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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: SirRealist who wrote (81963)3/3/2000 10:40:00 AM
From: marquis103  Read Replies (1) of 108040
 
IISLF. Two favorite ingredients. Fiber and Israeli company. Have spun off the fiber SAN into Storage Networking Technologies, a wholly owned subsidiary. 8 7/8. Russ

Thursday March 2, 9:32 am Eastern Time

Company Press Release

StoreAge Networking Technologies Joins Fibre
Channel Industry Association -FCIA-

HAIFA, Israel--(BUSINESS WIRE)--March 2, 2000--StoreAge Networking Technologies joins the Fibre Channel Industry
Association (www.fibrechannel.com), an international organization of professionals in the Fibre Channel arena. Along with more than 200 members and affiliates in this organization, StoreAge is committed to delivering fibre channel technology to a broad base of industry applications.

``We are very excited to be working with the leaders in this industry to bring to the OEM partners the most updated solutions in this market' said Nelson Nahum, CTO of StoreAge.``This association includes members of the highest caliber in the Fibre Channel industry and we are pleased to add our efforts and experience to theirs in building the foundation for better Fibre Channel based solutions.'

StoreAge developed a Distributed Enterprise Storage architecture, based on multiple SAN Controllers, each running a hierarchy of software modules. These modules include RAID Manager, Volume Manager and a variety of file system independent Storage Applications. StoreAge's enterprise storage system operates in a heterogeneous, multi server, and multiple storage sub-systems distributed environment with central management facilitated via the internet/intranet using any standard browser.

StoreAge Networking Technologies Ltd. (www.store-age.com) is a privately held company formed to develop and provide
innovative storage solutions to the enterprise market with a focus on Storage Area Network (SAN) architecture. Founded in
January 1999 as a separately managed and operated subsidiary of IIS Intelligent Information Systems (NASDAQ: IISLF -
news) with substantial third-party equity investment. StoreAge holds all original IIS intellectual property related to storage and storage networking technology, including the innovative DistributedRAID(TM) technology. StoreAge seeks to increase and expand its cooperation with major OEM partners to provide advanced enterprise storage systems.

Contact:

StoreAge Networking Technologies Ltd.
Dana Cohen Tel: +972-4-832-9030 ext. 203,
dana@store-age.com
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