ATL Products Moves to World's Largest Facility Dedicated to DLT Automation; Increased Demand for Data Storage Libraries Prompts Move.IRVINE, Calif.--(BUSINESS WIRE)--Sept. 25, 1997--ATL Products Inc. (NASDAQ NASDAQin full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ATLPA), a leading supplier of 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. libraries, today announced it has doubled the size of its worldwide headquarters by moving to a 125,000 square foot building in Irvine. The state-of-the-art facility is designed to provide the manufacturing capacity needed to support the company's rapidly expanding sales. 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. Dr. Kevin Daly, president and chief executive officer of ATL (Active Template Library) A set of software routines from Microsoft that provide the basic framework for creating ActiveX and COM objects. Stemming from the standard template library (STL) that comes with C++ compilers, ATL includes an object wizard that sets up : "The move was prompted by the company's need to keep pace with strong product demand from VAR 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 customers, including Auspex aus·pex n. pl. aus·pi·ces An augur of ancient Rome, especially one who interpreted omens derived from the observation of birds. [Latin; see auspice.] Noun 1. , Data General, Digital Equipment Corp., 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. , Siemens-Nixdorf and Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. . The new facility provides the space needed for our marketing, sales and product support activities, as well as key research and development programs that will fuel the company's growth in the years ahead." The DLT market and ATL Products are well-positioned for rapid growth in the future. Freeman Associates, a market research company in Santa Barbara, Calif., expects DLT library sales to grow 42 percent by the year 2001. ATL Products, recently selected to the Southern California Fast 50 Program by Deloitte & Touche LLP LLP - Lower Layer Protocol for being one of the 50 fastest growing technology companies in Southern California, is a storage automation market leader with a broad line of DLT libraries, including the 520 Series, 7100 Series, 2640 Series and StorLink Series. ATL libraries offer capacities up to 45 DLT drives or 1300 DLT cartridges and backup performance of up to 810 GB per hour. Additionally, ATL Products recently announced the groundbreaking Prism Library Architecture, Prism-based P1000 Series DLT libraries WebAdmin library management software. With headquarters in Irvine, ATL Products manufactures a wide range of DLT automated tape library systems for the network server, mid-range and high-end computer markets. ATL libraries demonstrate industry-leading, field-proven reliability and data availability based on company's IntelliGrip automation technology and ATL-specified DLT tape drives. ATL provides sales and service throughout the United States and major cities in Europe and Asia. For additional information, call ATL Products at 714/774-6900, or browse the ATL Products Web site at http://www.atlp.com . -0- DLT is a trademark of Quantum Corp. worldwide. -0- This news release contains forward-looking statements regarding the company's growth. The actual results of the company may differ materially and will depend on its performance which could be adversely affected by such factors as short product lives, unexpected shortages of critical components, the timing and market acceptance of planned new product introductions, competition (including new and directly competitive products from others), and the significant uncertainty of market acceptance of new products by both distribution channels and end-user customers. The company's forward-looking statements are qualified by reference to these factors affecting its business. Investors are strongly urged to review the risk factors set forth in the company's last filed 10K and 10Q. CONTACT: ATL Products, Irvine Chet Baffa, 714/477-7702 cbaffa@atlp.com or Frank Berry, 714/477-7827 frankb@atlp.com |
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