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Technology Stocks : Network Appliance -- Ignore unavailable to you. Want to Upgrade?

To: Fortney Veeble who wrote (348)	8/10/1998 10:05:00 AM
From: DownSouth	Respond to of 10934

Here is exerpt from Barron's Research Reports. I did not include any of the other companies in the report--just NTAP: BARRON'S: Research Reports How Analysts Size Up Companies The following companies are subjects of research reports issued recently by investment firms. Many of the reports listed may be purchased from Investext, a division of Thomson Financial Services, in New York (800-662-7878), or are available on line from the Investext or Pipeline databases or through Dow Jones News/Retrieval. Share prices at the time the report was issued and the date of the report are in parentheses. Network Appliance (NTAP-NNM) by Needham (42 7/8, July 29) -- The world's leading provider of dedicated network data-access servers, or "filers." Since its inception, it has achieved rapid, predictable and consistent growth. We project revenues and EPS growth of 53% and 43% over the next two fiscal years. Over a three- to five-year time frame, we believe it is positioned to achieve growth in earnings per share of at least 40% annually. Our 12-month price target is $60, based on a multiple of 50 times our fiscal 2000 EPS estimate of $1.19.

To: Fortney Veeble who wrote (348)	8/10/1998 10:06:00 AM
From: DownSouth	Respond to of 10934

Network Appliance and ESRI Team to Deliver High Performance, Cross-Platform Data Serving Technology to GIS Users SANTA CLARA, Calif.-- Alliance Enhances Data Manageability in Mixed UNIX/Windows(R) NT Environments and Increase Performance, Availability of ESRI Applications Network Appliance, Inc. (NASDAQ:NTAP), the leading provider of dedicated data-access and storage appliances, today announced a marketing alliance with ESRI, the premier developer of geographic information system (GIS) software and spatial database tools. For the first time, ESRI teams with a dedicated, data-access solutions provider, recommending Network Appliance's industry leading file servers -- known as "filers" -- to its customers. "Our relationship with ESRI allows us to make our high-performance, cross-platform data infrastructure solutions easily available to the GIS industry," said Charlie Simmons, vice president of marketing for Network Appliance (NetApp). "As GIS developers face increasingly mixed UNIX/NT computing environments, highly-reliable multiprotocol solutions will be critical to easy management and universal access to data-intensive projects." "ESRI customers have unique needs -- they routinely operate on large data files and can experience expensive downtime because of time-consuming file manipulation and management," said Dean McComber, ESRI's director of hardware marketing. "By combining ESRI applications with NetApp(R) filers, our customers will be able to improve data availability. We look forward to this alliance providing additional valued solutions to the ESRI community." Overcoming Multi-Platform Challenges Mixed UNIX/NT computing environments -- such as GIS development -- present challenges for sharing data and maintaining data integrity. The NetApp/ESRI relationship will enable ESRI users to leverage Network Appliance(TM) filers' high-performance solution to centralize data and reduce unnecessary downtime in searching for files, as well as drastically improve the performance of redraw and display of files. Additionally, NetApp's multiprotocol and patent pending SecureShare(TM) technologies will enable ESRI users to effectively share data in a mixed environment with absolute data integrity and without performing cumbersome file transfers. Metro -- the nation's only elected regional government, which serves the Portland, Ore. metro area -- uses NetApp filers and ESRI's Spatial Database Engine, ArcView GIS and ARC/INFO products in its Data Resource Center, which is responsible for forecasting transportation and land-use needs. Metro's Data Resource Center maintains information about the region's land, population and economy and provides state-of-the-art mapping and data services to local governments, citizens and businesses. "Our GIS specialists require high-performance, cross-platform solutions to do their jobs," said Tony Paolucci, responsible for Metro's Data Resource Center IT infrastructure. "We store huge data sets using ESRI's Spatial Database Engine on NetApp filers for outstanding accelerated application performance. And our GIS specialists using ArcView GIS and ARC/INFO can share Shape Files and Coverages between UNIX and NT using NetApp's multiprotocol filers, giving them universal access to files and increasing their productivity." "The new NetApp/ESRI relationship will allow users to have continuous access to ESRI data files," Paolucci continued. "The superior solutions that ESRI and NetApp deliver clearly make them Metro Data Resource Center's GIS products of choice." About Network Appliance Network Appliance develops and markets dedicated network storage servers for UNIX, Windows and the World Wide Web. These appliances deliver fast, simple, reliable and cost-effective access to data stored in the network or across the Internet. The company pioneered the concept of the "network appliance," an extension of the industry trend toward dedicated, specialized products that perform a single function. NetApp filers and NetCache(TM) appliances are based on the company's innovative data access operating system known as Data ONTAP(TM) software and on standards-compliant hardware. More information is available on the Internet at www.netapp.com. About ESRI Headquartered in California, ESRI is the leader in GIS software, mapping components and spatial database management tools and provides consulting, implementation and technical support services. With almost 2,000 employees, ESRI has offices throughout the U.S. and abroad and serves more than 100,000 clients worldwide. Note to Editors: NetApp is a registered trademark and Network Appliance, Data ONTAP, NetCache, and SecureShare are trademarks of Network Appliance, Inc. ESRI, ARC/INFO and ArcView are registered trademarks; and Spatial Database Engine is a trademark of Environmental Systems Research Institute, Inc. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such. CONTACT: Network Appliance, Inc., Santa Clara Linda Segervall, 408/367-3010 lindas@netapp.com or InterActive Public Relations, Inc. Amy Grady/Robbie Mascotte, 415/703-0400 ext. 227/275 amy_grady@ipri.com/robbie_mascotte@ipri.com "Copyright(c) 1998, Business Wire" "Provided by Dow Jones & Company, Inc."