Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (6588)	6/2/1999 10:20:00 AM
From: bob gauthier	Read Replies (1) \| Respond to of 17183

EMC and KPMG Form Alliance to Implement Advanced Information Infrastructure Solutions HOPKINTON, Mass. and MOUNTAINVIEW, Calif.--(BUSINESS WIRE)-- June 2, 1999-- World's Largest Provider of Intelligent Enterprise Storage Systems and Leading Professional Services Firm to Expand Their Existing Infrastructure Practice EMC Corporation, the world's leading provider of enterprise storage systems, software and services and KPMG LLP, a leading professional services firm, today jointly announced the signing of a new agreement. With this agreement, EMC will work collaboratively with KPMG to assess, plan, design and deliver enterprise storage solutions to customers. While EMC and KPMG have maintained a working relationship for several years, the agreement will increase the scope and application of their combined activities. As part of the alliance: KPMG's consulting group will extend its Enterprise Infrastructure practice to include storage architecture and begin working in conjunction with EMC's Professional Services organization to make EMC's high performance, high availability enterprise storage solutions available to KPMG clients. Both will utilize EMC Professional Services methodologies. Both will jointly identify and address new business opportunities and create an Enterprise Storage Solutions Center to support their joint efforts. EMC will continue to sell, install and service its systems and software while working in conjunction with KPMG. Ross Curtis, KPMG's Partner-in-Charge, Business Development, and executive sponsor of the firm's alliance with EMC commented, ''The explosive growth of information, e-commerce and convergent technologies will require enterprise IT managers to employ increasingly sophisticated and scalable storage solutions to ensure data integrity. By combining our core business consulting practices with this expanded enterprise infrastructure practice, we can offer clients in all industries extended IT resources and enhanced support at the business level. As we help our clients migrate toward the fully open systems network environment, our alliance with EMC will serve as a foundation upon which deployment of new technology advances can be based.'' Robert Dutkowsky, EMC's Executive Vice President of Markets and Channels, said, ''Enterprise storage is now a core technology and is a critical component of a customer's information infrastructure, especially when deploying applications such as e-commerce or ERP. Customers are turning to leading firms like KPMG to deliver complete assessments covering all the components of their IT infrastructure, including enterprise storage. By teaming with KPMG, EMC will provide customers with another resource to help them deploy best-of-breed solutions that meet their business requirements.'' About EMC EMC Corporation, a Fortune 500 company based in Hopkinton, Massachusetts, is the world's technology and market leader in the rapidly growing market for intelligent enterprise storage systems, software and services. The company's products store, retrieve, manage, protect and share information from all major computing environments, including UNIX, Windows NT and mainframe platforms. The company has offices worldwide, trades on the New York Stock Exchange under the symbol EMC, and is a component of the S&P 500 Index. For further information about EMC and its storage solutions, EMC's corporate web site can be accessed at emc.com. About KPMG KPMG LLP is the U.S. member firm of KPMG International. In the U.S., KPMG partners and professionals provide a wide-range of accounting, tax and consulting services. As a provider of information-based services, KPMG delivers understandable business advice helping clients analyze their businesses with true clarity, raise their level of performance, achieve growth and enhance shareholder value. KPMG International's member firms have more than 6,700 partners and 92,000 professionals in 157 countries. KPMG's Consulting practice can be found on the web at http://www. kpmgconsulting.com or reached through the firm's site at us.kpmg.com. EMC is a registered trademark of EMC Corporation. Other trademarks are the property of their respective owners. -------------------------------------------------------------------------------- Contact: EMC Rick Lacroix, 508-435-1000 (Ext. 77261) lacroix_rick@emc.com or KPMG Ed Luboja, 201-505-8848 elubojajr@kpmg.com