Home-grown network monitoring and recording vendor Endace opened its first Australia office in Sydney. While the company had staff on the ground already, the move highlights Australia as a key market focus, according to a statement released by the company. "Many of our global clients have a presence in Sydney, in particular the large investment banks, so expanding our presence in the city is a logical step," says vice president of sales in APAC, Neil Templeman, in the statement. The office will house Endace's sales and technical teams, headed up by Templeman. The company plans more hires later in the year, but according to a company representative, the new office will have no effect on Endace's New Zealand operation.