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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (24234)3/6/2002 1:45:24 PM
From: Joe Copia  Read Replies (2) | Respond to of 25711
 
ZOOX tucking some away on this news. 6.3 float per mytrack:

AnexTEK Will Employ Gadzoox Networks' Switches to Create Reliable Storage
Networking Solutions

SAN JOSE, Calif., March 6 /PRNewswire-FirstCall/ -- AnexTEK Global Inc., a
storage networking solutions provider wholly owned by the Acer Group, today
announced that it will partner with Gadzoox Networks, Inc. (Nasdaq: ZOOX), a
global supplier of intelligent storage area network (SAN) products, work)
products, to integrate Gadzoox Networks' advanced switches into AnexTEK's
storage networking solutions. The move furthers AnexTEK's commitment to
providing highly stable, cost-effective storage networking solutions and
furthers the scope of Gadzoox Networks' global customer base by leveraging
AnexTEK's network of resellers and system integrators in Africa, Australia,
Greater China, the Middle East and Singapore. The two will cooperate on sales
and marketing to bring AnexTEK's solutions to its corporate clientele.
AnexTEK's storage networking solutions are hardware and software based,
designed to provide advanced data protection, ease of use and mission-critical
availability. The IP-based solutions offer features like virtualization for
easy storage allocation, high availability for 24 x 7 data protection, remote
replication for distance protection, unified SAN and NAS allocation for
cost-effective file and block level data throughput, LAN-free Serverless
backup to reduce network bottlenecks and Zero-Impact backup and restore which
reduces server backup traffic. Gadzoox Networks' switches will be the bridge
between AnexTEK's storage networking architecture offering high speed Ethernet
or Fibre Channel connectivity, high throughput, scalability, a non-blocking
architecture, broad interoperability, multi-layer support, self-configuring
ports, as well as auto-sensing and auto-negotiating ports.
Alex Kuo, AnexTEK President, commented, "AnexTEK is committed to
developing products that help customers manage storage more efficiently and
enable businesses to operate more continuously. Partnering with
Gadzoox Networks, a leading provider of network switches, will allow AnexTEK
to bring a more stable, available and interoperable product to market."
Erik Ottem, Gadzoox Networks' vice president of sales and marketing,
commented, "Gadzoox Networks is focused on providing standards-based,
intelligent products to companies like AnexTEK that integrate and build
affordable, interoperable storage solutions. AnexTEK delivers a strong
network of resellers, system integrators and value added resellers to
implement Gadzoox Networks products throughout the Africa, Asia Pacific, and
Middle East regions."
AnexTEK's products are currently available through its network of
resellers, system integrators and value added resellers.

About AnexTEK
AnexTEK Global Inc. is a dedicated storage networking division of the Acer
Group aligned under the Wistron (www.wistron.com) corporate umbrella.
Established in April 2001, AnexTEK has positioned itself as a value-added and
affordable IP-based storage networking solutions provider. AnexTEK currently
offers mid-ranged DAS (Direct Attached Storage) systems with SCSI-to-IDE and
SCSI-to-SCSI solutions, integrated NAS (Network Attached Storage) solutions
and will produce SAN (Storage Area Network) solutions as well as integrated
Multimedia storage solutions in the near future. AnexTEK also provides
storage-based digital security solutions to meet the long-term requirements of
data-rich digital video surveillance systems. AnexTEK is promoting its
products through its network of sales channels and targeting ASPs, IDCs, ISPs,
SSPs, VARs and small-to-medium sized businesses. Wholly owned by the Acer
Group, AnexTEK in its first full year of operation is expected to contribute
positively to the earnings of its parent company. For more information about
AnexTEK and AnexTEK products, please visit anextek.com or call
8862-2696-7500.

About Gadzoox Networks
Gadzoox Networks, the first company to announce and demonstrate 2Gb Open
Fabric switch technology, offers value-leading Storage Area Network (SAN)
products that enable the deployment of high availability clusters, advanced
backup solutions, and storage consolidation strategies. The Slingshot Family
of 2Gb Open Fabric switches and the Capellix Family of 1Gb Loop switches
facilitate continuous access to data, disaster recovery solutions, faster and
more reliable backups, and the reduction of storage management expenses.
Gadzoox Networks is a voting member of the Storage Networking Industry
Association (SNIA), with corporate headquarters located at 5850 Hellyer Avenue
in San Jose, California. For more information about Gadzoox Networks'
products and technology advancements in the SAN industry, visit the company's
Web site at gadzoox.com .
NOTE: AnexTEK, Wistron, and Acer are registered trademarks of the
Acer Group. Other product names mentioned herein may be trademarks or
registered trademarks of their respective companies.

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SOURCE Gadzoox Networks
-0- 03/06/2002
/CONTACT: Kellie DiNaro, Sr. PR Manager of Gadzoox Networks,
+1-408-361-6229, or +1-408-360-6358, or kdinaro@gadzoox.com; or
Stuart Schuman, International Marketing Manager of AnexTEK Global Inc.,
8862-2696-7500, ext. 5517, or 8862-2696-7321, or Stuart_Schuman@anextek.com/
/Web site: wistron.com
/Web site: anextek.com
/Web site: gadzoox.com
(ZOOX)