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December 5, 2003
HDS renews thrust for Indian market

NEW DELHI -- Hitachi Data Systems (HDS) recently announced its extended strategy for the India market. In a bid to extend its presence in the entire storage solutions domain, it has devised new plans to address the Indian market. HDS sees India as one of the fastest growing markets, with banking, finance, securities and insurance (BFSI), IT, telecom and the government being the key focus areas. HDS has continued to gain momentum in the India market, since it entry in 1998.

Over the past year, HDS has grown both market and customer share organically and by partnerships, through developing new and existing customer relationships. It continues to reinvest in its product offerings with a significant percent of total revenue spent on research and development. The company's efforts are concentrated on product integration and consolidation, thus affording customers the ability to leverage existing HDS solutions and high-value extensions.

Don McNicoll, senior director, global industry relations, in his first visit to India, said: "Our mission is to help customers move their businesses forward faster by delivering the right solution, implementing it quickly, and making it pay. The strength of our underlying business model and world-class products and services has enabled us to grow even in these economic conditions."

Tom Zack, vice president-product marketing and management, AP and international Americas, Hitachi Data Systems, added: "India is important to the overall corporate strategy as we see a lot of opportunities in this market. Our strategy will closely address the growth plans we have chartered out for India. With this strategy, we intend to cater to the growing telecom, banking, insurance and SME segments in India as they are increasingly beginning to adopt storage solutions and products. The e-governance sector also represents a huge opportunity for us."

Contact:
Hitachi Data Systems

Tel: +91-80-238-6984/208-8307/8
Fax: +91-80-208-8309
www.hds.com






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