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Technology Stocks : Network Appliance

NTAP 109.84

-1.0%

3:59 PM EST

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From: JakeStraw	6/11/2007 11:36:58 AM
	of 10934

NetApp(R) Storage Software Growth Continues to Outpace the Market biz.yahoo.com Monday June 11, 7:00 am ET Closes Gap on Replication Software Market Leader SUNNYVALE, Calif.--(BUSINESS WIRE)--Network Appliance, Inc. (NASDAQ:NTAP - News) announced today that it continues to gain momentum in the storage software market, growing the fastest among the 10 leading storage software providers both sequentially (Q4'06-Q1'07) and year over year (Q1'06-Q1'07). According to IDC's Worldwide Quarterly Storage Software Tracker Q1 2007(1), NetApp grew 10 times faster than the overall storage software market from Q4'06 to Q1'07, and maintained or gained share in each submarket segment in which it provides offerings. According to IDC, NetApp also maintained the number two market share position in the storage replication software market, closing the gap on the market leader.

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