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

To: Roger Arquilla who wrote (21126)	3/17/1999 12:58:00 PM
From: Fang Li	Read Replies (3) \| Respond to of 29386

Is this the $35M rumored deal sometime ago, Ancor is to be supplier in the deal? nStor Technologies, Inc. To Supply High Performance RAID Storage ''Enclosure" To Major Computer Server Manufacturer Company Expects Total Revenues To Reach $35 Million During First Half Of 1999 LAKE MARY, Florida (December 1, 1998) -- nStor Technologies, Inc. (AMEX: ''NSO") today announced that it reached an understanding to supply its high performance RAID storage ''enclosure" to a multi-billion-dollar computer server manufacturer. Deliveries are expected to commence in the first quarter of 1999. ''We believe that this significant OEM relationship illustrates the potential for nStor's products and technology within the information storage industry," stated Lawrence Steffann, President of nStor Technologies, Inc. ''Including the projected sales to this OEM customer, nStor's total revenues are expected to reach $35 million in the first half of the upcoming year and continue to grow during the second half. We also expect the Company to return to profitability during the first six months of 1999." With more than eleven years' experience in data storage, nStor designs, manufactures and markets a full line of cross-platform storage solutions, including advanced external RAID subsystems, data storage products and tape backup solutions. nStor Corporation, Inc. (Conner Storage Systems prior to its acquisition in 1996 from Seagate Technologies) is a wholly-owned subsidiary of nStor Technologies, Inc. nStor's products are marketed through a worldwide network of OEMs, distributors, value-added resellers (VARs) and system integrators. Additional information about nStor and its products can be found on the World Wide Web at nstor.com or by calling 800-724-3511. nStor Technologies, Inc. is headquartered in Lake Mary, Florida, and its common stock is listed on the American Stock Exchange under the symbol ''NSO".