NASD: ALAN - Alanco Technologies:
(COMTEX) B: Alanco's Arraid Subsidiary Announces Hitachi OEM Partners
B: Alanco's Arraid Subsidiary Announces Hitachi OEM Partnership
SCOTTSDALE, Ariz., Feb 22, 2000 (BUSINESS WIRE) -- Alanco Technologies
Inc. (NASDAQ: ALAN), Tuesday announced that its subsidiary, Arraid
Inc., in conjunction with its Storage Area Network (SAN) initiative,
has executed an Original Equipment Manufacturer (OEM) agreement with
Nissei Sangyo America, Ltd., a subsidiary of Hitachi, Ltd. (Japan).
The OEM partnership focuses on Hitachi's leading RAID storage
technology, cited as "The World's Fastest Midrange Storage," which
incorporates Fibre/Fabric technology to provide unlimited data access,
centralized management, data protection, and flexibility, essential
requirements in a successful SAN implementation.
The Hitachi technology is compatible with the leading storage
management software and is geared for high-throughput in the NT and
Unix environments.
Arraid will capitalize on its multi-platform integration expertise to
deliver enterprise wide solutions specializing in Storage Area Networks
(SANs). Utilizing Hitachi's superior technology and its own development
and interoperability facilities, Arraid can now offer clients the
unique ability to run applications and data in a multi-vendor SAN
(COMTEX) B: Alanco's Arraid Subsidiary Announces Hitachi OEM Partners
B: Alanco's Arraid Subsidiary Announces Hitachi OEM Partnership
SCOTTSDALE, Ariz., Feb 22, 2000 (BUSINESS WIRE) -- Alanco Technologies
Inc. (NASDAQ: ALAN), Tuesday announced that its subsidiary, Arraid
Inc., in conjunction with its Storage Area Network (SAN) initiative,
has executed an Original Equipment Manufacturer (OEM) agreement with
Nissei Sangyo America, Ltd., a subsidiary of Hitachi, Ltd. (Japan).
The OEM partnership focuses on Hitachi's leading RAID storage
technology, cited as "The World's Fastest Midrange Storage," which
incorporates Fibre/Fabric technology to provide unlimited data access,
centralized management, data protection, and flexibility, essential
requirements in a successful SAN implementation.
The Hitachi technology is compatible with the leading storage
management software and is geared for high-throughput in the NT and
Unix environments.
Arraid will capitalize on its multi-platform integration expertise to
deliver enterprise wide solutions specializing in Storage Area Networks
(SANs). Utilizing Hitachi's superior technology and its own development
and interoperability facilities, Arraid can now offer clients the
unique ability to run applications and data in a multi-vendor SAN
environment prior to on-site implementation.
Backed by a complete array of professional service offerings, Arraid
features extensive end-to-end storage solutions and support.
"This is a very significant partnership for Arraid. Hitachi is a $66
billion company with an annual R&D investment in excess of $4 billion.
Their commitment to advanced storage technology will be a cornerstone
of Arraid's SAN offerings," stated Mike Flannery, Arraid vice president
of sales and marketing. "This leading Hitachi technology will be
privately labeled by Arraid and directly marketed nationally."
Arraid's SAN technology alliances and product offerings also include
Gadzoox, Brocade, Crossroads, Atto, Emulex, Jacor, Exabyte, Legato and
Veritas.
Alanco Technologies Inc. is an Arizona corporation headquartered in
Scottsdale. Alanco acquired Arraid Inc., a provider of network data
storage solutions, in October of 1999. Information regarding Arraid can
be obtained on its website: www.arraidsns.com. Alanco is traded on the
NASDAQ stock market under the symbol ALAN.
This press release contains statements that may be considered
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are
inherently uncertain, and the actual results may differ from
management's expectations.
Copyright (C) 2000 Business Wire. All rights reserved.
Distributed via COMTEX.
-0-
CONTACT: Alanco Technologies Inc., Scottsdale
Alanco Investor Relations, 480/607-1010
Web: www.alanco.com
or
RCG Capital Markets Group Inc.
480/675-0400
Web: www.rcgonline.com
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