InternetNews Staff

Storage Computer Corporation today announced that it commenced legal proceedings against Veritas Software Corporation in the United States District Court for the Northern District of Texas. In its complaint, Storage Computer alleges that certain Veritas Software Corporation storage products infringe Storage Computer’s intellectual property, specifically U.S. 5,893,919 entitled “Apparatus and Method for Storing Data with […]

Network Attached Storage vendor Auspex Systems, Inc. this week reported results for its first fiscal quarter 2002 ended September 30, 2001. According to the company, revenues for the first quarter ended September 30, 2001 were $8.4 million, versus $10.0 million in the prior quarter, a decrease of 16%. First quarter product revenues decreased $1.3 million, […]

Adaptec, Inc. today introduced a low-profile PCI RAID card aimed at the growing high-density server market. The single-channel card is the newest member of Adaptec’s growing family of small form factor RAID solutions that includes two recently announced zero channel products. The Adaptec SCSI RAID 2110S is the follow-on product to the Adaptec 2100S. Adaptec […]

Seagate and its affiliated companies (the “Company”) this week reported its first quarter fiscal 2002 results. According to the company, consolidated revenue of $1.402 billion, net income of $32 million and EBITDA of $145 million for its quarter ended September 28, 2001. For the immediately preceding quarter ended June 29, 2001, pro forma net income […]

Overland Data Inc. this week reported revenue and net income for the first quarter of its fiscal year 2002 that it says exceeded both original analyst estimates as well as higher expectations reset by the Company in a previously issued preliminary release. For the quarter ended September 30, 2001, Overland reported revenue of $39,972,000, up […]

Emulex Corp. , a supplier of storage networking host bus adapters (HBAs), announced it has shipped its 500,000th Fibre Channel host bus adapter. Emulex said its HBAs are deployed in a wide range of system environments, including Windows, UNIX, and mainframes, and are used by the world’s leading server and storage providers, including Compaq, EMC, […]

Storage networking products, software and services vendor Inrange Technologies Corporation today reported its third quarter 2001 results. The company reported revenues for the third quarter 2001 of $55.0 million, at the low end of the expected range, versus revenues of $64.1 million in the third quarter 2000. It attributed The decrease in revenues to the […]

Adaptec, Inc. this week announced its second quarter results, where it said it exceeded street earnings estimates, while generating its 62nd consecutive quarter of pro forma profitability. “Revenues met street expectations, despite the seasonality in Europe and worldwide economic issues,” said David A. Young, chief financial officer. “Sequentially, we saw OEM revenues grow slightly, while […]

Emulex Corp., a supplier of storage networking host bus adapters (HBAs), announced results for its first fiscal quarter ended Sept. 30, 2001. According to the company, revenues amounted to $52.7 million, down 5% from the $55.5 million reported for the same quarter a year ago. Pro forma net income, which excludes deferred compensation, amortization of […]

Fairfax, Va.-based venture capital firm NextGen Capital LLC has invested $1 million in Atlanta’s PrimeWire, a developer of benefits administration applications. The funds will be used to support recent contracts requiring custom Web development and systems integration efforts. The terms of PrimeWire’s agreement with NextGen Capital were not disclosed. Delivering solutions through an application service […]

StorageNetworks, a Waltham, Mass.-based storage service provider, today announced third-quarter revenues of $31.5 million, a 120-percent increase over revenues of $14.3 million in the third quarter of 2000. On a sequential-quarter basis, revenues were down $1.9 million from the second quarter of 2001. Managed services revenue, however, was consistent with last quarter’s numbers in that […]

ePlus, Inc. , a Herndon, Va.-based provider of remotely hosted e-Business services, announced today that its ePlus’ MarketBuilder solution has been selected by Reynolds and Reynolds Company to enhance ReySource its Web-based solution for automotive retailing procurement. MarketBuilder is designed to help customers’ to select, requisition and purchase numerous products from ReySource, including office supplies […]