Short Takes - People & Positions:

XIOtech Corporation Announces Acting CEO Ken Hendrickson

XIOtech Corporation, a networked storage pioneer, has announced the appointment of 30-year storage industry veteran Ken Hendrickson as Chairman of the Board and acting CEO and Steve Snyder as CFO. These additions continue to drive XIOtech's growth and visibility, building on its market-leading technology and the backing of Oak Investment Partners.

In his most recent position as CEO of Ancor Communications, Hendrickson successfully led the company in the competitive market for Fibre Channel switches. Hendrickson and Snyder worked together at Ancor beginning in 1997 to grow the company from a market capitalization of approximately $25 million to a value of approximately $1.7 billion when it was purchased by QLogic Corporation in 2000. In 1999 the company was the fourth best performing stock on the NASDAQ, and Forbes ASAP in April 2000 ranked Ancor the 10th best "ramping technology company" in the world.

Prior to that, Hendrickson served as executive vice president and General Manager for the Microcomputer Products at Western Digital; president of the Archive Technology Division of Archive Corporation; president of Genicon Corporation's Printer Products Division; and vice president and General Manager of the Large Disk Division of Control Data Corporation. He also held executive positions at IBM Corporation during his 18-year tenure there. Hendrickson serves on the board of directors of Pemstar Inc, a contract manufacturing concern.

"I am delighted to be joining the XIOtech team at a time of exciting change and growth," Hendrickson said. "I have had the opportunity to meet with the senior management team and see that XIOtech's values and culture, its people, and its relationships with customers are an excellent fit. It's a great opportunity for me to join the team that is moving XIOtech forward."

"Hendrickson is a known element with a proven track record, one that has been through the wars a few times," said Steve Duplessie, founder and senior analyst for the Enterprise Storage Group. "He should be exactly what XIOtech needs."

Steve Snyder joins XIOtech with 20 years of computer industry experience, including positions at Ancor Communications, Cray Research Inc, and Control Data Corporation. In addition to his successful tenure as CFO at Ancor, Snyder's experience includes functioning as CFO for Cray Research, a $700 million subsidiary of SGI. Snyder brings extensive experience in operations, raising capital, industry partnering, and international financial management. He holds an MBA in Finance from the University of Minnesota, and is a CPA.

"XIOtech will benefit from the experience and knowledge that Ken Hendrickson and Steve Snyder bring," said Ed Glassmeyer, founding general partner of Oak Investment Partners. "It's a strong endorsement of the strength of XIOtech's technology and business strategy to have attracted these two industry leaders."

XIOtech has been named the fastest growing open systems storage vendor by IDC for 2000 and 2001. XIOtech's extensive installed base of loyal customers coupled with a clear and compelling value proposition are driving market share growth. Following on Oak Investment Partners' significant equity investment in XIOtech last October, the addition of Hendrickson and Snyder will continue to build on XIOtech's momentum.

About XIOtech

XIOtech Corporation designs, manufactures, and markets comprehensive networked storage solutions and was the first in the industry to deliver true virtual storage. XIOtech's storage foundation architecture unifies the power of the MAGNITUDE storage platform and REal-Time Data Intelligence (REDI) software family to provide everything needed for an adaptive, easy-to-use, highly available networked storage foundation. This integrated architecture reduces complexity and demands on IT resources, while ensuring tremendous data availability, unmatched interoperability, and unparalleled ease of use. For more information, visit www.xiotech.com, email info@xiotech.com, or call toll free 866-472-6764.

Contact: Rachel Gold of XIOtech Corporation Public Relations, 952-983-2278, rachel_gold@xiotech.com.

AMD Promotes Dr. Bertrand Cambou to Officer and Senior VP

AMD has announced the promotion of Dr. Bertrand Cambou to officer of the company and senior vice president, Memory Group. Cambou was previously group vice president of the company's Memory Group. Cambou will continue to report to Hector Ruiz, AMD president and chief executive officer.

"Bertrand Cambou has quickly established a strong track record in delivering on the promise of customer-centric innovation. His personal focus on key customers provides a strong example and has led to solid successes with industry leaders in the wireless and embedded segments and with strategic customers and partners in Asia," said Ruiz. "Building from the successful introduction of our breakthrough AMD MirrorBit technology, I am confident Bertrand will continue to successfully lead our Memory Group to sustained market leadership."

Prior to joining AMD, Cambou served as a director of Paris-based Ingenico, a market leader in the development and sale of terminals for secure e-commerce transactions. Cambou has also served as chief operating officer of Gemplus, an industry leader in smartcard solutions, and as senior vice president and general manager of the networking and computing system group of Motorola's semiconductor business sector. Cambou holds a doctorate in electrical engineering from Paris XI University.

"I am proud to lead AMD's Flash memory business at this exciting time," said Cambou. "We are expanding our customer base by targeting wireless and embedded systems at the same time we are accelerating the introduction of new technologies. Our broad offering of AMD MirrorBit products ranging from 16Mb to 256Mb—along with the planned introduction of our 512Mb product later this year—allows us to take advantage of the many opportunities available in emerging markets for Flash memory products such as high-performance cellular phones, consumer, navigation and other systems."

About AMD Flash Memory Devices

AMD's technology is employed by one of the world's largest producers of Flash memory devices, Fujitsu AMD Semiconductor Ltd (FASL). AMD Flash memory products encompass a broad spectrum of densities and features to support a wide range of markets. AMD Flash memory customers represent leaders in the cellular, automotive, networking, telecommunications, and consumer markets. AMD offers many Flash memory products, such as the innovative MirrorBit architecture; award-winning simultaneous read-write (SRW) product family; super low voltage 1.8V Flash memory devices; and burst- and page-mode devices. AMD developed the robust Known Good Die (KGD) program and the patented negative gate erase technology, and developed highly reliable Fine-pitch Ball Grid Array packaging.

AMD's Flash memory products have received numerous customer service, quality and technology awards. Cisco Systems, Nortel Networks, Samsung, the Bosch Group, and Volkswagen have all awarded AMD their top supplier awards.

About AMD

AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets with manufacturing facilities in the United States, Europe, Japan, and Asia. AMD, a Fortune 500 and Standard & Poor's 500 company, produces microprocessors, Flash memory devices, and support circuitry for communications and networking applications. Founded in 1969 and based in Sunnyvale, California, AMD had revenues of approximately $2.7 billion in 2002.

AMD on the Web

For more information about AMD products, please visit our virtual pressroom at www.amd.com/news/virtualpress/index.html . Additional press releases and information about AMD and its products are available at www.amd.com/news/news.html.

Kevin C. Daly Joins iStor's Board of Directors

iStor Networks Inc, a provider of ultra-fast, high-availability network storage solutions, has named storage industry veteran Kevin C. Daly to its board of directors, as the company prepares to introduce its first product -- a scalable iSCSI wire-speed network storage server blade (iBlade) for IP storage at target side.

Now chief executive officer of Avamar Technologies, a provider of innovative secondary storage solutions, Daly was previously chief technical officer of Quantum Corp's Storage Solutions Group and, prior to that, CEO of ATL Products. Earlier, Daly was CTO of Odetics and remains a member of its board of directors. He also serves as a technology advisor to a number of companies, industry and government committees, and educational institutions, including Princeton University, where he earned master's and doctorate degrees in electrical engineering.

"Dr. Daly brings to our board of directors a special combination of technological expertise, market knowledge, and senior-level executive experience," said Simon Huang, iStor co-founder, CEO, president and fellow board member. "We will value his vision and guidance."

In addition to Simon Huang, the board includes Frank Huang, iStor co-founder and executive vice president of engineering; WenChi Chen, president and CEO of VIA Technologies; Sam Liang, president of D-Link Systems; Ming Hsu, vice president of Pac-Link Management Corp; and Bernie Wu, vice president of business development at FalconStor Software.

As a company, iStor uniquely brings together four such core competencies -- ASIC, storage, network and massive parallel processing -- enabling it to develop a highly integrated ASIC solution for overcoming limitations that impact conventional storage networking products. These limitations include performance -- iStor's patent-pending architecture allows storage data transfer at wire speeds of up to 10 gigabits per second -- availability, scalability, interoperability, management, and total cost of ownership (TCO).

The timing for iStor's emergence reflects a study by industry analyst IDC that iSCSI ports will comprise 17% of the total storage networking market by 2005, making the iSCSI standard an emerging interface for storage access in the desktop, server, data center, and distributed environments. By carrying SCSI commands over IP networks, iSCSI facilitates data transfers over intranets and manages storage over long distances. This protocol reduces the TCO of shared storage solutions and allows an organization to tie together disparate systems and data; several leading technology companies -- including IBM, Cisco Systems, Microsoft and Intel -- are supporting iSCSI initiatives.

"Up to now, the roadblock to enabling IP storage with iSCSI technology has been the lack of target-side devices," said Daly. "There are plenty of initiator-side devices, but iStor is pioneering target-side devices, which will let IP storage, through iSCSI, evolve to the next level. Other vendors are thinking about it; iStor is actually doing it."

iStor was founded early last year with $11 million in funding by several chipset, network switch, and notebook OEM vendors, strong distributor and investment bankers. The company used the capital to develop its core technology in IP storage and now employs more than 30 R&D engineers with strong backgrounds in the storage, networking, Fibre Channel, and server industries.

The iStor management team -- all with 18 or more years of industry experience -- exemplifies the company's four core competencies. Simon Huang, for example, is a specialist in data storage systems, SCSI and Fiber Channel disk array, NAS, and ATA ASIC, and Frank Huang has an extensive background in internetworking devices and software development. The team also includes Carl Baldini, vice president of ASIC and hardware engineering, a specialist in VLSI ASIC and system design for Web caching, network processor systems, minicomputers and Sun servers; Roger Thorpe, chief architect, who specializes in very large-scale ASIC designs of computer systems; Stephen O'Neil, vice president of storage engineering, an expert in high-availability SCSI and Fibre Channel disk arrays and VAX storage controllers; and Peter Cmaylo, vice president of business development, with specialties in SCSI and Fibre Channel disk arrays, NAS, clusters and VAX storage controllers.

The iStor business model is to design, develop and deploy iSCSI products as part of a complete iSCSI storage networking solution for servers, storage, and networking OEMs. The company's IP storage products will deliver very reliable, available and scalable capabilities at affordable prices, enabling OEMs to deliver cutting-edge, value-added storage networking features such as link aggregation, failover, quality of service, and virtualization.

About iStor Networks

iStor Networks, based in Irvine, Calif., provides ultra-fast, high-availability network storage solutions for SAN and NAS storage networking applications. The company's IP storage products deliver more reliable, available and scalable capabilities at affordable prices than existing products in the market. iStor leverages its core competency in designs of massive parallel processing, ASIC, storage and networking to deliver the robust, next-generation IP storage products. More information is available at www.istor.com.

Contact: Bruce Manning of AccessM3 Public Relations, 562-283-2083, bruce@accessM3.com, for iStor Networks Inc.

IPR Appoints Deirdre Wielgus As Chief Operations Officer

Michael J. Emmi, Chairman and Chief Executive Officer of IPR International LLC, has announced that Deirdre Wielgus has joined IPR as Chief Operations Officer. Before joining IPR, Ms. Wielgus held several top executive positions with SCT Corporation, including senior vice president of Organizational Strategy, Marketing and Global Human Resources. In her new position with IPR International, Ms. Wielgus is accountable for developing and delivering all SLA managed services to IPR's extensive client base.

Mr. Emmi states, "With her proven, successful track record as a client-focused executive, Deirdre Wielgus brings a unique skill set of leadership talent and vertical industry expertise to IPR. During her tenure at SCT, she developed policies and procedures for successfully delivering outsourcing services to more than 50 major clients. Under her guidance, 40 SCT data centers and more than 1,100 employees supported the mission-critical, comprehensive technology requirements of large organizations like George Washington University, the City of Indianapolis/Merion County, Agrilink Foods, and the City of Anaheim. IPR will benefit greatly from her more than 20 years of experience in business operations, client management, and technology services for higher education, utilities, manufacturing, and government. We are excited about having Deirdre as a part of our leadership team and look forward to her continued, successful contributions."

Ms. Wielgus explains, "My primary objective is to identify and develop scalable solutions that address the specific requirements of each IPR client and to deliver those solutions consistently, excellently, efficiently, and cost-effectively. Our various clients have complex requirements that are specific to their industry, their business, and their geographic diversity. Fulfilling their data backup, recovery, and storage needs requires a level of technical sophistication that is not currently available from other vendors. Anything less than the fastest, most secure, most cost effective and easiest-to-use backup and recovery solution is simply unacceptable in the current business and political environment. Because of the exorbitant costs associated with managing these processes in-house, the complexity of legislative mandates that come with high penalties, and the unacceptably high risk of failure, more companies are choosing to outsource their data backup, storage and recovery needs.

"IPR has a unique and compelling opportunity to become a national and international leader in these 'must-have' services. We have put together a proven team of professionals with an unparalleled level of expertise in certain industries, which gives IPR the credibility and stature that our competitors lack. I am thrilled to have an opportunity to be part of this new and necessary industry."

Ms. Wielgus graduated from Boston College and earned her MBA at Southern New Hampshire University. She is a member of the Global Benchmarking Council and the National Association of Female Executives. Deirdre Wielgus lives in West Chester, PA.

IPR International is an industry leader in electronic data vaulting and recovery. It offers a comprehensive suite of SLA-based managed solutions, designed to provide clients with certified "best of breed" technologies and software for the automatic, offsite backup, storage and rapid recovery of the critical intellectual assets that keep every enterprise functioning. IPR is located in Pennsylvania and California and serves clients worldwide.

For more information about IPR International and the services it provides, visit the company Web site at www.iprintl.com.

Contact: Alice Vail Quinn, 610-238-0280, Alice.Quinn@iprintl.com.