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Technology Stocks : Tricord Systems (TRCD)

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From: jcmoore12/6/2000 11:38:19 PM
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Tricord to Announce Revolutionary NAS Product and `Appliance Aggregation' Strategy At December 11 Webcast
MINNEAPOLIS--(BUSINESS WIRE)--Dec. 6, 2000--Tricord Systems, Inc. (Nasdaq:TRCD - news) will announce its initial server appliance, Lunar Flare(TM) NAS and the Company's strategy for its revolutionary Illumina(TM) aggregation software during a live audio/video webcast at 12:00 p.m. EST on December 11, 2000.

The event will be webcast live from The Hill School in Pottstown, PA, an institution well known for its progressive use of technology and partnerships with leading technology companies. Featuring the commentary of leading industry analysts Robert Gray of IDC and Steve Duplessie of The Enterprise Storage Group, the webcast also will offer customer viewpoints and a demonstration of Tricord's revolutionary product and enabling aggregation technology.

The webcast will begin at 12:00 p.m. EST on December 11, 2000. Registration is required; please visit webevents.broadcast.com to register and to obtain complete instructions for launching the webcast.

Tricord Systems Inc. develops and markets innovative server appliances for content-hungry applications. The core of Tricord's revolutionary new technology is its patented Illumina(TM) software that aggregates multiple appliances into a cluster, managed as a single, shared resource. Radically easy to deploy, manage and grow, Tricord's products allow users to add capacity to a cluster with minimal administration. Appliances are literally plug-and-play, offering seamless growth and continuous access to content with no downtime. The technology is ideally suited for applications including general file serving, web serving, email and caching. Founded in 1987, Tricord is based in Minneapolis, MN with offices in Colorado, California and Georgia.

``Safe-Harbor'' Statement Under Private Securities Act of 1995: The statements contained herein that are not historical facts contain forward-looking information with respect to plans, projections or future performance of the Company. There is no guarantee or assurance that these plans, projections or future performance of the Company as indicated will be achieved, and actual results could differ materially. Factors, certain risks and uncertainties that could impact the Company's future results include, without limitation, the ability of the Company to complete development and release commercially its server appliance products, the ability to enter into OEM relationships or otherwise develop distribution capabilities, the market acceptance of Tricord-enabled products, the ability of the Company to protect and enforce its intellectual property rights, the ability of the Company to raise additional capital if needed and to maintain its cost structure in accordance with its operating plan, and other risks and uncertainties detailed in the Company's filings with the Securities and Exchange Commission.

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Contact:

JWT Specialized Communications
Matt Harris,
314/432-6300
or
Tricord Systems, Inc, Minneapolis
Elizabeth Hersey,
763-551-6609
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