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To: Jock Hutchinson who wrote (22156)	5/10/2000 12:34:00 PM
From: Paul Lee	Respond to of 25814

LSI Logic Storage Systems Acquires Ark Research Remote Mirroring Technology Protects E-Commerce and Business Critical Information for Storage Area Networks MILPITAS, Calif., May 10 /PRNewswire/ -- LSI Logic Storage Systems, Inc., a wholly-owned subsidiary of LSI Logic Corporation (NYSE: LSI), today announced an agreement to acquire CacheWare, Inc.'s Ark Research Corporation assets to enhance its storage area network (SAN) product offerings. The purchase agreement is valued at approximately $23 million. "This strategic acquisition, which is the first for LSI Logic Storage Systems, complements and enhances our existing SAN solutions," said Tom Georgens, president, LSI Logic Storage Systems. "With the rapid growth of e-commerce and other business critical information throughout the enterprise, customers want the assurance of uninterrupted, round-the-clock storage availability. The technology acquired under this agreement provides us with significant capabilities to deliver this assurance." Through this acquisition, LSI Logic Storage Systems will gain Ark Research's engineering expertise and the rights to remote mirroring technology for enterprise and e-commerce environments. Ark Research offers a flexible SAN appliance solution for automatically mirroring data to storage devices throughout the enterprise, without consuming server or communications network resources. Supporting open SAN implementations, Ark Research appliances provide fully heterogeneous remote disk mirroring using any server or storage platform. Target markets include business continuance, disaster recovery, electronic vaulting, replication and distribution of Web content and data replication and migration services for the growing needs of Internet, application and storage service providers. "This agreement is highly beneficial to both companies," said Jim Ottinger, chairman and CEO of Ark Research. "LSI Logic provides us with a global sales channel, experienced storage engineers, and state-of-the-art manufacturing facilities to make Ark Research products even more competitive in the rapidly growing information-based economy."