hio
appreciate all your contributions to this thread. heres an interesting read......
For Immediate Release
Computer Technology Innovators Join Forces
to Launch New Server Company, RLX Technologies
HOUSTON, TX, January 16, 2001 – Led by an impressive team of hi-tech industry veterans who helped revolutionize the server industry, RLX Technologies, Inc. today announced plans to introduce a new class of servers that promise to "redefine server economics."
The RLX management team is headed by CEO Gary Stimac, who led Compaq Computer's Systems Division and oversaw the development of the first Windows/Intel server platforms. Joining Stimac is President and COO Michael Swavely, who was the former president of Compaq's North America operations, RLX Co-Founder and Chairman John R.W. Cracken, and RLX Co-Founder and Chief Technology Officer Chris Hipp. In addition, nearly a dozen others have joined the new company's management team in the last 30 days, including industry executives with years of experience at companies such as Alcatel, AltaVista, Compaq, Dell, Nortel and Sun.
Code named "Razor," the RLX servers – which will be introduced and shipped during the first half of this year – will incorporate the Transmeta™ Crusoe© x86-compatible microprocessor and support Linux, Microsoft Windows 2000 ServerTM and other leading operating systems.
"Every five to ten years, new technologies come together at the right time to address key strategic issues in the marketplace. Stories concerning energy, economics and the environment are covering the front pages and airways of our leading newspapers, magazines and broadcast mediums. With the powerful combination of the RLX unique system server design and other engineering advances, we have created a new class of server to meet these marketplace challenges head on," said Gary Stimac, CEO of RLX Technologies.
"The company vision is crystal clear: Our goal is to redefine server economics," continued Stimac. "With a solid executive team in place and groundbreaking server technology, RLX is ready to rapidly capture market share and become the leading supplier for this server segment."
"The revolutionary new Razor server platform will deliver breakthrough improvements in overall business operations efficiency and bottom-line profitability for Internet Data Centers," said RLX President and COO Michael Swavely. "High density, low power and low heat generation, along with our fast deployment features, will reduce the time, effort and cost of bringing new customers on-line," said Swavely.
"The combination of the Transmeta Crusoe processor with the RLX server represents a significant technology advance for customers," said Transmeta CEO Dave Ditzel. "The Razor server provides unparalleled customer benefits, and all from a team that set the course for the server marketplace. RLX customers are the ultimate beneficiaries, as this team once again raises the industry's competitive bar."
The technology advances of Razor's unique patented design and engineering features break new ground in addressing the economic challenges faced by Internet Data Center customers, including: Deployment time, space, power consumption, heat, reliability and capital utilization. This is the first RLX product out of a family of products that are planned to meet the needs of this marketplace.
RLX is entering into the beta stage of product development for the new server platform and is working closely with a domestic manufacturer that offers global capabilities to conduct the fulfillment, technical service and support of its hardware platform. The company plans a build-to-order direct delivery model.
Funding and Management Team
RLX Technologies' executive team has invested several million dollars of their own finances in the company start-up. To date, the RLX executive team, angel and local private institutional investors have invested approximately $19 million in RLX Technologies. The company is currently raising an additional round of private financing. |
