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Technology Stocks : Anacomp(ANCO) ready to rock

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To: Paul Lee who wrote ()6/6/2000 8:24:00 AM
From: Paul Lee   of 90
 
Anacomp(R) Technical Services and SEEK Systems Sign Maintenance Agreement

Anacomp to Provide Turn-Key Service and Support for SEEK's

Industry-Leading RAID Product Line

SAN DIEGO, June 6 /PRNewswire/ -- Anacomp Technical Services, a business unit of Anacomp, Inc. (Nasdaq: ANCO) and a leading global provider of multi-vendor solutions support, today announced that it has entered into an agreement with SEEK Systems, Inc., a leader in memory-based storage solutions, to provide 7x24 service and support for SEEK's Adaptive RAID(R) product line.

SEEK's Adaptive RAID(R) product line bridges the gap between high-performance transaction processing and high levels of fault tolerance. Adaptive RAID's unique feature set includes dynamic allocation of RAID levels, intelligent caching, and concurrent multi-hosting of UNIX and NT servers.

"We are experiencing significant growth in the e-commerce and dot-com markets that has created a greater demand for 7x24 support," said Bruce Rodgers, Chief Operating Officer of SEEK Systems. "We entered this agreement with Anacomp to compliment our own factory-based support programs for several reasons. Anacomp has a reputation for responsiveness and customer service, they have a significant presence in the geographies and markets where we do business, and they have experience supporting this type of technology. We already enjoy relationships with a number of mutual customers, so we're not starting our relationship from ground zero."

"Our partnership with SEEK Systems is part of our continued commitment to building capabilities in the RAID and network solutions area," said Jeff Cramer, senior vice president of Anacomp and general manager of its Technical Services business. "SEEK's high-performance storage systems, combined with Anacomp's high service levels, scope, and technical expertise, deliver exceptional performance and value to customers."

About SEEK Systems

SEEK Systems, Inc., is a 17-year old manufacturer of high-performance memory-based storage solutions. SEEK System's portfolio consistently deliver dramatic I/O performance increases. Products include the Adaptive RAID family of data storage systems, and the Xcelerator, an "adaptive" solid state disk (SSD) platform for speeding users existing disk arrays. All SEEK Systems storage solutions offer unique performance and management software that configures, monitors, and optimizes system I/O performance in applications with intensive disk activity (e.g., database queries, email, Internet-based storage)
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