Chaparral Network Storage Files for Initial Public Offering.Business/High Tech Editors LONGMONT, Colo.--(BUSINESS WIRE)--March 8, 2000 Chaparral Network Storage, Inc., today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its Common Stock. The initial public offering is being managed by Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. , Salomon Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. , Bear, Stearns & Co. Inc. and Needham & Company, Inc. When available, a copy of the final prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. related to the offering can be obtained from Credit Suisse First Boston, 11 Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S. , New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10010, or Salomon Smith Barney, 140 58th Street, Brooklyn NY 11220, Attention: Prospectus Department. A registration statement on Form S-1 relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Common Stock has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or a solicitation of an offer to buy the Common Stock, nor shall there be any sale of the Common Stock in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification of the Common Stock under the securities laws of any such state. About Chaparral Network Storage, Inc. Chaparral is a leading provider of high performance products that facilitate the movement of data between networked storage devices. The Company is focused primarily on developing products for use in the emerging market for SANs. Chaparral's Intelligent Storage Routers facilitate the interconnection of SANs with existing SCSI-based servers and storage systems. Chaparral's external RAID controllers distribute data across multiple hard disk drives to increase data transfer speeds and deliver fault tolerance See fault tolerant. (architecture) fault tolerance - 1. The ability of a system or component to continue normal operation despite the presence of hardware or software faults. This often involves some degree of redundancy. 2. . The Company's products are designed to provide a high level of performance, availability and functionality. |
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