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Technology Stocks : Network Appliance -- Ignore unavailable to you. Want to Upgrade?


To: DownSouth who wrote (3474)6/14/2000 8:18:00 AM
From: DownSouth  Respond to of 10934
 
Network Appliance and LoudCloud Team to Provide Industry-Leading Internet Storage Solutions
Sunnyvale, CA - June 13, 2000 -- Network Appliance Inc., (NASDAQ: NTAP), the leading provider of network attached data access and content management solutions, and Loudcloud, Inc., a leading provider of Internet infrastructure services for e-businesses, today announced Loudcloud will offer its customers Network Appliance? storage appliances as part of Loudcloud's suite of Web site infrastructure services, known as Smart Cloud? services.

Network Appliance storage software solutions currently power 13 of the top 15 Web sites and nine out of the top 10 Internet Service Providers (ISPs). Loudcloud selected Network Appliance storage technology to provide its customers?which range from high-growth Internet companies to Fortune 500 enterprises and second-generation ASPs?with a range of high availability, high-performance storage offerings.

As a result of the relationship with Network Appliance, Loudcloud now offers an expanded Storage Cloud? service that gives customers a variety of storage options tailored to their individual business needs. The Storage Cloud service is just one of the offerings included in Loudcloud's suite of Smart Cloud services. These infrastructure services are built on top of Loudcloud's proprietary Opsware? automation technology, a software platform that streamlines mission-critical tasks such as the provisioning, management, and monitoring of a Web site. The combination of Smart Cloud services and Opsware technology enables Loudcloud to bring a customer's Web site live quickly on a foundation that has 100% guaranteed scheduled uptime.

"Loudcloud is focused on enabling e-businesses to get up and running using highly-available services based on best-of-breed technologies such as those made by Network Appliance," said Ben Horowitz, CEO and president of Loudcloud.

"The Network Appliance technology that Loudcloud is deploying is easy to install, manage, maintain, and scale," said Paul Hansen, senior director of product marketing at Network Appliance. "As Loudcloud customers grow, our solution will provide seamless scalability and will grow right along with them."

About Loudcloud
Loudcloud, Inc. was formed in September 1999 to provide infrastructure services for e-businesses. Founded by some of the Internet's most respected leaders ? including Netscape co-founder Marc Andreessen and former Netscape executives Ben Horowitz, Tim Howes and In Sik Rhee ? the company's Smart Cloud? services combine a complete suite of software, infrastructure and Web operations services with Opsware? automation technology to deliver unprecedented levels of scalability and reliability for Internet businesses' Web sites. Loudcloud is funded by Benchmark Capital and Morgan Stanley Dean Witter. More information on Loudcloud can be found at www.loudcloud.com.

About Network Appliance
Network Appliance, Inc., a veteran in network file serving and caching, has been providing data access solutions since 1992, and is a member of both the S+P 500 and NASDAQ 100 index. Major corporations and ISPs, including Lycos, Yahoo!, Citicorp Securities, Siemens, Lockheed, Cisco, Motorola, and Texas Instruments have deployed NetApp© solutions. NetApp Internet caching solutions (NetCache? appliances) and file servers (filers) deliver fast, simple, reliable, and cost-effective access to network-stored data and enable simultaneous shared file services for UNIX©, Windows NT©, 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 innovative data access software known as the Data ONTAP? operating system and standards-compliant hardware

Press Contacts:
Jaime Leigh Jinks
Network Appliance, Inc.
(408) 822-3761
jjinks@netapp.com
Marlena Fernandez
Access PR for Loudcloud, Inc.
(415) 904-7070
loudcloud@accesspr.com



To: DownSouth who wrote (3474)6/14/2000 8:19:00 AM
From: KevRupert  Read Replies (1) | Respond to of 10934
 
FWIW Insider Selling:

NTAP
DANIEL WARMENHOVEN Proposes Sale of 100000 NETWORK APPLIANCE INC shares.

insiderscores.com



To: DownSouth who wrote (3474)6/14/2000 10:52:00 AM
From: JRH  Read Replies (1) | Respond to of 10934
 
the skinny OS is just a small part of the performance advantage of NTAP, but you already knew that.

Yes, I knew that. So if they haven't made many more architectural changes like NetApp has, the performance numbers should tell all, IMO...

Justin