StorageTek Introduces a New Era of Intelligent Data Archive

LOUISVILLE, Colo., June 8 /PRNewswire-FirstCall/ -- StorageTek(R) , the world's most trusted partner for storing and managing critical business information, today introduced IntelliStore(TM), the world's first intelligent archive and compliance solution that delivers ten times the capacity for a lower entry cost than the nearest competitor. With IntelliStore solutions, medium-size and enterprises can easily and affordably capture, manage and re-use their business data ranging from employee e-mail to customer database information, as well as assign that data to the appropriate tape or disk storage system based on their specific performance and cost needs.

"The IntelliStore solution fundamentally changes how businesses can archive their data and how they can then use that data," said Pat Martin, chairman, president and CEO of StorageTek. "We all know that information can make or break a business. The key is keeping it both safe and readily accessible when they need it -- without paying too much for that privilege. The IntelliStore solution introduces a new era of archive -- intelligent archive -- that gives any medium-size or large business the tools that had only been available to the giants."

Leading market research firms such as The Enterprise Strategy Group estimate that the amount of data that medium-size and large businesses archive is growing at 90 percent annually. These growth rates, combined with stagnant IT budgets, are driving the need for StorageTek's intelligent, cost-effective, compliance-ready archiving solution worldwide. The IntelliStore solution lets companies:

* Capture all business data as it is archived or migrated; * Manage and migrate that data automatically based on a company's security, data protection, and regulatory requirements across all tiers of storage; * Use that data to deliver real business value.

StorageTek's IntelliStore solution represents the next generation of archive, and is the only truly intelligent enterprise data archive solution on the market today. IntelliStore archiving solution helps companies reduce the risk of doing business by providing the tools for regulatory compliance necessary in today's strict global corporate governance environments. Additionally, IntelliStore's search and retrieval features allow companies to efficiently extract value from their archived data as well as meet compliance and discovery requirements within a specified period of time.

Disk-and-Tape Architecture, Breakthrough Performance Differentiate IntelliStore Solutions

IntelliStore solutions separates itself from legacy offerings by delivering:

* Superior performance and scalability, enabling consolidated archive across multiple applications * Delivering over 15 times managed file capacity of its competitor; * Performs 10-20 times greater than legacy Content Addressed Storage; * Leading regulatory compliance enforcement * Provides seamless integration of compliance policy management across write-once, read-many (WORM) disk and tape; * Investment protection for existing data storage resources * Policy-based technology refresh delivers long-term investment protection; * Integrated tape support leverages existing tape infrastructure; * Cost effective multi-tiered archive solution (disk & tape) * Introducing the only archive system that integrates and balances use of disk for access and tape for massive, cost-effective scalability, a real world practice of true information lifecycle management; * Automates compliance, data protection, and data management to greatly reduce labor associated with backup and compliance; * Delivers more capacity, better performance and more value-rich features for 25-30 percent lower cost than leading solutions on the market today.

IntelliStore Solutions Reinforces StorageTek's Position as a Storage Industry Leader

StorageTek has a 35-year history of innovation in the storage industry, and a recent Freeman Reports study found that more than 36 percent of the world's archived data is stored on StorageTek equipment. StorageTek's breakthrough performance and leadership in offering a dual disk-and-tape solution reflect that legacy of innovation.

"StorageTek is the leader in archiving data to tape and is now leveraging this core competency with the IntelliStore solution for disk and tape-based systems," said Tony Asaro, senior analyst for The Enterprise Strategy Group. "The StorageTek IntelliStore solution will support disk and tape as a single pool of storage and transparently move data to these different tiers of storage. This approach offers much lower cost, portability and scalability that customers should find extremely compelling."

In a recent research note, The Enterprise Strategy Group wrote, "Archiving data to disk-based storage systems is a rapidly emerging market that requires low cost, scalable, and intelligent storage systems that are easy to manage. These characteristics are driven by the fast growth in archive data, which ESG estimates is 92 percent annually. Using a combination of disk and tape helps to address these major issues. Customers can store the most recent data on disk and over time migrate to tape."

"Today's disk-based archive systems force companies to accept a high degree of compromise in their environments," said Brenda Zawatski, vice president and general manager of Information Lifecycle Management Solutions group at StorageTek. "Legacy disk-only solutions pose scalability, performance and cost constraints, while failing to mitigate business risk. IntelliStore, as the world's first intelligent enterprise archive solution, provides an alternative to this great compromise. Companies will see reduced cost and complexity in their data archive methodologies while reducing risk in their business. With IntelliStore: there's no longer a reason to compromise."

In addition to the introduction of the IntelliStore solutions, StorageTek is introducing a new archive and compliance consulting practice that focuses on helping organizations assess their compliance requirements with the underlying principles of privacy and information governance. This practice will leverage third-party compliance experts to help companies identify risks to information security resulting from missing or inadequate controls, and provide recommendations for action. Using industry standard methodologies and tools, the practice is designed to quickly evaluate the processes and controls within a storage infrastructure and help customers safeguard their business and meet regulations.

Pricing and Availability

IntelliStore archiving solutions will be generally available worldwide later this month through StorageTek's direct and indirect sales channels. Pricing begins at $75,000 for a four terabyte solution, with additional one terabyte increments available for $9,000 each.

About StorageTek

StorageTek (Storage Technology Corp.) is a $2 billion global company that utilizes its information lifecycle management strategy to help businesses align the cost of storage with the value of their information. The company's innovative storage solutions manage the complexity and growth of information, lower costs, improve efficiency and protect investments. For more information, see http://www.storagetek.com/ or call 1.800.877.9220.

TRADEMARKS: StorageTek and the StorageTek logo are registered trademarks of Storage Technology Corporation. Other names mentioned may be trademarks of Storage Technology Corporation or other vendors/manufacturers.

Forward Looking Statements

This press release contains certain statements, projections and forecasts regarding StorageTek's future business plans, financial results, products and performance that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of words such as "may," "will," "should," "expects," "plans," "anticipates," and "believes." There are a number of risks and uncertainties that could cause the company's actual results to differ materially.

Some of these risks and uncertainties include, but are not limited to, StorageTek's ability to develop, manufacture and market new products and services successfully; the growth in data for archiving; the effect of product mix and distribution channel mix on our gross margins; our ability to execute our Information Lifecycle Management(TM) strategy; competitive pricing pressures; rapid technological changes in the markets in which we compete; our ability to attract and retain highly skilled employees; changes in our management; our ability to protect and develop intellectual property rights; our reliance on certain sole source suppliers; our ability to obtain quality parts and components in a timely manner; the status of StorageTek's merger with Sun Microsystems, Inc. and its anticipated consummation; general economic conditions in the United States and globally; and other risks described in StorageTek's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K that are filed with the Securities and Exchange Commission and which are available on the SEC's website.

WHAT PARTNERS ARE SAYING ABOUT STORAGETEK'S INTELLISTORE(TM) SOLUTIONS

"The testing of Applimation's Informia(TM) Archive demonstrates how companies can achieve industry-leading performance with cost-effective, easy-to-manage StorageTek intelligent archive solutions," said Bob Markese, CEO at Applimation. "Applimation and StorageTek customers can take advantage of reliable content management solutions that scale to ensure timely access to business-critical information at a low total cost of ownership."

"The testing of the AXS-One Compliance Platform with StorageTek's new compliance storage offerings demonstrates massive performance and scalability matched with low total cost of ownership," said Peter Mojica, Vice President Product Strategy and Management. "AXS-One and StorageTek offer customers the assurance of enterprise-scale solutions that can manage the compliant archival of corporate data throughout its lifecycle for regulatory compliance as well as leveraging the power of AXS-One's patent-pending search capabilities that are increasingly required for legal discovery."

"In testing our QiNetix DataArchiver and DataMigrator compliance and ILM software, we clearly demonstrated how customers can achieve industry-leading performance with cost-effective, easy-to-manage StorageTek intelligent archive solutions," said Dave West, VP, business development, CommVault. "CommVault and StorageTek customers can take advantage of reliable content management solutions that scale to ensure timely access to business-critical information at reduced costs."

"Email retention and discovery overlaps with other enterprise-wide initiatives, such as a company's messaging, storage, security and compliance strategies," said Todd While, vice president of Business and Channel Development at iLumin. "iLumin is partnering with StorageTek to allow its customer base to achieve an easy-to-manage, end-to-end archive solution. These joint customers can take advantage of a reliable email records management solution that scales to ensure timely access to business-critical information at a low total cost of ownership."

"Our customers' storage requirements are changing dramatically," said Mark Dye, vice president of business development at Mobius. "They have to store and Web-enable increasing volumes of bills, statements, check images, reports, scanned forms, e-mail, policies, transactions, customer correspondence and more. Our ViewDirect TCM suite for total content management provides a highly scalable, easily accessible repository and StorageTek's IntelliStore provides cost-effective data retrieval that is much faster than tape or optical storage. The certified, integrated solution offers our mutual customers the most compelling value proposition on the market, helping them streamline data center operations, reduce overall cost structures, and improve the ability to meet regulatory requirements for information retention and availability."

"With growing compliance mandates requiring greater control of e-mail and documents, customers are demanding more robust enterprise solutions that combine ECM and storage technology," Joseph McLaughlin, senior vice president of Global Partners at Open Text. "With our Livelink ECM Solutions and StorageTek's cost-effective, easy-to-manage intelligent archive solutions, customers can take advantage of comprehensive capabilities that scale to ensure timely access to business-critical information at a low total cost of ownership."

"Companies looking to improve enterprise data availability while controlling storage costs now have a new option," said David Kanof, CTO, Princeton Softech. "StorageTek's Trinity offering, together with Princeton Softech's Active Archive(TM) Solutions, enable CIOs to manage, store, and retain mission-critical ERP and CRM data according to business rules. Business managers enjoy access to the information they need -- at a total cost of ownership that pleases even the CFO."

"The combination of VERITAS Enterprise Vault(TM) software and StorageTek's Trinity storage platform will provide customers with an effective means to retain and manage electronic records over the short- and long-term and help ensure full regulatory compliance," said Michael Speiser, vice president of product marketing and product management, Data Management Group, VERITAS Software. "An organization can have e-mails and other critical business records archived using Write Once Read Many (WORM) technology, helping to ensure compliance with laws and regulations that require the preservation and supervision of e-records. Placing these records in a centralized, fully searchable archive improves discovery and retention policy capabilities and enables consistent management. Additional cost reduction benefits can be achieved through the ability to transfer older data from disk to tape and via improved user productivity."

"As the leader in Information Retention and Discovery Management solutions, ZANTAZ helps customers effectively deal with the challenge of managing the explosion of email and other types of digital information while also retaining those records for regulatory compliance, litigation, discovery, and corporate governance requirements," said Joe Romanowski, vice president, Product Strategy, ZANTAZ. "ZANTAZ is committed to offering customers flexibility when choosing their email archiving solution by supporting the leading compliant storage platforms such as StorageTek's intelligent archive appliance."

WHAT INDUSTRY ANALYSTS ARE SAYING ABOUT STORAGETEK'S INTELLISTORE(TM) SOLUTIONS

"StorageTek's IntelliStore is a total solution for archival storage," said Mike Fisch, analyst with The Clipper Group, technology acquisition consultants in Wellesley, MA. "It combines multiple disk and tape storage tiers, a single point of data access and management, automation, tremendous scalability, and support for multiple applications. Think of it as a warehouse for fixed digital content from a trusted vendor."

"The StorageTek IntelliStore storage platform is designed to handle the complex challenges of managing fixed content and archive information," said Dianne McAdam, senior analyst and partner, Data Mobility Group. "IntelliStore delivers flexibility, openness, and ease of access that customers need to address their complex archival requirements. StorageTek's recruitment of more than 20 partners committed to delivering IntelliStore-based solutions makes IntelliStore an excellent platform for customers to standardize their archiving requirements."

"StorageTek is a leader in archiving data to tape and are now leveraging this core competency with the IntelliStore for disk-based systems," said Tony Asaro, senior analyst for the Enterprise Strategy Group. "The STK IntelliStore will support disk and tape as a single pool of storage and transparently move data to these different tiers of storage. This approach offers much lower cost, portability and scalability that customers should find extremely compelling."

"StorageTek's IntelliStore effectively addresses the complex challenges of managing fixed content and archive information and sets a high standard for storage platforms specifically designed to meet those requirements," said Randy Kerns, senior partner, the Evaluator Group. "StorageTek's IntelliStore delivers flexibility, openness, and ease of access that customers need to address their complex archival requirements. The recruitment of more than 20 partners committed to delivering IntelliStore-based solutions points to the recognition in the industry for a storage solution designed specifically for fixed content and archival storage management. Fixed content is a major factor in expanding storage requirements in information management. StorageTek's IntelliStore is a good storage platform to consolidate the numerous, disparate fixed content management applications on the market today."

"We're seeing that the enterprise market definitely needs fixed content and archival solutions that work horizontally across applications," said Brad O'Neill, senior analyst and consultant, The Taneja Group. "For that very reason, IntelliStore is great news for StorageTek's customers. Now they can standardize on one solution, across applications and business processes. Particularly in the context of compliance and file content management, I expect to see strong interest in IntelliStore."