StorageNetworks to Implement Network Appliance™ Technology into Its Global Data Storage Network
Two Companies Strategically Partnering in Sales and Marketing Initiatives Intended to Drive Market Penetration in Both Professional and Managed Services Areas
Waltham, MA - August 15, 2000 -- StorageNetworks, Inc. (NASDAQ: STOR), the world's leading storage services provider (SSP), today announced it has signed a strategic agreement with Network Appliance, Inc (NASDAQ: NTAP), the leading provider of network-attached data access and content management solutions. Under terms of the agreement, StorageNetworks will implement NetApp® filer technology into its Global Data StorageSM Network (GDSNSM), to be utilized in the delivery of StorageNetworks recently announced NetPACSSM Services. The two companies also announced that they are strategically partnering in sales and marketing initiatives intended to penetrate both the professional and managed services areas.
The StorageNetworksSM NetPACS suite of services offers affordable, highly scalable data storage services to enterprises that need to attach large numbers of servers to a single storage device or appliance. Customers can easily add storage on demand in increments of 100 managed gigabytes (MGBs). StorageNetworks also makes it easy for fast-growing companies to easily upgrade and complement the NetPACS Service to the full range of StorageNetworks PACSSM (Protection, Availability, Continuity, Scalability and Security) services, including DataPACSSM, BackPACSSM (backup and restore) and SafePACSSM (real-time data replication) storage services.
The StorageNetworks GDSN combines StorageNetworks best-of-breed storage expertise with the leading data storage and networking technologies available in the industry today, such as the network storage systems being provided by Network Appliance. The GDSN is a private, high-speed fiber network that connects StorageNetworks customers to its Storage Point-of-Presence (StoragePOPSM or S-POPSM) data centers, as well as back to the StorageNetworks Global Operations Center (GOC), located in Waltham, Massachusetts, which monitors the GDSN 24x7. StorageNetworks customers also gain greater control and ease of management over their data storage via the StorageNetworks Virtual Storage PortalSM (VSPSM) Web-based software application.
"Our customers recognize that data storage is becoming the most critical strategic asset of their IT infrastructure. As a result, they must carefully examine how they acquire, implement and manage their storage resources in order to support their need for a highly available, scalable and reliable data storage architecture," said Tom Mendoza, president of Network Appliance. "By teaming with StorageNetworks, we can help our customers make the right decisions—while we focus on delivering the leading storage networking solution available in the marketplace today."
"It is critical for the successful delivery of StorageNetworks NetPACS services, as well as the overall growth of our business, that we implement technologies that provide unsurpassed levels of scalability, speed and reliability," said Bill Miller, co-founder and chief technology officer of StorageNetworks. "The Network Appliance technology gives us this ability, as well as the means to separate storage from application servers. This is an ideal solution for our customers because it allows us to put their information on a special "appliance" tasked with serving data at only the highest speeds."
Added Mendoza, "We are committed to making StorageNetworks a successful Network Appliance partner across the globe.We look forward to the mutually beneficial and fruitful years ahead in this exciting and rapidly growing market space."
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.
About StorageNetworks
StorageNetworks, Inc. (NASDAQ: STOR) is the world's leading Storage Service Provider (SSP) and an innovator that is making managed data storage services as accessible as phone or electric utility services. StorageNetworks enables enterprise with large and rapidly growing volumes of business critical information to store, protect and access it more easily, reliably and efficiently. StorageNetworks services let customers focus on building their business, not their data center, allowing them to achieve greater flexibility, quicker time to market, high levels of reliability and security, and lower operating costs. Based in Waltham, Massachusetts, StorageNetworks operates in major business and government centers worldwide. For further information, please visit the company's Web site at storagenetworks.com, email info@StorageNetworks.com, or call 1-800-463-7105.
This press release may contain forward-looking statements relating to future events or future financial performance that involve risks and uncertainties. These statements are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. These statements are only predictions and actual results could differ materially from those anticipated in these statements based upon a number of factors including those risk factors identified in the StorageNetworks Prospectus dated June 29, 2000.
Press Contacts:
Nicole Gorman
StorageNetworks, Inc.
(781) 434-6716
nicole.gorman@storagenetworks.com
Siobhan Gallagher
Schwartz Communications
(781) 684-0770
sgallagher@schwartzz-pr.com
Adam Trunkey
Network Appliance, Inc.
(408) 822-6314
atrunkey@netapp.com |
