ADIC Captures Number One Market Share Position; IDC Numbers Give ADIC #1 Revenue and Unit Market Share for 2001 for All Automation Systems Using DLT, LTO, or 8mm Drives.Business Editors/High-Tech Writers REDMOND, Wash.--(BUSINESS WIRE)--May 1, 2002 Advanced Digital Information Corporation (Nasdaq:ADIC), the leader in Intelligent Storage(TM) systems, announced today that the Company has captured the number one market share position for the largest segment of the worldwide tape automation market -- the $1.4 billion market for all library systems that use LTO (Linear Tape Open) A family of open magnetic tape standards developed by HP, IBM and Quantum (formerly the Certance subsidiary of Seagate) that are licensed to third-party vendors. LTO cartridges contain a memory that stores historical usage data. , DLT (Digital Linear Tape) A magnetic tape technology originally developed by Digital for its VAX line. The technology was later sold to Quantum, which makes it available to other manufacturers. DLT uses half-inch, single-hub cartridges similar to IBM's 3480/3490/3590 line. , or AIT technology -- according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. IDC. The IDC report on the 2001 tape library market shows that between 2000 and 2001, ADIC(R) increased its revenue in this segment by 20% to $311 million and moved into the number one position with a 23% share of revenues. This market segment, which IDC designates the "mid-range tape automation market," includes all tape automation products -- from desktop autoloaders to enterprise libraries -- that use LTO Ultrium, DLT, SuperDLT, Mammoth mammoth, name for several large prehistoric elephants of the extinct genus Mammuthus, which ranged over Eurasia and North America in the Pleistocene epoch. , 8mm, or AIT drives from any manufacturer. Automation products using these technologies, which are most often used for backing up open system, client-server installations, accounted for the majority of tape automation revenues in 2001. "At the close of 2001, ADIC held the number one market share position both in terms of units and revenues in the worldwide mid-range tape automation market," said Robert Amatruda, Research Manager at IDC. "ADIC continues to deliver new products and win new 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 customers." "ADIC has captured leadership in this segment because we have transformed the tape library from a simple capacity device into an intelligent storage solution that makes enterprise data protection more effective and more easily managed," said Chuck Stonecipher, ADIC President. "Today, our fastest-growing business is for storage networking tape libraries with connectivity and management features that improve the performance and reliability of backup in SAN environments." "This success isn't new. From 1999 to 2001 ADIC nearly doubled its revenue in this key segment and moved from a number 3 market share to our current number 1 position. We continue to succeed because we design and build products that make the IT manager's job easier, deliver them through a global network of channel partners, and support them with a worldwide team of dedicated service professionals." About ADIC Advanced Digital Information Corporation (Nasdaq:ADIC) is a leading storage solutions provider to the open systems marketplace, offering a broad range of Intelligent Storage(TM) products designed to enhance organizations' abilities to store, protect, manage and use their rapidly growing network data. ADIC products include technology-independent automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. storage systems, specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. storage management software, and multiple-protocol storage networking (SAN/NAS) connectivity and management tools. ADIC storage products are available through a worldwide sales force and a global network of resellers and OEMs, including Dell, Fujitsu-Siemens, Hewlett-Packard, and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . Further information about ADIC is available at www.adic.com. ADIC and Scalar scalar, quantity or number possessing only sign and magnitude, e.g., the real numbers (see number), in contrast to vectors and tensors; scalars obey the rules of elementary algebra. Many physical quantities have scalar values, e.g. are registered trademarks and Intelligent Storage is a trademark of Advanced Digital Information Corporation. All other trade or service marks in this announcement should be considered the property of their respective owners. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion