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ADAPTEC AND SERVERENGINES CREATE STRATEGIC ALLIANCE TO JOINTLY DEVELOP NEXT GENERATION IP STORAGE PRODUCTS

  • 18 March, 2005 11:24

<p>Alliance Accelerates Time-to-Market of Adaptec Next Generation iSCSI Products – Including 10Gb iSCSI – that Eliminate Performance Barrier between Fibre Channel and iSCSI</p>
<p>Sydney, Australia – March 18 2005 - Adaptec, Inc. (NASDAQ: ADPT), a global leader in storage solutions, today announced that it has entered into a strategic alliance with ServerEngines LLC, a privately held start-up company that develops next generation I/O silicon, to advance development of Adaptec’s iSCSI components. Working together, the two companies will accelerate time-to-market of advanced iSCSI technology, such as 10Gb iSCSI, that is expected to give enterprise customers better performance than Fibre Channel Storage Area Networks (SANs) while using the simpler and lower cost IP infrastructure.</p>
<p>Under the terms of the alliance, ServerEngines will employ selected Adaptec engineers, license certain technology, and acquire certain assets related to Adaptec’s iSCSI and TCP/IP offload protocol engines. ServerEngines will leverage its high performance ASIC technology and expertise to make future versions of Adaptec iSCSI products. The resulting Adaptec next generation iSCSI products will be fully backward compatible with current Adaptec Vega-based iSCSI products. This allows customers to protect their storage investment while enabling an easy migration to the higher performance IP SANs needed for today’s data-intensive enterprise organisations.</p>
<p>“While iSCSI adoption is well underway, we expect it to ramp significantly with the availability of next generation products that eliminate the performance barrier between IP and Fibre Channel SANs,” said Robert N. Stephens, president and chief executive officer, Adaptec. “Working together with ServerEngines, we expect to produce the exciting new products needed to move iSCSI to the next level of enterprise computing.”</p>
<p>Located in Santa Clara, CA, ServerEngines is the latest company founded by entrepreneur Raju Vegesna who has founded other successful start-ups including ServerWorks. Currently, ServerEngines is focused on delivering high performance I/O silicon solutions.
“Adaptec is the leader in iSCSI development with significant innovations in the area of iSCSI acceleration and management software,” said Raju Vegesna, chief executive officer, ServerEngines. “Combining Adaptec’s technology and key development engineers with ServerEngines’ entrepreneurship and high performance silicon technology and development expertise will enable Adaptec and its customers to capitalise on the true potential of iSCSI.”</p>
<p>About Adaptec</p>
<p>Adaptec Inc. (NASDAQ:ADPT) provides end-to-end storage solutions that reliably move, manage and protect critical data and digital content. Adaptec provides software and hardware solutions for storage connectivity and data protection, storage networking and networked storage subsystems to leading OEM and distribution channel partners. Adaptec solutions are in use by enterprises, ISPs, medium and small businesses and consumers worldwide. Adaptec is an S&amp;P Small Cap 600 Index member.</p>
<p>About ServerEngines</p>
<p>ServerEngines LLC is a privately held start-up recently founded by Raju Vegesna and several industry veterans. The company is focused on developing innovative solutions for the Enterprise Computing market. ServerEngines is based in Santa Clara, CA.</p>
<p>MEDIA CONTACT:</p>
<p>Rob Stirling
Markom Marketing
+61 2 9977 8922
rob_stirling@markom.com.au</p>
<p>Demetri Christodoulou
Adaptec Australia
+61 2 8875 7874
demetri@adaptec.com</p>

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