Compaq Announces Across-the-Board Cuts in Server Pricing; Worldwide Market Share Leader Also Lowers Server Hard Drive Prices.HOUSTON--(BUSINESS WIRE)--July 10, 1995 -- Continuing to underscore The underscore character (_) is often used to make file, field and variable names more readable when blank spaces are not allowed. For example, NOVEL_1A.DOC, FIRST_NAME and Start_Routine. (character) underscore - _, ASCII 95. its corporate commitment to deliver best-in-class See best-of-class. products at competitive prices, Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. (NYSE NYSE See: New York Stock Exchange : CPQ CPQ Compaq CPQ Conseil du Patronat du Québec (Canada) CPQ Configure-Price-Quote CPQ Conseil de Presse du Québec (Québec Press Council, Canada) CPQ Companion Parrot Quarterly ) today announced across-the-board price reductions on all servers which ship with pre-installed hard drives, and announced price reductions of up to 29 percent on its server hard drive options. This announcement makes the best selling servers on the market even more affordable. Today's across-the-board price reductions, which affect hard drive models of the Compaq ProSignia 300; Compaq ProSignia 500; Compaq ProLiant 1500; and Compaq ProLiant 4500 families, keep the company strongly positioned to gain additional share in the server market during the second half of 1995. 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. industry analyst firm International Data Corporation and Compaq estimates, in the first quarter of 1995 Compaq gained share and led the industry by shipping 37 percent of all PC-based servers worldwide. Also according to International Data Corporation, Compaq's share in the super-server market, which includes enterprise-capable systems such as the recently introduced Compaq ProLiant 4500, reached over 70 percent. The company said price reductions on hard drive options were taken to ensure Compaq hard drives remain competitively priced with drives available on the open market. Compaq hard drives are rigorously tested and must pass a strict and exhaustive quality certification process before Compaq will ship the drive. Only drives which pass this certification process are supported under Compaq's Pre-Failure Warranty(a). The Pre-Failure Warranty, effective for three full years, allows customers to replace drives which are about to fail before the failure actually occurs. Customers are alerted in advance to the probability of a drive failure through Compaq's server management utility called Compaq Insight Manager. Compaq Insight Manager comes standard with every Compaq system and can be found on the Compaq SmartStart(b) CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). . Third-party drives installed in Compaq systems aren't supported under Compaq's Pre-Failure Warranty or under the more comprehensive Compaq SystemCare service and support program. Price Reduction Details Compaq reduced prices on hard drives ranging in capacity from 1.05GB to 4.3GB. A 1.05GB Fast-SCSI-2 hard drive previously priced at $688 is now priced at $577(c), a reduction of 16 percent. A 4.3GB Fast-SCSI-2 hard drive previously priced at $2,610 is now priced at $1,854, a reduction of 29 percent. Compaq reduced server prices by up to eight percent on all servers, including rack-mountable models, which ship with a pre-installed hard drive. A ProSignia 300 5/75 Model 2100 previously priced at $4,043 is now priced at $3,821, a reduction of five percent. A ProSignia 500 5/90 Model 2100 previously priced at $4,932 is now priced at $4,710, a reduction of five percent. A ProLiant 1500 5/75 Model 4200A previously priced at $9,839 is now priced at $9,384, a reduction of five percent. A ProLiant 4500 5/100 Model 8600A previously priced at $18,776 is now priced at $17, 231, a reduction of eight percent. Company Background Compaq Computer Corporation is the world's largest supplier of personal computers, offering desktop PCs, portable PCs and servers. Founded in 1982, the company reported 1994 worldwide sales of $10.9 billion. Compaq products are sold and supported in more than 100 countries through a network of more than 38,000 Compaq marketing partners. Compaq also sells directly to customers through Compaq DirectPlus at 1-800- 888-5858. Compaq provides 24-hour customer support and can be reached through the Compaq forums on America Online See AOL. , CompuServe, Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the (http://www.compaq.com), and Prodigy An online information service that provides access to the Internet, e-mail and a variety of databases. Launched in 1988, Prodigy was the first consumer-oriented online service in the U.S. , or by calling 1-800-345-1518. -0- (a) The Compaq Pre-Failure Warranty is valid only with Compaq-certified hard drives used in conjunction with the Compaq SMART SCSI SCSI in full Small Computer System Interface Once common standard for connecting peripheral devices (disks, modems, printers, etc.) to small and medium-sized computers. SCSI has given way to faster standards, such as Firewire and USB. Array controller and Compaq Insight Manager. (b) Compaq SmartStart, the Compaq integration tool for installing and integrating reliable servers, ships standard with every Compaq server. (c)All prices are estimated street prices; actual prices will vary. Compaq, Registered U.S. Patent and Trademark Office. ProSignia VS, ProSignia, ProLiant, Compaq SmartStart, Compaq Insight Manager are trademarks of Compaq Computer Corporation. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. CONTACT: Compaq Computer Corporation John Sweney, Jerele Neeld, Hedy Baker, Nora Hahn, Rebecca Kopf Nahas, Mike Berman, Brian Temple, Yvonne Donaldson 713-374-0484 or Miller Communications Donna Ruane, David Anderson David Anderson may refer to:
617-536-0470 SCollins@millercom.com |
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