Acquisition Advances CA's Intelligent Storage Management Strategy
UAE-Dubai- July 09, 2006 - CA (NYSE: CA) today announced the acquisition of MDY Group International, Inc., a leading provider of enterprise records management software and services. MDY's innovative solutions help organizations centrally manage physical and electronic records distributed across the enterprise, regardless of location or origin. The acquisition will help CA customers in the Middle East fulfill global compliance, corporate governance and legal discovery requirements.
In today's highly regulated environments, many organizations from the Middle East conducting business with their western counter parts are required to retain and manage the growing volume of information which is often stored in disparate silos. MDY's record management technology complements CA's email management, file management and discovery solutions, enabling customers to fulfill compliance policies and discovery demands--without incurring data migration costs or executing large-scale infrastructure changes.
CA will market and support the full suite of MDY products and services, which address every aspect of records management. CA also plans to integrate MDY's records management technology with CA Message Manager to offer customers a solution for managing email and other business documents.
Gilbert Lacroix Vice President and General Manager, EMEA Eastern Markets for CA said, "We are pleased to have acquired MDY Group International as this will further extend our leadership in intelligent storage management and follows our 2005 acquisition of iLumin, a provider of enterprise message management and archiving software."
He added, "An increasing number of companies in the Middle East conduct business transactions with several companies based in the West thereby making compliance one of the most important aspects of business today. Our acquisition of MDY records will help provide our customers with solutions that will assist them across a wide gamut of business issues such as compliance, corporate governance and legal discovery requirements."
"CA and MDY have long histories of helping customers effectively manage information that's distributed across diverse platforms and applications," said Galina Datskovsky, CEO and founder of MDY, who is joining CA as senior vice president for BrightStor. "We're excited about becoming part of the CA family and applying our technology in an integrated manner with customers' broader enterprise IT management strategies."
MDY's signature product, MDY FileSurf, helps organizations gain control over their physical, electronic, and email records across the enterprise. By automating record-keeping processes, it saves organizations time and money, gives users faster access to information, and helps ensure compliance with regulatory requirements and organizational policies. MDY FileSurf is certified under the U.S. Department of Defense (DoD) 5015.2 Standard for records management applications.
MDY's Federated RM solution enables organizations to enforce critical records management strategies across multiple, disparate repositories through a records centralized console and rules engine
Forrester Research Inc., an independent technology and market research company, projects the records management market to grow at compound annual growth rate of 84% to $1.3 billion in 2008. (1)
According to Forrester, records management software products must be extended to provide retention management that guarantees compliance and enforcement of corporate policies from content creation through to final disposition of corporate records. (2) Forrester recognized MDY as a records management visionary and said it was one of three leading vendors who "have broken out of the records management straightjacket" and are offering innovative/nascent/emerging solutions for retention management. (2)
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About CA
CA (NYSE: CA), one of the world's largest information technology (IT) management software companies, unifies and simplifies the management of enterprise-wide IT. Founded in 1976, CA is headquartered in Islandia, N.Y., and serves customers in more than 140 countries. For more information, please visit http://ca.com.
About CA in the Middle East & Africa
Today CA has a direct presence in Bahrain, Kuwait, Lebanon, Qatar, Pakistan, Saudi Arabia, Turkey and the United Arab Emirates. With over 100 highly skilled professionals and a four languages 24X7 customer and partner support center in the region, CA is able to help many large and small organizations to unify and simplify their IT environments securely to drive better business value.
CA customers in MEA include Aga Khan University, Bank of Beirut, Dubai Department of Civil Aviation, Emirates Bank International, Etisalat Contact Center, Public Warehousing Company, Royal Court Affairs in Oman, Salalah Port Authority, Saudi Arabian Airlines, UAE Higher Colleges of Technology and many other organisations large and small. For more information, please visit www.ca.com/arabworld
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