V Communications Purchases Award-Winning Ontrack® Products
Company Expands PC Utilities Software Line
October 1, 2002
SAN JOSE, CA, October 1, 2002 -- V Communications, a leading developer and publisher of advanced software utilities, today announced the purchase of several award-winning PC utility products from Kroll Ontrack Inc., a provider of data recovery and electronic discovery services and wholly-owned subsidiary of Kroll Inc. (NASDAQ: KROL), the global risk consulting company. The products include SystemSuite?, Fix-It Utilities?, PowerDesk® Pro?, ZipMagic®, Internet Cleanup? and EasyUninstall?, all of which will become wholly-owned, marketed and distributed by V Communications effective October 1, 2002. The products will be released under the V Communications label and will be available along with VCOM's popular System Commander®, CD Anywhere®, and Partition Commander®, software utility lines. The purchase of these products enhances V Communication's position in the mass consumer utilities area.
"The award winning excellence of Ontrack's software, as well as their brand name awareness, continues to increase our identity in the consumer utilities market," noted Frank van Gilluwe, V Communications' president. "We plan to continue growing V Communications by acquiring quality products that fit into our strategy of providing a complete line of utilities for consumers, advanced users, developers and enterprise customers," concluded Mr. van Gilluwe.
"We are proud of the products and are happy to see a quality company like V Communications take ownership of them," said Greg Olson, VP of Operations and Product Line Management for Kroll Ontrack. "We have chosen to invest future R&D into Kroll Ontrack's industry leading data recovery and electronic evidence products and services. The PC utility products are a terrific fit with V Communication's growth strategy and a great complement to their existing product lines."