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

To: Jeff R who wrote (20584)	2/5/1999 1:06:00 PM
From: Fang Li	Read Replies (2) \| Respond to of 29386

from JNI ANCOR AND JNI TEAM TO PROVIDE FIBRE CHANNEL SOLUTIONS JNI's SBus Dominance Drives Long-Term Strategic Agreement SAN DIEGO, February 5, 1999 -- JNI (formerly known as Jaycor Networks Inc.), today announced that it has reached a long-term OEM agreement to resell Fibre Channel switches from Ancor Communications, Inc. (NASDAQ:ANCR), a Fibre Channel pioneer and leading switch provider. In the agreement, effective February 1, 1999 JNI will integrate Ancor GigWorks[tm] high-performance switches with JNI PCI and SBus cards to provide storage and data-intensive network solutions based on Fibre Channel technology. The agreement covers multiple years. "Ancor's GigWorks switches require high-performance, high-quality adapter cards that address mission critical enterprise SBus systems down through departmental PCI workgroups," said Terry M. Flanagan Ph.D., president and CEO of JNI. "No company can match our performance, quality and breadth of product at a competitive price." Recently, JNI announced it had acquired all Adaptec Corp. (NASDAQ:ADPT) Fibre Channel products, including the chip used in JNI's adapter cards. "The Adaptec agreement only serves to strengthen our position as a leader in Fibre Channel," said Flanagan. "We now control the development of the primary chip as well as the software used in our adapter card, which is of great benefit to our partners such as Ancor." "JNI's high-performing adapter cards coupled with Ancor's switches truly deliver on the promise of Fibre Channel—bringing leading-edge speed, flexibility, and reliability to end users at a price that also performs," said Ken Hendrickson, Ancor's CEO. "Additionally, JNI's road map convinced us that a long-term strategic agreement will continue to provide best-of-class storage area networking solutions well into the future." Fibre Channel products are the enabling technology behind Storage Area Networks (SAN), one of the hottest trends in enterprise computing today. About Ancor Ancor Communications, Inc.,(Nasdaq:ANCR) provides GigWorks™ 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 www.ancor.com About JNI JNI, a leading developer of Fibre Channel products, offers a complete line of high-performance, high-quality Fibre Channel adapter cards, hubs, routers, switches, and software. JNI's leading-edge technologies target Storage Area Networks (SANs) and a broad range of networked storage applications, including video editing, banking/finance, government, and corporate enterprise, addressing the need for extremely reliable, high-speed network connections between clients, servers and storage devices. JNI (formerly known as Jaycor Networks Inc.) is a privately held company headquartered in San Diego. JNI is a member of the Fibre Channel Association, the Fibre Channel Community, and the FibreAlliance. For more information on JNI and the company's Fibre Channel products, visit the company's Web site www.jni.com. Contacts (Media Only): Natalie Calegari JNI 619-597-9652 ncalegari@jni.com Jennifer Cody Cohn & Wolfe 310-226-3046 jennifer_cody@cohnwolfe.com