Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Network Appliance -- Ignore unavailable to you. Want to Upgrade?

To: DownSouth who wrote (1215)	7/19/1999 9:31:00 AM
From: Beltropolis Boy	Read Replies (1) \| Respond to of 10934

Ford Select Network Appliance NetCache Solution for Global, Enterprise Web Infrastructure Business Wire July 19, 1999, 6:18 a.m. PT SUNNYVALE, Calif.--(BUSINESS WIRE)--July 19, 1999--Network Appliance, Inc. (NASDAQ: NTAP), a leading provider of dedicated cache appliances, today announced that Ford Motor Company (NYSE: F) has chosen the Network Appliance(TM) NetCache(TM) system as its enterprise caching solution for over 70,000 Internet users in its worldwide organization. NetCache appliances are the industry's leading Web caching solution and are deployed internationally in both corporate and ISP network infrastructures. After performing an extensive evaluation of Web proxy and cache vendors, the NetCache system was selected by Ford for its strong enterprise features. The NetCache appliance will enable corporations like Ford to grow their networks as new Internet technologies emerge, while ensuring optimum performance for end users. According to Peter Christy, Principal at Collaborative Research (Los Altos, Calif.), "As Web technology is increasingly used to implement business systems, the caching industry is experiencing growing interest from enterprise customers who want to accelerate both Internet content and corporate intranet data to increase employee productivity. The NetCache solution is especially attractive to corporate customers because in addition to high performance, fast access to Internet information, the integrated features such as content filtering and user group access controls provides benefits that will help enterprises provide a business-appropriate work environment." Collaborative Research estimates that the caching industry will grow from $90 million in 1998 to about $500 million by the year 2000. "Ford's decision to standardize on NetCache appliances is demonstrative of what we're seeing across the enterprise industry," said Larry Kubo, vice-president of marketing for Network Appliance. "Fast, reliable access to information from any office or location around the world is mission-critical to businesses. By using NetCache appliances to put that Internet and intranet information closer to employees, enterprise corporations are increasing the performance of their network infrastructure, which will ultimately result in a more secure, productive work environment."