NT Dominates in Mainframe Connectivity Market; IDC Reports CNT Revenues At Nearly Double That of Nearest Competitor in Channel Extension Market
PR Newswire - March 08, 1999 09:16
MINNEAPOLIS, March 8 /PRNewswire/ -- Affirming its strength in providing enterprise-class networking solutions, Computer Network Technology (CNT) (Nasdaq: CMNT), announced today that it was named the market leader in channel extension solutions. According to a recent report by International Data Corporation (IDC), CNT secured 44.2 percent of the $153.8 million market in 1998, compared with the nearest competitor's 23.3 percent.
CNT's channel extension technology is the foundation of its new storage area networking (SAN) initiatives. In leveraging this technology, CNT brings reliability, manageability and scalability to the high-availability world of storage networking. CNT has become a leader in enabling companies to implement SANs over wide areas while providing support for hybrid open systems and mainframe SANs. In fact, CNT has been chosen to provide our expertise by industry-leading storage technology providers such as BROCADE, Comdisco, EMC, IBM, Legato, and Sutmyn Storage.
"CNT is the leader in the channel extension market, and is aggressively pursuing opportunities in providing the communications infrastructure for storage applications, both in channel extension and in open systems storage networking," said Lucinda Santisario Borovick, Program Manager, at IDC. "Support for disk mirroring was a critical success factor for CNT."
Channel extension technology is a critical component in extending the reach of the mainframe beyond traditional boundaries, providing important support for the backbone of a company's information access. Applications include storage networking, disaster recovery, high speed print/output and disk mirroring. CNT's SAN solutions enable companies to create a SAN that moves and shares data between diverse systems components, such as mainframe and open systems. They offer high-speed, reliable and secure access to mission-critical stored information, including wide area connectivity.
"CNT's success stems from our ability to take our strengths into new markets, and this recognition from IDC validates our market domination in channel extension, an important technology precursor to SANs," said Mark Knittel, vice president of marketing and business development at Computer Network Technology. "Our customer base includes many of the Fortune 500, companies with mission-critical networking needs. We will continue to deliver the industry's most robust, extensible networking solutions to our customers."
About Computer Network Technology (CNT)
Computer Network Technology, based in Minneapolis, Minn., is a global company providing high-performance Storage Area Networking solutions, Enterprise Application Integration tools, and world-class support services. The company's Channelink(R), FileSpeed(TM), and UltraNet(R) product lines offer high-speed open systems connectivity, access to legacy data, and guaranteed data integrity for applications such as remote storage, disk mirroring and disaster recovery. CNT hardware, software, and services are used by organizations around the world to integrate large, business-critical applications and storage environments. The company's products are sold worldwide through a direct sales force and a network of authorized distributors. For more information, visit CNT's web site at cnt.com or call 800-638-8324 (U.S.) or 612-797-6000 (International).
All brand names and product names are trademarks or registered trademarks of their respective companies.
SOURCE Computer Network Technology
/CONTACT: Laurel Crewe of CNT, 612-797-6721, laurel_crewe@cnt.com, or
Julie Redard of Copithorne & Bellows, 617-450-4300, julie.redard@cbpr.com, for CNT/
Web site: cnt.com |
