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

To: rupert1 who wrote (38755)	12/5/1998 10:57:00 AM
From: DownSouth	Respond to of 97611

> Compaq Rules RAID Products (but Dell has a new partner) netapp.com Companies Team to Address the Rapidly Expanding Network Attached Storage Market Round Rock, TX, November 4, 1998 -- Dell Computer Corp. (NASDAQ: DELL) and Network Appliance, Inc. (NASDAQ: NTAP) today signed an OEM agreement that will make Dell the first computer vendor to bring Network Appliance's industry-leading storage technology to the Windows NT® and Windows 2000® market. Products that result from this agreement will be available from Dell in 1999. Dell -- the no. 2 supplier of servers in the U.S. and no. 4 supplier worldwide -- and Network Appliance (NetApp), the leading provider of dedicated data-access and storage appliances, will work together to broaden the market for specialized networked file servers called "filers." Filers offload file access from general-purpose computer servers and speed access to the data for users across a network. Gartner Group's Dataquest estimates the market for storage appliances to grow from $900 million in 1998 to over $6 billion in 2002 as network attached storage (NAS) technology becomes increasingly adopted by a greater number of businesses. Enterprise customers can benefit from NetApp's multiprotocol NAS technology because users of both Windows and UNIX® systems, residing on the same network, can access the same data. This approach enables data resources to be consolidated onto one device, helping to simplify storage management and reduce storage implementation and support costs. NetApp's filer technology also offers high data availability through a patented dedicated architecture specifically designed for reliability and easy storage expansion. The companies will leverage Dell's direct business model and expertise in industry-standard, Windows NT systems to bring NetApp's leading filer technology to the growing market for network attached storage. Both Dell and NetApp are committed to high-end storage products based on the fibre-channel standard, which supports high-speed data transfer rates and more features for data availability. "Network Appliance is the industry leader and pioneer of the key technology required to build true network attached storage solutions," said Mike Lambert, senior vice president of Dell's Enterprise Systems Group. "This alliance will broaden the reach of our PowerVault™ storage line and help move Dell into a leadership position in bringing relevant storage technology to our customers worldwide." "Dell's leadership position in the NT server market and its emphasis on industry-standard enterprise storage solutions make it an ideal strategic business alliance for Network Appliance," said Dan Warmenhoven, president and CEO of Network Appliance. "We are confident that this alliance will help broaden the market for filer products and strengthen our leadership position worldwide." ---- Long on CPQ and NTAP