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


To: trendmastr who wrote (21413)4/18/1999 8:24:00 PM
From: PAR  Respond to of 29386
 
>> I guess the question is where is ANCR?

a day late and a dollar short (as usual).



To: trendmastr who wrote (21413)4/19/1999 8:33:00 AM
From: Neil S  Read Replies (3) | Respond to of 29386
 
MicroNet to Integrate Ancor Fibre Channel SAN Switches for Video and Prepress Customers

MINNEAPOLIS, April 19 /PRNewswire/ -- Ancor Communications Inc. (Nasdaq: ANCR) today announced an OEM agreement with MicroNet Technology Inc., a leading supplier of high-performance RAID disk arrays. Under the agreement, MicroNet plans to include Ancor's GigWorks MKII Fibre Channel switches in its FibreFlex storage area network (SAN) solution, dramatically boosting the performance of its offering for customers in the video and pre-press industries.

MicroNet's FibreFlex workgroup SAN solution is based on its powerful Genesis Fibre Channel-ready RAID system and Ancor's scalable MKII switches. Available today, it also incorporates ATTO Technology's dual FibreBridge, enabling users to move data at Fibre Channel speeds.

Said Robert Faulkner, MicroNet's general manager, "We chose Ancor's switches because we wanted to deliver the highest-performing, easiest-to- install switched SAN solution. With the lowest latency in the industry and self-configuring ports, Ancor's MKII switches fit the bill."

"MicroNet's years of experience and its focus on quality and service enable the company to quickly deliver a robust SAN solution to solve the storage crunch of video and pre-press customers," said Cal Nelson, Ancor's president. "Switched SANs in these industries are going mainstream, and that's great news for anyone managing terabytes of data."

About Ancor Communications

Ancor Communications, Inc. provides GigWorks(TM) high-performance Fibre Channel switches for storage and data-intensive network solutions, including storage-area networks (SANs). The company was the first to deliver a Fibre Channel switch, and the first to top the one-gigabit performance level. Ancor has OEM agreements to provide switches to Forefront Graphics, INRANGE Technologies, JNI (formerly Jaycor Networks), nStor, and Prisa Networks. Ancor is a member of the Fibre Channel Association, the Storage Networking Industry Alliance, the Fibre Channel 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 ancor.com

About MicroNet

Based in Irvine, Calif., MicroNet Technology Inc. is a leader in the development of a full range of data storage solutions for creative professionals and IS managers with enterprise wide networks. MicroNet's extensive line of storage solutions include Genesis RAID systems, Fibreflex workgroup solutions, drive management software, the DataDock family of transportable data storage systems, award-winning disk arrays, hard disk drives, DVD-RAM, CD recording systems, DLT, AIT and DAT backup systems. MicroNet products are available through Ingram Micro Inc., resellers, VARs and distributors worldwide. For product and reseller information, contact the sales department of MicroNet Technology, Inc. Tel: 949-453-6101. MicroNet can be found on the World Wide Web at micronet.com . MicroNet Technology is a wholly-owned subsidiary of Ampex Corporation (Amex: AXC) ( ampex.com ).

For more information about Fibre Channel technology and Ancor Fibre Channel solutions, call 800-342-7379 or access World Wide Web site ancor.com . Media, contact Mary Miller, Ancor, at 612-932-4071 or marym@ancor.com or Aaron Pearson, Shandwick, at 612-841-6217 or apearson@shandwick.com

Forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 are qualified by the risk factors outlined in the documents Ancor Communications, Inc. files with the Securities and Exchange Commission.

Statements contained in this press release regarding MicroNet's future purchases of Ancor's products are forward looking statements. Factors which may affect Ancor's ability to achieve the results implied by such forward looking statements include whether, as the Fibre Channel market matures, Ancor is able to continue to provide the technology and features required by the SAN market, whether Ancor's products continue to perform to their specifications, or whether MicroNet changes its product plans.

SOURCE Ancor Communications, Inc.

CO: Ancor Communications, Inc.; MicroNet Technology Inc.; Ampex Corporation

ST: Minnesota, California

IN: CPR

SU:

04/19/99 08:30 EDT prnewswire.com