ADIC To Present At JPMorgan H&Q 29th Annual Technology Conference on May 3, 2001.Business Editors/Technology Writers REDMOND, Wash.--(BUSINESS WIRE)--May 1, 2001 Advanced Digital Information Corporation (Nasdaq:ADIC) today announced that it will participate in the JPMorgan H&Q 29th Annual Technology Conference in San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] , April 30-May 4, 2001. Peter van Oppen, ADIC's Chairman and Chief Executive Officer, is scheduled to make a presentation at 10:30 a.m. Pacific Time on Thursday, May 3, 2001 regarding the Company's products and strategy, expected second quarter revenues, outlook for 2001 revenues and the status of its branded and 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 sales channels. The presentation will be available via webcast at the JPMorgan H&Q website http://www.jpmhq.com/events//. Subsequently, the webcast will be available on a delayed basis through the ADIC website at http://www.adic.com/ir. About ADIC Advanced Digital Information Corporation (Nasdaq:ADIC) is a leading device-independent storage solutions provider to the open systems marketplace offering a broad range of products designed to enhance organizations' abilities to store, protect, manage and use their rapidly growing network data. ADIC solutions include 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 libraries, storage management software, and storage networking (SAN/NAS) connectivity tools. ADIC storage products are available through a worldwide sales force and a global network of resellers and OEMs, including Dell, EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. , 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 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) . On January 30, the Company announced that it had entered into a merger agreement with storage networking pioneer Pathlight Technology, Inc. for total consideration of 10.3 million ADIC shares. The merger is expected to close on May 11, 2001. The merged companies will offer a broad range of Intelligent Storage(TM) products including SAN management, connectivity and virtualization An umbrella term for enhancing a computer's ability to do work. Following are the ways virtualization is used. Hardware Virtualization Partitioning the computer's memory into separate and isolated "virtual machines" simulates multiple machines within one physical computer. products that complement ADIC's existing storage hardware and software solutions. Further information about ADIC is available at www.adic.com. ADIC is a registered trademark of Advanced Digital Information Corporation. All other product or service marks mentioned in this release should be considered the property of their respective owners. |
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