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Technology Stocks : Anacomp(ANCO) ready to rock

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To: Paul Lee who wrote ()5/24/2000 8:54:00 AM
From: Paul Lee   of 90
 
still in business
nStor Technologies Signs Maintenance Agreement With Anacomp; Anacomp's Global Field Service Business Will Support nStor's SAN Solutions

SAN DIEGO--(BUSINESS WIRE)--May 24, 2000--nStor Technologies, Inc. (AMEX:NSO) today announced it has signed an agreement with Anacomp(R), Inc. (Nasdaq:ANCO) to provide maintenance and support services for nStor's Storage Area Network (SAN) solutions.

The move is one in a series as nStor executes its strategy to build and deliver one-stop solutions to customers facing today's fragmented and confusing Storage Area Network (SAN) marketplace.

"We're building the ability to deliver complete, seamless SAN solutions by incorporating our core competency of innovative storage solutions, new nStor products and professional services, and tested and certified best-of-breed third-party products," said nStor President and CEO Larry Hemmerich.

"Anacomp is an ideal choice for us," he said. "Their field service business has an outstanding reputation -- both for its responsiveness and its technical expertise -- and they have the ability to service our wide range of customers."

Anacomp's Field Service business has more than 150 service points in North America, 70 service points in Europe and 500 professional technicians who provide 7x24 preventive maintenance, installation, repair, and software support.

"Anacomp's partnership with nStor showcases our multi-vendor support capabilities," said Jeff Cramer, senior vice president of Anacomp. "Our comprehensive service program, combined with our large presence in North America as well as our global reach and experienced service professionals, add value to nStor's premium product line."

About Anacomp, Inc.

Anacomp, Inc. is a leading provider of document-management solutions. With global operations backed by 30 years of outsourcing experience, Anacomp offers premium services and systems for virtually any business application. Anacomp is comprised of four business units: docHarbor(SM) (web-based storage and delivery services), Document Solutions (document-management services and software), Field Service (Anacomp and third-party equipment maintenance), and DatagraphiX(R) (systems, supplies, and manufacturing services). For more information, visit Anacomp's web site at www.anacomp.com.

About nStor

Headquartered in San Diego, California, nStor Technologies is a leading provider of highly integrated, enterprise-class Storage Area Network (SAN) solutions for computing operations that include Windows NT, Unix and Linux platforms. Designed for storage-intensive environments such as the Internet or other mission-critical applications, nStor's full range of products include the NexStor 802F and the NexStor 18F, the highest density Fibre Channel storage enclosures in the industry, as well as a complete set of SCSI, Tape and storage management solutions. nStor trades on the American Stock Exchange under the symbol NSO, and markets its products through a direct sales force and a global network of reseller and OEM partners. Additional information about nStor can be found by visiting the company's web site at www.nstor.com.
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