The Marker (re: Seaside Software), February 4, 2003
We! to distribute Seaside's email accelerator in Israel
| Israeli-Californian startup SeaSide Software has signed an agreement with the Herzliya-based consultancy We!, which will distribute Seaside's HiperExchange system to its customers in Israel.
|Israeli-Californian startup SeaSide Software has signed an agreement with the Herzliya-based consultancy We!, which will distribute Seaside's HiperExchange system to its customers in Israel.
The HiperExchange system speeds up work with Exhange servers at enterprises. Mainly, it speeds up opening email and synchronization of online calendars, and does not require any further investment in maintaining IT infrastructure.
Installed on the workstation, the HiperExchange system creates a "virtual server" at the end station. It automatically reproduces each client's database, accelerates it to 40 times the regular speed, and reduces costs by some 80%.
A month ago, Seaside announced a distribution agreement with HP Israel, the local representative of Hewlett-Packard (NYSE:HPQ). Although the companies declined to discuss the distribution of income, the agreement's potential is estimated at around $10 million.
Seaside, which maintains an R&D center in Rehovot and headquarters in Redwood City, California, was founded in 2001 business Moshe Raines, Ittai Golde, and Oded Regev under the name eMikolo. The company employs 24 people and expects to break even by year-end.