BROOMFIELD, Colo. —July 17, 2006— McDATA Corporation (NASDAQ Global Select: MCDTA/MCDT) has been recognized among the top ten storage services providers for 2005, according to a Gartner report published this month.
With more than a $24 billion market in 2005 and more than 1,000 storage services providers vying for storage services revenue worldwide, Gartner predicts the storage services market will surpass $30 billion by 2009.
Storage services are becoming more important to the storage industry as a revenue generator and as a way of maintaining account control for hardware vendors, according to the Gartner report. Vendors in this report were ranked based on Gartner estimates of 2005 revenue.*
McDATA expanded its professional and support services in 2005 with the acquisition of CNT, building upon more than two decades of delivering value added services to the storage industry. McDATA’s professional services and support group offers consulting, implementation and management services in six key areas: Remote Office Consolidation, SAN solutions; Mainframe solutions; Business Continuity, Backup and Recovery; Disaster Recovery and Data Migration.
“McDATA is focused on providing customers the best possible data access solutions,” said McDATA COO Todd Oseth. “We are continually investing in services to support that objective and believe McDATA storage services will play an increasingly important role for our customers and partners as we move forward.”
* “Storage Services Market Leaders Hold Their Ground,” written by Gartner Analyst Adam W. Couture, is copyrighted July 5, 2006, by Gartner, Inc. and is reused with permission.
About McDATA (www.mcdata.com)
McDATA (NASDAQ Global Select: MCDTA/MCDT) is the leading provider of storage networking solutions, helping customers build, globally connect, optimize and centrally manage data infrastructures across SAN, MAN and WAN environments. With nearly 25 years experience developing SAN products, services and solutions, McDATA is the trusted partner in the world's largest data centers, connecting more than two-thirds of all networked data.
This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes", "belief", "expects", "plans", "objectives", "estimates", "anticipates", "intends", "targets", or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, McDATA’s relationships with EMC, IBM and Hitachi Data Systems and the level of their orders, aggressive price competition by numerous other SAN and IP switch suppliers, OEM qualification of our new products, integration of CNT’s sales and marketing functions, manufacturing constraints, constraints in obtaining third party product for resale and other risk factors that are disclosed in McDATA’s filings with the Securities and Exchange Commission. These cautionary statements by McDATA should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by McDATA. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. McDATA does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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