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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: John Carragher who wrote (6553)5/27/1999 11:13:00 AM
From: bob gauthier   of 17183
 
Thursday May 27, 10:31 am Eastern Time
Company Press Release
EMC Names David A. Donatelli Vice President, New Business Development
12-Year EMC Executive Brings Wide Range of Experience To Key Strategic Group
HOPKINTON, Mass.--(BUSINESS WIRE)--May 27, 1999-- EMC Corporation, the world's leading provider of enterprise storage systems, software and services, today announced that David A. Donatelli has been named Vice President, New Business Development. As the leader of one of EMC's four key strategic organizations, Donatelli will be responsible for identifying new market opportunities, mergers and acquisitions, EMC's Internet Solutions business unit, and integrating new technologies and services into EMC's industry-leading portfolio of enterprise storage solutions.

EMC is recognized as a time-to-market leader in delivering new technology to customers. A key factor is the New Business Development organization's role in investing in companies developing new and emerging technologies with the potential to provide EMC's customers with improved ways to store, manage and protect their growing information repositories. Donatelli, a 12-year EMC veteran, has served in a number of senior management positions, most recently as Vice President and General Manager, EMC Data Manager (EDM) group. In his new role, Donatelli reports to Michael C. Ruettgers, EMC's President and CEO.

''EMC's intense customer focus allows us to understand our customers' current and future requirements and to proactively develop enterprise storage solutions to meet those needs,'' said Ruettgers. ''Few people within EMC have the breadth of experience and the track record of achievement that Dave Donatelli brings to the table. His broad understanding of EMC's business and the industry around us will help EMC stay ahead of the storage technology curve and enhance our market position.''

Since joining EMC in July of 1987, Donatelli has held key management positions in virtually every area of EMC. He served as the company's initial Vice President of Enterprise Alliances, developing and managing EMC's relationships with the world's leading software companies. Prior to that, Donatelli, as Vice President, developed EMC's open systems marketing program, helping propel EMC into the number one position in the open storage systems market in less than two years. He also served in a number of product management, marketing, customer service and operations roles in EMC's former mainframe and midrange divisions. He is a graduate of Boston College and received an MBA from Northwestern University's Kellogg School of Management.

EMC Corporation, a Fortune 500 company based in Hopkinton, Massachusetts, is the world's technology and market leader in the rapidly growing market for intelligent enterprise storage systems, software and services. The company's products store, retrieve, manage, protect and share information from all major computing environments, including UNIX, Windows NT and mainframe platforms. The company has offices worldwide, trades on the New York Stock Exchange under the symbol EMC, and is a component of the S&P 500 Index. For further information about EMC and its storage solutions, EMC's corporate web site can be accessed at emc.com.

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Contact:

EMC Corporation
Mark Fredrickson, (508) 435-1000 (ext.77137)
fredrickson_mark@emc.com

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