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To: Clappy who wrote (22302)6/13/2000 8:06:00 PM
From: Sully-  Read Replies (1) | Respond to of 35685
 
Tuesday June 13, 4:15 pm Eastern Time
Company Press Release
Network Appliance, Inc. to Acquire Orca Systems
SUNNYVALE, Calif. and WALTHAM, Mass.,--(BUSINESS WIRE)--June 13, 2000--Network Appliance, Inc. (Nasdaq:NTAP - news), the leading provider of network-attached data access and content management solutions, today announced a definitive agreement to acquire privately-held Orca Systems, Inc., of Waltham, MA, a developer of high performance Virtual Interface (VI) Architecture software for UNIX© and Windows NT© enterprise-class systems.

Under terms of the agreement, Network Appliance will acquire Orca for approximately $49 million in common stock, assumed options and cash, with an obligation to provide approximately 280,000 shares of common stock (valued at approximately $22 million based on Network Appliance's closing stock price on June 12, 2000), if certain performance criteria are achieved. The acquisition will be accounted for using purchase accounting and is expected to close during the current fiscal quarter. In connection with the acquisition, Network Appliance expects a one-time charge of not less than $0.03 per diluted share for purchased in-process research and development to be recorded in the quarter ended July 28, 2000.

``Network Appliance is focused on delivering network storage solutions that simplify and speed data access and data management. Orca strengthens our ability to develop next generation storage networking architectures and protocols,'' said Dan Warmenhoven, CEO of Network Appliance. ``Orca fits with Network Appliance's strategy of developing highly available and reliable intelligent storage solutions that improve the performance of today's Internet and enterprise applications.''

The acquisition of Orca will establish Network Appliance's corporate presence in Massachusetts, creating the company's first development facility in New England.

``Orca's VI technology was created by our team of leading engineers that understand VI architecture for high performance clustering and storage access. We look forward to joining forces with Network Appliance on the development of future VI storage technology and new open protocols,'' said Alan Langerman, co-founder and president at Orca.

``We expect the combination of Network Appliance and Orca technology to immediately impact development of new storage technology for Network Appliance customers and our strategic partners in the industry. The foundation of high performance communications and storage access over VI will accelerate the convergence of today's storage networking technologies,'' said Dave Ford, Orca co-founder and CEO.``

About Network Appliance

Network Appliance, a veteran in network file serving and caching, has been providing data access solutions since 1992. Major corporations and ISPs, including Bear Stearns, Yahoo, Siemens, Lockheed-Martin, Cisco, Motorola and Texas Instruments have deployed NetApp© solutions. Network Appliance's file servers (called ``filers'') and Internet caching solutions (NetCache(TM)) deliver fast, simple, reliable and cost-effective access to network-stored data and enable simultaneous shared file services for UNIX, Windows© and the World Wide Web.

The company pioneered the concept of the ``network appliance,'' an extension of the industry trend toward dedicated, specialized products that perform a single function. Network Appliance filers and NetCache appliances are based on the company's patented data access solutions, including Data ONTAP(tm) software and standards-compliant hardware. More information is available at netapp.com.

Note to Editors: NetApp is a registered trademark and Network Appliance, Data ONTAP and NetCache are trademarks of Network Appliance, Inc. UNIX is a registered trademark of ATT. Windows NT and Windows are registered trademarks of Microsoft Corporation. All other brands or products are trademarks or registered trademarks of their respective holders.

--------------------------------------------------------------------------------
Contact:

Network Appliance, Inc.
Adam B. Trunkey, 408/822-6314 (Press)
atrunkey@netapp.com
Billie Fagenstrom, 408/822-6428 (Investor)
bfagenstrom@netapp.com

biz.yahoo.com



To: Clappy who wrote (22302)6/13/2000 8:07:00 PM
From: Clappy  Read Replies (1) | Respond to of 35685
 
The Bluetooth Invasion: You've heard it's going to change your life. Well, here's how.

Fortune, June 12, 2000 v141 i12 p364

By Carnoy, David

In the tenth century, King Harald Bluetooth unified Denmark. Some thousand years later an impressive alliance of
electronics companies are counting on a wireless networking technology named for the Viking to unify the
electronics world. Bluetooth allows a variety of devices--including mobile phones, personal digital assistants, and
computers--to communicate over a short distance (up to 30 feet) via radio waves. World peace? Not exactly. But
it's the sort of thing that gets gadget freaks fired up. And it may--if you believe the hype--change the way we
conduct everyday business. Here's a look at the many faces of Bluetooth.

Wireless Headsets

Earpieces for cell phones are all the rage. But tomorrow's Bluetooth headsets, like the one pictured from Ericsson
(above left), will be wireless. Stick your phone in your pocket, clip on a headset, talk away. Ericsson's first
Bluetooth headset will be sold as an accessory for its T28 World Phone (above right); Motorola and Nokia are
also rolling out headsets and accessories in the near future. And because Bluetooth requires little power,
transmission levels for the headsets are well below those of cellular handsets--a big health bonus. Availability: late
summer or early fall 2000.

Web to Go

Combine a Bluetooth-enabled cell phone with a Bluetooth-enabled laptop or handheld computer, and you'll be
able to surf the Web and send e-mail from anywhere your cell phone gets service. Initially speeds will be slow (9.6
kbps). But Phil Holden, group product manager for Microsoft's mobile-devices division, says they'll increase as
cellular networks are upgraded in the next few years. At the same time, rates won't be outrageous. "With a
$70-a-month cell phone plan, you should have virtually unlimited access," says Holden. Availability: as soon as late
2000.

Networked Computers

Wireless computer networking has been expensive, but Intel and 3Com are working on Bluetooth networks that
should be cheap to set up, making it an attractive solution for homes, hotels, and small offices. Availability: early to
mid-2001.

Smart Cars

In conjunction with several car manufacturers, Motorola is developing Bluetooth-equipped vehicles that interact
with a new onboard computer system called a Telematics Control Unit (TCU), which sits in the trunk of your car.
Depending on the system you buy, the TCU will provide cellular phone service, Internet access, global positioning
satellite (GPS) and mapping functionality, and an address book and calendar that will synchronize with your Palm
or Pocket PC. You'll be able to control the TCU from a cordless Bluetooth handset (above, center), which
doubles as a phone keypad. Wayne Baer, senior program manager at Motorola, says cars may come equipped
with a variety of dashboard display units--from rudimentary screens that display a few lines of text to ones that
offer whiz-bang graphics, like those in Mission: Impossible 2. Availability: early 2001.

A Remote Control for Life

Ericsson and other Bluetooth vendors envision a world where Bluetooth receivers and transceivers will be built into
myriad devices. That handset in your car will open your garage door, activate your house's alarm system, and turn
on the lights before you go inside. Pull your Bluetooth-enabled car into a Bluetooth-enabled gas station, punch in
how much gas you want (plus your PIN), and your gas is paid for. Availability: late 2002.

Here is the link where I saw this first:
Message 13872108