27 Sep 2010 07:00
27 September 2010
Nasstar plc
Distribution Agreement
Nasstar plc, ("Nasstar") which provides Hosted Desktop cloud computing, is pleased to announce it has entered into a 3 year distribution agreement with intY Limited ("intY"), an aggregator and global distributor of Software-as-a-Service ("SaaS") applications, whereby intY will sell Nasstar Hosted Desktop under its own brand and through its strategic partners which include several major ISPs and telcos. Under the terms of the agreement intY have agreed a target distribution of 10,000 Hosted Desktop subscribers. intY and its strategic partners will be targeting both medium and enterprise businesses. intY's services include Hosted Exchange, BlackBerry, Sharepoint, web and email security. intY is one of the first Global partners to secure a Microsoft BPOS syndicated partner agreement whereby Microsoft's online services, known as BPOS, will be sold directly by intY. The Nasstar Hosted desktop application will fully integrate with this solution.
Charles Black, CEO of Nasstar, said:
"This partnership has been formed on the basis of building significant volume sales for Nasstar Hosted Desktop. We have been developing our Hosted Desktop service since 2004 and this year have released our latest version with Windows 7 and Microsoft Office Professional 2010. Our channel partner strategy creates opportunities for volume sales whilst enabling us to focus resources on continued R&D. intY have established themselves as a major UK aggregator and this partnership provides significant reach for Hosted Desktop into the fast evolving cloud market."
Chris Baldock, Managing Director of intY, said:
"We see SaaS as a rapidly evolving market and our vision is to drive growth of the SaaS market by being an aggregator for the supply of enterprise class SaaS solutions into a multi-vendor application delivery model through our array of strategic ISP and telco partners. A key component of this vision is a Hosted Desktop solution that can deliver a desktop, Microsoft Office and a large range of other key business applications in the cloud. We believe Nasstar's Hosted Desktop solution is the best in the world and we have the ability to generate strong sales from both bundling Hosted Desktop with other Microsoft online services that we are selling, and through our channel of strategic partners."
| Nasstar plc |
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| Charles Black, Chief Executive Officer | 020 7148 5000 |
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| Allenby Capital Limited, Nominated Adviser and Broker |
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| Nick Naylor James Reeve | 020 3328 5656 |
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| Inty Ltd |
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| Chris Baldock, Managing Director | 01454 640 500 |
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About Nasstar plc
Nasstar (www.nasstar.com) provides Hosted Desktop, a cloud computing service that enables subscribers to access their desktop, applications and data in the cloud rather than using local hard drives. Hosted Desktop is a highly scalable service that provides benefits including anywhere access to computing, a standardised corporate desktop solution that can be accessed globally and in multiple languages and cost savings when compared to the traditional IT ownership model, replacing capital expenditure with a simple usage based payment model.
Nasstar was founded in 1998 by Charles Black. Nasstar plc was admitted to trading on the London Stock Exchange Alternative Investment Market in December 2005 (AIM: NASA).
About inty Ltd
intY Ltd, www.inty.com, is a leading provider of Software-as-a-Service. intY's services include Hosted Exchange, BlackBerry, Hosted Sharepoint, WebDefender web filtering, email anti-virus and anti-spam filtering and through its partnership with Nasstar, Hosted Desktop. intY has been chosen by Microsoft to sell its Business Productivity Online Suite (BPOS) directly to customers and also provides its services through channel partners.