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StorageNetworks NetPACS Services Named 'Product of the Year' by Network Magazine.

Business/Technology Editors

WALTHAM, Mass.--(BUSINESS WIRE)--May 15, 2001

StorageNetworks, Inc. (NASDAQ:STOR), the world's leading provider of data storage management services, has been honored with the Network Magazine Product of the Year award in the storage services category for its NetPACS(SM) fully-managed network attached storage (NAS) services. The magazine's independent review board chose StorageNetworks(SM) NetPACS storage services after over three months of intensive review based on real-world customer business requirements including price/performance, technical ingenuity, new features and applications and serviceability to the market.

One of the longest running product recognition programs of its kind, Network Magazine's Product of the Year awards are presented annually to those products and services that, according to Editor-in-Chief Steve Steinke, "are most significant to the Network Magazine reader population." The Product of the Year awards cover products and services across both the enterprise and new public network. Other award winners include leading technology innovators such as Computer Associates, Novell, Microsoft, Genuity and Akamai Technologies, Inc.

"We found that many large enterprise customers were looking for the benefits of distributed network attached storage, however they did not have the centralized management, monitoring capabilities, and scalability necessary to fully leverage this technology. StorageNetworks NetPACS services provided the ideal solution," said John Clavin, executive vice-president of corporate marketing for StorageNetworks. "NetPACS services deliver 24x7 monitoring through our Global Operations Center (GOC) and enable customers to control their environments through our Virtual Storage Portal(SM) (VSP(SM)) storage service management software. The VSP software is made possible because it is based on StorageNetworks' STORos(SM), the first storage operating system designed for networked storage."

NetPACS services provide network attached storage access to files, securely accessed by authorized users. NetPACS services provide the backend infrastructure as well as the expertise, best practices, and proven processes to provide a secure, reliable, scalable, and cost-effective shared storage solution. NetPACS services enable customers to scale their NAS environments for even the most complex data storage requirements.

The NetPACS service is a member of StorageNetworks PACS(SM) (protection, availability, continuity, scalability and security) suite of fully-managed data storage services. Also included in the PACS suite are DataPACS(SM) SAN-based primary data storage services, BackPACS(SM) data backup and restore services, and SafePACS(SM) remote site data replication and business continuity services. StorageNetworks also offers STORmanage(SM) and STORfusion(SM) services. STORmanage data storage services meet enterprise needs by monitoring, operating, and managing customer-owned storage assets within the customer's data center. The STORfusion service enables telecommunications companies and large computing, network and infrastructure-based service providers to rapidly enter the data storage management services market.

About StorageNetworks, Inc.

StorageNetworks, Inc. (NASDAQ:STOR) is the world's leading provider of data storage management services and an innovator of storage management software. Our technology, software, and services enable enterprises and other service providers to easily and cost-effectively store rapidly growing volumes of business-critical information. We simplify data storage management and empower our customers with increased control and optimal utilization of their complex storage environments. StorageNetworks, headquartered in Waltham, Massachusetts, has offices worldwide. For further information, visit its Web site at, email, or call 1-800-463-7105.

StorageNetworks, NetPACS, DataPACS, BackPACS, SafePACS, PACS, STORmanage, STORfusion, STORos, Virtual Storage Portal, and VSP are servicemarks of StorageNetworks, Inc. All other brand and product names contained in this release may be trademarks or registered trademarks of their respective holders.
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Publication:Business Wire
Geographic Code:1USA
Date:May 15, 2001
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