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


To: BostonView who wrote (3676)4/11/2000 9:52:00 AM
From: J Fieb  Read Replies (2) | Respond to of 3748
 
Another nice win for MTIC...

MTI Storage Solutions Provide Enterprise-Wide Protection For PR Newswire's Extensive Operations
ANAHEIM, Calif., April 11 /PRNewswire/ -- MTI Technology Corp. (Nasdaq: MTIC - news), a leading manufacturer of enterprise storage solutions, announced today that PR Newswire has chosen MTI Vivant storage solutions to satisfy its fault-tolerant storage requirements. PR Newswire is a world leader in the electronic delivery of news and information. MTI's Vivant enterprise storage solution will be used to protect PR Newswire's Web site and critical customer database applications.

``Our customers depend on us to deliver their information accurately and on time,' said Bill Bricker, director of information services for PR Newswire. ``We are entrusted with vital news, such as earnings information, personnel changes and product announcements. We must be sure that information is available when our customers need it. That's why a reliable storage solution is so important to our operation.'

According to PR Newswire, its extensive wire, fax, satellite, e-mail and Internet distribution network is supported by 35 bureaus worldwide and a vast international affiliate system. The company provides a broad complement of services for public- and investor-relations professionals to enable them to be able to immediately reach the media, financial communities and consumers. They state that they provide services for more than 33,000 members, including 70 percent of the Fortune 500.

``PR Newswire's business is based on providing immediate access to information,' said Rick Ruskin, executive vice president at MTI. ``Our customers rely on us to provide a quality, fault-tolerant storage solution to solve their critical requirements, along with unparalleled customer service and support, and we are committed to providing them with both.'

According to Bricker, PR Newswire determined that MTI was the best choice for their fault-tolerant storage requirements. ``What impressed us most was their customer service and field support,' he said. ``They were responsive and very helpful and allowed us to consolidate our inter-departmental storage needs into one, easy-to-administer solution. MTI is the storage solution that fits our corporate requirements.'

MTI locations worldwide offer a 24x7 customer support hotline, as well as customized support options, guaranteed response time, multi-vendor expertise, full system consulting services and new equipment orientation.

About PR Newswire

PR Newswire provides comprehensive public relations and investor relations services ranging from information distribution and video news release production to the creation of investor relations Web sites and online multimedia content. Its cutting-edge wire, fax, satellite and Internet network is capable of pinpoint or mass distribution, satisfying the growing global demand for the immediate delivery of news releases and photos to the media, financial community and consumers. For additional information on PR Newswire, contact Renu K. Aldrich, Director of Public Relations, PR Newswire, 212-282-1929, or email: Renu_Aldrich@prnewswire.com or visit their Web site at prnewswire.com.

About MTI Technology Corporation

MTI Technology Corporation is a premier provider of enterprise storage solutions. Its mission is to provide Continuous Access to Online Information©. As a leader in developing, manufacturing and servicing data server solutions, MTI sells direct to Global 2000 companies. MTI's fault-tolerant, cross-platform data storage servers and extensive consulting services, ensure its customers the ability to control and secure their data, as they protect their investment. Based in Anaheim, Calif., MTI complies with ISO 9001 quality system standards. For more information, MTI can be reached at: 800-999-9MTI or 714-970-0300; fax: 714-693-2256 or e-mail: info@mti.com. Information can also be accessed via MTI Online, the company's World Wide Web server on the Internet at: www.mti.com.

This press release includes forward-looking statements, including statements regarding the company's product development plans and its customers, which are subject to change. The actual results may differ materially from those described in any forward-looking statement. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission including its Form 10-K for the year ended April 3, 1999.

MTI is a registered trademark and Continuous Access to Online Information is a service mark of MTI Technology Corp. All other company, brand or product names are registered trademarks or trademarks of their respective holders.

SOURCE: MTI Technology Corp.