EMC to Develop Software for McDATA's Intelligent Switch Platform.Business Editors/High-Tech Writers BROOMFIELD, Colo.--(BUSINESS WIRE)--March 9, 2004 McDATA(R) Corporation (Nasdaq:MCDTA) (Nasdaq:MCDT MCDT Micro Credit Development Trust SACCO (Uganda microfinance) MCDT Microsoft Certified Desktop Technician ), the expert provider of multi-capable storage networking solutions, and EMC Corporation EMC Corporation (NYSE: EMC) is an American Fortune 500 and S&P 500 manufacturer of software and systems for information management and storage. It is headquartered in Hopkinton, Massachusetts, USA. (NYSE NYSE See: New York Stock Exchange :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. ), the world leader in information storage and management, today announced plans for EMC to develop and port software for McDATA's intelligent switch platform. McDATA is committed to providing 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 and ISV (Independent Software Vendor) A person or company that develops software. It implies an organization that specializes in software only and is not part of a computer systems or hardware manufacturer. partners with a best-of-breed fabric-based storage virtualization Treating storage as a single logical entity without regard to the hierarchy of physical media that may be involved or that may change. It enables the applications to read from and write to a single pool of storage rather then individual disks, tapes and optical devices. platform composed of a hardware engine, open API's and software developer's kit See SDK. (SDK (Software Developer's Kit) See developer's toolkit and Windows SDK. SDK - Software Developers Kit (or "Software Development Kit"). ) that will allow storage virtualization and data movement applications to be enabled and accelerated in McDATA fabrics. The announcement further demonstrates the strong and enduring business and technology partnership between McDATA and EMC. "EMC is focused on developing and placing intelligence throughout the information infrastructure, wherever it makes most sense for customers," said Mark Lewis, EMC Executive Vice President of Open Software. "To support this goal, EMC will develop fabric-based software for McDATA's Intelligent Switch Platform. Through efforts like this, EMC will deliver open, network-resident applications that allow customers to extend the value of their existing networked storage environments." Fabric-based storage virtualization simplifies the management of a storage network for a customer by isolating physical descriptions of storage, server and network functionality and replacing it with logical designators. The details about the locations of data, characteristics of storage devices, and available capacity are masked from the customer and are presented via applications in a logical, non-restrictive manner, easing storage provisioning tasks and improving overall SAN utilization. As flexibility and storage utilization improves, fabric-based storage virtualization reduces storage network management requirements and improves the total cost of ownership for businesses. In addition to basic virtualization An umbrella term for enhancing a computer's ability to do work. Following are the ways virtualization is used. Hardware Virtualization Partitioning the computer's memory into separate and isolated "virtual machines" simulates multiple machines within one physical computer. and presentation capabilities, intelligent switch platforms will provide a foundation for new value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services like data mobility, dynamic routing The ability for a router to forward data via a different route based on the current conditions of the communications circuits. For example, it can adjust for overloaded traffic or failing lines and is much more flexible than static routing, which uses a fixed forwarding path. and others. "This partnership is a major endorsement of our intelligent platform strategy and our commitment to accelerate storage virtualization and data movement applications from our major partners," said John Kelley, McDATA's 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. and chairman of the board. "EMC's participation in this program speaks volumes for the combined value EMC and McDATA continue to deliver our mutual customers." The McDATA Intelligent Switch Platform supports heterogeneous storage environments and can be deployed in SAN fabrics and designs of varying size and usage. Through the implementation of McDATA's hardware platform, open API's, and SDK, system and storage OEM's can differentiate solutions by porting their data movement and storage virtualization applications to the McDATA platform. About McDATA (www.mcdata.com) McDATA (Nasdaq:MCDTA) (Nasdaq:MCDT) is the expert provider of Multi-Capable Storage Networking Solutions(TM) -- hardware, software and services -- that enable partners and customers around the world to reduce the total cost of storage management today, and be ready to adapt to the real-time information demands of tomorrow. Entrenched en·trench also in·trench v. en·trenched, en·trench·ing, en·trench·es v.tr. 1. To provide with a trench, especially for the purpose of fortifying or defending. 2. in over 8,000 data centers worldwide, McDATA solutions are at the heart of more than 80 percent of Fortune 100 storage network data centers, powering the latest e-business applications, customer databases, financial traffic and other mission-critical data. Customers leverage McDATA's multi-capable solutions to realize immediate cost savings, reduce their investment risk, ensure the continuity of their operations and adapt to changing business requirements. Forward-Looking Statements This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to ramp Nishan, SANavigator, and switch sales, our relationships with EMC Corporation 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) and the level and timing of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. , our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs' key customers), distributors, resellers or our contract manufacturers, our ability to expand our product offerings and any transition to new products (such as higher port count and multi-protocol products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the development of the storage area network and switch markets, competition in the storage area network and switch markets, aggressive pricing and product give-aways by competitors, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release also contains forward-looking statements of EMC, and EMC's actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to risks relating to the development of the software as described in the release, as well as those described previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. |
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