MTI Technology Corporation has announced an agreement to resell IBM’s xSeries servers — a move which expands its offerings and changes the dynamics of its business strategy.
The Irvine Calif., based value added reseller, which provides storage solutions to approximately 3,500 medium to large corporate customers, said the xSeries servers will work well with the suite of solutions MTI provides including Microsoft Exchange Server infrastructures as well as backup and recovery solutions where servers are needed to run the applications.
Aside from EMC, the 20-year-old company has Microsoft, Cisco and Symantec as its partners. It will resell the xSeries through Avnet Technology Solutions, and says it intends to make its partnership with IBM official.
“We will be formalizing our relationship as an IBM business partner, and that information will be forthcoming,” said John Maxwell, MTI’s vice president of marketing. “Unlike some vendors who provide a laundry list of products, we are focused on best of breed vendors in order to provide our customers with the best information infrastructure solution,” Maxwell added.
The news comes in the same week that the company said it has received a Nasdaq Staff Deficiency Letter dated March 8, 2007, indicating that for 10 consecutive trading days, MTI’s market value of listed securities had been below the $35,000,000 minimum required for continued listing on the NASDAQ Capital Market. The company is under threat of delisting if it is unable to raise its market value above the required amount for 10 consecutive business days by April 9, 2007.