Acquisition Press Release

Fiveways International Ltd Expands Market By Acquiring the assets and intellectual property of openQRM

Managed Service Provider, Fiveways International Ltd, has acquired the assets and intellectual property of the software developer openQRM Enterprise GmbH.

SYDNEY, NSW Australia — Fiveways International Ltd has acquired the assets and intellectual property of openQRM Enterprise GmbH, the German Data Centre management and Cloud Computing infrastructure developer, on July 27, 2020. In conjunction with the acquisition, Fiveways International Ltd has appointed OPENQRM AUSTRALIA PTY LTD as the master distributor and support centre to further company growth.

Leading the new partnership with Fiveways International Ltd, OPENQRM AUSTRALIA PTY LTD is looking forward to bringing the unique solution to the market and expanding its global footprint. With a larger development team and dedicated support resources, OPENQRM AUSTRALIA PTY LTD aims to improve the existing products better to meet the evolving needs of the IT industry. "We are proud to announce that the existing products, development, and support will be maintained. Our solution allows operators to convert their compute nodes to run 100% from memory, requiring no local storage," said Roger Mangraviti, Director of OPENQRM AUSTRALIA PTY LTD. "It utilises images that allow physical and virtual servers to be rapidly deployed, reducing operational expenditure and time. Including technologies like Openstack and Proxmox, our technology is ideal for most workplace infrastructures."

With more than 400,000 downloads on the free community edition, openQRM's ground-breaking platform allows operators the ability to optimise their cloud computing environment with a high-performance cloud platform. Developed for IT professionals and organisations of all sizes, the solution utilises plug-ins that fully automate cloud-based workflows to increase productivity.

To learn more about the openQRM Enterprise GmbH acquisition, visit www.openqrm-enterprise.com.

About openQRM Enterprise GmbH: Based in Germany, openQRM Enterprise GmbH provides IT organisations standardised and high-performing frameworks for data centre management and cloud computing platforms with free community and commercial licenses. With professional services and long-term support, the company meets the IT industry's needs for a competent infrastructure framework. The organisation is in partnership with Mighty Care Solutions GmbH, HyperScalers, Enterprise Open Systems GmbH, and OSS Laboratories Inc. to further promote the international distribution of openQRM.

About OPENQRM AUSTRALIA PTY LTD Pty Ltd: OPENQRM AUSTRALIA PTY LTD acts as both the master distributor and support centre. Positioned for further growth, the organisation is the foundation for openQRM's innovative infrastructure management platform.