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Technology Stocks : Network Appliance
NTAP 107.32+4.0%Nov 21 9:30 AM EST

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To: Miguel Octavio who wrote ()6/28/2000 10:12:00 AM
From: DownSouth   of 10934
 
Network Appliance and NetLedger Win DM Review's 2000 World Class Solution Award for Storage

Network Appliance? Customer Application with NetLedger Cited as "World-Class" by Panel of Experts

Sunnyvale, CA & San Mateo, CA - June 28, 2000 -- Network Appliance Inc., (NASDAQ: NTAP), the leading provider of network-attached data access and content management solutions, and NetLedger, Inc., the leading application service provider (ASP) that enables small businesses to run their companies totally online, announced that DM Review has awarded Network Appliance the DM Review 2000 World Class Solution Award in the storage category, based on its network-attached storage (NAS) implementation at NetLedger?.

NetLedger is the leading ASP to provide online accounting and business management applications for small businesses. Requiring reliable storage of and access to critical financial data for its customers, NetLedger selected Network Appliance as its corporate-standard storage solution provider. NetLedger has deployed multiple NetApp© F760 filers, the most powerful Network Appliance enterprise storage solution, to store the customer data files for its Oracle 8i? database in one of the world's most extensive Linux© environments.

"Network Appliance's success stems from our ability to address and service our customers needs," said Mark Santora, senior vice president of marketing at Network Appliance. "NetLedger, like most of our customers, requires a powerful and scalable storage infrastructure enabling reliable access to vital business and financial data. We were thrilled when NetLedger chose to standardize on NetApp F760 filers, and we are honored to receive the award from DM Review."

"Providing solutions for the management of and access to data is critical to NetLedger's core business function. This requires significant investments into next-generation storage solutions," said David Durkee, CIO of NetLedger, Inc. "The Network Appliance storage infrastructure delivers true reliability and scalability in a mission-critical environment, and enables us to deliver exceptional performance and service to our customers."

DM Review, rated the number-one business intelligence and data warehousing magazine in the United States, searched for solutions to problems based strictly on technology, not just products.

"Since 1996 DM Review has presented World Class Solution Awards to the leading providers of business intelligence and data warehousing solutions," said Ron Powell, publisher/editorial director of DM Review. "These world class solutions demonstrate how technology enables strategic corporate decision making for competitive advantage."

The Network Appliance customer relationship was chosen from more than 50 case studies. The submissions were judged by a panel of industry experts. All winners and judges will be featured in the September 2000 issue of DM Review. For more information visit the Network Appliance Web site at www.netapp.com or NetLedger at www.netledger.com or DM Review at www.DMReview.com.

About Network Appliance
Network Appliance, Inc., a veteran in network file serving and caching, has been providing data access solutions since 1992, and is a member of both the S+P 500 and NASDAQ 100 index. Major corporations and ISPs, including Lycos, Yahoo!, Citicorp Securities, Siemens, Lockheed, Cisco, Motorola, and Texas Instruments have deployed NetApp solutions. NetApp Internet caching solutions (NetCache? appliances) and file servers (filers) deliver fast, simple, reliable, and cost-effective access to network-stored data and enable simultaneous shared file services for UNIX©, Windows NT©, and the World Wide Web.

The company pioneered the concept of the "network appliance," an extension of the industry trend toward dedicated, specialized products that perform a single function. Network Appliance filers and NetCache appliances are based on the company's innovative data access software known as the Data ONTAP? operating system and standards-compliant hardware.

About NetLedger
NetLedger, Inc., the leading application service provider (ASP) that enables small businesses to run their companies totally online, delivers the industry's first Web-based accounting platform. NetLedger is committed to delivering seamlessly integrated business applications that combine enterprise performance and reliability with unprecedented ease of use and low prices. The company's standard offering includes NetLedger?, a full-featured, multi-user, Web-based accounting solution for small businesses and organizations, available at $4.95 per month, per user; NetLedger? Basic, a free Web-based business finance solution for small businesses and organizations; and NetLedger? Personal, a free Web-based personal finance solution for the consumer. NetLedger was founded in 1998 and is headquartered in San Mateo, Calif. NetLedger delivers enhanced, integrated solutions to small businesses through its strategic partnerships including Automatic Data Processing Inc., (NYSE: AUD), OfficeMax (NYSE: OMX), OneCore.com, Stamps.com (Nasdaq: STMP), New England Business Service (NYSE: NEB), CyberBills, Red Gorilla, BigStep.com and Innovative Merchant Solutions. For more information about NetLedger visit the Web site at www.netledger.com.

About DM Review
DM Review provides timely, high-quality editorial for corporate, line of business and IT management by covering business intelligence, e-business and data warehousing issues and solutions from both perspectives?business and technology. To receive a free subscription, visit www.dmreview.com.

Press Contact:
Jaime Leigh Jinks
Network Appliance, Inc.
(408) 822-3761
jjinks@netapp.com
Mei Li
NetLedger, Inc.
(650) 627-1063
meili@netledger.com

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