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-- IN THIS ISSUE --

THE CONVERGENCE OF SAN AND NAS

CEREVA FOLDS - FAILS TO GET STORAGE ARRAYS TO MARKET

SGI'S NEW STORAGE SERVER IS OF SUPERCOMPUTER CALIBER

Features

Storage Innovations

CEREVA NETWORKS SHUTS DOWN - 140 EMPLOYEES LAID OFF
The once high-flying data storage sector witnessed the collapse of yet another startup. Cereva Networks Inc., with little chance its star-studded cast of venture capitalists will recoup a dime of their $137 million investment.

CONDRE ANNOUNCES RELEASE OF (AIT-1) STORAGE DEVICE
Condre Inc., announced the release of a Universal Serial Bus 2.0 (USB) Advanced Intelligent Tape (AIT-1) storage device that delivers high capacity and high performance data storage for individual workstations and small to medium-sized networks and servers.

MCDATA AND EMC ANNOUNCE 2GB/S DIRECTORS & SWITCHES
McDATA and EMC announced the availability of the industry's leading 2Gb/s director, McDATA's Intrepid, and its 2Gb/s Sphereon Fabric Switches that will provide EMC customers with leading high availability and scalability solutions.

NEXSAN ENTERS IP STORAGE MARKET WITH NEW VERITURE IP iSCSI
Nexsan Technologies, a leader in innovative storage solutions,announced its entry into the IP storage market with the VeritureiP, an iSCSI SAN appliance that enables Nexsan customers to more effectively deploy, share and manage storage assets over Gigabit Ethernet networks with dramatic cost savings compared to Fibre Channel-based SANs.

QUANTUM OFFERS NEW HIGH-CAPACITY SDLT TAPE DRIVE
This latest offering comes from Quantum Storage Singapore Pte Ltd., which has announced its highest capacity mid-range tape drive, the Super Digital Linear Tape (SDLT) 320.

SGI'S NEW STORAGE SERVER IS OF SUPERCOMPUTER CALIBER
SGI, a data storage and management guru, in the market with a new network-attached storage server created for multiplatform environments with supercomputer-caliber data flow.

SGI UNVEILS FILE-SERVER TO ADDRESS NETWORK STORAGE
SGI announced the availability of SGI File Server, a high-performance network-attached storage solution that centralizes critical data for efficient management in multiplatform environments.

Financial Plays Of The Week

CEREVA FOLDS - FAILS TO GET STORAGE ARRAYS TO MARKET
by John Abbott, the451.com
High-end storage startup Cereva Networks decided to close its doors, a move that won't make it any easier for the clutch of competitive high-end startups such as YottaYotta, Zambeel and 3PAR to establish themselves.

KODIAK PARTNERS AFFIRMS FOCUS ON DATA CENTER
Kodiak Venture Partners affired it's focus on the data center sector by strengthening their commitment through additional Egenera funding. With this third round of funding for Egenera Inc., Kodiak Venture Partners has underscored it's commitment to investing in innovative startup companies in the data center market, ranging from companies that are rapidly advancing networked applications and server virtualization to those addressing new demands for lower cost of ownership solutions.

LightSand LAUNCHES STORAGE GATEWAY TO JAPANESE MARKET
LightSand, a pioneering developer of High Performance Wide Area Storage Networks, announced that it has signed an agreement with Digital Technologies Corp. (DTC) to begin selling LightSand's products in Japan. Digital Technologies Corp. will provide sales, service and support for LightSand products in Japan.

Enterprise Data Insights

ADAPTEC FIRST TO SAMPLE SERIAL ATA RAID CONTROLLER
Adaptec Inc., a global leader in data storage access solutions, extended its Serial ATA leadership by becoming the first to sample a Serial ATA RAID controller to four major server and workstation original equipment manufacturers, allowing them to begin Serial ATA disk drive tests, Serial ATA performance evaluations and backplane development.

BAAN LEADS CRM PITCH WITH CROSS-ENTERPRISE ANALYTICS
While maintaining its spotlight on the industrial market, erstwhile ERP vendor Baan has been diversifying into new technological areas with its iBaan suite.

SENSITRON INTRODUCES HRM ENTERPRISE SOFTWARE PLATFORM
Sensitron, Inc., a Silicon Valley software technology company introduces HRM (Health Resource Management) an enterprise software platform for the health industry.

THE CONVERGENCE OF SAN AND NAS
by Geoff Barrall, CTO, BlueArc Corporation
In the press covering the storage industry today, there is no hotter topic than the foreseen convergence of the two key storage networking technologies - SAN (Storage Area Networks) and NAS (Network Attached Storage). Yet while much has been said about this convergence, very little has been said about the driving forces behind it, and what this convergence will deliver to storage purchasers and storage vendors alike.

Top Of The News

Short Takes

Financial Watch
Stonefly & Nexsan Announce OEM Partnership
Shares Of Iomega Corp Up 54 % In The Past Six Months
GTDATA Awarded An Additional Contract From NCR Corporation
People & Positions
Avamar Names Kevin Daly Chief Executive Officer

Quote Of The Week

"This is clearly an overfunded space (Enterprise Storage) that has been funded aggressively and rather stupidly over the past several years." -- Steve Duplessie, Senior Analyst, Enterprise Storage Group

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