EMC And NEC Enter Worldwide Strategic Alliance
World's Leading Provider of Enterprise Storage Bolsters Presence in Japan
Leading Server Supplier Strengthens Worldwide Enterprise Systems Business
HOPKINTON, Mass. and TOKYO--(BUSINESS WIRE)--Nov. 30, 1998-- EMC Corporation, the world's leading provider of enterprise storage systems, software and services, and NEC Corporation, a worldwide leader in information systems technology, today announced they have entered a worldwide strategic alliance. The multi-year agreement enables NEC to resell EMC's Symmetrix Enterprise Storage systems for NEC's Windows NT and UNIX-based computer systems.
NEC, one of the world's leading Windows NT server providers, will offer EMC Symmetrix Enterprise Storage systems and software with its Express5800 and NX7000 product lines. NEC's Express5800, the leading Windows NT-based server in Japan, covers a full line of PC servers that scale to meet the needs of diverse computing environments. The Express5800 has a 30% share of the Windows NT server market in Japan, according to MULTIMEDIA Research Institute of Japan.
The NX7000 line ranges from entry-level servers with high price/performance, to high-end models with high performance and large configuration capabilities for mission-critical, enterprise computing environments.
''NEC has established tremendous market penetration, product strength and customer loyalty, particularly in the Windows NT market in Japan,'' said Michael C. Ruettgers, President and CEO of EMC. ''We believe NEC's expertise in the enterprise environment will be strongly enhanced by our new alliance. We look forward to helping NEC expand its rapidly growing server business and to working with the NEC team to deliver solutions that address customers' information challenges.''
A newly published survey of nearly 850 IS executives, conducted by independent research firm FIND/SVP and sponsored by EMC, found that Windows NT is rapidly gaining momentum as a preferred platform for strategic applications. The survey indicated that 83% of IS executives are currently implementing or planning to implement Windows NT for mission-critical applications. A majority - 54% of IS executives - are building enterprise-wide applications like ERP on a combination of mainframe, UNIX and Windows NT-based systems.
''Storage is as important as the server for building continuously available, high-performance enterprise information environments,'' said Takashi Torii, Senior Vice President at NEC. ''EMC is the leading company in delivering a complete suite of enterprise storage software and hardware products that enterprises need to effectively manage mission-critical applications and gain competitive advantage.''
About EMC
EMC Corporation, a Fortune 500 company based in Hopkinton, Massachusetts, is the world's technology and market leader in the rapidly growing market for intelligent enterprise storage systems, software and services. The company's products store, retrieve, manage, protect and share information from all major computing environments, including UNIX, Windows NT and mainframe platforms. The company has offices worldwide, trades on the New York Stock Exchange under the symbol EMC, and is a component of the S&P 500 Index. For further information about EMC and its storage solutions, EMC's corporate Web site can be accessed at emc.com.
About NEC
NEC Corporation (NASDAQ:NIPNY - news) pioneered the concept of C&C, the integration of Computers and Communications, and is the only company in the world to be counted among top ranking corporations spanning the wide range of fields essential for this vision of multimedia: computers, communications and electron devices. Employing in excess of 150,000 people around the world, NEC saw net sales in fiscal year 1997-98 amount to 4.9 billion yen (approx. US$37 billion). For further information visit our home page at: nec-global.com
This release contains statements about future growth that are ''forward-looking statements'' under the Federal Securities Laws. Actual results could vary materially. Factors that could cause actual results to vary materially include, but are not limited to: component quality and availability, delays in the development of new technology and the transition to new products; the uneven pattern of quarterly results; changes in business conditions, changes and competitive factors in the computer storage market, changes in EMC's sales strategy and product development plans, competitive pricing pressures, economic trends in various geographic markets, fluctuating currency exchange rates, the relative and varying rates of product price and component cost declines, deterioration or termination of the agreements with certain of the company's OEMs or resellers, risks associated with acquisitions, Year 2000 issues, other one-time events and other important factors disclosed previously and from time to time in EMC's filings at the U.S. Securities and Exchange Commission.
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Contact:
EMC
Rick Lacroix/Dana Lieske, (508) 435-1000
lacroix_rick@emc.com lieske_dana@emc.com
or
NEC
Kazuko Andersen, (212) 702-7052
andersek@ccgate.ml.nec.com
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