EMC CORPORATION SELLS ADDITIONAL HIGH-END SYMMETRIX SYSTEMS TO U.S. BANK HOLDING GIANT.HOPKINTON, MASS.--(BUSINESS WIRE)--May 1, 1995--EMC Corporation, a world leader in data storage and retrieval technology, today announced that First Union Corporation, the nation's ninth largest bank holding company, purchased several additional Symmetrix 5500-9 Integrated Cached Disk Arrays (ICDA ICDA abbr. International Classification of Diseases, Adapted for Use in the United States ) for its mission critical applications. This latest purchase makes First Union the largest 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. data center in the banking industry with over five terabytes of data now stored on EMC systems. After comparing competitive data storage systems, the $77.9 billion, Charlotte, North Carolina-based bank holding company chose EMC as its partner. First Union will use the high-performance storage systems to support its mission-critical applications, including ATM and branch operations networks and consumer loan processing. "First Union is continually looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to deliver superior, high-quality service to its customers," said Carter Pittman, Director of First Union's Systems Operations Division. "It is critical for us to provide data to our customers around the clock. Symmetrix has helped us achieve this objective as we continue to expand our business." "As the avalanche of data continues to build, financial institutions that successfully manage this information will not just survive, but thrive," said Michael C. Ruettgers, EMC President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "The Symmetrix 5500-9 gives our customers a competitive edge by combining enormous data capacity with the industry's highest levels of availability, performance and flexibility." Capable of holding up to a terabyte of information and as much as 4 GB of cache memory in just 17 square feet, the Symmetrix 5500-9 is the flagship of the EMC product family. EMC offers customers a range of user-selectable data protection options including Mirroring (RAID-1), newly announced RAID-S and Symmetrix Remote Data Facility (SRDF SRDF Symmetrix Remote Data Facility SRDF Symmetric Remote Data Facility ), which allows real-time remote mirroring of data. Available in a variety of models and capacities, the Symmetrix 5500-9 series has list prices ranging from $829,000 to $3.4 million. EMC Corporation is a Fortune 500 company and a leader in enterprise-wide information storage and retrieval information storage and retrieval, the systematic process of collecting and cataloging data so that they can be located and displayed on request. Computers and data processing techniques have made possible the high-speed, selective retrieval of large amounts of technology, designing systems for mainframe, midrange and open systems computing environments. The company has offices worldwide and trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol EMC. CONTACT: EMC Rick Lacroix, (508) 435-1000 |
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