SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : International FiberCom, Inc. (NASDAQ- IFCI) -- Ignore unavailable to you. Want to Upgrade?


To: Charly who wrote (2786)7/13/1999 7:19:00 PM
From: Diamondhead  Read Replies (1) | Respond to of 3541
 
Let me help the IR company out. Okay, change the ADIC in this to IFCI.
I think we are paying to much for this IR firm again.

Thursday July 8, 6:44 am Eastern Time

Company Press Release

ADIC Added to Russell Indexes

REDMOND, Wash.--(BUSINESS WIRE)--July 8, 1999--Advanced Digital Information
Corporation (Nasdaq:ADIC - news) announced today that is has been added to the Russell 3000® and Russell 2000®
indexes, two of the leading indexes used to measure the performance of the largest U.S. companies based on total market
capitalization.

The Russell indexes serve among the leading benchmarks for investment evaluation, and, according to the Frank Russell
Company, more than $145 billion are invested in funds that use the Russell indexes as investment models.

''We're excited to be recognized among the most valuable companies in the country,'' commented Peter van Oppen, ADIC
Chairman and Chief Executive Officer. ''ADIC's inclusion in the Russell indexes is one more indication of the importance that
electronic information is assuming as the business community grapples with the problems and opportunities presented by the
Internet explosion and the emergence of applications such as e-commerce. ADIC has grown into one of the leading providers
of systems to manage and protect the data that increasingly runs the world's businesses.''

Each year, on May 31, the Frank Russell Company compiles and ranks the 3,000 largest U.S. companies by market
capitalization. The large cap Russell 1000® Index comprises the largest 1,000 companies in the ranking, while the Russell
2000® Index includes the 2,000 smaller cap members. The final listing is confirmed on June 30, and released in its entirety to
the public on July 8. More information about the Russell indexes is available at www.russell.com.

About ADIC

With more than 40,000 automated tape libraries installed as well as a suite of innovative software solutions and Storage Area
Networking (SAN) products, ADIC is a leading global provider in the growing market to manage and protect information in
computer networks. Marketed under ADIC, ADIC/GRAU and OEM partner brands, including Dell, Exabyte and Unisys, the
Company's automated tape libraries are available with DLTtape(TM), D2, half-inch, AIT, 4mm and 8mm tape technologies
and are supported by leading backup and storage management software products for Windows NT, UNIX and MVS
operating systems. The Company's own storage management tools include AMASS® direct data access software which
provides network users shared access to information stored in automated libraries. A pioneer in marketing products for Storage
Area Networks, ADIC offers Fibre Channel routers and tape libraries with direct Fibre Channel connectivity. Further product
information is available via the Internet at www.adic.com.

ADIC is a trademark of Advanced Digital Information Corporation. DLTtape is a trademark of Quantum Corporation. Russell
3000, Russell 2000, and Russell 1000 are trademarks of the Frank Russell Company. All other product, trademark, company,
or service names mentioned herein are the property of their respective owners.

Contact:

ADIC
Chris Willis or Emily Taggart, 425/881-8004
www.adic.com