesses nationwide. The company focuses on customer service and personal attention while trying to find the best financing option for their customers. To this end, Five Point Capital has expanded their financial services to include Merchant Cash Advances and Credit Card Processing. The company was ranked No.348 in 2007 and No. 82 in 2006 on the Inc.500 America’s Fastest Growing Private Companies. Five Point Capital placed No. 11 in 2007 and No. 9 in 2006 on the San Diego Business Journal’s List of San Diego’s Top 100 Fastest Growing Privately Held Companies. The company is also a member of the Equipment Leasing and Financing Association and United Association of Equipment Leasing.  For more information, call (888) 576-4685.

About AutoVirt Software

AutoVirt Software enables IT executives to virtualize, optimize, manage and move unstructured data in their Windows environments more easily than ever before, while dramatically lowering both capital and operational expenses (CapEx and OpEx).  With AutoVirt, previously disruptive storage management and migration initiatives become automatic and completely transparent.  Night and weekend maintenance windows are no longer needed.  Moreover, unlike in-band appliances that add cost, complexity and risk, AutoVirt is a completely out-of-band, software-only solution that provides customers with greater flexibility and management control.  

About AutoVirt

AutoVirt™ is leading provider of migration and management software for unstructured data on Windows networks.  AutoVirt provides companies of all sizes with the first truly affordable solutions for ensuring data integrity, data protection, high availability (HA), disaster recovery (DR), and business continuity during critical storage projects, as well as migration and day-to-day operations, across their Windows environments.  For further information, please call 603-546-2900, e-mail info@autovirt.com, or visit www.autovirt.com.


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© AutoVirt 2009.  AutoVirt, AutoMove, AutoClone, and AutoMap are trademarks of AutoVirt, Inc.  All other company, brands and product names may be trademarks or registered trademarks of their respective holders.


Contact:
Nicole Gorman
Corporate Communications
AutoVirt, Inc.
508-397-0131
ngorman@autovirt.com

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“For mid-range IT shops, data migration is typically completed manually, offline, at night and on weekends, and can be highly vulnerable to human error.  Until now, there hasn't been a practical solution available at an affordable entry point.  Thus, Autovirt's solution will offer welcomed relief.”

 

Mike Kahn, Managing Director, The Clipper Group