News release posted on website:
ARRAID SAN Initiative
Exabyte Gadzoox Legato Legato Advisory Counsel Crossroads MetaStor Shareholder Presentation Contact: Fred Lancing, Marketing Program Manager ARRAID, INC. Phone: 623-582-4592 Fax: 623-582-4321 E-mail: flancing@arraid.com
Announcement:
ARRAID, Inc. Launches SAN Initiative
(PHOENIX, AZ. - November 11, 1999)- Arraid, Inc. an Alanco Technologies, Inc. (NASDAQ: ALAN) company, today announced a highly focused Storage Area Network (SAN) initiative. The SAN initiative will address the rapidly growing needs of business to competitively manage the exploding growth of data.
Founded in 1993, Arraid has evolved from being a leader in disk and tape drive emulation products into a total data system provider. Today?s announcement focuses the future marketing direction of Arraid into the next generation of data storage technology, the SAN.
Arraid has forged partnerships with major SAN technology vendors such as Exabyte, Gadzoox, Legato, Crossroads, and MetaStor, among others, to provide the newest technologies available. Combined with the company?s established expertise in protocol emulation, these partnerships allow Arraid to be positioned as a leader in the SAN arena.
Arraid has implemented an aggressive SAN strategy:
ú Redirection of Resources ú Aggressive Staffing Expansion ú Technology Leadership Through Select Alliance Partners ú Dedicated SAN Research & Development ú Expert Skill-Set Enhancement
The October 1999 acquisition of Arraid, Inc. by Alanco Technologies, Inc., will provide the financial resources necessary to execute the SAN expansion initiative. As presented at the November 5, 1999 Alanco shareholders? meeting, the detailed presentation of Arraid?s three year SAN expansion program is available at www.arraidsns.com.
Arraid, Inc. is headquartered at 26 West Lone Cactus Drive in Phoenix, Arizona, 85027. More information may be obtained at Arraid?s website: www.arraidsns.com, via e-mail: info@arraid.com.
Arraid is a wholly owned subsidiary of Alanco Technologies, Inc. an Arizona corporation, headquartered in Scottsdale. Alanco is traded on the NASDAQ stock market under the symbol ALAN.
Information and statements contained in this release have been compiled internally or from external sources which are believed to be reliable. The information and statements may be considered forward-looking 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. No representation or warranty is made as to the accuracy or correctness of any of the information contained herein.
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Our Development Partnerships
Shareholder Presentation PDF Slideshow -------------------------------------------------------------------------------- ¸ ARRAID, Inc. 1999, 26 West Lone Cactus Drive, Phoenix , Arizona USA 85027 Telephone : (623) 582-4592, Toll Free: (877)582-4592, Fax : (623) 582-4321, E-mail: info@arraid.com Last Updated 11/11/99 page design by Web-Writer
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