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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Bob Frasca who wrote (155709)	3/29/2000 4:32:00 PM
From: austinfiber	Respond to of 176387

Check out: dell.com Kemble is going to love Tom's quote: "This is an extraordinary opportunity for Dell to continue to evolve in providing great value to its customers and shareholders," said Mr. Meredith. "For all of our successes, we believe these are the early days of our most exciting period yet, and Dell Ventures will play a key role in the next era of Dell's evolution and growth."

To: Bob Frasca who wrote (155709)	3/29/2000 4:58:00 PM
From: D.J.Smyth	Respond to of 176387

Wednesday March 29, 4:11 pm Eastern Time Company Press Release Dell Ventures Activity Expanded to Include Incubation Thomas J. Meredith Appointed a Managing Director of Investment Group ROUND ROCK, Texas--(BUSINESS WIRE)--March 29, 2000--Dell (Nasdaq:DELL - news) announced today that it will broaden the activity of Dell Ventures to include equity investments and incubation services for early-stage private companies, and has appointed Thomas J. Meredith a managing director of the group. Meredith, who had been Dell's chief financial officer for more than seven years, joins Alex C. Smith as a managing director of Dell Ventures. Both report to the Office of the Chief Executive Officer. According to Michael Dell, chairman and chief executive officer, Dell Ventures' incubator capabilities will go beyond investing in companies to include assistance with strategy development and providing access to professional services. ``We are particularly interested in early-stage companies with products and services which have the potential to create breakthroughs in the evolving Internet age, with an aim to integrate those products and services into Dell's business and drive our future growth,' said Mr. Dell. ``Our investments in these companies will accelerate their development, and allow us to continue to lead the industry in computing and services for the Internet.' Since its formation in April 1999, Dell Ventures has invested in excess of $700 million in more than 90 companies, including Red Hat Inc., StorageNetworks Inc. and Sina.com. Dell's investments have focused on companies developing tools that build, power, use and service the growing Internet infrastructure for business-to-business and business-to-consumer commerce. Dell Ventures is owned entirely by the company. More information on Dell Ventures can be obtained at www.dell.com/dellventures. James M. Schneider, who had been the company's senior vice president, finance, was introduced today as the successor to Meredith as Dell's chief financial officer. ``This is an extraordinary opportunity for Dell to continue to evolve in providing great value to its customers and shareholders,' said Meredith. ``For all of our successes, we believe these are the early days of our most exciting period yet, and Dell Ventures will play a key role in the next era of Dell's evolution and growth.' About Dell Computer Corporation Dell Computer Corporation is the world's leading direct computer systems company, based on revenues of $25.3 billion for the past four quarters, and is a premier provider of products and services required for customers to build their Internet infrastructures. The company ranks No. 78 on the Fortune 500, No. 210 on the Fortune Global 500 and No. 3 on the Fortune ``most admired' lists of companies. Dell designs, manufactures and customizes products and services to customer requirements, and offers an extensive selection of software and peripherals. Information on Dell and its products can be obtained on the World Wide Web at www.dell.com. Dell is a registered trademark of Dell Computer Corporation. Fortune and Fortune 500 are registered trademarks and Fortune Global 500 is a trademark of Time Inc. Dell disclaims any proprietary interest in the marks and names of others.