:: News and Press Releases ::
Leading Canadian Data Loss and Recovery Firms Sign Pact
Recovery Force and Nortek Pursue Growing Market
North Bay, Ontario (January 17, 2007)
A new
strategic alliance between Nortek Computers Ltd. of North Bay and Recovery Force
Inc. of Guelph will deliver enhanced data recovery and storage service and
devices to their customers worldwide.
"Nortek has four world-class clean rooms, and will become our exclusive
provider of high-end, clean room data recovery services," says Doug Coughey,
Recovery Force president.
Clean rooms are contaminant free spaces that
allow Nortek to perform physical repairs to storage media.
Under the terms of the agreement, the firms will jointly market the
repair, refurbishment and remanufacture of high-end storage devices, password
recovery services, data sanitization and innovative and cost-effective solutions
for any data loss situation.
"There is a natural fit between the two companies," says Nortek President
Bob Everest. "There are tremendous growth opportunities in data recovery and
storage products. This agreement opens a new channel for marketing our advanced
data solutions to a growing customer base."
Companies are storing more and more data digitally. As the volume of
digital information grows, so does the complexity of managing this
ever-expanding library as well as the importance of safeguarding the vital
business information it contains.
"This alliance is the next logical step for both Nortek and
Recovery Force to meet the future needs of our customers and the market," says
Everest.
"It has been stated that: '34% of companies fail to test their tape backups,
and of those that do, 77% have found tape backup failures.' Coughey asks the
question: 'Why is there such a need for our services if backups are working
properly?"
About Nortek Computers Ltd.
Founded 1981. Based in North Bay,
Ontario.
Nortek is a world leader in the repair, remanufacture and resale of high-end
storage devices. Nortek's innovative, quality solutions range from enterprise
class storage devices to laptops. The company has an enviable success rate in
general data recovery and a world leader in password recovery services. Nortek
also supplies custom electronic engineering services to corporate clients.
Nortek employs 30 people in the North Bay area. For more information, visit
the Nortek website at
www.nortek.on.ca
About Recovery Force Inc.
Founded 1997. Based in Guelph, Ontario.
Recovery Force Inc. is a
pioneer in data recovery and computer forensics, with a decade of experience in
recovering critical business and personal data for clients throughout Canada and
the rest of the world.
For more information, visit the Recovery Force web site at
www.recoveryforce.com .
Contacts:
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Nortek
Computers Ltd. Sold
New Owners Focus On Company Growth
North Bay, Ontario (May 31, 2006)
Nortek
Computers Ltd. is pleased to announce that founder and owner Brian McGaffney has
sold his company and moved on to other business endeavors. Over the last 25
years, Dr. McGaffney built the company into a thriving enterprise, successfully
developing niche markets for most of its products.
Along with Brian's sale of Nortek, comes the announcement of new ownership
and the future plans for Nortek Computers Ltd. as it continues to grow and
remain a significant employer in North Bay. The new purchasers of Nortek are Bob
Everest and Todd Muzyka. Both Bob and Todd are seasoned executives with each
having over 20 years experience in the Information Technology (IT) sector.
Before purchasing Nortek, Bob Everest served as Vice President and General
Manager of Persona Communications Inc., in Sudbury, Ontario for 7 years. At
Persona he led over 270 employees to double digit sales growth while introducing
industry leading products for its client base. Previously, he was employed at
Bell Canada for 15 years in various senior management roles.
Todd Muzyka is the current owner of two Sudbury companies Computrek a
northern based value added reseller (VAR) and CDS Limited, a custom development
house. Both companies currently employ 21 people. For the past 20 years, he has
successfully developed and implemented strategies to support growth and
diversify his two companies in the fast paced IT marketplace. Now as an owner of
Nortek, he brings to the table a proven track record in IT business management.
Together Bob and Todd will focus on day-to-day operations and provide
strategic direction to grow the company. They will continue to leverage its role
as a leading electronic design and engineering company to diversify its product
offerings.
"The growth potential for Nortek is significant. Our primary business lines
include repairing, refurbishing, and remanufacturing high-end storage devices
such as hard drives and tape drives. Currently we have few major competitors in
North America and our client contracts include IBM Canada, Reynolds and Reynolds
North America, and Tracelogix. We are close to finalizing some additional and
significant contracts and we look forward to continuing growth in both our
domestic and international business lines right here in North Bay," states
Everest.
Muzyka adds, "Our other significant business line, which accounts for 20% of
Nortek’s revenues is our data and password recovery division. This market has
been growing at about 50% annually and this growth is expected to continue.
Businesses all over the world rely on electronic storage of vital information,
so when a storage device fails it is costly and possibly disastrous. With an
industry leading success rate, we are the natural choice for data and password
recovery."
"As with most successful companies, our real strength and the foundation of
the company is our employees' hard work and dedication. We have no doubt that
this most valuable asset has carried the company for the first 25 years and will
continue to be a great part of our growth and diversification for the future,"
agree the new owners.
About Nortek
Founded in 1981, Nortek is an electronics engineering company and world
leader in the repair, remanufacture and resale of high-end storage devices.
Innovative, quality solutions for products from laptops to Enterprise class
storage systems demonstrate Nortek's ability to adapt and perform on a
consistent basis. Custom engineering services provide corporate customers with
timely, creative resolutions to their unique challenges. Nortek also has an
impeccable success rate in the provision of data recovery and exclusive password
recovery services. With a proven track record of customer satisfaction, Nortek
rounds out its business line with repair services for PCs, LCD monitors, and bar
code scanners.
Nortek employs 30 people in the North Bay area. For more information visit
www.nortek.on.ca
Ed Eng Photo
