XPT Xploite

 

TIDMXPT 
 
 
Xploite PLC 
26 October 2009 
 
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Embargoed Release: 07:00hrs Monday 26 October 2009 
 
 
Xploite plc 
("Xploite" or "the Group") 
 
 
Storage Fusion Delivers Strong Contract Wins 
 
 
Xploite plc (AIM: XPT), the operator and aggregator of strategic and high-growth 
IT services businesses, is pleased to announce that, further to the announcement 
on 21st October 2009 and the update provided on the current trading of Storage 
Fusion, its Storage Resource Analysis (SRA) subsidiary, Storage Fusion has now 
signed a total of 15 new agreements over the past two months. 
 
 
The Board of Xploite believes that these contract wins demonstrate that the 
Storage Fusion business continues to maintain its recent, improved, levels of 
performance and that it will achieve the Board's objective of being cash 
positive on a month-to-month basis. 
 
 
Storage Fusion provides Storage Analytics technology as Software as a Service 
(SaaS), enabling customers to manage disparate storage. The elegance of the 
solution, depth of reporting and immediate return on investment (ROI) are all 
major factors in the decision to invest in the service. 
 
 
New customers of Storage Fusion's annuity service over the past two months, 
include Abbey (Santander), Barclays, BGC Partners, Chelsea Building Society, 
Emirates (Dnata), Merlin Entertainments Group, 
Nissan, RBS and O2. 
On the decision to invest in Storage Analytics, David Francis, Global CTO at BGC 
Partners 
commented: "It is easy to be sceptical when a value to cost proposition like SRA 
is presented.  We therefore took the opportunity to have a business case 
justification run against our US storage estate.  Within 36 hours we were 
reviewing our online headline report analysis. Choosing to subscribe to the 
annuity service, covering our entire storage infrastructure, was not a difficult 
decision." 
 
 
In addition, Storage Fusion has also signed reseller agreements with Unisys and 
Computacenter, who will provide the service to their clients. 
 
 
Matthew Yeager, Practice Leader, Data Storage & Protection at Computacenter 
commented: 
"Computacenter selected Storage Fusion for use in our Storage Assessment & 
Strategy Service as well as for consultative storage selling with customers, as 
Storage Fusion offers the most comprehensive SRA reporting using agentless, 
vendor neutral, and non-intrusive discovery tools.   I view StorageFusion's SRA 
tools as being core to our future success in delivering efficient and agile 
consultative engagements to our customers." 
 
 
Ian Smith, Chief Executive Officer of Xploite commented: "Although Storage 
Fusion revenues were lower than anticipated over the year, the business has 
turned a corner since fully exploiting the commercial power of SaaS through the 
new streamlined pricing strategy implemented in August. This has 
subsequently accelerated sales over the past two months. Its blue chip customer 
base is a strong endorsement of the quality of the service and the Board 
believes that the increased customer volumes will, in turn, increase market 
awareness of the SRA software, supporting the continued growth of the business." 
 
 
Enquiries: 
 
 
+----------------------------+------------------------+-------------------------+ 
| Xploite plc                | Brewin Dolphin         | Hansard Group           | 
| Ian Smith, CEO             | Matt Davis             | Justine James           | 
| Robert Arrowsmith, CFO     | Neil McDonald          | Kirsty Corcoran         | 
| 0870 737 2001              | 0845 213 4217          | 020 7245 1100           | 
+----------------------------+------------------------+-------------------------+ 
 
 
 
 
Notes to Editors 
 
 
About Storage Fusion 
 
 
Storage Fusion's Storage Resource Analysis (SRA) automates the processes 
associated with storage 
analytics. 
 
 
Storage Allocation typically involves spending countless hours or even days 
extracting disparate data for from multiple management tools, which is an 
inefficient, inaccurate process which cannot be scaled for large deployments. 
SRA provides an interactive "single pane of glass" delivered via a secure web 
portal making it a powerful decision tool. 
 
 
SRA brings both business intelligence and automated administration analysis to 
storage management. It allows managers to gain real transparency of their 
storage assets and allows administrators true insight into how their 
heterogeneous storage estate is installed, configured, tiered, allocated, 
virtualised and assigned. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 NRAILFVRITLVFIA 
 

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