NetApp Storage Software Growth Continues to Outpace Market
- 12 June, 2008 10:35
<p>SYDNEY, Australia — 12 June 2008 — NetApp (NASDAQ: NTAP) announced today that it continued to gain momentum in the storage software market. According to IDC’s Worldwide Quarterly Storage Software Tracker Q1 2008, NetApp grew more than twice as fast as the storage software market year over year. This marks the eighth consecutive quarter that NetApp has grown faster than both the storage software market and the market leader on a year-over-year basis.</p>
<p>Also according to IDC, NetApp maintained the number-two market share position in the storage replication software market and continued to close the gap on the market leader. NetApp gained share in the storage replication market and grew fastest among the top five vendors year over year. The company grew at twice the market rate compared to Q1 2007. This marks the 18th consecutive quarter that NetApp has grown faster than both the storage replication market and the market leader year over year.</p>
NetApp creates innovative storage and data management solutions that accelerate business breakthroughs and achieve outstanding cost efficiency. Discover our passion for helping companies around the world go further, faster at www.netapp.com.</p>
<p>NetApp, the NetApp logo, and Go further, faster are trademarks or registered trademarks of NetApp, Inc. in the United States and/or other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.</p>
<p>"Safe Harbor" Statement under U.S. Private Securities Litigation Reform Act of 1995 This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include market and market share trends that benefit the Company, continued customer acceptance, and adoption rates of the Company’s solutions. These forward-looking statements involve risks and uncertainties, and actual results could vary. Factors that could impact our ability to achieve our goals include general economic and industry conditions, including expenditure trends for storage-related products; our ability to deliver new product architectures and products that meet market acceptance; our ability to design products that compete effectively from a price and performance perspective; and other important factors as described in NetApp, Inc. reports and documents filed from time to time with the Securities and Exchange Commission, including our most recently submitted 10-K and 10-Q.</p>
<p>1IDC Worldwide Quarterly Storage Software Tracker Q1 2008.</p>
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