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Technology Stocks : DSS: DLT finally open for trading
DSS 1.200-1.6%3:53 PM EST

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To: Gottfried who wrote (45)9/9/1999 10:56:00 PM
From: Gottfried  Read Replies (1) of 488
 
Quantum gets an award...
[that and a $1.50 will get you a cup at Starbucks]

( BW)(CA-QUANTUM)(QNTM) Quantum Selected by CIO Magazine as One of 100
Companies Most Likely to Excel in 21st Century; Award Recognizes
Innovative Thinking, Strong Consumer Vision and Care for Employees

Business Editors/High-Tech Writers

MILPITAS, Calif.--(BUSINESS WIRE)--Sept. 9, 1999--Quantum
Corporation has been named by CIO Magazine as one of 100 international
companies most likely to succeed in the 21st Century.
The CIO-100 award spotlights firms that have demonstrated
innovation in their business practices and focused on enabling people
both within and outside the enterprise to work in a strategic and
creative way. Quantum is the only independent storage company to have
been selected in this year's awards, which included firms from
Finland, the United Kingdom, and the United States.
Curt Francis, vice president of Corporate Development, said,
"This award recognizes Quantum as a company which embraces creative
thinking, believes in the necessity of a world-class IT
infrastructure, and understands that employees are the key to its
success. We see the award as recognizing the people who have together
created an IT environment that provides such a remarkable foundation
for our competitiveness in the 21st century."
During 1999, Quantum has completed a number of major IS projects,
including standardizing its worldwide corporate data network to a
single system and rolling out global 8-digit dial and voice mail
system. Future projects include an enterprise project to replace
Quantum's customer service and repair application, and expanding a
comprehensive e-business platform for business-to-business over the
Internet.
Francis added, "Quantum is one of just a few companies today with
a genuinely unified, world-class global IS infrastructure providing a
platform for further developments, including e-commerce and
e-fulfillment. The IS function plays a highly strategic role in the
corporation's planning process. We are tightly focused on enabling
Quantum to achieve its goal of being a leader in the next generation
of technology-based enterprises, allowing us to participate at the
forefront of Internet and Intranet commerce."
Paul Roman, vice president of Information Services and acting
chief information officer at Quantum said, "The CIO award is very much
focused on people, and I believe it recognizes that Quantum has both
the people and the systems in place to implement great technology in
the future. For example, our project team system allows the IS
organization to access the talents and skills of the entire company in
a flexible way. This system, which is also used in other organization
throughout the company, brings diverse individuals together as a
dedicated team to accomplish a particular goal or initiative."
Roman also cites Quantum's philosophy of generating an
'extraordinary environment' as a basis for the award. "By this we mean
encouraging an atmosphere where everyone contributes towards the
success of the company. Quantum's values form the framework of an
environment where employees are empowered to use their talents and
energy to the full."
Quantum is also a winner of Fortune Magazine's 1998 100 Best
Places to Work awards -- the first and only storage company to achieve
this recognition.
Now in its twelfth year, the CIO-100 awards focus on companies'
ability to survive and succeed in the new millennium. Winners of this
year's CIO-100 were selected through a three-step process. First, a
panel of 18 distinguished academicians, consultants and analysts
nominated the companies they felt exemplified CIO magazine's criteria
for being well-positioned to succeed beyond 2000. Second, CIO magazine
staff conducted extensive research on the nominees. Finally, a team of
CIO editors and writers voted on the 100 companies they felt best
matched the requirements. Complete coverage of the 1999 CIO-100 Awards
is featured at www.cio.com.
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