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

To: Douglas Nordgren who wrote (20615)	2/6/1999 6:16:00 PM
From: Ken Richard	Respond to of 29386

The JNI Announcement from JNI's point of view: SAN DIEGO--(BUSINESS WIRE)--Feb. 5, 1999--JNI (formerly known as Jaycor Networks Inc.) Friday announced that it has reached a long-term OEM agreement to resell Fibre Channel switches from Ancor Communications Inc. (Nasdaq:ANCR.O), a Fibre Channel pioneer and leading switch provider. In the agreement, effective Feb. 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 chief executive officer of JNI. "No company can match our performance, quality and breadth of product at a competitive price." Recently, JNI announced that it had acquired all Adaptec Corp. (Nasdaq:ADPT.O) 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 (SANs), one of the hottest trends in enterprise computing today. About Ancor Ancor Communications 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 1-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. With headquarters in San Diego, 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. 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 at www.jni.com. --30--DB/la* BN/la CONTACT: JNI, San Diego Natalie Calegari, 619/597-9652 ncalegari@jni.com