IBM Ships 100,000th 7133 Serial Disk System to Summit Bancorp; IBM Business Partner Champion Computer Closes Deal.

Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 4, 2000

IBM today announced it has shipped its 100,000th 7133 Serial Disk System

-- representing eight petabytes of storage -- to Summit Bancorp, a leader in financial services.

The high performance and scalability of the 7133, as well as its ability to attach to multiple Unix and Windows NT servers, have helped it achieve this sales milestone.

"The 7133 is a key member of IBM's storage portfolio, the most extensive product portfolio in the industry, ahead of such competitors as EMC and Hitachi," said Andy Hurter, business line manager for IBM's disk storage systems. "Many of our customers like the investment protection offered by the 7133, which can be upgraded to our latest storage technology, the IBM Enterprise Storage Server, code-named `Shark'."

New Jersey-based Summit Bancorp, a $36 billion regional bank holding company, offers a full range of financial services to individuals, businesses, not-for-profit organizations, government entities and other financial institutions through its commercial and retail banking, and private banking lines of business. This new 7133 Serial Disk System provides over two terabytes of highly available storage for Summit's Sun servers. The storage will be used for a data warehouse of sales information as well as data and applications for various sales force, market research and human resources functions. Summit is currently considering migrating to a Storage Area Network (SAN) environment using IBM 7133s as a cornerstone.

"The IBM 7133 has made it possible for Summit to effectively plan for our growing storage needs," explained Henry Colonna, senior capacity planner for open systems at Summit. "With the 7133, we can implement standardized storage with good price performance. We also plan to migrate to the IBM Enterprise Storage Server next year to take advantage of its unique storage capabilities such as FlashCopy. With 7133 and `Shark,' Summit will be able to consolidate our storage resources and implement a true SAN solution."

The IBM 7133 Serial Disk System storage was sold to Summit by Champion Computer, an IBM Premier Business Partner. "The 7133 is a truly flexible storage offering that our customers appreciate for its exceptional performance, high availability and scalability. Its ability to attach to Unix and Intel-based servers also makes the 7133 ideal for SAN implementations," said Chris Pyle, president of Champion. "With the 7133's seamless interface between Serial Storage Architecture (SSA) and fibre channel, we can take advantage of the strengths of both technologies. Our customers see an increase in throughput over an all-fibre solution while maintaining the distance and SAN flexibility that fibre channel offers."

    The 7133 provides outstanding performance, availability, and
attachability:

--   Provides outstanding disk storage performance with advanced SSA
     bandwidth of 160 MB/sec

--   Features high-performance 36.4 GB, 18.2 GB and 9.1 GB (7,200 and
     10,020 RPM)

--   Provides high capacity -- up to 582 GB per tower or drawer and
     3.5 TB per host adapter

--   Enables disk sharing through simultaneous attachment of multiple
     UNIX and Windows NT hosts to the IBM 7133 Serial Disk System

--   Provides high availability with redundant data paths, redundant
     cooling units, and two power supplies

--   Facilitates remote mirroring -- up to 10 km connection distances
     -- with the Advanced SSA Optical Extender

--   Simplifies storage management when used with the IBM StorWatch
     Serial Storage Expert.

For more information on IBM storage products including the 7133, visit www.ibm.com/storage.

Note to Editors: IBM, 7133 and Enterprise Storage Server are registered trademarks of the International Business Machines Corporation. All other trademarks are the properties of their respective companies.