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FutureIT Announces Market Penetration in Central America

Posted on: Tuesday, 13 October 2009, 13:25 CDT

LOD, Israel, October 13 /PRNewswire-FirstCall/ -- FutureIT Inc. (FITI.OB), a leading provider of software solutions for the automated and effective management of Microsoft SQL servers, today announced its expanded market penetration in Central America, beginning in Guatemala with a planned regional expansion throughout Central America including Costa Rica, El Salvador and Honduras. FutureIT's flagship product, EZManage SQL Pro, provides a centralized all-in-one software solution for multiple SQL Servers, handling optimization, maintenance, monitoring, encrypted backup, restore and DRP tasks. FutureIT's products dramatically reduce the risk of loss of critical data in SQL Server databases by automating database maintenance and allowing for better system performance and fewer system crashes.

Working together with local distributor Inforum, FutureIT has seen considerable success in the SME market in Guatemala. Based in Guatemala with offices throughout Central America, Inforum has a large range of clients across a multitude of industries including manufacturing, construction, wholesalers, retailers and the service industry. According to the Central Bank of Guatemala, Guatemala registered the highest economic growth in Central America during the first seven months of 2009, and the growth trend appears to be continuing.

Commenting on the recent expansion, Ms. Chen Scaldman, FutureIT's VP sales and development, said "We see the successful market penetration of Central America as a key step in our planned expansion in Latin America. We are very pleased with the work we have done with Inforum, and see this as the beginning of a long and fruitful relationship." Ms. Scaldman recently returned from the first part of a series of seminars that she ran in Guatemala, and already has plans to return in early November due to the incredible demand. "Inforum's strong presence in Guatemala and throughout the region has allowed us to meet users and plan in-house seminars directly. We have already scheduled a series of presentations to Microsoft Guatemala's customers and see that we will rapidly progress from there."

About FutureIT

FutureIT is engaged in the development, marketing, sale and support of software products that provide easy-to-use comprehensive database management, backup and monitoring solutions for both small and medium sized enterprises, or SMEs, and larger enterprises, running different Microsoft Structured Query Language, or SQL servers, versions 2000, 2005 and 2008, as well as Microsoft SQL Server Desktop Engine, or MSDE and SQL Express.

Safe Harbor Statement

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the Company with the Securities and Exchange Commission. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The Company undertakes no obligation to publicly release updates to these forward-looking statements made to reflect new events or circumstances after the date hereof. Neither the Company nor its agents assume responsibility for the accuracy and completeness of the forward-looking statements.

SOURCE FutureIT Inc.

Source: PR Newswire

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