Another OEM deal for PTIX enjoy.
Stratus Selects Performance Technologies' IPnexus(TM) Products for Continuously Available IA32 Server Platform
ROCHESTER, N.Y., Jun 24, 2003 /PRNewswire-FirstCall via COMTEX/ -- Performance
Technologies (Nasdaq: PTIX), a leader in unified systems design for the
communications, military and commercial markets, today announced that Stratus
Technologies, Inc. is using several of the company's IPnexus(TM) products in its
Intel processor-based, fault-tolerant server platforms. This opportunity is
representative of Performance Technologies' ability to integrate its IPnexus
hardware and software products into development platforms based on the PICMG(R)
2.16 architecture.
The Stratus server solutions provide continuous uptime and protection of key
data for applications such as banking, securities and exchanges, and retail
transactions. Stratus is using Performance Technologies' packet-based IPnexus
products and architecture to facilitate the transmission and communication of
transaction data for these business-critical applications.
"Stratus servers eliminate the complexities associated with cluster deployments,
while also delivering significantly better uptime performance," said Jon
Malinsky, business line manager, Continuum products, Stratus Technologies.
"Performance Technologies helped Stratus by offering a highly reliable product
family designed around a robust packet-switched form factor. As a result, we are
able to offer the most simple, ultra-reliable server solutions in the industry."
"Stratus' reputation is based on delivering high availability transaction
servers," said Ed Bizari, director of marketing for Performance Technologies.
"Our IPnexus products are based on open-architecture standards. For Stratus,
that meant reduced design complexity and time-to-market and an increase in
overall system reliability and performance. As a leading developer of such
standards-based products, we look forward to a continuing relationship with
Stratus Technologies."
Stratus is using products from Performance Technologies' PICMG(R) 2.16-
compatible IPnexus product family. These products include the ZT 5088e chassis
and CPC4406 switch, making an extremely flexible foundation for highly reliable
systems, along with the CPC388 and CPC358 communications networking products and
the company's Linux-based NexusWare(TM) software environment. This combination
created a feature-rich integrated development platform on which Stratus was able
to build their IA32 applications.
About Stratus Technologies
Originally founded in 1980, Stratus Technologies delivers continuously available
platforms with unmatched operational simplicity, providing a compelling
financial advantage to our customers. Stratus also licenses technology for
continuous computing on Intel processor-based platforms to other global
manufacturers. Stratus has been named by FORTUNE magazine as one of the 2002
"FORTUNE(R) 100 Best Companies to Work For." Stratus is a U.S. Microsoft Gold
Certified Partner.
About Performance Technologies
Performance Technologies (Nasdaq: PTIX) is a leading developer of embedded
computing products and system-level solutions for equipment manufacturers and
service providers worldwide. With competencies in compute platforms, IP/Ethernet
switching, communications software, wide area networking, SS7/IP interworking
and high availability, the Company offers unified products for existing and
emerging applications. Serving the industry for over 20 years, the Company's
solutions focus on time-to-market, performance and cost advantages for companies
in the communications, industrial, military and medical markets.
Performance Technologies is headquartered in Rochester, New York. Additional
operational and engineering facilities are located in San Diego and San Luis
Obispo, California and Ottawa, Canada. For more information, visit www.pt.com.
Forward Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor"
for certain forward-looking statements. This press release contains
forward-looking statements which reflect the Company's current views with
respect to future events and financial performance, within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and is subject to the safe harbor provisions of those
Sections.
These forward-looking statements are subject to certain risks and uncertainties
and the Company's actual results could differ materially from those discussed in
the forward-looking statements. These risks and uncertainties include, among
other factors, general business and economic conditions, rapid or unexpected
changes in technologies, cancellation or delay of customer orders including
those relating to design wins, changes in the product or customer mix of sales,
delays in new product development, customer acceptance of new products and
customer delays in qualification of products. These statements should be read in
conjunction with the audited Consolidated Financial Statements, the Notes
thereto, and Management's Discussion and Analysis of Financial Condition and
Results of Operations of the Company as of December 31, 2002, as reported in its
Annual Report on Form 10-K and other documents as filed with the Securities and
Exchange Commission.
Note to Editors: Brand or product names are registered trademarks or trademarks
of their respective holders.
SOURCE Performance Technologies
CONTACT: Ed Bizari of Performance Technologies, +1-585-256-0200,
ejb@pt.com
URL: pt.com |
