ADIC To Double Redmond Facilities; Growing Demand for Storage Management Solutions Drives Expansion.Business Editors, High-Tech Writers REDMOND, Wash.--(BUSINESS WIRE)--March 23, 2000 Advanced Digital Information Corporation (Nasdaq:ADIC) announced today that it will nearly double the size of its Redmond Washington facilities with the signing of a lease to add a 78,000-sq. ft. building to its current operation. The new facility will provide for increased manufacturing capacity, additional office space, and expanded test and systems engineering labs. Occupancy of the new building is expected to take place this summer, just over two years after ADIC(R) moved into its current Redmond headquarters. Company officials noted that new space is needed to support the new products and customers that are fueling ADIC's growth. ADIC has sustained a compound annual growth rate in excess of 50% since 1995. Today, the Company is the industry's largest drive-independent supplier of automated tape libraries, which it markets under the ADIC brand as well as through 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 partners. During the last year, new OEM agreements with 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) , Fujitsu Siemens (Fujitsu Siemens Computers, Inc. (USA), Milpitas, CA, www.fujitsu-siemens.com) Fujitsu Siemens Computers USA is a wholly owned research and development subsidiary of Fujitsu Siemens Computers. and Tandberg Data Tandberg Data (OSE: TAD) is a company focused on data storage products, especially streamers, headquartered in Oslo, Norway. They are the only company still selling drives that use the QIC format (also known as SLR), but also produce VXA, LTO and DLT products, along with were added to existing relationships with Dell, Unisys, and Exabyte. The company is also one of the leading suppliers of storage management software, offering several products that allow data to be shared between different network users, including the CentraVision(TM) file sharing Copying files from one computer to another. See peer-to-peer network, file sharing protocol and file and printer sharing. system which enables high-bandwidth collaborative workflow in SAN environments. Other recent expansion of the Company's product line include the addition of complete SAN backup solutions and the introduction of the Scalar 100, the first automated tape storage library designed to also operate as a NAS (1) See network access server. (2) (Network Attached Storage) A specialized file server that connects to the network. A NAS device contains a slimmed-down operating system and a file system and processes only I/O requests by supporting the popular appliance. "ADIC is growing because we are expanding the kinds of data storage solutions we offer, because of new OEM relationships with rapidly growing partners, and because data itself continues to grow throughout the enterprise," noted Chuck Stonecipher, ADIC president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "We need this space in order to continue to satisfy the growing demand for innovative products that can help our customers manage and access their network information." The additional space does not affect other ADIC facilities. The Company will continue to operate major corporate, manufacturing, and R&D centers in Denver, Colorado; Boehmenkirch, Germany; and Paris, France. About ADIC With more than 55,000 automated tape libraries installed and a suite of innovative software solutions and Storage Area Networking (SAN) products, ADIC is a leading global provider in the growing market to manage and protect information for computer networks. Marketed under ADIC and ADIC/GRAU brands and the brands of OEM partners, including Dell, Fujitsu Siemens, IBM, Exabyte and Unisys, the Company's automated tape libraries are available with DLTtape, AIT, D2, half-inch, and 4mm tape technologies, and are supported by leading backup and storage management software products for Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. , UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). , and mainframe operating systems. The Company's own storage management tools include AMASS (Archive Management And Storage System) Tape management software for Unix from Quantum Corporation, Colorado Springs, CO (www.quantum.com). Originally developed by ADIC, AMASS makes the tape library look like an infinite disk drive to the application. (R) and CentraVision(TM), software products which provide users with shared access to network data. A pioneer in Storage Area Networks, ADIC's Open SAN solutions combine open-system SAN hardware and software with installation services and single-call support. Further ADIC information is available at http://www.adic.com. ADIC, AMASS, CentraVision, and Scalar are trademarks of Advanced Digital Information Corporation. All other product and service marks mentioned in this release are the property of their respective owners. |
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