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IBM FORMS STORAGE PRODUCTS LINE OF BUSINESS

 IBM FORMS STORAGE PRODUCTS LINE OF BUSINESS
 ARMONK, N.Y., Dec. 5 /PRNewswire/ -- IBM Corporation (NYSE: IBM)


Vice President Ray S. AbuZayyad today announced the organizational structure for a new storage products line of business that will focus on providing leading-technology products for IBM computer systems and original equipment manufacturers (OEM). A formal name for the line of business will be determined at a later date.
 The new organization was created from IBM's Storage Systems Products Division -- part of IBM's Enterprise Systems (ES) line of business -- and now has worldwide responsibility for storage development and storage manufacturing.
 AbuZayyad has been named general manager of the new organization, which will have headquarters in San Jose, Calif. He will become a member of IBM's Corporate Management Board.
 "IBM has been a pioneer in the storage industry since its invention of direct access storage 35 years ago," AbuZayyad said. "Today's announcement will allow us to develop and bring to market world-class storage products at an even faster pace and to maximize the efficiency of our development and manufacturing."
 IBM's storage products include direct access storage devices (DASD or disk drives), DASD controllers, tape, optical storage and related hardware and storage management software. They will continue to be sold and serviced through IBM's geographic marketing and services organizations worldwide.
 This product set is the broadest in the storage industry and includes everything from the smallest 2.5-inch disk drives used in IBM's laptop computers to the high-end 3390 Model 3 DASD -- used with the largest ES/9000(see Note A) processors -- that can store hundreds of billions of bytes of information.
 Disk drives and other storage products are used across IBM's offerings: in the IBM laptop, the Personal System/1(A), Personal System/2(A), RISC System/6000(A), Application System/400(A) and ES/9000 systems. The new storage line of business also sells its full range of storage products and subsystems to OEMs and recently began shipment of a new one-gigabyte, 3.5-inch disk drive for the OEM market.
 The 1992 worldwide opportunity for storage products is estimated to be $53 billion.
 Storage products will be developed in San Jose; Rochester, Minn.; Tucson, Ariz.; Havant, England; and Fujisawa, Japan. They will be manufactured in San Jose, Rochester, Havant and Fujisawa, as well as in Mainz and Berlin, Germany, and Martinez, Argentina.
 (A) -- Indicates a trademark or registered trademark of IBM Corporation.
 -0- 12/5/91
 /CONTACT: Jim Ruderman, 914-765-6565 (today), or Pam Olson, 914-642-5553 (after today), both of IBM/
 (IBM) CO: International Business Machines Corporation ST: New York, California IN: CPR SU: PDT


GK -- NY013 -- 9504 12/05/91 09:05 EST
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Publication:PR Newswire
Date:Dec 5, 1991
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