Site hosted by Build your free website today!

Xyratex announces Program Win with NetApp

Havant, UK – January 8, 2008 – Xyratex Ltd (Nasdaq: XRTX), a leading provider of enterprise class data storage subsystems and storage process technology, today announced an OEM agreement with NetApp (Nasdaq:  NTAP) to develop and supply general disk arrays for a variety of NetApp® products. 

“We are very proud to be NetApp’s supplier. This new agreement recognizes the value proposition provided by Xyratex through our product design expertise, system test services, and proven business model.” said Steve Barber, CEO of Xyratex.

This agreement builds on the successful implementation of disk arrays currently provided by Xyratex to NetApp and incorporated within NetApp’s industry leading storage hardware platforms.

“We are delighted to be able to continue our relationship with NetApp with this disk arrays announcement.” said Todd Gresham, executive vice president, Xyratex Networked Storage Solutions. “We will continue to focus on execution in our product technology and fulfillment service capability to support NetApp’s requirements”.

This partnership further demonstrates Xyratex’s proven expertise and extensive track record of providing industry leading disk arrays and RAID subsystems to OEM customers worldwide.

Safe Harbor Statement
This press release contains forward–looking statements. These statements relate to future events or our future financial performance. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward looking statements. Factors that might cause such a difference include our inability to compete successfully in the competitive and rapidly changing marketplace in which we operate, failure to retain key employees, cancellation or delay of projects and adverse general economic conditions in the United States and internationally. These risks and other factors include those listed under "Risk Factors" and elsewhere in our Annual Report on Form 20-F as filed with the Securities and Exchange Commission (File No. 000-50799). In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.

About Xyratex
Xyratex is a leading provider of enterprise class data storage subsystems and storage process technology. The company designs and manufactures enabling technology that provides OEM and disk drive manufacturer customers with data storage products to support high-performance storage and data communication networks. Xyratex has over 20 years of experience in research and development relating to disk drives, storage systems and high-speed communication protocols.

Founded in 1994 in a management buy-out from IBM, and with its headquarters in the UK, Xyratex has an established global base with R&D and operational facilities in Europe, the United States and South East Asia.