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Speedus Corp. (SPDE) Subsidiary Develops Distribution; Signs International Rep Agreement

GERMANTOWN, Md., Sept. 11 /PRNewswire/ — Density Dynamics, a majority owned subsidiary of Speedus Corp. (Nasdaq: SPDE), announced today it has signed an International Representation agreement covering India with Graphay, Inc.

“We are excited to establish a sales and distribution channel for the cutting-edge DRAM-based SSD’s built for high speed data enterprise users. My experience at Wachovia in the data center environment led me to witness the SSD. Its power and performance capabilities are highly anticipated in the Indian market and together with Graphay’s technologies, will address pressing needs of our Enterprise customers. We look forward to a long and fruitful relationship,” said Ashish Majmundar, CEO and founder of Graphay.

About Density Dynamics

Density Dynamics, a majority owned subsidiary of Speedus Corp., is a pioneer in the solid-state storage and I/O acceleration technology. Its high performance RamFlash solid-state storage and computing devices are designed to reduce I/O bottlenecks while also reducing power, cooling, and rack space requirements. Density Dynamics can be found on the web at

About Graphay

Graphay, headquartered in Matthews, NC, is an Enterprise IT Solutions Provider to customers in India & Israel. Graphay offers end-to-end architecture design, desktop and data center virtualization, along with best-in-breed products from its Global technology partners. Graphay can be found on the web at

About Speedus Corp.

Additional information on Speedus Corp. may be obtained at or by contacting Peter Hodge at 888-773-3669 (ext. 23) or

Statements contained herein that are not historical facts, including but not limited to statements about the Company’s product, corporate identity and focus, may be forward-looking statements that are subject to a variety of risks and uncertainties. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company, including, but not limited to, the continuing development of the Company’s sales, marketing and support efforts.

Friday, September 11th, 2009 Uncategorized