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Network Appliance Grows Faster than the Market in Networked Disk Storage Systems

  • 07 December, 2004 11:42

<p>Continues to hold IP SAN and network-attached storage leadership position</p>
<p>Network Appliance, Inc. (NASDAQ: NTAP) has demonstrated customers’ embrace of NetApp® solutions by growing faster than the fibre channel storage area network (FC SAN) market as well as the open systems networked storage or Fabric-Attached Storage (FAS) market. According to IDC’s Worldwide Quarterly Disk Storage Systems Tracker, year over year the company grew revenue in the FC SAN market 95.0 per cent, versus the market growth of 16.3 per cent. The company also grew revenue in open systems networked storage or FAS market with 24.6 per cent year over year growth, versus overall market growth of 17.5 per cent and 2.9 per cent sequential growth, versus an overall market decline of 1.2 per cent.</p>
<p>According to IDC, NetApp maintained a strong lead in the iSCSI SAN storage market for the third quarter of 2004 (3Q04). In its core NAS market, NetApp demonstrated continued leadership in NAS hardware for 3Q04 in both revenue and terabytes shipped. Also according to IDC, the company posted a 36.3 per cent revenue market share, with a 13.8 per cent increase in revenue year over year (vs. the third quarter of calendar 2003).</p>
<p>“Customers are increasingly turning to NetApp to solve complex data management issues for their tier one, data centre and mission-critical applications. IDC’s market figures confirm that trend and chart our clear progress establishing a solid FC SAN business and our leadership in both iSCSI and NAS,” said Suresh Vasudevan, Senior Vice President of Product Management at Network Appliance. “Our enterprise customers expect a high degree of consulting and integration from us, and we have worked hard to deliver and exceed their expectations. By focusing on our customers’ needs and ultimately their successes, NetApp can continue to gain market share and partner with our customers to provide complete storage and data management solutions.”</p>
<p>The market share figures demonstrate that customers continue to demand simple, scalable and affordable technology for their networked storage requirements and are turning to NetApp for their storage consolidation, data protection, information lifecycle management, regulatory compliance and business continuance needs.</p>
<p>news ends</p>
<p>Notes for Editors:</p>
<p>About Network Appliance
Network Appliance is a world leader in unified storage solutions for today's data-intensive enterprise. Since its inception in 1992, Network Appliance has delivered technology, product, and partner firsts that continue to drive “The evolution of storage.™” Information about Network Appliance™ solutions and services is available at www.netapp.com.</p>
<p>NetApp is a registered trademark and Network Appliance and The evolution of storage are trademarks of Network Appliance, Inc. in the U.S. and other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.</p>
<p>"Safe Harbor" Statement under U.S. Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include market and market share trends that benefit the Company, continued customer acceptance and adoption rates of the Company’s product and new technologies.. These forward-looking statements involve risks and uncertainties, and actual results could vary. Factors that could impact our ability to achieve our goals include general economic and industry conditions, including expenditure trends for storage-related products; our ability to deliver new product architectures and products that meet market acceptance; our ability to design products that compete effectively from a price and performance perspective; and other important factors as described in Network Appliance, Inc.'s reports and documents filed from time to time with the Securities and Exchange Commission, including our most recently submitted 10-K and 10-Q.</p>
<p>For further information please contact –
Simon Green
Managing Director, Australia and New Zealand
Network Appliance, Inc.
Ph: +61 (0) 2 9779 5600 &amp; +61 (0) 411 223 883</p>
<p>Press contact –
Derek Evans
Gotley Nix Evans Pty Ltd
Ph: +61 (0) 2 9957 5555 &amp; +61 (0) 410 601 673
pr@gne.com.au</p>

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