Vixel Announces Completion of Its OEM Agreement with HP.Business Editors/High-Tech Writers BOTHELL, Wash.--(BUSINESS WIRE)--May 28, 2003 Vixel Corporation (Nasdaq:VIXL VIXL Video Cross Links VIXL Video Image Cross Link ), the leading provider of embedded storage switching technologies, announced today that it has completed its 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 agreement for the implementation of Vixel's InSpeed(TM) Model 310 Embedded Storage Switches into HP's StorageWorks EVA Eva to marry winner of singing contest. [Ger. Opera: Wagner, Meistersinger, Westerman, 225–228] See : Prize 1. Eva - A toy ALGOL-like language used in "Formal Specification of Programming Languages: A Panoramic Primer", F.G. (Enterprise Virtual Array) storage solutions. As was previously announced by Vixel Corporation, shipments of HP StorageWorks HP StorageWorks is an HP Portfolio of storage products, including online storage, nearline storage, storage networking , archiving, and storage software. The product line up includes: Disk arrays tr.v. for·mal·ized, for·mal·iz·ing, for·mal·iz·es 1. To give a definite form or shape to. 2. a. To make formal. b. . The implementation of Vixel's InSpeed Embedded Storage Switch technology in HP StorageWorks EVAs creates a "switched" back-end architecture, which offers competitive advantages over traditional shared architectures, including enhanced RAS (1) See network access server. (2) (Remote Access Service) A Windows NT/2000 Server feature that allows remote users access to the network from their Windows laptops or desktops via modem. See RRAS and network access server. (Reliability, Availability and Serviceability Reliability, Availability and Serviceability is a computer hardware engineering term. It originated from IBM to advertise the robustness of their mainframe computers. The concept is often known by the acronym RAS. ) characteristics and linear performance growth while scaling benefits. "The completion of our OEM agreement with HP is the culmination of many months of productive collaboration, which has resulted in a strong relationship between Vixel and the world's leading provider of modular disk storage systems," said Jim McCluney, 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. of Vixel. "We are excited about HP's continuing success with Vixel's InSpeed Embedded Storage Switch technology in their StorageWorks EVA solutions. InSpeed has become a field-proven technology and is out in the marketplace providing end-users with real world benefits." The HP StorageWorks EVA solution line provides customers with increased business continuance, streamlined operations and the ability to readily scale their storage environments to meet increasing demands for capacity. Vixel's InSpeed Embedded Storage Switches advance the reliability, manageability and scaling capabilities of storage architectures by enabling predictive health monitoring, reducing system latency as storage capacity increases and providing 2 Gb/s switched performance in the back-end of storage system infrastructures. About Vixel Corporation Vixel Corporation is the leading provider and innovator of embedded storage connectivity technologies for storage solution providers. Its award-winning technology, InSpeed(TM), cost-effectively enables new levels of reliability, scalability and performance in storage systems. Through continuous innovation and partnership with its customers, Vixel advances leading edge embedded storage connectivity technologies that enable the architectural evolution of next generation storage systems. Vixel's embedded storage switching and storage networking products have been deployed by leading solution providers such as Apple Computer, HP, Network Appliance (1) A specialized device for use on a network. For example, Web servers, cache servers and file servers can be implemented as general-purpose computers with the appropriate software or as network appliances, which are computers dedicated to a single function and cannot do anything , NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , Sun Microsystems, Avid Technologies and BlueArc. To find out more about Vixel and its unique technology offerings, visit www.vixel.com. Except for historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties that may cause actual results to differ materially from the results discussed in the forward-looking statements. Factors that may cause such a difference include risks affecting performance and market acceptance of Vixel's products, the amount of InSpeed-based switches actually ordered by HP, Vixel's ability to meet its quality and performance standards, development of the storage area network, or SAN market, the competitiveness and performance of Vixel's products, the ability of Vixel to meet evolving product standards required by customers, the ability of Vixel to increase its customer base for its InSpeed technology-based products and the acceptance of embedded storage solutions generally. Further information on the factors and risks that could affect Vixel's business, financial condition and results of operations, are contained in Vixel's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and most recent Form-10Q, which are available at www.sec.gov. All logos, trademarks and names contained herein are the property of their respective owners. |
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