Archive | June 2, 2005

Pre-integrated Trillium®+plus SS7 Signaling Demonstration at SUPERCOMM 2005

Interphase Corporation® (NASDAQ: INPH), an international supplier of next-generation networking technologies, today announced a live demonstration at SUPERCOMM 2005 featuring the Interphase iSPAN® 4539F PMC T1/E1/J1 controller and iWARE® SS7 software in Continuous Computing’s Trillium®+plus ISUP Network Service-Ready Platform™. Trillium+plus ISUP is a pre-integrated signaling solution that enables rapid SS7 deployments in both AdvancedTCA® and CompactPCI® platforms. The demonstration will be hosted by Interphase in the PICMG pavilion (booth #43085CC) and by Continuous Computing (booth #32076) at SUPERCOMM 2005 in Chicago, Illinois from June 7-9.

Interphase and Continuous Computing have developed solutions for telecom equipment manufacturers (TEMs) to significantly reduce costs and development cycles required to integrate system components. The highly scalable Interphase iSPAN 4539F line card, which supports from two to 128 links in PMC or PCI form factors with rear and front access options, is an integral component of Continuous Computing’s Trillium+plus demonstration. In addition to the line card, the Trillium+plus ISUP signaling solution is comprised of high-performance Trillium ISDN User Part (ISUP) binary code and integrated management software.

The demonstration at SUPERCOMM highlights two innovative features for mobile service providers. The Custom Ringback Tones service lets mobile subscribers replace the typical “ring” or “busy” tones an incoming caller hears when they dial a subscriber’s number with a variety of music, such as the latest Top-40 song or a classic Frank Sinatra tune. The Missed Call Alerting application records all unsuccessful incoming calls when mobile users are outside the coverage area or a subscriber’s phone is turned off. Once the phone is re-connected to the network, the application delivers a call summary via Short Message Service (SMS), providing the subscriber with caller information for missed calls such as call time, calling party name and calling party’s phone number.

“Interphase and Continuous Computing share a commitment to supplying telecom equipment providers with cost-effective solutions and a faster time to market,” said Linsey Miller, Director of Business Development at Interphase Corporation. “This demonstration symbolizes our partnership with Continuous Computing to enable the delivery of highly integrated, development-ready platform solutions to our TEM customer base for the rapid deployment of advanced wireline and mobile infrastructure solutions and applications.”

“We are pleased to showcase the Interphase iSPAN 4539F SS7 line card and software in the Trillium+plus demonstration at SUPERCOMM, which illustrates how Continuous Computing enables TEMs to simplify and accelerate the deployment of SS7 network nodes,” said Steve Kimball, Director of Business Development for Continuous Computing’s Trillium business unit. “As one of our strategic partners, Interphase shares a mutual goal of delivering pre-integrated solutions to TEMs for accelerating time to market and reducing total life cycle costs.”

The Trillium+plus pre-integrated SS7 signaling solution demonstration will be on display at SUPERCOMM, June 7-9, in Chicago, Illinois, in booth #43085CC and #32076.

About Interphase Corporation

Interphase enables rapid platform design and integration for the global voice and data communications markets through custom and off-the-shelf communications equipment, embedded software development suites, and systems integration and consulting services for telecom and enterprise networks. The company’s products connect computer and telecommunication servers to Wide Area Networks (WANs), Local Area Networks (LANs) and Storage Area Networks (SANs) using Asynchronous Transfer Mode (ATM), Ethernet, Signaling System 7 (SS7), IP, Fibre Channel, HDLC, Frame Relay, and Integrated Services Digital Network (ISDN) technologies. Headquartered in Plano, Texas with sales offices across the globe, Interphase 2004 revenues were $35 million. Clients include Hewlett-Packard, Ericsson, Motorola, Inc., Fujitsu Ltd., Nortel Networks Ltd., Lucent Technologies, Lockheed Martin, and Raytheon. Additional information about Interphase and its products is available through the company’s web site at www.interphase.com.

Safe Harbor

This Press Releases contains forward-looking statements with respect to financial results and certain other matters. These statements are made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, without limitation, fluctuations in demand, the quality and price of similar or comparable networking products, access to sources of capital, general economic conditions in the company’s market areas, and that future sales and growth rates for the industry and the company could be lower than anticipated.

About Continuous Computing

Continuous Computing® Corporation provides high availability platform solutions that enable telecom equipment manufacturers to rapidly deploy converged communications. The company supplies integrated solutions in the wireless and Voice over IP markets to over 125 customers worldwide who rely on Continuous Computing to accelerate time to market, reduce total life cycle costs and increase return on investment. The company offers a comprehensive set of Trillium® protocol software; AdvancedTCA and CompactPCI systems; upSuite® platform management; Trillium+plus Network Service-Ready Platforms™; and customization and product life cycle management services. Founded in 1998, Continuous Computing is based in San Diego with offices globally. The company is ISO-9001 certified and a member of the Intel® Communications Alliance. Additional information is available at www.ccpu.com

Continuous Computing, the Continuous Computing logo, Create | Deploy | Converge, Flex21, FlexChassis, FlexCompute, FlexCore, FlexDSP, FlexPacket, FlexStore, FlexSwitch, Network Service-Ready Platform, Quick!Start, TAPA, Trillium, Trillium+plus, the Trillium logo, upBeat, upDisk and upSuite are trademarks or registered trademarks of Continuous Computing Corporation. Other names and brands may be claimed as the property of others.

Continuous Computing is an Associate member of the Intel Communications Alliance.

The Intel Communications Alliance is a member-based program comprised of communications and embedded developers and solution providers. Members are committed to providing a strategic supply of standards-based solutions to the communications and embedded market segments. For more information, please visit: www.intel.com/go/ica

Fujitsu Computer Products of America, Inc., a market leader in document imaging scanners, services and removable storage solutions, today announced that it will be conducting product demonstrations of its award-winning Fujitsu ScanSnap™ scanning solution and its complete line of DynaMO® Magneto-Optical (MO) storage drives at the 21st Annual California Accounting & Business Show in Los Angeles, California on June 6-7, 2005.

Fujitsu will showcase their latest ScanSnap scanning solution with improved software features and organizing capabilities. The new Fujitsu ScanSnap scanner includes an advanced software bundle, including Adobe® Acrobat® 7.0 Standard, ScanSnap Organizer™ version 1.0, and ScanSnap Manager™ version 2.0, providing users with the ability to create, secure, share, review, and archive PDF files.

The Fujitsu DynaMO 1300 Pocket drive, which can help safeguard your critical financial files, will also be demonstrated at the show. Only $199, this compact and lightweight USB 2.0 bus-powered Magneto-Optical removable storage drive is ideal for backup and archive of client and personal data. Data is stored on durable 3.5-inch MO disks, which are resistant to problems plaguing traditional removable magnetic media. SecureMO Folder file encryption software is included.

To see live demonstrations of the Fujitsu ScanSnap scanner and DynaMO storage drives, stop by the Fujitsu booth (#174A), or call Tiffany Leinassar (650/228-5171) to schedule an appointment.

WHEN/WHERE:

Event: 2005 California Accounting & Business Show & Conference

Date: June 6-7, 2005

Booth: #174A

Location: LAX Hilton, Los Angeles, CA

About The 2005 California Accounting & Business Show & Conference

The 21st annual California Accounting & Business Show & Conference is the largest meeting of CPAs in California in 2005 with over 2,000 CPAs and accounting and business executives in attendance. The California CPA Education Foundation-sponsored event includes special programs to generate an active audience for accounting, business, Internet and Web services systems.

For more information, please see: http://www.flaggmgmt.com/ca/default.htm

About Fujitsu

Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting device technologies, highly reliable computing and communications platforms, and a worldwide corps of systems and services experts uniquely position Fujitsu to deliver comprehensive solutions that open up infinite possibilities for its customers’ success. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.7 trillion yen (US$44.5 billion) for the fiscal year ended March 31, 2005.
For more information, please see: http://www.fujitsu.com

About Fujitsu Computer Products of America, Inc.

Fujitsu Computer Products of America, Inc. conducts engineering and marketing activities in San Jose, CA and sales operations throughout the United States. Fujitsu Computer Products of America currently offers products and services including scanners and scanner maintenance, hard disk drives, and Magneto-Optical drives. Fujitsu Computer Products of America is located at 2904 Orchard Parkway, San Jose, CA, 95134. For more information about Fujitsu products and services, call us at 800-626-4686 or 408-432-6333.
For more information, please see: http://www.fcpa.fujitsu.com

Press Contacts

Shareen Harvey
Fujitsu Computer Products of America, Inc.
Tel: 408-894-3926
E-mail:sharvey@fcpa.fujitsu.com

Tiffany Leinassar
Voce Communications
Tel: 650-228-5171
E-mail:tleinassar@vocecomm.com

Copyright 2005 Fujitsu Computer Products of America, Inc. All rights reserved. Fujitsu and the Fujitsu logo are registered trademarks and The Possibilities are Infinite is a trademark of Fujitsu Ltd. DynaMO is a registered trademark and ScanSnap is a trademark of Fujitsu Computer Products of America, Inc. All other trademarks are the property of their respective owner. Statements herein are based on normal operating conditions and are not intended to create any implied warranty of merchantability or fitness for a particular purpose. Fujitsu Computer Products of America, Inc. reserves the right to modify at any time without notice these statements, services, products, as well as warranty and performance specifications.

Transaction Joins Technology Leaders with Nearly 60 Years of Combined Experience in Mission-Critical Environments

Sun Technology and Customer Base Grows Beyond Solaris and Java to Include Broad Range of Information Lifecycle Management Solutions

Sun Microsystems, Inc. (NASDAQ: SUNW) and Storage Technology Corporation (NYSE: STK) today announced that they have entered into a definitive agreement under which Sun will acquire StorageTek. The combination will create a new global leader in comprehensive network computing and data management which collectively had total annual revenues of more than $13 billion in the past four quarters. Together, Sun and StorageTek can offer customers the most complete range of products, services and solutions available for securely managing mission-critical data assets. By bringing a systems approach to Information Lifecycle Management (ILM), Sun will be well-positioned to help customers better manage their growing privacy, security, compliance and policy requirements.

Under the terms of the agreement approved by both boards of directors, StorageTek stockholders will receive $37 per share in cash for each StorageTek share for an aggregate value of approximately $4.1 billion, including the assumption of employee stock options. Sun expects the transaction to be accretive to non-GAAP earnings in the first 12 months following the closing.

“Sun’s technical and financial strength puts us in a great position to act as a consolidator in the IT industry. This acquisition is part of an ongoing strategy to respond to customers seeking to rationalize their datacenter purchases — to free up time and dollars to focus on compliance, architectural integration, security and, of course, the bottom line,” said Scott McNealy, chairman and chief executive officer, Sun Microsystems, Inc. “With this announcement, Sun solidifies its leadership position, with the highest volume computing platforms, the most comprehensive data and identity management solutions, and when combined with StorageTek, an unmatched ability to earn the confidence of customers as they develop, deploy and manage information assets throughout their entire lifecycle.”

“Together, the two companies enjoy financial strength, a complete systems offering, an impressive list of blue chip customers and global reach. We look forward to welcoming the StorageTek workforce into the Sun organization and are confident that the combined enterprise, with its broader range of products, services and capabilities will significantly expand our customer base and opportunities for growth,” added McNealy.

“StorageTek’s decision to combine with Sun reflects our determination to act in the best interests of our customers, shareholders, employees and other constituents,” said Patrick J. Martin, chairman, president and chief executive officer, StorageTek. “By joining forces with Sun to form a combined enterprise with greatly enhanced technological, operational and financial resources, we are positioning that enterprise for accelerated growth and solid performance for years to come. I strongly believe that for StorageTek and all our constituents, this is the right transaction, with the right partner, for the right reasons, at the right time,” Martin concluded.

The products, services and solutions currently offered by Sun and StorageTek complement each other, and form one of the most comprehensive storage and data management portfolios in the industry. Sun today offers a line of innovative storage and networking products, including the Sun StorEdge 6920 storage system, a platform for virtualization and data services on almost any vendor’s storage system. Coupled with StorageTek’s new line of data protection and intelligent archive products, including its Storage Resource Management software and virtual tape solutions, Sun customers will have the ability to implement comprehensive ILM storage infrastructures with intelligence to maximize storage utilization and ensure compliance in enterprise, midrange and workgroup environments.

Following completion of the proposed transaction, which is expected to occur in late Summer/early Fall 2005, StorageTek will become fully integrated within Sun’s organization. In the interim, a joint team with representatives of both companies will develop integration plans that build upon the technological, product and cultural synergies and the best business and product development practices of both companies.

Completion of the transaction is subject to regulatory approval, StorageTek shareholder approval and other customary closing conditions.

The management teams of both companies will host a financial analyst and investor conference call today at 5:15 a.m. PT (8:15 a.m. ET). The call can be accessed at 888-692-0418 (U.S.) or 706-643-7750 (outside U.S.). The conference call will also be webcast at http://www.sun.com/investors and http://www.storagetek.com. For those unable to listen to the live conference call, a telephone replay will be available at 800-642-1687 (U.S.) or 706-645-9291 (outside U.S.) with conference call ID #6797028. The telephone replay will be available beginning June 2, 2005 at 7:15 a.m. PT through June 9, 2005 at 8:59 p.m. PT.

Safe Harbor

This Press Releases contains forward-looking statements that involve risks and uncertainties. These forward-looking statements include statements regarding the expected financial performance of Sun Microsystems, Inc. following the consummation of the acquisition, Sun’s ability to achieve the expected synergies as a result of the acquisition, the strengthening of Sun’s position in the storage market as a result of the acquisition, and the expected timing for closing the acquisition in late Summer/early Fall 2005. Such statements are just predictions and involve risks and uncertainties such that actual results and performance may differ materially. Factors that might cause such a difference include the failure to (1) receive regulatory approval and approval from StorageTek shareholders for the acquisition, (2) successfully integrate StorageTek and its employees into Sun and achieve expected synergies, (3) accurately forecast the acquisition related restructuring costs and allocation of the purchase price to in process research and development, goodwill and other intangibles acquisition related inventory and other asset adjustments, as well as the impact of equity based compensation expense associated with FAS 123R, (4) compete successfully in this highly competitive and rapidly changing marketplace, and (5) retain key employees. These and other risks are detailed from time to time in Sun’s periodic reports that are filed with the Securities and Exchange Commission, including Sun’s annual report on Form 10-K for the fiscal year ended June 30, 2004 and its quarterly reports on Form 10-Q for the fiscal quarters ended September 26, 2004, December 26, 2004 and March 27, 2005.

Additional Information and Where to Find It

StorageTek has agreed to file a proxy statement in connection with the proposed Merger. The proxy statement will be mailed to the stockholders of StorageTek. StorageTek’s stockholders are urged to read the proxy statement and other relevant materials when they become available because they will contain important information about the acquisition and StorageTek. Investors and security holders may obtain free copies of these documents (when they are available) and other documents filed with the Securities and Exchange Commission (the “SEC”) at the SEC’s web site at www.sec.gov. In addition, investors and security holders may obtain free copies of the documents filed with the SEC by StorageTek by going to StorageTek’s Investor Relations page on its corporate website at www.storagetek.com.

In addition, StorageTek and its officers and directors may be deemed to be participants in the solicitation of proxies from StorageTek’s stockholders with respect to the acquisition. A description of any interests that StorageTek’s officers and directors have in the acquisition will be available in the proxy statement. In addition, Sun may be deemed to have participated in the solicitation of proxies from StorageTek’s stockholders in favor of the approval of the acquisition. Information concerning Sun’s directors and executive officers is set forth in Sun’s proxy statement for its 2004 annual meeting of stockholders, which was filed with the SEC on September 22, 2004, and annual report on Form 10-K filed with the SEC on September 13, 2004. These documents are available free of charge at the SEC’s web site at www.sec.gov or by going to Sun’s Investor Relations page on its corporate website at www.sun.com.

About StorageTek

StorageTek is a $2.2 billion global company that enables businesses, through its information lifecycle management strategy, to align the cost of storage with the value of information. The company’s innovative storage solutions manage the complexity and growth of information, lower costs, improve efficiency and protect investments. For more information, see www.storagetek.com, or call 1.800.786.7835.

About Sun Microsystems, Inc.

Since its inception in 1982, a singular vision — “The Network Is The Computer” — has propelled Sun Microsystems, Inc. (Nasdaq: SUNW) to its position as a leading provider of industrial-strength hardware, software and services that make the Net work. Sun can be found in more than 100 countries and on the World Wide Web at http://sun.com

Sun, Sun Microsystems, the Sun logo, Solaris, Java, StorEdge and The Network Is The Computer are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries.

StorageTek and the StorageTek logo are registered trademarks of Storage Technology Corporation. Other names mentioned may be trademarks of Storage Technology Corporation or other vendors/manufacturers.