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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Schultz who wrote (20426)	1/27/1999 9:20:00 AM
From: princesedi	Read Replies (1) \| Respond to of 29386

Ancor Signs OEM Agreement With INRANGE INRANGE Debuting New SAN Switches at ComNet '99 MINNEAPOLIS, Jan. 27 /PRNewswire/ -- Ancor Communications (Nasdaq: ANCR), a leading provider of Fibre Channel storage-area-network (SAN) switches, announced today it has signed an OEM agreement with INRANGE Technologies Corporation, a worldwide provider of end-to-end connectivity technology. Under the agreement, Ancor will provide INRANGE its GigWorks MKII family of switches, in both 8- and 16-port configurations, to integrate into INRANGE's Fibre Channel/9000 SAN switches. The agreement is additional to the licensing agreement Ancor announced with INRANGE in the fall of last year, and the third OEM agreement signed in the last two months. INRANGE's FC/9000 SAN switches will be introduced at ComNet '99, held this week in Washington, D.C. INRANGE chose Ancor's MKII family of switches for its high scalability and high aggregate bandwidth, features necessary to serve its customers' demanding enterprise data center environment. "Ancor's switches deliver on the promise of Fibre Channel to enable us to swiftly develop the FC/9000," said Dave Supinski, INRANGE's vice president of marketing. "This OEM relationship allows us to enter the SAN marketplace with a Fibre Channel pioneer and a proven leader in switch technology. INRANGE's customers will reap the benefits of gigabit-speed throughput, browser-based management, self-configuring ports, and multistage scalability." According to Carla Kennedy, Ancor's vice president of marketing, "INRANGE's expertise in enterprise data center environments coupled with the robust features and price performance of the MKII switch family allows INRANGE customers to take advantage of the most advanced, high-speed connectivity technology available. At about the price of a managed hub, the FC/9000 is an excellent solution to meet the growing networking, SAN and data center connectivity needs of the most compute-intensive environments." About Ancor Communications Ancor Communications Inc. provides GigWorks(TM) high-performance storage and data-intensive network solutions based on Fibre Channel technology. The company was the first to deliver a Fibre Channel switch, and the first to top the one-gigabit performance level. Ancor is a member of the Fibre Channel Association, the Storage Networking Industry Alliance, the Fibre Channel Loop Community, the ANSI Standards Committee, and the University of New Hampshire Fibre Channel Consortium to promote the advancement of Fibre Channel standards and interoperability. Information on Ancor is available on the World Wide Web at ancor.com About INRANGE Technologies Corporation INRANGE Technologies Corporation, (formerly General Signal Networks) an SPX company, is a provider of physical-layer switches for low- and high-speed networks; channel switches and channel extension products for copper- and ESCON-based mainframes and SCSI- and PCI-based servers; wavelength division multiplexing; fiber management systems; and performance monitoring and test systems for digital and analog networks. Headquartered in Mount Laurel, N. J., INRANGE Technologies has 1000 employees at manufacturing locations in New Jersey, Connecticut, and Massachusetts, and sales and support offices in the United States, Europe, and around the world. Forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 are qualified by the risk factors outlined in the documents Ancor Communications, Inc. files with the Securities and Exchange Commission. SOURCE Ancor Communications, Inc. CO: Ancor Communications, Inc.; INRANGE Technologies Corporation ST: Minnesota, New Jersey IN: CPR SU: 01/27/99 09:00 EST prnewswire.com