ADIC to Present at the Lehman Brothers Global Storage Conference on Monday, October 28, 2002.Business Editors, Technology Writers REDMOND, Wash.--(BUSINESS WIRE)--Oct. 25, 2002 Advanced Digital Information Corporation (Nasdaq:ADIC) today announced that it will participate in the Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. Global Storage Conference at the Mark Hopkins Inter-Continental Hotel in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Calif. Peter van Oppen, ADIC chairman and chief executive officer, is scheduled to make a presentation at 9:00 a.m. Pacific time on Monday, Oct. 28, 2002 regarding the Company's products and strategy. The presentation will be available via audio webcast from the ADIC website at http://www.adic.com/ir. The webcast will also be available live at http://www.lehman.com/conferences/globalstorage2002. About ADIC Advanced Digital Information Corporation (Nasdaq:ADIC) is a leading provider of Intelligent Storage(TM) solutions to the open systems marketplace. ADIC(R) is the world's largest supplier of automated tape systems using the drive technologies most often employed for backing up open system, client-server networks(a). The Company's data management software and storage networking appliances provide IT managers' innovative tools for storing, managing and protecting their most valuable digital assets. 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) . For more information, visit www.adic.com. (a) Market share from IDC 2001 worldwide revenue and unit market share data for all automated systems using 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. , SDLT (Super DLT) See DLT. , 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. , 8mm or AIT drives and Gartner/Dataquest, 2002 Market Shares and Forecasts for Tape Automation Systems, F. Yale, August 2002. ADIC and StorNext are registered trademarks and Intelligent Storage is a trademark of Advanced Digital Information Corporation. All other trade or service marks mentioned in this release should be considered the property of their respective owners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion