Storagetek expands midrange tape drive portfolio

StorageTek Ships First Available HP LTO Ultrium Generation 2 Tape Drives With L180 and L700 Tape Libraries

LOUISVILLE, Colo. -- Jan. 30, 2003 - A winning combination just got even better. The industry-leading provider of tape storage solutions is offering customers even more data storage options by expanding its family of technology to include the fastest, highest capacity tape drive technology available for midrange environments.

StorageTek® (Storage Technology Corp., NYSE:STK), the storage services and solutions expert, today announced the general availability of HP's new LTO Ultrium Generation 2 tape drives for StorageTek L180 and L700 tape libraries. StorageTek began shipping the LTO-2 in limited availability in December 2002.

The LTO-2 drive joins StorageTek's extensive tape drive portfolio, which remains the industry's widest selection of advanced tape drive technologies for midrange and high-end environments. Delivering 400GB capacity per cartridge and transfer speeds of up to 70MB/sec compressed, LTO-2 tape drives set a new standard for performance and capacity in midrange environments. LTO-2 tape drives are fully read and write compatible with the first generation of LTO Ultrium tape drives, enabling customers to leverage and protect their investments in earlier LTO technology and simplify migration to this new tape drive.

"During the past year, the midrange of the tape storage market has seen the highest increases in market demand, capacity, and performance of any tape class," said Robert Abraham, president, Freeman Reports. "StorageTek's early adoption of leading-edge LTO Generation-2 drives provides StorageTek and its customers with an important time-to-market advantage in a dynamic market segment."

"The power and value of HP's LTO-2 tape drives are a perfect complement to our industry-leading T9940 and T9840 tape drives, ensuring that we can meet customers' storage demands in both midrange and high-end computing environments," said Gary Francis, StorageTek vice president and general manager, Automated Tape Solutions. "By offering an array of tape drive alternatives for our premier L180 and L700 tape libraries, we can provide our customers with tailored solutions to meet their data storage and protection needs in any environment."

"Generation 2 Ultrium tape drives are the highest-capacity and highest-performance drives for the midrange market today, and HP's ability to bring them to market first has been good for our partners and end-customers alike," said Adam Thew, director, Nearline OEM Business, HP Network Storage Solutions. "Enterprise customers will benefit from these advancements over Generation 1 Ultrium, especially where the backup window is shrinking. Moreover, the adaptive tape speed that is unique to HP's Generation 2 Ultrium drives ensures they will meet the needs of any storage environment."

"Sun is committed to offering customers the latest tape drive technology that can help extend the power and value of their tape library investments," said Kathleen Holmgren, senior vice president, Network Storage, Sun Microsystems. "With the immediate availability of LTO-2 tape drives for the Sun StorEdge(tm) L180 and L700 libraries, our customers can access a wide breadth of tape drive options to meet their unique storage needs."

Priced at $13,750 in the StorageTek L180 and L700 libraries, the HP LTO Ultrium Generation 2 Ultra 3 SCSI tape drive is available immediately. LTO Generation 2 Fibre Channel drives should be available for the L180, L700 and L5500 libraries in the second quarter of 2003, priced at $17,500.

For more information, please contact:
Ken Saunders
Richard Stevenson

Hill & Knowlton
Hill & Knowlton

+44(0) 207 413 3193
+44(0)207 973 5987

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