Basho and Tokyo Electron Device (TED) Announce Strategic Partnership and Distribution Agreement

CAMBRIDGE, Mass. & YOKOHAMA, Japan --(Business Wire)--

Basho Technologies, Inc. and Tokyo Electron Device Limited (TED) announced a strategic partnership and distribution agreement under which TED will resell Basho products throughout Japan and has become a strategic equity investor in Basho. Basho Technologies specializes in distributed systems technologies and is the creator of Riak, the industry leading distributed database and cloud storage software. TED provides world-class products and solutions that deliver competitive advantages to its customers. The strategic partnership enables Basho and TED to capitalize on the comprehensive resources of TED to open up new opportunities for Basho in the Japanese market. As part of the partnership, TED will build and maintain dedicated sales support and post-sales support resources specifically around Riak, Riak CS and future new products from Basho.

"Basho is very excited to enter into a long-term strategic partnership with TED," said Sam Takagi (News - Alert), general manager of Basho Japan and Asia Pacific. "TED is highly regarded throughout Japan for its expertise in storage infrastructure, data backup and protection, and data warehouse design and operations. Riak™'s strengths around high-availability, scalability and predictability are highly complementary to TED's expertise and will provide an important new and innovative database and storage solution for TED's customers. With Riak™, Japanese businesses can meet demanding Internet, social and mobile requirements, as well as build highly-competitive public clouds and secure, high performance private clouds."

"Riak's inherent distributed data capabilities offer a unique solution for companies building next generation applications, and cloud computing platforms that require high scalability, no downtime, and low cost operations," said Vic Amano, VP &GM CN Business of Tokyo Electron Device Limited. "Our highly complementary expertse in data storage and our large and established network of commercial and industrial customers position us well to quickly speed adoption of Basho's technology throughout Japan. The strategic nature of our partnership with Basho allows us to collaborate on future customer requirements and on product directions, allowing TED to maintain a competitive advantage for the next generation of database and storage technologies."

"Through this strategic partnership, Basho is further building its global presence and particularly in the important and large market of Japan," said Greg Collins, Basho's president and CEO. "Our partnership with TED further underscores Basho's commitment to the Japanese market. We are committed to building strong local capabilities and leveraging partnerships that have strong business networks and local-market expertise. TED is a terrific match for Basho. We look forward to working with TED and its customers for many years to come."

Today's announcement follows Basho's recent opening of its Tokyo Office, officially launched on September 27, 2012.

About Tokyo Electron Device (TED) CN Business:

Tokyo Electron Device (TED) is a technical trading firm with a "trading business" function that provides semiconductor products and business solutions as well as a "development business" function that performs commissioned designing and the development of own-brand products. The Computer Network (CN) Business Section handles a wide range of storage systems, network-related equipment, and middleware products and provides them as part of its business solutions in the era of cloud computing. It has marketing functions in Japan and overseas to pick up on trends in the world's advanced technologies ahead of others in order to offer products and services that cover processes that span everything from implementation to support.

For more information, visit: http://cn.teldevice.co.jp/english/

About Basho Technologies

Basho Technologies is the leader in highly-available, distributed database technologies used to power scalable, data-intensive Web, mobile, and ecommerce applications and large cloud computing platforms. Basho customers, including fast-growing Internet-based businesses and large Fortune 500 enterprises, use the company's flagship product, Riak, to deliver and manage digital media and unstructured data, implement multi-device user activity and sessions stores, to aggregate large amounts of data for logging, search and analytics, and to build scalable cloud storage platforms. The company is based in Cambridge, Massachusetts and operates regional offices in London, San Francisco, Tokyo and Washington DC.

For more information visit http://www.basho.com or www.basho.co.jp.