STORAGE

NEW YORK, NY -- StorageTek(R) (Storage Technology Corp.), (NYSE: STK), an expert in high-performance, efficient, digitized data storage, further strengthened its dedication to disaster recovery today by unveiling the company's Business Contingency Planning Services, as well as a disaster recovery storage solution. The service extends StorageTek's nearly 33-year commitment to providing first-rate storage solutions for its customers and was announced at NTT's Disaster Recovery Conference in New York. "We recognize that our customers' most crucial asset is their data. Today marks another step in delivering customer-oriented business continuity and disaster recovery to ensure the safety of their data solutions," said Pat Martin, StorageTek chairman, president and CEO. "By recognizing that disaster recovery requires a complete solution approach, StorageTek has shifted from being a product-centric company to one offering full business continuity services and disaster recovery capabilities." The first aspect of the offering is Continuity Planning, which consists of a business impact analysis to investigate the effects of various outages and disasters on the operation of a company, the risks they pose and a recommendation on how best to mitigate potential hazards. The planning process includes: -- Identification of key business processes -- Definition of the required service levels that the identified key processes must deliver -- Risk qualification and mitigation planning -- Management processes to execute the plan -- Technology components of the business resumption architecture "We believe this service offering reaffirms our reputation for delivering industry-leading solutions," said Michael Stout, StorageTek global vice president of Business Continuity Services. "StorageTek is positioned to provide business continuity and disaster recovery services, best-in-class storage technologies, and, through our alliances, critical enabling infrastructure to meet the most demanding customer requirements." The second aspect involves future strategic alliances with best-in-class companies to become a full-scale, cost-effective end-to-end provider of disaster recovery services to small- and medium-sized businesses. This suite of scalable solutions may include disk, tape, SAN, Virtual Storage Manager(R) (VSM(R)), Electronic Remote Vaulting, Peer-to-Peer Remote Copy (PPRC), SnapShot software capabilities, storage management software and professional services. By offering a StorageTek certified, comprehensive solution, StorageTek can successfully address customers' disaster recovery and everyday backup needs. For further information visit www.storagetek.com