ARTE up 1/2. News here.
Artecon and Inktomi Sign OEM Agreement; New Alliance Enables Artecon and Inktomi to Target Telecommunications and Mid-tier ISP Market
SAN DIEGO--(BUSINESS WIRE)--April 12, 1999--Artecon (Nasdaq:ARTE), a leader in network storage solutions, and Inktomi Corp. (Nasdaq:INKT), a leading provider of scalable Internet infrastructure software, today announced an OEM agreement to build the first vertically focused caching solution for Inktomi's Traffic Server(TM) platform.
Artecon will utilize Inktomi's network caching technology to create fully integrated carrier-class caching systems that enable accelerated content delivery over the Internet.
"Becoming a supplier of Internet infrastructure is a natural direction for Artecon, building on their experience and reputation as a telecommunications equipment supplier," said Peter Christy, principal at Collaborative Research (Los Altos, Calif.), the leading market research and information services firm focused on emerging Internet, e-business and e-commerce infrastructure. "Caching systems provide the intelligent storage that is essential to deliver the cost-effective, high quality of service experience that fuels the growth of the Internet. Telecommunications is an important part of the caching market, and Inktomi is certainly an ideal partner with whom to enter the market."
Caching plays a key role in maintaining and improving network performance by speeding data access. The combination of Traffic Server with Artecon's high-availability storage systems and Telco/ISP systems integration experience will enable the development of plug-and-play, fault-resilient systems.
"We are pleased to be collaborating with Inktomi," said Miles Moore, Artecon's vice president of marketing. "This alliance represents the perfect marriage of carrier-class network caching technology and carrier-class storage systems. With our strategy to provide fully integrated product solutions, Inktomi and Artecon together will bring Traffic Server to a broader segment of the service provider market. Today's announcement is recognition of Artecon's commitment to our Internet storage initiative, and we will continue to aggressively pursue the development of new solutions that satisfy the performance requirements of the network infrastructure market."
"Artecon's network storage and telecommunications expertise coupled with the Traffic Server platform provides a turnkey solution for the telecommunications marketplace," said Vince Vannelli, vice president of worldwide field operations at Inktomi. "Inktomi's carrier-class network cache enables telcos and ISPs to scale their operations to meet rapidly growing demand and performance requirements."
About Artecon
Founded in 1984, Artecon designs, manufactures, markets and supports a broad range of network storage solutions to address the high availability, performance and capacity demands of the open systems market. The company's products include the EXTREME product line that comprises disaster-tolerant RAID systems for Telco Central Office and Internet applications.
Customers include Worldcom/UUNET, PSINet, MCI Internet, Global Internet, America Online, SBC Communications, and Cable & Wireless. Artecon has a Japan-based subsidiary and a Europe-based subsidiary with offices in France, England and the Netherlands. Additional information on Artecon can be found on the Internet at artecon.com.
About Inktomi
Based in San Mateo, Calif., Inktomi (pronounced INK tuh me), develops and markets scalable software designed for the world's largest Internet infrastructure and media companies. Inktomi's products include the world's largest search engines, online comparison shopping solutions, and carrier-class network cache software.
Inktomi works with leading companies including America Online, @Home Network, CNET, CNN, GeoCities, Intel, RealNetworks, Sun Microsystems, and Yahoo!. The company has offices in North America, Europe, and Asia. For more information, visit inktomi.com.
This press release contains forward-looking statements, including statements regarding each company's expectations and product development plans, which are subject to change. Because such statements include risks and uncertainties, actual results may differ materially from those described in any forward-looking statement. For more information regarding potential risks, please see the "Risk Factors" or "Factors Affecting Operating Results" section of each company's most recent filings made with the Securities and Exchange Commission, which may be accessed on the World Wide Web at sec.gov.
CONTACT:
Artecon
Sudi Liu, 760/431-4463
sudi.liu@artecon.com
or
Inktomi Corp.
Kevin Brown, 650/653-2825
kebrown@inktomi.com
KEYWORD: INTERNATIONAL ASIA PACIFIC EUROPE CALIFORNIA
BW0225 APR 12,1999
6:31 PACIFIC
|
