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Features - Financial Plays Of The Week:

StorageTek UNVEILS PURCHASE REBATE PROGRAMS

How does a company make an ironclad data storage investment in a climate of tightening IT budgets?

At HP World, StorageTek (Storage Technology Corp), a storage services and solutions expert, announced a series of rebate programs to assist HP, Compaq and ATL library users with their year end purchases of new library technology or the upgrade of their current library with new drives and components from StorageTek.

For HP, Compaq or ATL users who are considering a purchase of a new library system, a new library with new tape drives or just new tape drive technology for their current HP library system, StorageTek will offer up to $45,000 in purchase rebates.

"HP/Compaq IT managers are looking for options to upgrade and consolidate their storage capabilities, and do it with shrinking budgets," noted Gary Francis, corporate vice president and general manager, StorageTek automated tape solutions. "When we introduced our trade-up program, we thought it would be a good way to introduce ourselves to HP/Compaq end users who had relied on our technology for years, but had never worked with us directly. These end users are discovering that StorageTek has a consistent and reliable strategy for a wide variety of data storage and services solutions."

Additional program terms will apply and can be found at www.storagetek.com/upgrade.

About StorageTek

StorageTek, a $2 billion worldwide company with headquarters in Louisville, Colorado, delivers a broad range of storage solutions for digitized data. StorageTek solutions are easy to manage and allow universal access to data across servers, media types and storage networks. StorageTek is an innovator and global leader in virtual storage solutions for tape automation, disk storage systems and storage networking and is a voting member of the SNIA. Because of StorageTek, customers can manage and leverage their digital assets as their businesses grow and can maximize IT productivity to ensure enterprise-class business continuity. For more information, see www.storagetek.com, or call 800-786-7835.

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