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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: Gus who wrote (13256)	10/1/2001 9:59:21 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 17183

Precise Software Solutions And EMC Corporation Enhance Relationship; EMC Licenses Precise's Technology For Use With EMC's CLARiiON Storage Systems Precise Continues To Extend Its Application-To-Storage Reach To Include EMC CLARiiON Storage Systems WESTWOOD, MA--(INTERNET WIRE)--Oct 01, 2001-- Precise Software Solutions (Nasdaq: PRSE - news) today announced that it has extended its highly successful relationship with EMC Corporation (NYSE: EMC - news). EMC will license Precise's technology for EMC's CLARiiON information storage systems under EMC's private-label name of ControlCenter Database Tuner for CLARiiON. The EMC CLARiiON storage product line provides superior information consolidation for highly distributed and midrange storage environments. CLARiiON storage systems extend the EMC E-Infostructure beyond the data center midrange and distributed computing environments for workgroup and departmental applications. DBTuner for CLARiiON optimizes the performance of the application infrastructure - from CLARiiON storage system through the database, operating system, and application, with in-depth analysis of the components to help find, isolate and solve the root causes of application performance degradation before the end-user is affected. "We are delighted with the continued expansion of our highly successful relationship with EMC," said Andrew Bird, Executive Vice President Marketing, Precise Software Solutions. "Taking this next step with EMC is precisely in line with our strategy of expanding platform and technology coverage, and extending the reach of Precise Application Performance Management solutions into storage subsystems." The relationship between Precise and EMC was established in 1999, when EMC began reselling Precise's performance management software technology under the Database Tuner name for EMC's Symmetrix Enterprise Storage systems. The relationship was further enhanced when Precise joined EMC's E-Infostructure Developers Program in September 2000, which gave Precise additional access to EMC's application programming interfaces (APIs) and technical assistance from EMC's development labs. The first Precise product to leverage this program was Precise/Interpoint(R), which provides customers with ERP performance management solutions, such as SAP R/3(R) and Oracle Applications, for use with DBTuner. "Working with Precise we look forward to offering the same leading-edge software technology for CLARiiON as we have for the Symmetrix environment," said George Mele, EMC Director Software Marketing. "DBTuner for CLARiiON offers CLARiiON customers a great opportunity to benefit from Precise's outstanding performance management solution. While our Symmetrix family extends EMC's value outward from the data center, CLARiiON extends our value upward from distributed and decentralized environments. This agreement enhances our continued commitment to help customers derive higher performance and business value by managing information effectively, giving them faster and easier access to knowledge wherever it may be located, from far-flung networked branch operations to the heart of their IT operation." About EMC EMC Corporation (NYSE: EMC - news) is the world leader in information storage systems, software, networks and services, providing the information infrastructure for a connected world. Information about EMC's products and services can be found at www.EMC.com. About Precise Software Solutions -- "Performance is Our Business(TM)": Precise Software Solutions (Nasdaq: PRSE - news) headquartered in Westwood, Mass., helps businesses perform - by improving the performance of their applications. By monitoring and analyzing overall performance "from URL to SQL and Beyond(TM)," Precise's comprehensive application performance management solutions proactively pinpoint the root causes of service degradation and determine their impact on the entire application infrastructure - before they affect response times and end-users. By identifying trends and deviations from the norm, the Precise solutions bridge the gap between technology and business to facilitate performance optimization and strategic planning. Precise has offices in the United States, Canada, the United Kingdom, Germany, France, the Benelux countries, Israel and Australia, as well as a global network of resellers and distributors. More information on Precise is available at www.precise.com. Performance Is Our Business, and "from URL to SQL and Beyond", are trademarks of Precise Software Solutions, Ltd. Precise/Interpoint is a registered trademark of Precise Software Solutions, Ltd. EMC and Symmetrix are registered trademarks and CLARiiON and ControlCenter are trademarks of EMC Corporation. Safe Harbor: This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements include the ability to attract new customers for DBTuner for Clariion, ability to execute as designed, acceptance of DBTuner for Clariion in the marketplace. Precise's actual experience may differ materially from those discussed in the forward-looking statements. Factors that might cause such a difference include the size of the market; Precise's experience with EMC applications; the continued relationship between Precise and EMC; the future growth and acceptance of DBTuner for Clariion in the market place; Precise's and EMC's ability to predict and respond to market developments; the failure to keep pace with the rapidly changing requirements of its customers; Precise's ability to attract and retain experienced personnel; the development, expansion and training of Precise's direct sales force; risks associated with> management of growth; Precise being held liable for defects or errors in its products; political, economic and business fluctuations in Israel and Precise's international markets; as well as risks of downturns in economic conditions generally, and in the information technology and software industries specifically, and risks associated with competition, and competitive pricing pressures. For a more detailed description of the risk factors associated with Precise, please refer to Precise's Form 10-K Annual Report for the year ended December 31, 2000 and Registration Statement on Form S-3 on file with the Securities and Exchange Commission.