EMC Reiterates Positive Outlook for 1999; Extensive
Customer Surveys Indicate No Anticipated Decline in
Storage Spending
Business Wire - April 15, 1999 13:09
HOPKINTON, Mass.--(BUSINESS WIRE)--April 15, 1999--EMC Corporation today announced
that recent surveys of hundreds of customers indicate that enterprise storage spending will remain
strong throughout 1999. The company reiterated its expectation that revenue and net income growth
will exceed 30% in 1999, as organizations continue to rely on EMC's leadership enterprise storage
systems and software to provide the infrastructure for their growing volumes of information.
EMC continually surveys customers regarding future spending intentions and their overall satisfaction
with EMC products and services. The results of the latest survey, which included more than 250
customers and was conducted during the first quarter of 1999, indicate robust demand throughout
1999.
EMC Corporation, based in Hopkinton, Massachusetts, is the world's technology and market leader in
the rapidly growing market for intelligent enterprise storage systems, software and services. The
company's products store, retrieve, manage, protect and share information from all major computing
environments, including UNIX, Windows NT and mainframe platforms. The company has offices
worldwide, trades on the New York Stock Exchange under the symbol EMC, and is a component of
the S&P 500 Index. For further information about EMC and its storage solutions, EMC's corporate
web site can be accessed at emc.com.
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