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Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Gus who wrote (4401)3/11/2002 8:09:53 AM
From: J Fieb  Read Replies (1) | Respond to of 4808
 
Monday March 11, 8:05 am Eastern Time
Press Release
SOURCE: Fujitsu Technology Solutions
Fujitsu Technology Solutions, Inc. Partners with INRANGE Technologies To Deliver Superior Storage Infrastructure Solutions
SUNNYVALE, Calif. & LUMBERTON, N.J.--(BUSINESS WIRE)--March 11, 2002--

Fujitsu Technology Solutions, Inc. will sell and support

INRANGE IN-VSN FC/9000, IN-VSN CD/9000, and Storage
over WAN products as components of its InfraCare service offerings

Fujitsu Technology Solutions, Inc. (FTSI), and INRANGE Technologies (Nasdaq: INRG - news) today announced that FTSI, a member of the worldwide group of Fujitsu® companies, will sell and support the INRANGE® IN-VSN(TM) family of storage networking solutions, including the FC/9000(TM) Fibre Channel Director, the CD/9000(TM) Channel Director and INRANGE channel extenders as components of its InfraCare(TM) service offerings.

``Data storage and usage continue to grow at exponential rates, so our enterprise customers demand extremely fast, highly available, and very scalable channel solutions,'' said Susan Twietmeyer, Vice President of Strategic Marketing, Fujitsu Technology Solutions, Inc. ``The IN-VSN family of storage networking solutions from INRANGE meets all three criteria, thus having the ability to significantly reduce the costs and risks of transferring large quantities of data.''

IN-VSN, the INRANGE Virtual Storage Networking(TM) architecture, consists of layered hardware and intelligent software services that extend data from the core-to-edge-to-anywhere and allow for the creation of heterogeneous global storage networks. The IN-VSN suite of Infrastructure Solutions and Advanced Storage Networking Services(TM) reduces total cost of ownership by removing the complexity in storage networking.

ExtendedVSN(TM), integrated in the operating system of the INRANGE FC/9000, supports the seamless, online expansion of the FC/9000 from 24- to 256-ports today without any disruption to the network. With a fully redundant architecture, the FC/9000 Fibre Channel

Director is ideal for supporting data intensive, high-availability applications such as backup and recovery, business continuance, ERP, and data/resource sharing. The CD/9000 Channel Director manages ESCON® and FICON(TM) host channels, allowing any-to-any data transfer between mainframes and peripherals. The IN-VSN suite of channel extension solutions enables data connectivity regardless of distance limitations for remote mirroring, remote imaging, data migration, tape vaulting and enterprise backup/recovery applications.

``Today's business enterprise is defined by a rapidly expanding, ever-changing, multi-vendor IT environment,'' said Dale Lafferty, Vice President, Marketing and Alliances at INRANGE. ``Fujitsu Technology Solutions, Inc. has proven that they understand this environment and its challenges in world-class fashion, which makes them the perfect sales and support partner for INRANGE.''

In North America and Europe, Fujitsu Technology Solutions, Inc. offers InfraCare services in partnership with the Fujitsu Group companies. Fujitsu Technology Solutions, Inc. offers a single point of contact and the capability to deliver consulting and management services that span enterprise IT infrastructure deployment, operational environment support, project lifecycle management, and E-business and legacy system support. Enterprises can now entrust their IT infrastructure to over 65,000 consultants working 24x7x365 everywhere that business relies on computing for success. InfraCare branded services from Fujitsu Technology Solutions, Inc. are supported by more than 40 call centers and 50 Internet data centers throughout the world.

About Fujitsu Technology Solutions, Inc.: (http://www.ftsi.fujitsu.com/)

About INRANGE (www.inrange.com)

Inrange Technologies Corporation (Nasdaq: INRG - news), a subsidiary of SPX Corporation, is the world leader in high-end scalable storage networking solutions and provides users with the building blocks to manage and expand large, complex storage networks simply without geographic limitations. INRANGE's core-to-edge-to-anywhere solutions solve the growing storage challenges facing today's IT organizations, while providing investment protection and a proven foundation for future growth. INRANGE has a 33-year history of providing mission-critical networking technologies, servicing over 2,200 customers in 90 countries.

Forward-Looking Statement

This press release contains a discussion of our expectations for our product introduction and capabilities, and other forward-looking statements, in addition to historical facts. Statements regarding our product introduction and capabilities, competitive strengths, business strategy, future financial position, the markets and market growth for our products, and our plans and objectives, are forward-looking statements and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in our release can also be identified generally by the use of forward-looking terminology such as ``may'', ``will'', ``expect'', ``should'', ``intend'', ``estimate'', ``anticipate'', ``believe'', ``continue'' and the like. Due to the risks and uncertainties of our business, including, but not limited to those described in the ``Risk Factors'', ``Management's Discussion and Analysis of Financial Condition and Results of Operations'' and ``Business'' sections of our Annual Report on Form 10-K for the fiscal year ended December 31, 2000 and the other reports we file from time to time with the Securities and Exchange Commission, and the terrorist events of September 11, 2001, readers are cautioned not to rely on these forward-looking statements, which speak only as of the date of this release. In particular, the timing of the introduction and the capabilities of the products we are developing are subject to the risks and uncertainties of our business, described in those sections and other reports. We can give no assurance that our expectations, as reflected in these forward-looking statements, will prove to have been correct and our actual results could differ substantially from those anticipated.

INRANGE and the INRANGE logo are registered trademarks of Inrange Technologies Corporation. IN-VSN, The Storage Networking Company, Advanced Storage Networking Services, ExtendedVSN, FC/9000, and CD/9000 are trademarks of Inrange Technologies Corporation. Fujitsu and the Fujitsu logo are registered trademarks of Fujitsu Limited in the United States and other countries. InfraCare is a trademark or registered trademark of Fujitsu Limited or its subsidiaries in Japan and other countries. ESCON is a registered trademark and FICON is a trademark of IBM Corporation in the United States, other countries, or both. All other trademarks and product names are the property of their respective owners.

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