McDATA Announces New Human Resources Vice President
Former StorageTek Vice President to Drive Resource Management for McDATA's Strategic Growth
BROOMFIELD, Colo., Oct. 29 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA - news, MCDT - news), the worldwide leader in open storage networking solutions, today announced that Karen Niparko has been named Vice President of Human Resources. Niparko, who most recently was an executive consultant for Corporate Solutions, Inc., a human resources/business operations consulting firm, will be responsible for all human resources operations at McDATA. Prior to Corporate Solutions, Niparko served as the chief administrative officer and corporate vice president for StorageTek. At StorageTek, Niparko was responsible for all human resources, health and safety and facilities/real estate functions on a worldwide basis.
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``Karen has extensive human resources experience, and a proven track record of effective leadership,'' said John Kelley, chief operating officer for McDATA. ``As McDATA continues its course of rapid growth, it is important that we have the leadership in place to handle that growth wisely. Karen brings the talent and experience necessary to accomplish that important job.''
Niparko brings more than 20 years of human resources and business operations experience in areas of recruitment, compensation, benefits, employee development, and employee communications. Niparko holds a bachelor's degree in behavioral sciences from the University of Michigan and a master of business administration degree in human resources management from the University of Colorado. She has also completed the Leadership for Senior Executives Program from Harvard University.
``I am excited to join McDATA, the clear leader in such an exciting and fast-growing industry,'' said Niparko. ``I look forward to leading McDATA's human resources operations as it continues to grow and lead the industry with its core-to-edge line of enterprise SAN solutions.''
About McDATA (www.mcdata.com)
McDATA (Nasdaq: MCDTA - news, MCDT - news) is the worldwide leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA's core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.
Forward-Looking Statements This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms ``believes,'' ``belief,'' ``expects,'' ``plans,'' ``objectives,'' ``estimates,'' ``anticipates,'' ``intends,'' ``targets,'' or the like to be uncertain and forward- looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationship with EMC Corporation and IBM and the level of their orders, the impact of the general economic slowdown and the recent terrorist attacks on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation (which will require contract modifications with our contract manufacturer) of an ``outsourcing-focused'' manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, our ability to secure one additional OEM channel in 2001, a loss of any of our key customers (or our OEMs' key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward- looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: McDATA Corporation |
