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| SAN DIEGO,
CALIFORNIA - June 14, 2002 - BakBone Software (TSE: BKB) announced today
financial results for the fourth fiscal quarter and the fiscal year ended March
31, 2002. BakBone reported consolidated revenues of US$3.1 million for the
fourth quarter, an increase of 84% over the same period in the previous fiscal
year. Operating expenses for the fourth quarter were US$5.4 million, a decrease
of 23% from the same period last year. Net loss for the fourth quarter was
US$6.5 million. Excluding a US$2.5 million one-time charge in the fourth quarter
related to the impairment of intangibles, net loss for the quarter was US$4.0
million. For the year ended March 31, 2002, consolidated revenues were US$9.9
million with a net loss of US$18.8 million.
"I am pleased by the strong results we achieved during our fourth quarter and for the fiscal year," said Keith Rickard, BakBone's President and CEO. "Not only did we post revenue growth of 98% over our previous fiscal year, but we did it while decreasing overall operating expenses by 10% and improving gross margin on revenues to 87%. These results were planned for and achieved during a year that saw economic slowdown throughout the world. I feel that the strength of our product offerings and increasing market demand for storage solutions will continue to provide revenue growth and increased market share for BakBone throughout fiscal year 2003." ...BakBone Software profile Editor's comments:- these kind of results remind me of those we had from dotcoms a few years ago. You know, more revenue equals more losses. But then we remember that BakBone (founded in 2000) has developed a real product, and that maybe this is just the early part of their hockey stick growth curve. They are one of the top 10 most popular software companies in this web site, so there's a lot of interest in what they're doing. My gut feel is that the company needs on the order of 500% revenue growth next year to get into profit. That's asking a lot, but not impossible. Unfortunately a detailed financial report for this quarter was not available as we went to press on this. SANTA CLARA, Calif. - June 13, 2002 - Cylink Corporation today announced that it has been certified to work in HP's SANworks Data Replication Manager Fibre Channel and Internet Protocol (FC-IP) solution for more flexible management of customers' business continuity systems. SANworks is a SAN solution based on HP's StorageWorks Fibre Channel controllers that allows remote replication of data in real time. Certified FC-IP gateway equipment from CNT, SANcastle Technologies and SAN Valley Systems, together with Cylink's NetHawk VPN, enables SANworks to use existing IT networks securely. With IPSec, networking customers can leverage regional SANs as secure recovery sites within the broader national or global infrastructure. "As storage area networks continue to grow, organizations are extending data transfers over increasingly wider distances. This requirement is being driven by applications such as disaster recovery and business continuity," said Patrick Reilly, Cylink Vice President of Worldwide Sales and Marketing. "Cylink has identified business continuity as a key strategic focus. With our range of encryption devices, combined with our powerful certificate-based management tool, Cylink is in an excellent position to play a key role in enabling secure SAN solutions." NetHawk is a high-performance VPN solution built to meet the scalability demands of today's organizations, supporting up to 20,000 simultaneous secure connections and operating at 200 Mbps full duplex with strong Triple-DES encryption. NetHawk also features PrivaCy Manager, an easy-to-use, point-and-click management platform offering flexible, secure and transparent monitoring and control capabilities. PrivaCy Manager enables network security managers to define integrated security policies that can be distributed across multiple NetHawk VPNs. ...Cylink profile Wilmington, MA – June 13, 2002 - The QBM Alliance, an international alliance founded by Kentron Technologies, welcomes Acuid Corporation to the Alliance. The QBM Alliance is aimed at positioning Quad Band Memory (QBM) technology as an industry standard. QBM is a Double Data Rate (DDR) based technology that utilizes existing DDR I SDRAM memory devices to produce the expected bandwidth of DDR II devices and beyond, today. Acuid Corporation provides test equipment to the semiconductor and memory module industry and will be instrumental in the testing of the QBM modules that will be introduced to the industry later this year. "As we near the actual introduction of memory controllers that have been 'QBM enabled', the industry will rely on companies such as Acuid Corporation to provide the high speed testing capabilities for the QBM module solutions", said Bob Goodman, CEO of Kentron Technologies. "Acuid is well positioned to address the test challenges of QBM technology, and look forward to working closely with all members of the Alliance to provide cost effective test solutions", said Kevin McLaren, VP WW Marketing & Sales, Acuid Corporation. ...Acuid profile, ...Kentron Technologies profile, ...QBM Alliance HSICHIH, TAIWAN, - June 13, 2002 - AnexTEK today launched two compact 8-bay, RAID storage systems, the AccuRAID S-Line, which offer reliable SCSI-to-IDE or SCSI-to-SCSI RAID data protection at a low total cost of ownership. The AccuRAID S-Line is composed of two storage systems: the S890 and S900. |
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| Both are Operating System
independent meaning they can integrate seamlessly into multi-platform server
environments. The 2U storage systems are designed with redundancy to protect valuable stored data. They offer a dependable and cost-effective storage solution by providing multiple RAID level support (0, 1, 3, 5, 0+1), two hot-swappable power supplies, hot-swappable system fans, up to 8 hot-swappable IDE (S890) or SCSI (S900) hard disk drives and a choice of Intel processors. |
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| "As an
emerging player in the storage industry," commented Alex Kuo, AnexTEK's
President, "we are dedicated to providing affordable and reliable storage
networking products and solutions. That commitment is evident with our new
AccuRAID S-Line of DAS products which offer dependable data storage protection
at a low total cost of ownership."
...AnexTEK profile Santa Clara, Calif. - June 13, 2002 - Only a few days remain before the commencement of the 9th annual Network Storage Conference, scheduled for June 17-20, 2002. A multitude of leading storage manufacturers, executives, integrators, channels and users will gather to take advantage of array of important topics to be discussed and debated at the event. In the latest development, finalists have been announced for the first annual Network Storage Conference Awards, which is co-sponsored by InfoStor and Computer Technology Review magazines. The recently inaugurated awards program is designed to lend recognition to manufacturers for innovative storage devices in a variety of categories. The finalists are as follows. | ||||||||||||||||||||||||||||||||||||||||||||||
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| The winner in each
category will be announced during lunch on Wednesday, June 19.
Conference Chairman and Peripheral Concepts President, Farid Neema, says of the awards finalists, "These finalists represent some of the most innovative storage companies for year 2002 and the Network Storage Conference Awards is our way of recognizing these manufacturers for their achievements. We are pleased to also team with two of the storage industry's cornerstone publications, InfoStor and CTR, to help lend some notoriety to each of these vendors' hard work and forward thinking. I look forward to being on hand to personally congratulate each of the winners." Neema goes on to emphasize a sense of urgency for those who have yet to sign up for the event. "If you are connected to storage technology in any way, then you owe it to yourself to attend this conference. The variety of panel discussions will address the hard questions and issues that we all face as this technology continues to evolve. The Network Storage Conference remains one of the industry's oldest and most respected events devoted solely to the topic of storage networking and I urge anyone who manufactures, sells or uses this technology to not be left out." ...Peripheral Concepts profile BUENA PARK, CA - June 12, 2002 - Yamaha Electronics Corporation ushers CD recording into a new era with the announcement of its CRW-F1. The newest addition to Yamaha's growing award-winning family of top-of-the-line optical recorders is the first CD recorder to offer the revolutionary DiscT@2™ Laser Labeling System, which allows graphics and text to be burnt onto any CD-R disc, eliminating the need for labels. The CRW-F1 is also the first CD recorder ever to offer 24X CD-RW ReWriting. With full Mt. Rainer support, the CRW-F1 burns CD-RW discs at up to 24X thus reducing the time for your overall rewriting experience by 50% compared to the fastest CD-RW record speeds available in the market today. In addition, with Yamaha's CD-RW Audio Track Edit system, there is no longer a need to erase an entire CD-RW disc to add a track or file to the disc, further facilitating and expanding the uses of CD-RW discs. ...Yamaha profile Taipei, Taiwan - June 12, 2002 - Worries about the security of sensitive data during travel between computers are over thanks to the security enhancements included with the redesigned series of USB JetFlash drives from Transcend Information, Inc. With a high-capacity Transcend JetFlash, mobility of data between computers has never been so convenient and secure. While numerous technologies are available and being developed for data sharing among computers, complications often result from incompatible software, input/output methods, the need for special drivers, or inadequate capacity. Enter the JetFlash from Transcend. Almost immediately after plugging JetFlash into a USB port, it is ready to read or write. Most operating systems already include the files needed by this USB mass storage device, and the USB port provides the small amount of power it needs. Available in capacities from 16MB to 1GB, it easily replaces floppy disks, ZIP cartridges, or even hard drives. The redesigned JetFlash from Transcend also includes password protection and a write protect switch to ensure the privacy and retention of sensitive information. JetFlash can be easily configured with the provided software to prevent unauthorized personnel from either accidentally or maliciously tampering with its contents. A high capacity controller allows a maximum data transfer speed of 1.5 MB (12M bit) per second, and its top quality NAND type Flash memory provides dependability for years of use. Transcend is so confident of its reliability, that a two-year warranty is offered with every JetFlash. JetFlash can also be setup to be used as MS-DOS Boot Disk with the software included in the package. ...Transcend Information profile CARLSBAD, Calif. - June 12, 2002- In a partnership with Dutch reseller PDF, Dot Hill Europe B.V. implemented a SAN for advertising agency and J. Walter Thompson affiliate, PPGH. The installation was made in the Apple Macintosh environment, which is widely used by creative entities, such as advertising agencies, worldwide. "Deadlines can make or break you in the advertising business, so we can't afford any downtime due to IT issues," said Joep Steenman, IT manager for PPGH/JWT. "Dot Hill and PDF extensively tested our SAN solution in the lab and then in our offices before taking it into production. We've had optimum productivity and full availability to our data since the SAN was installed." PPGH/JWT is using its SAN with Appleshare IP, software that provides a powerful yet simple way to communicate and exchange information using file, print, mail and web services, along with Canto Cumulus software that organizes and publishes any digital file such as images, layouts, presentations, video, audio or text. The agency's creative staff continually accesses the image database while developing advertising campaigns for its clients. "Due to Dot Hill's open systems approach to storage, we have extensive experience implementing SANs in a variety of operating environments, including the Macintosh graphics' platform which is used globally in the advertising industry," said Bert van der Woning, managing director of Dot Hill EMEA (Europe, Middle East, and Asia). "With the help of our long-time partner PDF, we plan to place more emphasis on this sector." ...Dot Hill profile Hopkinton, Mass.- June 12, 2002 - EMC Corporation today announced CLARiiON support for Compaq Tru64 UNIX operating environments. Building upon the customer trend of separating storage acquisitions from servers, customers are now able to combine the power of networked EMC CLARiiON enterprise storage systems and software with their Compaq AlphaServers running the Tru64 UNIX operating system and Compaq TruCluster high-availability clustering software. ...EMC profile California -June 12, 2002 - Arkeia Corp. announced today the launch of Arkeia Virtual Server, a new product in its range of backup solutions. This Virtual Backup Server provides a new array of local and remote data protection services especially adapted to ISPs, telecom specialists and cable operators. By using Arkeia's Virtual Server capacity, ISPs can offer complementary services to current clients, plus attract new business from growing companies that want to avoid expensive hardware purchases. "The exclusive award-winning technology that has made Arkeia the favoured solution for 90,000 users worldwide is ideal for local or remote network backup," stated Arkeia CEO Phil Roussel. "Multiplexing of client machines, multiple streams of data and simultaneous multiple site hosting can facilitate an astonishingly rapid, secure transfer of huge amounts of information." Arkeia, a long-time standard in heterogeneous network backup and restore, is perfectly designed to expand the services offered by ISPs. Literally hundreds of machines can be backed up simultaneously. ...Arkeia profile SAN DIEGO - June 11, 2002 – Overland Data announced that the industry's highest-performing, highest-capacity tape drive, the Quantum SDLT 320, is available to the mid-range storage automation market through Overland Data's NEO™ Series library line of products. Based on Super DLTtape technology, the SDLT 320 drive holds 320 GB of compressed data, a 60 percent greater capacity than any mid-range tape technology. When coupled with NEO Series library solutions from Overland Data, the SDLT 320 drive provides tape automation customers the highest storage density, the lowest cost per gigabyte and the fastest backups available. "Our customers are looking forward to the availability of the NEO series enhanced with SDLT 320 as it offers increased capacity, performance and a cost savings of up to 33% in media," said Bob Scroop, vice president and general manager, Storage Resource Business Unit, Overland Data. "These are all very important factors for our customers who rely on Overland Data to provide the highest capacity, best overall automated solutions to meet their growing needs." Overland Data will offer the SDLT 320 drive in its NEO Series 2000, 4100, 4200, 4300 and 4400 for both enterprise and workgroup solutions. NEO Series libraries can support up to 16 SDLT 320 drives and 208 cartridges, with a storage capacity of more than 33 terabytes and full scalability to meet expanding storage needs. ...Overland Data profile, ...Quantum profile | ||||||||||||||||||||||||||||||||||||||||||||||
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| USB 2.0
DEVELOPERS CONFERENCE, SAN JOSE, Calif. - June 11, 2002 - Milestones were
achieved today at the USB 2.0 Developers Conference with first public
demonstrations of video capture product and the highest performance ever seen
with the latest hardware and software based on the leading personal computer
peripheral interconnect. The biggest showcase for one of the hottest
computer technologies is focused on Universal Serial Bus 2.0, known in the
marketplace as "Hi-Speed USB 2.0."
USB 2.0 increases the speed of the peripheral to PC connection from 12 megabits per second (Mbps) on USB 1.1 to up to 480 Mbps on USB 2.0, or 40 times faster than with the older technology. The higher bandwidth is a major boost for such external peripherals as CD/DVD burners, scanners, hard drives and digital cameras, and opens the market for peripherals that require higher throughput. It also supports demanding PC user applications where multiple high-speed devices run simultaneously, including digital image creation and Web publishing. Another benefit is USB 2.0 is forward and backward compatible with USB 1.1. ...Intel profile, ...USB storage June 11, 2002 - in three related press releases today, the fastest growing tape library manufacturer, Overland Data, working in partnership with Astrum Software, signalled they intend to make serious inroads into the lucrative storage software management market. The companies announced they are working together to bring a new family of Overland-branded storage management software solutions to market. Overland will sell these products worldwide exclusively through its extensive network of resellers.
Overland SRM is available now through Overland's extensive network of resellers, and is priced by the terabyte. Users activate Overland SRM via an electronic license key that allows them to regularly expand the product's capabilities to keep pace with growth. ...Astrum Software profile, ...Overland Data profile BROOMFIELD, Colo. - June 11, 2002 - McDATA Corporation today elected John Kelley as president and CEO, effective August 1, 2002. Kelley joined McDATA in August of 2001 as its president and chief operating officer. Prior to joining McDATA, Kelley was executive vice president for Qwest Communications International, responsible for local network operations overseeing 27,500 employees and for improving service for 25 million customers. Prior to that, Kelley was president of Qwest Wholesale Markets, with full P&L responsibility for $2.8 billion in revenue. Kelley has served on McDATA's board of directors since August 2001. Kelley will succeed Jack McDonnell as McDATA's chief executive officer. McDonnell, a McDATA co-founder, will continue as chairman of the board and, in addition, will remain actively focused on the company's long-term strategy and business development activities, as well as continuing to support its customer relationships. ...McDATA profile |
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| Marketing Views | STORAGEsearch | SPARC Product Directory | ACSL - the publisher |
