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Features - Financial Plays Of The Week:

NEC TO SELL nStor's FIBRE CHANNEL RAID STORAGE SYSTEMS

NEC Corporation will release for sale, on August 20, 2003, a 2Gbit Fibre RAID storage system based on nStor Corporation's 4320F 2Gbit Fibre RAID product. nStor Corporation is an innovative developer of storage-network technologies and is a wholly owned subsidiary of nStor Technologies Inc.

"NEC wanted a state-of-the-art storage-networking solution that would take full advantage of NEC's advanced external disk-array systems capabilities," stated Shigeru Oshima, a Senior Manager in the Client and Server Division. "The 4320F meets all NEC's requirements for entry level through high end computing environments. In NEC's testing of the NexStor 4320F, the 4320F exceeded NEC's requirements."

Thomas Gruber, president of nStor Corporation, stated that, "NEC is a world-class OEM customer and our selection by NEC is a major endorsement of nStor's own internally developed intellectual property, specifically our Wahoo RAID controller and StorView Software. This announcement further demonstrates the strength and acceptance of our products by leading technology companies in the market place." Mr. Gruber, further stated that, "NEC extensively tested and worked with the NexStor 4320F (dual Wahoo RAID controllers) in their labs. They are enthusiastic about the performance and capabilities of our system and of our support."

Shigeru Oshima, added, "nStor has the combined core competencies (storage enclosure, RAID controller firmware, and software) necessary to offer NEC a complete solution. This ensures NEC has a single point of contact for support. nStor's engineering team is highly responsive and provides NEC with strong support and good communication. This is so necessary for a successful relationship."

nStor's 4320F RAID system is based on the Wahoo family of RAID controllers and web-based StorView Software. The family of 2Gbit RAID controllers known as Wahoo and WahooXP are designed and produced by nStor Corporation. The Wahoo controller and StorView software enables OEM's to offer comprehensive Fibre RAID based solutions at industry leading price and performance levels.


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