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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: John E. Mansfield who wrote (17883)9/1/1998 3:22:00 PM
From: Kelly Igou  Read Replies (3) of 29386
 
This must be the reason they were drinking champagne!

Ancor to Provide Gigabit Switching for Installation Phase of Boeing's AWACS Program
PR Newswire - September 01, 1998 15:13

Company Announces Additional Contract of $1.9M for AWACS Upgrade

MINNEAPOLIS, Sept. 1 /PRNewswire/ -- Ancor Communications, Inc. (Nasdaq: ANCR) announced today that it has received an additional contract for approximately $1.9M from aerospace and defense industry leader Boeing (NYSE: BA) for several GigWorks Fibre Channel switches. The switches, expected to ship in the fourth quarter of 1998, will be used for Boeing's 707 Airborne Warning and Control System (AWACS) Extend Sentry Program, an AWACS upgrade program currently being implemented by the company's Information, Space & Defense Systems group.

Ancor President Cal Nelson said the GigWorks Fibre Channel solution has proven itself up to the challenge to perform in the AWACS environment, where mission-critical command and communications systems cannot be compromised.

Ancor's GigWorks switches will be installed as part of an overall upgrade of the AWACS aircraft. The switches will be a component of an on-board network that will deliver important radar and command control data for decision support.

About Fibre Channel

Fibre Channel is an ANSI-standard, high-speed, low-latency data communications technology that provides gigabit-per-second transmission rates in storage/server environments and high-performance networks. Ancor GigWorks(TM) products combine the speed and simplicity of channels with the flexibility of networks to solve bandwidth problems caused by the transfer of large data files among storage, server and client nodes in high-performance compute environments. Ancor Fibre Channel products provide optimal speed and throughput for data-intensive applications such as shared storage, CAD/CAM, visualization, data mining and file backup.

About Ancor Communications

Ancor Communications, Inc. (Nasdaq: ANCR) provides GigWorks(TM) high-performance storage and data-intensive network solutions based on Fibre Channel technology. The company was the first to deliver a Fibre Channel switch, and the first to top the one-gigabit performance level. Ancor is a member of the Fibre Channel Association, the Storage Network Industry Association, the ANSI Standards Committee and the University of New Hampshire Fibre Channel Consortium to promote the advancement of Fibre Channel standards and interoperability. Information on Ancor is available on the World Wide Web at ancor.com

GigWorks(TM), ANCOR(TM) and the Ancor logo are the marks and property of Ancor Communications, Inc.

For more information about Fibre Channel technology and Ancor Fibre Channel solutions, call 800-342-7379 or access World Wide Web site ancor.com

Forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 are qualified by the risk factors outlined in the documents Ancor Communications, Inc. files with the Securities and Exchange Commission.

SOURCE Ancor Communications, Inc.

/CONTACT: Mary Miller of Ancor Communications, 612-932-4071,
marym@ancor.com or Aaron Pearson of Shandwick, 612-841-6217,
apearson@shandwick.com, for Ancor/

/Web site: ancor.com

(ANCR BA)

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