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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 8.900

-3.2%

3:59 PM EST

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To: Ed Perry who wrote (6380)	3/21/1999 12:22:00 AM
From: Chris Elsass	Read Replies (1) of 17679

Looks like IBM is jumping into the Internet Backup Storage Services Arena. This market was designed for Ampex. I hope they arrive soon. $20 per month seems very reasonable for this service. cnn.com It's in the Vault In related news, IBM launched its PC Data Vaulting service, which protects desktop and notebook PC data from disasters such as accidental deletion and corruption of files, system failure, or theft. This service automatically stores multiple copies of data in off-site locations. Files stored on the hard drive are automatically backed up to an IBM secure data center whenever the PC is connected to the Internet. The PC Data Vaulting service can retrieve documents that have been deleted from a PC in 30 seconds over the Internet, IBM said. In the event of a system failure or theft, all contents of the user's hard drive can be delivered on a CD-ROM overnight. Available now, a subscription to the service costs $20 per month. The IBM service uses file-comparison technology that backs up only the parts of files that have changed, allowing users to connect with dial-up or leased line, said James Sciales, an IBM spokesperson. "The technology incorporated into the service is best-of-breed for backup scaled down for small businesses in order to level the playing field," said Sciales.

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