To: Mannie who wrote (23791 ) 6/27/2000 3:57:00 PM From: Sully- Respond to of 35685
Tuesday June 27, 3:31 pm Eastern Time Company Press Release REPEAT/GeoQuest and Network Appliance Sign Worldwide Marketing Agreement HOUSTON--(BUSINESS WIRE)--June 27, 2000--GeoQuest, an operating unit of Schlumberger Oilfield Services, today announced that it has signed a worldwide reseller and support services agreement with Network Appliance Inc. (Nasdaq:NTAP - news) to resell NetApp Filers©. The terms of this new contract, which expand last year's Asia-Pacific region marketing agreement between the two companies, allow GeoQuest to bundle NetApp filers with GeoQuest software and hardware solutions, giving all of its customers the convenience of buying from one source. The NetApp filers -- a network attached storage appliance solution -- simplify data administration, backup, and downloading and increase efficiency with dedicated server support for terabytes of data. ``Because E&P companies spend billions of dollars annually acquiring seismic data, they need a cost-effective solution to leverage that investment,'' said Brad Youmans, vice president of Seismic Data Management Solutions for GeoQuest. ``Network Appliance filers, a proven component of our seismic data management solution, offer that leverage.'' Network Appliance is providing technical advisors to GeoQuest for its SeisLink(a) open systems software product that seamlessly moves seismic data files throughout the seismic life cycle. ``Innovative applications supported by GeoQuest define how E&P companies locate fossil fuels. How these new technologies are deployed depends entirely upon the infrastructure that will support them and this is where Network Appliance continues to excel,'' said Mark Santora, senior vice president of Marketing for Network Appliance Inc. ``The integration of GeoQuest's software applications with our filer and NetCache(TM) solutions should have an impact on how companies approach their quest for hydrocarbons.'' About the Organizations Network Appliance, a veteran in network file serving and caching, has been providing data access solutions since 1992. Major corporations and ISPs, including Lycos, Yahoo!, Citicorp Securities, Siemens, Lockheed, Cisco, Motorola and Texas Instruments, have deployed NetApp© solutions. NetApp's 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 Data ONTAP(TM) operating system and standards-compliant hardware. GeoQuest, an operating unit of Schlumberger Oilfield Services, is the E&P industry leader for the supply of integrated software systems and data management solutions to assist petroleum companies in optimizing the value of their oil and gas reservoirs. Schlumberger Oilfield Services, a business segment of Schlumberger Limited (NYSE:SLB - news), is the leading supplier of services and technology to the international petroleum industry, with operating offices, service locations, and research and development facilities around the world. Schlumberger is a global leader in technical services spanning the oil and gas, utility, semiconductor, smart cards, network and Internet solutions industries. Schlumberger revenue was $8.4 billion in 1999. Schlumberger is on the Internet at slb.com (a) Mark of Schlumberger NetApp Filers and NetApp are registered trademarks of Network Appliance Inc. NetCache and DataONTAP are trademarks of Network Appliance Inc. UNIX is a registered trademark of AT&T Windows and NT are registered trademarks of Microsoft Corporation All other brands or products are trademarks or registered trademarks of their respective owners and should be treated as such. -------------------------------------------------------------------------------- Contact: GeoQuest, Houston Susan Ganz, 713/513-2480 sganz@houston.geoquest.slb.com www.connect.slb.com or Network Appliance Inc. Adam Trunkey, 408/822-6314 atrunkey@netapp.combiz.yahoo.com