June 4, 2004. Advanced Digital Information Corporation (NASDAQ: ADIC), a leading supplier of Intelligent Storage™ solutions for the open systems environment, today announced it has expanded its relationship with IBM by signing an additional agreement to license part of IBM’s tape automation technology. The companies also signed a patent cross-licensing agreement covering their respective patent portfolios in the area of storage.
“This latest announcement is consistent with the ongoing relationship between IBM and ADIC and expands upon previously established efforts to advance and expand both companies’ product offerings,” said Christo Conidaris, Regional Director, ADIC. “This agreement opens up a new range of options, which we expect will help IT departments solve their growing data storage problems more effectively.”
Advanced Digital Information Corporation (NASDAQ: ADIC) is a leading provider of Intelligent Storage™ solutions to the open systems marketplace. ADIC is the world’s largest supplier of automated tape systems using the drive technologies most often employed for backing up open system, client-server networks.* The Company’s data management software, storage networking appliances, and disk-to-tape data protection solutions provide IT managers innovative tools for storing, managing and protecting their most valuable digital assets in a variety of disk and tape environments. ADIC storage products are available through a worldwide sales force and a global network of resellers and OEMs, including Cray, Dell, Fujitsu-Siemens, HP, IBM and Sun. Further information about ADIC is available at www.adic.com.
*IDC 2001 worldwide revenue and unit market share data for all automated systems using DLT, SDLT, LTO, 8mm or AIT drives, and Gartner Dataquest, Tape Automation Systems Market Shares, 2003, F. Yale, April 2004. ADIC is a registered trademark and Intelligent Storage is a trademark of Advanced Digital Information Corporation. All other trade or service marks mentioned in this document should be considered the property of their respective owners.
This press release was distributed by ResponseSource Press Release Wire on behalf of Prompt Communications Ltd in the following categories: Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.