Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: mrvn t. martian who wrote (1132)	11/3/1997 12:11:00 PM
From: Ken Holbert, Jr.	Read Replies (1) \| Respond to of 17679

A lest some new this AM: "Monday November 3 9:05 AM EST Company Press Release New Ampex Automated Tape Library Model Also Offers Expansion Module Capability DALLAS--(BUSINESS WIRE)--Nov. 3, 1997-- Newest DST Storage System Delivers 40MB/Second Sustained Data Transfer Rate Ampex Corp. unveiled the newest member of its DST automated tape library product line at the SEG International Expo here Monday. The new DST 712 system features a maximum storage capacity of 5.8TB in 7.5 square feet of floor space -- or the equivalent of 770GB per square foot. Intended initially to fill the gap between a DST 412 and DST 812 system, which hold 2.4TB and 12.8TB, respectively, Ampex will soon also offer an expansion module version of the DST 712 system to support the future storage requirements of DST 812 customers. It will then be possible to add capacity on a cost-efficient, incremental basis. The company's innovative technology reduces the cost per megabyte of storage to less than 3 cents, simplifies media management and lowers overhead by reducing the need to track and house large numbers of cartridges. The storage density increase also improves file access times as well as backup and restore speeds by minimizing cartridge exchanges. While delivering higher capacity and lower cost of storage, the new standalone DST 712 system also provides superior performance for an automated cartridge library. For example, it can utilize up to two tape transports, each transferring data at high speeds, for a total of an uncompressed 40MB/second or more than 140GB/hour. In its expansion module configuration, it will attach to a DST 812 system or expand an existing DST 712 system with or without drives. An unlimited number of modules may be added, each storing from 3.2TB to 6TB depending on the number of drives included. Initial shipments will commence by the end of the first quarter, 1998 and pricing has not yet been determined. The Ampex SEG Expo exhibit will also include a demonstration of the company's implementation of Legato Systems' NetWorker enterprise storage management applications. When fully integrated and supported by Networker 4.2.5 for Unix or Windows NT, Ampex DST tape systems are ideal for a variety of data-intensive applications in both emerging and enterprise environments. These include archive and retrieval for data warehousing, backup and restore of very large databases (VLDB), hierarchical storage management (HSM) of network file systems, as well as storage of multimedia content and high bandwidth data acquisition. The Ampex DST product line also includes: the DST 312 standalone tape drive which can automatically accommodate 50GB, 150GB and 330GB cartridge sizes; DST 412 automated cartridge library which can store 2.4TB of data on seven cartridges and occupies less than 8 square feet of floor space; and DST 812 automated cartridge library which can store up to 12.8TB of data while providing a data throughput of 80MB per second via four drives. The new DST 712 has a base list price of $150,000 for the single-drive configuration and $240,000 for the dual-drive configuration. Availability is 30 days ARO. Information on Ampex DST tape systems is available at www.ampex.com or by E-mailing sales@ampex.com. Ampex Corp., with headquarters in Redwood City, Calif., is one of the world's leading innovators in the fields of magnetic recording, image processing and high performance digital storage. Currently, Ampex is focusing its technology on the emerging market for mass digital storage in the visual information age. During its 53-year history of innovation, Ampex has been granted thousands of patents and has earned numerous awards for technical achievement. Today, Ampex customers include numerous well known organizations such as AT&T, Boeing, Mobil Oil, Time Warner and NASA. -------------------------------------------------------------------------------- Contact: Daly-Swartz Public Relations Jeffrey Swartz, 714/361-6888 jeff_swartz@prodigy.com -------------------------------------------------------------------------------- More news for related industries: computer. Additional news and quotes: Ampex Corp - AXC."