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Technology Stocks : MTIC - Is this the next EMC? -- Ignore unavailable to you. Want to Upgrade?

To: gedale fenster who wrote (3568)	11/8/1999 7:17:00 PM
From: gmccon	Read Replies (1) \| Respond to of 3748

I can only describe the history. It always goes under 10.

To: gedale fenster who wrote (3568)	11/15/1999 2:23:00 PM
From: BostonView	Respond to of 3748

Recent MTIC news, but not widely circulated: WholeWeb.net Advances Search Engine Technology Utilizing MTI's Dataservices; Search Engine Partnership Paves the Way to Index the Whole Web DALLAS, Nov 11, 1999 (BUSINESS WIRE) -- WholeWeb.net, a joint venture dedicated to the development of the world's most comprehensive Web search engine, today announced that it has signed an agreement with MTI Technology Corp., who will provide the enterprise storage solutions necessary to support an effort to incrementally index the Internet. "Our agreement with MTI will allow WholeWeb.net to move forward the development of a second-generation Internet search engine," said Mark Armstrong, president of WholeWeb.net. "With our combined technological expertise, we are building a search engine that provides extremely high relevancy and comprehensive Web coverage with scalability that will continue to address future Web growth." WholeWeb.net's underlying VLDB (very large database) technology enables real-time querying and updating, and complex offline analysis processing. Its underlying core technology has been used commercially for over 10 years in mission-critical applications such as telephone billing and credit card processing. It brings blinding speed to queries and processing of extremely large databases, and at the same time, presents no significant degradation in speed as the database size and number of users increase. "We've known of the technology powering WholeWeb.net's search engine capabilities for some time now and are excited to be such an integral part in advancing this search engine technology," said Kevin J. Liebl, vice president of marketing at MTI Technology Corporation. "The Internet continues to grow at exponential rates and so does the need for advanced storage solutions. We are committed to providing the equipment necessary to accomplish WholeWeb.net's goals. MTI's DataServices(TM) enterprise storage solutions will protect WholeWeb's corporate assets with fault-tolerant, high-performance, scalable storage solutions." BV