PRESS RELEASE: Xinuos Announces Relocation of its Operations to the U.S. Virgin Islands

Published Tuesday, October 29, 2019

 

Xinuos Announces Relocation of its Operations to the U.S. Virgin Islands

Xinuos™, is pleased to confirm today its move to the U.S. Virgin Islands. The move, which occurred on May 21, 2019, is part of the company’s ambitious plans to build upon the legacy of its three proprietary operating systems, OpenServer 5, OpenServer 6 and UnixWare 7, to grow through significant investment in new products and services, and to optimize the ways in which it continues to serve and service its current global customer base.

As part of its move, Xinuos is excited to announce formally that is has become a tenant of the University of the Virgin Islands Research and Technology Park (“RTPark”). The RTPark program, established in 2002, is a partnership among the private sector, the government of the U.S. Virgin Islands and the University of the Virgin Islands (UVI). The RTPark program’s goal is to attract knowledge-based businesses to the U.S. Virgin Islands, including businesses in the software development, software-as-a-service, telecommunication and information technology sectors.

Sean Snyder, Xinuos’ Chief Executive Officer, believes that Xinuos’ move will prove extremely beneficial to all the Xinuos stakeholders: “I am very pleased to confirm Xinuos’ move to the U.S. Virgin Islands and its acceptance into the University of the Virgin Islands’ RTPark program. This move represents an important next step in Xinuos’ ambitious plans to explore strategic opportunities while continuing to provide outstanding products and services to its current customer base. Given the historic ties between operating system development and universities, Xinuos looks forward to a close and mutually beneficial collaboration with the University of the Virgin Islands while also supporting the dynamic goals of the RTPark, such as the launch of its incubator program which we believe will further contribute to the development of a thriving technology sector that will positively impact the economic development of the U.S. Virgin Islands”.

Peter H. Chapman, Executive Director of UVI RTPark, stated “We enthusiastically welcome Xinuos to the RTPark Corporation family and to the USVI community on the whole. Their decision to relocate their operation to the Territory underscores the USVI’s advantages as a preferred destination and hub for rapidly expanding tech firms like Xinuos. We are further encouraged by the company’s commitment to working with the university and investing in key elements of the Territory’s tech ecosystem, which will help strengthen our overall economy. We look forward to working with Sean and team for many years to come.”

To learn more about the UVI Research and Technology Park, visit its website at http://www.uvirtpark.net.

About Xinuos, Inc.
Xinuos provides commercial customers with operating systems that are reliable, dependable, and secure for mission-critical applications that demand rock-solid performance. The Xinuos general-purpose operating systems are on pace with hardware and software industry advances and are designed to power any size business that requires stability, reliability, and scalability. Learn more at http://www.xinuos.com.

Media Contact
Jeremy Orchard
Phone    +1 (510) 400-7079
Email    Jeremy.orchard@xinuos.com
Internet    http://www.xinuos.com

Client Testimonials

In January 2012 my business was underway as a Tech Park entity. It has been a wonderful seven years. The Tech Park has always been supportive, easy to do business with, and is making a positive impact on the islands. The Tech Park organization is professional and efficient. They have created a friendly business environment that has been a pleasure to work within and a great experience overall. I would encourage any eligible entity to consider joining us in the Tech Park.

Louise Stapleton, LNL Publishing

We have been part of the RT-Park program for almost three years now.  The application process was straight forward and we had plenty of dialogue and feedback prior to our approval.  My only regret is we didn’t do this sooner.  It is satisfying  knowing that we are partners with UVI and enabling the education of the next generation .  We also love living in the USVI.  People are warm and welcoming and the pace of life is amazing healthy.  Most days it feels like a working vacation.

Andy Hemmert, President , HRMT, LLC

There are many unique treasures to living here. I’ve discovered a passion for mountain biking. My children have learned to sail. With a small community, you get to know people quickly. We found they went out of their way to make us feel welcome. When considering the move, a top concern was the children’s education. We found a quality school our kids love, with a dedicated faculty. In fairness there is an adjustment period. You learn to navigate island life, master shipping logistics, get to know a new culture, and take in some of the most beautiful ocean views in the world.

David Thompson, Exigo

Our firm, The RainTree Group, came into the UVI RT Park program in 2018.  We didn't have much experience in the USVI and followed the advice of the wonderful RT Park staff and other RT Park tenants.  The application process was transparent and straightforward.   The simple concept of the Park is mutual benefit - your company gets some tax incentives that allows you to grow your business more quickly and the USVI and UVI gets additional tax base, employment opportunities, and scholarships for deserving students.  The business environment and life in the USVI is slower paces and less stressful as the mainland, and without question the biggest business hurdle is communications, so find an office location where you have investigated the broadband options. Come and join us, you won't regret it!

James Salter, VosCom dba The RainTree Group