|For Immediate Release|
Singapore - January 05, 2001 - SWsoft Pte Ltd, leading company in system software development, today announces its purchase of the BootWizard software focused on the multibooting and partitioning technologies from PhysTechSoft, Ltd and forming new business unit Acronis for further development and existing user-base support of BootWizard software. Acronis BootWizard Pro 4.0 release is already available for download and purchasing.
Under the terms of acquisition Agreement, all the proprietary rights to BootWizard distribution, future versions releases and others are transferred to Acronis from PhysTechSoft immediately after Agreement signing.
The acquisition of BootWizard would enable Acronis to extend its scope in system software considerably and to enter into new for Acronis high-growth segments, including partitioning and backup technologies. Also, Acronis brand position on system software market would be strengthened.
BootWizard is the powerful system utility based on two original technologies, covered operating systems multibooting and hard drive partitioning without data loss. It allows to automatically install and boot any operating system on hard disk and repartition hard disk, including resize, copy, and move partitions without data loss.
BootWizard Pro allows to automatically perform most of partitioning and multibooting operations like:
Currently, Acronis is already working on new solutions based on these unique technologies. We are confident that we will be able to quickly leverage our professional technical expertise and support to deliver cost-effective solutions that our client will believe to meet their ultimate needs.
Acronis will forge more strategic alliances with quality business partners within both software and hardware industry through partnership with Educational and Government Institutions, OEMs, and VARs within the next few months.
Acronis is an independent business unit of SWsoft, a multinational software development company with headquarter in Singapore and offices in USA and Europe. It has a team of over 100 employees worldwide and more than $11 million in consolidated revenues.
Acronis is a leading software development company, a supplier of system software based on unique technologies. Acronis offers partitioning and multibooting solutions, which are capable to meet requirements to wide range of home and corporate users. Acronis is well positioned to become one of the preferable system solutions vendors by capitalizing on it's strengths:
SWsoft is an advanced server technology company focused on the development of its patent-pending Virtuozzo technology with end-to-end solutions and services for hosting service providers such as Internet data centers, application service providers, managed hosting providers and Web hosters.
For more information visit SWsoft at www.SWsoft.com.sg.