To: Night Writer who wrote (87001 ) 11/20/2000 5:11:29 PM From: Night Writer Respond to of 97611 Take My Data, Please...; Summit Strategies Addresses Data Storage Challenges and Releases Report That Identifies Storage Service Providers as a Viable Solution BOSTON, Nov 20, 2000 (BUSINESS WIRE) -- Summit Strategies, Inc., a provider of research and information about the emerging markets, technologies and strategies that will change the rules of competition in the technology industry, today announced the availability of a new Market Strategy Report, entitled Storage Service Providers Compete to Meet Exploding Data Needs. Industry analyst John Madden's research indicates that, as data storage needs continue to surge beyond capacity, storage service providers (SSPs)--vendors that manage data storage and/or hosted storage for business--are emerging as the next big contenders in the storage solutions market. "The Internet economy has caused an explosion of data that is inundating the enterprise, and companies just don't know how to deal with it," said Madden. "SSPs can relieve the storage-management headache in a cost-effective and reliable way." In his report, Madden examines the SSP alternatives to traditional storage solutions, and addresses the challenges SSPs face in gaining widespread acceptance. The report indicates that SSPs offer an attractive alternative for businesses deploying traditional, labor-intensive storage solutions, such as costly, complex storage area networks (SANs). And, while SSPs could threaten to extinguish existing models, companies may find the affordable, scalable, "headache-free" outsourcing option attractive. Madden's analysis also covers the partnership opportunities that SSPs offer to capacity service providers (i.e., data-center providers), Internet service providers, application service providers, infrastructure companies (i.e., Ensim, PLESK and Xevo); and eventually, perhaps, storage management vendors (i.e., VERITAS Software and Legato Systems). Additionally, Madden provides a brief overview of the primary players in the SSP market in this report, including StorageNetworks, StorageWay, CreekPath Systems, Storage Provider, Storability, Compaq Computer, IBM, EMC, Hewlett-Packard, Sun Microsystems and Storage Technology. More information on this report, as well as on other Summit Strategies reports and services, can be obtained by calling (617) 266-9050 or by visiting www.summitstrat.com.