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Technology Stocks : Tricord Systems (TRCD)

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To: Brian Moore who wrote (767)4/9/2001 8:34:58 AM
From: The O   of 773
 
Tricord Awarded Computer Technology Review ``Editor's Choice''
April 09, 2001 08:11:00 AM ET

PALM DESERT, Calif.--(BUSINESS WIRE)--April 9, 2001-- Influential Editor Ferelli Picks Lunar Flare NAS as a Top Pick for 2001

Tricord Systems announced today at the Storage Networking World conference that it has been awarded "Editor's Choice" from Computer Technology Review (CTR) Magazine. Editor-in-Chief Mark Ferelli awarded Tricord the honor for it's initial server appliance product, Lunar Flare(TM) NAS.

Ferelli's Editor's Choice review, "Tricord Perfects Industry's First Clustered Server Appliance," appears in the latest issue of CTR. "Conspicuous by its absence was downtime, user interruption and administrative burdens," said Ferelli of Lunar Flare NAS, Tricord's scalable, high availability general file serving product.

"CTR has its pulse on many interesting technologies in the storage and appliance market, so we're very pleased to receive `Editor's Choice'," says Greg Dahl, Tricord vice president of marketing and business development. "This award is another strong validation of the value of Lunar Flare NAS and our appliance aggregation strategy and we thank CTR and Mark Ferelli for the honor."

Enabled by Tricord's patented Illumina(TM) aggregation software, customers can grow their storage by simply adding individual Lunar Flare NAS appliances to create a cluster, managed as a single resource. By eliminating capacity planning requirements, complex management, and the associated costs, Lunar Flare NAS allows administrators to add storage with no downtime, no user interruption and nearly effortless administration.

About CTR and The Editor

Regarded as one of the most influential editors in the high tech arena, Ferelli is the recent recipient of the 2000 PRESStige Award CEO's Choice for Technology. Computer Technology Review, founded in 1981, is the only all-technology publication in the integration/reseller channel. The publication covers new and emerging technologies across the entire spectrum of computer systems technology. For information or to subscribe, visit www.ctrtab.com.

About Tricord

Tricord Systems, Inc. designs, 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 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. For more information, visit www.tricord.com. "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, including the Company's expectations regarding the release of its products. 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 in a timely manner, the ability to generate revenues at a level that meets expectations, the ability to successfully establish and maintain a competitive position in the server appliance market, the ability to enter into partner relationships or otherwise develop distribution capabilities, the market acceptance of the Company's products, the ability to protect and enforce its intellectual property rights, the ability to hire and retain required personnel, the ability to raise additional capital if required, the ability 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. The Company undertakes no obligation to update any forward-looking information.

© 2001 BusinessWire

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