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-- IN THIS ISSUE --

STORAGE VENDORS FALL SHORT ON ROI

UNDISCOVERED DATA IN ENTERPRISE VIRTUAL METADATA

PRECISE SW SUPPORTS HITACHI STORAGE

Features

Storage Innovations

ADAPTEC AND MAXTOR DELIVER ANOTHER SOLUTION
Adaptec Inc, a global leader in data storage access solutions, and Maxtor Corporation, a worldwide leader in hard disk drives and data storage solutions, announced the interoperability of Maxtor's Atlas 10K III Ultra160 and Ultra320 SCSI hard disk drives with Adaptec's DuraStor external storage solutions for the companies' worldwide channel partners.

CREEKPATH DELIVERS INDUSTRY'S FIRST INTEGRATED STORAGE
Under the guidance of recently appointed president and CEO Victor Walker, CreekPath is delivering the next generation Enterprise Storage Management solution that helps customers realize the benefits of storage networks.

IMATION OUTLINES DATA STORAGE FOCUSED STRATEGY
Asserting that "the value is in the data," Chairman and C.E.O. Bill Monahan and the senior management of Imation Corp unveiled the elements of the company's strategy focused on the data storage removable media industry before an audience of investors and analysts.

InoStor DEBUTS NEW APPLIANCE WITH TERABYTE CAPACITY
InoStor, a Tandberg Data company, announced its PerformNAS appliance, a high-performance, scalable Network Attached Storage solution to meet the cross-platform file serving demands of small and mid-sized businesses.

DATA STORAGE GETS ULTRA SMALL WITH REMARKABLE BREAKTHROUGH
Two materials researchers have developed an extremely sensitive nanoscale device that could shrink ultra-high-density storage devices to record sizes.

PIRUS AWARDED PRODUCT OF THE YEAR AT NETWORK STORAGE 2002
Pirus Networks, a leader in intelligent storage switches announced that the Pirus PSX-1000 Storage Utility Switch has won a Product of the Year award at the Network Storage 2002 conference, being held in Santa Clara, Calif.

PERFORMANCE MANAGEMENT SOLUTIONS SUPPORTS HITACHI STORAGE
Precise Software Solutions now supports the industry's three leading storage systems with the release of Precise/Lightpoint, a unique Application Performance Management solution for Hitachi Freedom Storage, Lightning and Thunder series.

ZAMBEEL ANNOUNCES GENERAL AVAILABILITY OF THE AZTERA SYSTEM
Zambeel Inc, an enterprise-class network-attached storage vendor backed by Kleiner Perkins and NEA, announced general availability of the Aztera line of storage systems, innovative enterprise-class storage systems built on an entirely new distributed storage architecture.

Financial Plays Of The Week

StorageFlow DIRECTOR JIM MCGINLEY RESIGNED
StorageFlow Systems Corp Director of Change & Continued Growth announced that Jim McGinley has resigned as a director of the company. He has been replaced by David Elliott. Mr Elliott is the president & Chief Operating Officer of the company.

EMULEX NOW TRADING ON NYSE AS "ELX"
Emulex Corp, a world's leading supplier of storage networking host bus adapters (HBAs), will begin trading on the New York Stock Exchange as "ELX."

IMPERIAL TECHNOLOGY OPENS SALES OFFICE IN JAPAN
Imperial Technology, the company accelerating application performance, announced that it has expanded its presence in the Asia Pacific region with the opening of an Imperial sales office in Yokohama, Japan.

ORACLE MAINTAINS GRIP ON ASIAN DATABASE MANAGEMENT MARKET
Research firm IDC said the Redwood Shores, CA.-based database giant Oracle registered a 44.8 percent market share in the Asian region in 2001. IBM came in second with a 25.5percent share, and Microsoft claimed third place with a 10.2 percent share.

Xwave AND HP ANNOUNCE CREATION OF ENTERPRISE STORAGE CENTRE
xwave announces opening of Enterprise Storage Centre with HP -- xwave joins elite group of partners providing HP solutions to enterprise clients.

Enterprise Data Insights

BRIGHAM & WOMEN'S HOSPITAL CHOOSE PROCOM'S NETFORCE STORAGE
Brigham and Women's Hospital (BWH), an affiliate of Harvard Medical School, has chosen Procom Technology's NetFORCE 3100 as its network data storage solution.

HURWITZ PREDICTS STORAGE MARKET TO BE $1.47B BY 2005
A new Hurwitz Group report predicts strong growth for the Storage Resource Management (SRM) market through 2005. Hurwitz Group's SRM Market Map predicts the market will grow from $397 million in 2001 to $1.47 billion in 2005.

STORAGE VENDORS FALL SHORT ON ROI TO END USERS
The InfoPro, a New York-based technology research network, released the findings of its in-depth interviews with 152 F1000 storage professionals and 40 institutional investors regarding storage networking and storage management vendors, issues, products and future intentions.

MARKET ANALYSTS SEE LARGE POTENTIAL MARKET FOR NEW USB
ARS and Semico, two leading market research firms, said that the market for USB "key chain" portable storage devices is growing and has the potential to become a large, international market.

UNDISCOVERED DATA IN ENTERPRISE VIRTUAL METADATA
Enterprises, business units, and departments have stored their varied and disparate data in different places and different information systems. No person in the organization has a complete view of all the enterprise data.

FIRST TRADE UNION BANK PICKS DECISION SUPPORT'S DATA MART
Decision Support Inc, an innovator in data integration and reporting,announced that First Trade Union Bank has implemented DQmart, Decision Support's Web-based data mart.

THE SERIOUS BUSINESS OF INTERNET SEARCH ENGINES
In today's lackluster advertising market, search engines seem to be concentrating less on profits and more on what they do best: building ever-better mousetraps that can trounce the engines that have come before.

Top Of The News

Short Takes

Financial Watch
Five Asian Chipmakers In Collusion Probe
CNT Acquires Leading Independent Storage Solutions Provider
DataMentors And Astech Seal Partnership Agreement

Quote Of The Week

"We think the most important trend for all IT moving forward is the concept of becoming 'utility enabled' -- or the ability for IT to become a true internal profit center." -- Steve Duplessie, founder and senior analyst, Enterprise Storage Group

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