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Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?

To: trendmastr who wrote (1260)	5/18/1999 1:13:00 PM
From: Douglas Nordgren	Read Replies (1) \| Respond to of 4808

Here's a better one - <g> SEG & HWP e-storage pact: (anyone know what e-speak is?). biz.yahoo.com Seagate Extends Technology Portfolio: Embraces Internet Storage Services through New Hewlett-Packard E-Services Offering HP Partnership Positions Seagate for Internet Storage Services Benefiting End Users and Service Providers SCOTTS VALLEY, Calif., May 18 /PRNewswire/ -- Seagate Technology, Inc. (NYSE: SEG - news) has leveraged its growing portfolio of intelligent storage technologies to support Hewlett-Packard's new e-speak offering by providing the capability to deliver Internet storage services and products to both end users and service providers. ''Seagate continues to leverage its leadership position in storage technology to expand its role beyond storage devices into storage services,'' said Steve Luczo, Seagate's president and chief executive officer. ''The Company is committed to integrating Seagate's Internet products and services with HP's e-services technology. With the increasingly valuable role storage is playing as an asset in the enterprise and across the Internet, HP's e-speak offering is an ideal medium for providing highly-available secure storage on the Internet.'' ''Seagate is partnering closely with HP in developing the capabilities of storage for e-services,'' said Valerie Negler, Seagate's Intelligent Storage Platforms Group vice president. ''With a projected four-fold growth in e-commerce over the next four years, HP's e-speak is uniquely positioned to help resolve the complexity of user services. HP's e-services offering provides a medium for Seagate to develop storage services and products with new partners and customers.'' As illustrated by Seagate's recent announcement of the Intelligent Storage Platforms Group, the company has initiated joint development with a number of partners exhibiting strong expertise in the Internet, networking, storage management, and performance processing, complementing Seagate's strengths. Seagate endorses HP's e-speak offering as a tool to fuel the growth for future e-commerce development.