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Technology Stocks : DSS: DLT finally open for trading -- Ignore unavailable to you. Want to Upgrade?

To: Robert Douglas who wrote (44)	9/9/1999 10:52:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 488

Robert et al, Quantum news received by e-mail... ( BW)(CA-QUANTUM/INSIGNIA)(DSS)(HDD)(INSGY) Insignia's Jeode Platform Selected By Quantum; Three Million Dollar Deal Aims to Establish Storage Industry Standard Business Editors/High-Tech Writers MILPITAS, Calif.--(BUSINESS WIRE)--Sept. 9, 1999--Quantum Corporation (NYSE:DSS) (NYSE:HDD) and Insignia Solutions(R) (Nasdaq:INSGY) jointly announced today that Quantum will license Insignia's Jeode(TM) EmbeddedJava(TM)-compatible software technology for future development of embedded intelligence in storage devices and systems. Under the terms of the agreement between the companies, Quantum will initially pay Insignia nearly three million dollars for a development use license, non-recurring engineering and maintenance fees, and pre-paid royalties. "The work Insignia is doing has tremendous potential to bring the distributed computing benefits of Java technology to storage devices and systems," said Peter van Cuylenburg, president of Quantum's DTL and Storage Systems Group (DSSG). "We evaluated the Jeode platform against the many different available technologies. Jeode clearly stood out from the pack, demonstrating performance, robustness and functionality that make it particularly well-suited to the needs of the storage industry." In May, Quantum announced its offer to acquire Meridian Data Inc., developer of the SNAP! Server(TM) line of storage appliances. The SNAP! Server contains its own storage operating system (OS), optimized for control of highly reliable network attached storage. The Jeode software can be integrated with the SNAP! OS, accelerating Quantum's initiative to develop software that supports embedded intelligence in storage devices and systems. "We're pleased that the one of the largest computer peripheral suppliers in the Fortune 500 has chosen the Jeode platform and delighted to provide an intrinsic part of a solution that will help the Jeode platform proliferate across the storage industry," said Richard Noling, president and chief executive officer of Insignia Solutions. "We share Quantum's vision of the benefits of establishing an intelligent storage platform, and are proud to be a part of this initiative." This news comes simultaneous to Insignia's announcement that it has completed Sun Microsystems' EmbeddedJava Technology Compatibility Kit (TCK) self-certification process. The newly-shipping 1.5.1 version of the Jeode platform is now the first independently-developed implementation of Sun's EmbeddedJava specification to pass the extensive TCK test process to ensure 100 percent EmbeddedJava technology compliance.