McDATA and GiantLoop Network Team to Bring SANs to Metropolitan Area Networks.Business/Technology Editors BROOMFIELD, Colo. & WALTHAM, Mass.--(BUSINESS WIRE)--August 21, 2001 Partnership Provides End-To-End Optical Storage Networking Solutions To Enterprise Customers McDATA(R) Corporation (Nasdaq: MCDTA/MCDT), a global leader in open storage networking solutions, and GiantLoop Network, Inc., the leading provider of Enterprise Optical Networking Communications between computers, telephones and other electronic devices using light. An optical network is far more reliable and has far greater potential transmission capacity than networking in the electrical domain. See optical fiber. services, today announced a groundbreaking alliance to extend the scalability and performance benefits of storage area networks (SANs) over all-optical metropolitan area networks (MANs). The two companies will cooperate on sales, marketing, and system integration and interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other. to deliver these innovative solutions to enterprise customers. 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. Peripheral Concepts, the SAN market will jump from $4 billion in 2000 to over $14.5 billion in 2003. This growth will boost penetration of facilities-based SANs and also increase demand for enterprise and metropolitan-area SANs to improve operational efficiencies, increase data protection, and extend management domains. Metropolitan area SAN connectivity solutions are available today, but no equipment vendor or service provider specializes in building and managing enterprise SANs that extend across the metro area This article is about the music production team. For the article about population centers, see metropolitan area. Metro Area are a Brooklyn-based dance music production team composed of Morgan Geist and Darshan Jesrani. network - until now. "McDATA is committed to meeting our customers' needs, and our customers are increasingly asking for solutions that extend their storage area networks over distance," said Mike Gustafson, McDATA vice president of worldwide sales. "Partnering with GiantLoop, the leading provider of Enterprise Optical Networking services, allows McDATA to offer customers the benefits of inter-connected, metro SANs, with increased data availability Refers to the degree to which data can be instantly accessed. The term is mostly associated with service levels that are set up either by the internal IT organization or that may be guaranteed by a third party datacenter or storage provider. , business continuity protection, and simplified management." The partnership brings immediate benefits to enterprise customers as the two companies combine GiantLoop's managed network and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. with McDATA's 6000 Series Director - the SAN industry's only single stage 64-port director and its solution initiatives. The companies will collaborate on the sales, marketing, integration, and deployment of enterprise-class SANs, and the connectivity between those SANs over private, high-performance, enterprise optical networks. "The next logical phase in the storage evolution is to extend storage networks beyond the boundaries of physical facilities," said Farid Neema, president of Peripheral Concepts. "This partnership delivers on this phase and establishes a roadmap to make metropolitan SANs easier to deploy and manage." Enterprise companies can also utilize this protocol-independent optical infrastructure to aggregate other storage, data, voice, and multimedia traffic onto one centrally managed, metropolitan network and leverage these infrastructure solutions protocols as they become available. "Before this partnership existed, there really were no true optical storage networking solutions available to the enterprise," said Joe Gately, GiantLoop Network senior vice president of marketing and alliances. "Fibre Channel switches Major manufacturers of Fibre Channel switches are: Brocade, Cisco, McData and Qlogic.
n. 1. Space above one's head, as in a motor vehicle, above a doorway, or in a tunnel; clearance. 2. Electronics Dynamic headroom. for future storage and bandwidth growth, and marry storage and data networking." In addition to the market strategy, GiantLoop and McDATA will collaborate on strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , research, and development to support GiantLoop's Enterprise Content Networking initiative that addresses today's data movement requirements like remote mirroring, backup, and data replication with future content delivery needs for eLearning, collaboration, and customer support. "Both data movement and content delivery require an infrastructure that can deliver high-bandwidth and low-latency," said Gately. "The GiantLoop/McDATA alliance delivers immediate IT efficiencies and provides the foundation for these future business driving applications." About McDATA (www.mcdata.com) McDATA (Nasdaq: MCDTA/MCDT) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA's family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company's core-to-edge enterprise storage solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation. About GiantLoop Network GiantLoop Network is the leading provider of Enterprise Optical Networking services for Global 2,000 businesses. GiantLoop designs, builds, and manages private optical networks that aggregate data, storage, voice, and multimedia traffic on a single, high-bandwidth network infrastructure. The company's Enterprise Optical Networking managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality connect enterprise locations over high-speed metropolitan and intercity in·ter·cit·y adj. Relating to, involving, or connecting two or more cities: intercity rivalry; an intercity bus. Intercity Adjective trademark networks that enable mission-critical applications and facilitate connections to customers and business partners. GiantLoop's AGILITY Professional Services organization provides planning, design, and implementation services that align business needs with the right optical network infrastructure. GiantLoop is headquartered in Waltham, Mass. with additional offices in 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 , Chicago, Dallas, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Philadelphia, Pittsburgh and London. For more information about GiantLoop including a white paper on Enterprise Content Networking, visit www.giantloop.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with 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. 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 of their orders, the economic slowdown experienced in 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs and production constraints CONSTRAINTS - A language for solving constraints using value inference. ["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)]. that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our Director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator See systems integrator. sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important 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. In addition, readers are urged to consider statements that include the terms "believes", "belief", "expects", "plans", "objectives", "anticipates", "intends", "targets", or the like to be uncertain and forward-looking. 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. McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners. |
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