[2] nStor Signs Victor Data Systems, Ltd. To Multi-Million Dollar Contract; Subsidiary of JVC to Integrate nStor Solutions for Asian Market.Business Editors SAN DIEGO--(BUSINESS WIRE)--Oct. 24, 2000 nStor Technologies, Inc. (AMEX AMEX See: American Stock Exchange : NSO NSO National Symphony Orchestra NSO National Statistics Office (Philippines) NSO National Solar Observatory NSO New Student Orientation NSO National Statistical Office NSO Nevada Site Office NSO Nonqualified Stock Option ) today announced that Victor Data Systems, Limited (VDS (Virtual DMA Services) A programming interface that lets bus mastering devices cooperatively manage DMA channels. ), a subsidiary of Victor Company of Japan, Limited (JVC JVC Victor Company of Japan (or Japan's Victor Company) JVC Jewelers Vigilance Committee JVC Jesuit Volunteer Corps JVC Jet Vane Control (directs VLS-launched missiles) JVC Jonker-Volgenant-Castanon ) has chosen the NexStor 3150 Fibre Channel RAID system as the primary RAID offering in its custom-built SAN solutions designed for the Japanese and Asian markets. The NexStor 3150 is the world's first Fibre Channel RAID system that has room for up to 584GB of storage and active/active RAID controllers in a 2U (3.5") enclosure. "nStor has been very active in pursuing both OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and System Integrator business opportunities here and abroad," commented Jim Habuda, vice president of nStor OEM and Indirect Sales. "Victor Data Systems is one of the first of several opportunities to come to fruition. They are a well-established Japanese company with a rich heritage and should do very well with our products in this market." "We are very pleased to offer the nStor storage systems as part of our solutions, especially, our SAN solutions," said Mr. Teruo Sugiyama, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of VDS. "The small, very dense form factor of the NexStor 3150 and the NexStor 802F expansion unit are ideal for our market where space is at a premium. We have already made sales with this product and have found a high level of interest in its unique features." The NexStor 3150 and NexStor 802F The storage NexStor 3150 and NexStor 802F solutions packs an unprecedented eight disk drives into less than 3 1/2 inches (2U) of data center rack space, making it the smallest enterprise-level storage system on the market. The NexStor 802F enclosure accepts 1-inch or 1.6-inch Fibre Channel disk drives in a compact 2U enclosure for standard 19-inch racks, yielding almost twice the storage capacity in the same space as competitive alternatives. The NexStor 3150 is a storage solution that integrates Fibre Channel RAID controllers within the same enclosure and utilizes additional 802F's for scalability and creates the smallest fault-tolerant, SAN-ready enterprise storage system on the market. The NexStor 3150/802F provides the utmost in reliability and fault-tolerance. It features nStor's hot-swappable loop resiliency circuit (LRC (Longitudinal Redundancy Check) An error checking method that generates a parity bit from a specified string of bits on a longitudinal track. In a row and column format, such as on magnetic tape, LRC is often used with VRC, which creates a parity bit for each ) cards that handle Fibre Channel re-timing and clock recovery on both the transmit and receive signals, while serving as an active hub A central connecting device in a network that regenerates signals on the output side to keep the signal strong. Also called a "multiport repeater." Contrast with passive hub and intelligent hub. See hub. for cabinet daisy-chaining. This design eliminates signal degradation that can result in unreliable loop operation when an enclosure simply relies on disk drives to re-time the signal. This technology provides extremely reliable high performance over the Fibre Channel interface. Other features include dual power cords, as well as hot-swappable drives, fans and power supplies. The NexStor 3150 also features hot-swappable, active/active Fibre Channel RAID controllers. About Victor Data Systems Company, Ltd. Victor Data Systems Company, Limited (VDS) was established in 1973 from the R & D Division of Victor Company of Japan, Limited (JVC) with the initial aim of producing magnetic tape drives and order entry systems. Since that time, VDS has blossomed into a full-fledged manufacturer of computer peripherals, developing innovative devices and systems and performing a major role in JVC's Information Equipment Group. About nStor Headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. , nStor Technologies is a leading provider of high performance, high availability information storage solutions for Windows NT, Unix and Linux platforms. Designed for storage-intensive environments such as the Internet or other mission-critical applications, nStor's product range from Fibre Channel and SCSI SCSI in full Small Computer System Interface Once common standard for connecting peripheral devices (disks, modems, printers, etc.) to small and medium-sized computers. SCSI has given way to faster standards, such as Firewire and USB. RAID-ready solutions, to full active/active, enterprise-level RAID offerings, as well as advanced storage management software. nStor trades on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. under the symbol NSO, and markets its products through a direct sales force and a global network of reseller and OEM partners. Additional information about nStor can be found by visiting our web site at www.nstor.com. This press release includes statements that may constitute "forward-looking" statement, usually containing the words "believe," "estimated," "project," "expect," "anticipate," or similar expressions. These statements are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products in the marketplace, competitive factors, dependence upon third-party vendors and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. nStor is a registered trademark of nStor Technologies, Inc. |
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