Australia, Sydney - 9 January 2007 --
Network Appliance, Inc. (NASDAQ: NTAP), a leader in advanced
network storage solutions, today was named by FORTUNE magazine as
one of the "100 Best Companies to Work For" for the fifth
consecutive year. This year, NetApp® ranked in the top 10 of
the list, at number six, reflecting the company's emphasis on
attracting and retaining the best talent in the industry and
continuing to demonstrate the values of what NetApp CEO Dan
Warmenhoven calls a "model company." In the mid-sized company
category, NetApp ranked number four out of 36 companies. The elite
and prestigious FORTUNE listing is largely determined by employee
feedback.
"We are extremely pleased that, for the fifth consecutive year,
Network Appliance has been ranked in the top 50 of FORTUNE
magazine's '100 Best Companies to Work For' list," said Dan
Warmenhoven, CEO of Network Appliance. "Our goal has been to build
a company recognized as outstanding by our customers, shareholders,
and employees. The '100 Best' ranking is affirmation that our
employees view NetApp as exceptional. This award truly reflects
what we are striving for as a company-creating an environment that
fosters creativity, innovation, teamwork, productivity, and
individual leadership."
"At NetApp, we take creating and maintaining a unique work
environment very seriously, and work hard to develop programs and
benefits that encourage and motivate our employees," said Gwen
McDonald, senior vice president, human resources. "A portion of the
FORTUNE survey looks at how a company maintains credibility,
respect, pride, and camaraderie, and the fact that NetApp
consistently scores well in these areas is an important
acknowledgement that we're meeting our objectives and creating a
very special place to work."
FORTUNE magazine compiles and selects the "100 Best Companies to
Work For" list every year from a pool of eligible U.S.-based
applicants. FORTUNE works with the Great Place to Work Institute in
San Francisco, and final rankings are based on two criteria: an
evaluation of the policies and culture of each company and the
opinions of the company's employees. The latter is given more
weight; two-thirds of the total score is based on employee
responses to a 57-question survey, which goes to a minimum of 400
randomly selected employees from each company. The survey covers
topics such as attitudes toward management, job satisfaction, and
camaraderie within the organisation. The remaining one-third of the
score is based on an evaluation of each company's demographic
makeup, pay and benefits programs, and culture. Companies are
scored in five areas: credibility (communication with employees),
respect (opportunities and benefits), fairness (compensation and
diversity), pride (employee engagement and corporate reputation),
and camaraderie (teamwork and enjoyment).
The "100 Best Companies to Work For" list and related stories will
appear in the January 22, 2007, issue of FORTUNE magazine,
available on newsstands January 15 and at
www.fortune.com on January 8,
2007.
About Network Appliance
Network Appliance is a world leader in unified storage solutions
for today's data-intensive enterprise. Since its inception in 1992,
Network Appliance has delivered technology, product, and partner
firsts. Information about Network Appliance™ solutions and
services is available at
www.netapp.com.
NetApp is a registered trademark and Network Appliance is a
trademark of Network Appliance, Inc. in the U.S. and other
countries. All other brands or products are trademarks or
registered trademarks of their respective holders and should be
treated as such.
Contact:
Mark Heers
Network Appliance, Inc.
+61 2 9779 5623
Mark.heers@netapp.com
Rachel York
Max Australia
+61 2 9954 3492
Rachel.york@maxaustralia.com.au