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Technology Stocks : MTIC - Is this the next EMC?

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To: The Ox who wrote (3705)6/23/2000 1:29:00 PM
From: The Ox   of 3748
 
InterLan Technologies Partners With MTI To Help Power QuickStart Program
MTI Providing Storage Solutions for InterLan's Industry-First Program That Gets Premium Managed Servers Up and Running Within Hours
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--June 22, 2000-- InterLan Technologies, a major managed server provider (MSP), announced today it has formed a relationship with MTI(R) Technology Corporation (Nasdaq: MTIC), a leading provider of enterprise storage solutions.

InterLan selected MTI to provide fault-tolerant storage solutions as part of its QuickStart(TM)program, which allows companies to enhance or deploy a full complement of e-business enabling infrastructure the same day an order is placed.

"Interlan's chief concern is providing our clients with every possible safeguard for rapid deployment of their e-commerce initiatives,"said Larry Kaplan, CEO and founder of InterLan. "MTI brings a world-class family of secure, reliable and scalable technologies to InterLan, which enhances our ability to meet our clients' e-commerce challenges and redefine the managed server space."

MTI's Vivant enterprise storage solutions will be implemented to protect InterLan's extensive Web hosting Internet Utility Center (IUC). Equipped with more than 10 terabytes of Vivant high-availability Fibre Channel based RAID storage, InterLan's IUC has become a prominent facility for customers worldwide who rely on the Internet as a critical business tool.

"Success depends on speed to market and the ability to deploy and service customers quickly so they can capitalize on e-commerce opportunities," said Tom Raimondi, MTI president and CEO. "With MTI's continuous access to online information, InterLan's QuickStart program is meeting market demands through an entirely new approach."

MTI locations worldwide offer a 24 x 7 customer support hotline, as well as local customized support options, guaranteed response time, multi-vendor expertise, full system consulting services and new equipment orientation. The Vivant features MTI's fault tolerant, scaleable technology that enables InterLan to expand storage to multiple terabytes of data.

About MTI Technology Corporation

MTI's mission is to provide Continuous Access to Online Informationsm through fault-tolerant, cross-platform data storage servers for the enterprise. MTI develops, manufactures, sells and services data server solutions for Global 2000 companies on a worldwide basis. Headquartered in Anaheim, Calif., the company offers services and support from more than 40 offices in the U.S. and Europe and complies with ISO 9001 quality system standards. MTI may be reached by phone: 800-999-9MTI or 714-970-0300, fax: 714-693-2256 or e-mail: info@mti.com. Information also can be accessed via MTI Online, the company's World Wide Web server on the Internet at mti.com .

About InterLan Technologies

InterLan Technologies' e-commerce enables small to mid-size companies in business-to-business and business-to-consumer markets by providing total e-commerce solutions in the managed server provider space. InterLan's Internet Utility Center (IUC), equipped with technology and security that is second to none in the industry, has become a premier facility for customers worldwide who rely on the Internet as a critical business tool.

InterLan recently completed $1 million in technology upgrades to the existing IUC in Cary, N.C. Future plans include a new, 65,000 square foot facility located in Research Triangle Park, N.C.; and expansion into three new Utility Centers in Denver, Seattle and Austin, Texas. For more information, visit InterLan at interlan.net .

QuickStart is a trademark of InterLan Technologies. MTI is a registered trademark. Continuous Access to OnLine Information is a service mark of MTI Technology Corporation.

This press release includes forward-looking statements, including statements regarding the company's product development plans, which are subject to change. The actual results may differ materially from those described in any forward-looking statement. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission including its Form 10-K for the year ended April 3, 1999.

--------------------------------------------------------------------------------
Contact:

InterLan Technologies, Research Triangle Park
Lane Weisman, 919/882-3068; lweisman@interlan.net
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