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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (84187)	12/8/1998 10:16:00 AM
From: Mohan Marette	Read Replies (3) \| Respond to of 176387

StorageTek to provide tape library technology for DELL Powervault storage products. STORAGETEK TO PROVIDE TAPE LIBRARY TECHNOLOGY FOR DELL POWERVAULT STORAGE PRODUCTS. Business Editors & High Tech Writers LOUISVILLE, Colo.--(BUSINESS WIRE)--Dec. 8, 1998-- OEM Agreement With Dell Brings Enterprise Class Automated Storage Solution To Dell's Global Customer Base StorageTek(R) (Storage Technology Corp.)(NYSE: STK) today announced a worldwide relationship with Dell(R) Computer Corp., under which Dell will OEM StorageTek's high-performance automated 9730 tape library. This agreement leverages Dell's broad, global direct sales channels to provide Windows NT users the benefits of StorageTek's tape automation technology. Dell will brand the StorageTek 9730 tape library as the PowerVault(TM) 130T, which is available immediately in the United States and Europe. "As Dell broadens its portfolio of enterprise systems, reliable, scalable backup solutions are a critical component for our PowerVault line of storage products," said Kevin Reinis, director of PowerVault Product Marketing for Dell. "We chose to partner with StorageTek because it leads the industry in tape automation with powerful products that will benefit our enterprise customers." There is a growing need for reliable backup, access and restore options in the Windows NT market. As email volumes and company data increase, customers need powerful, reliable storage solutions. StorageTek's tape automation is an ideal storage medium for backup, access and restore. Dell, by partnering with StorageTek, can now offer its customers a complete and proven storage solution to address new data-intensive applications and demands as part of its PowerVault storage line. By integrating StorageTek's tape technology, Dell joins other StorageTek partners who have chosen StorageTek's superior tape automation solutions to complement their server offerings. StorageTek's leadership in tape automation has resulted in strategic partnerships with many leading server vendors including Bull, Hewlett-Packard, NCR, Sequent and Silicon Graphics. StorageTek announced a partnership with Silicon Graphics today in a separate news release. "Windows NT enterprise storage is evolving to new standards," said Janet Waxman, program manager, Systems and Storage Distribution Channels, IDC. "StorageTek's seize on the Windows NT market, is reinforced with the addition of strategic relationships such as the OEM agreement with Dell. IDC expects that StorageTek will continue to broaden it's indirect focus strengthening it's position with all channels - direct, reseller and OEM." "StorageTek is already the leader in open systems tape automation," said Sylvia Summers, vice president and general manager of StorageTek's Multiplatform Business Group. "Our strength and growth in the Windows NT market is validated by heavyweights like Dell who team with StorageTek to help build their line of storage products. StorageTek's reliable and proven technology will help to ensure that PowerVault is a market success." Robust Storage Automation The Dell PowerVault 130T tape library holds over two terabytes of compressed data (10 million text pages), with transfer rates of up to 144 gigabytes per hour and an average access time of less than 6 seconds. It can support up to 4 DLT 7000 or DLT 4000 tape drives. With ready access to data and mission-critical applications, StorageTek's tape technology provides customers with one of the industry's most reliable and scalable solutions on the market. (Source:Bloomberg)