Cambex Becomes Sun iForceSM Partner
Cambex and Sun to Provide Mainframe Rehosting Services to Enterprise Customers
WESTBOROUGH, MA – August 10, 2005 – Cambex Corporation (OTCBB:CBEX), a leading supplier of solutions for optimizing storage network productivity and application performance, today announced that it has joined Sun Microsystems (NASDAQ:SUNW) iForce Partner Program. As part of their iForce partnership, Cambex and Sun will deliver mainframe rehosting solutions and services on SPARC®-based Sun FireTM servers to enterprise customers.
Current mainframe users are locked into proprietary computing environments where annual staffing, hardware and software costs significantly exceed those of open systems data centers. Migrating mainframe applications to Sun open systems servers has reduced annual hardware and software costs by as much as 75 percent. Typical return on investment is less than 24 months while customers benefit from greater flexibility, scalability and often performance.
Cambex and Sun possess the experience, software tools and expertise to migrate business-critical applications from mainframes onto the Sun Fire server line. With rehosting, the front-end of the applications are unchanged allowing customers to use their software without requiring any additional training.
“Cambex has over 35 years of experience working with enterprise mainframe customers” said Joseph F. Kruy, Chairman and CEO of Cambex. “We are confident that by working with an industry leader like Sun, we can significantly reduce the total cost of ownership of running a customer's business-critical applications by migrating these applications from IBM mainframes to highly-reliable Sun servers.”
Sun's iForce Initiative brings together Sun and its best of breed partners worldwide to deliver proven solutions that reduce cost and time to market. The iForce Initiative addresses customers' business objectives by helping to reduce risk and speed time to implementation of solutions that help lower total cost of ownership and increase the productivity of an organization's assets.
About Cambex Corporation
Cambex has been supplying high-performance, high-availability memory and storage solutions for over 35 years for a wide variety of corporate applications. Our solutions are designed to optimize the performance of storage networks. Fibre Channel products include FibreQuik™ Host Bus Adapters and Dynamic Path Failover™ software. Memory products include upgrades for IBM, Sun, and HP UNIX servers. Products are sold directly and through qualified resellers, integrators and OEMs. Cambex is headquartered in Westborough, Massachusetts and can be reached at (508) 983-1200 or on the World Wide Web at www.cambex.com.
Forward-looking statements are made in this release pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward looking statements are subject to risks and uncertainties, including, without limitation, the timing of new announcements or product introductions by the Company and its competitors, the hiring and retention of key employees, competitive pricing pressures, dependence on third parties for components and products, general economic conditions in the United States and international markets, and the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission.
TRADEMARKS: FibreQuik and Dynamic Path Failover are trademarks of Cambex Corporation. Sun, Sun Microsystems, and iForce are trademarks of Sun Microsystems, Inc. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.
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