June 2, 2006
- Network Appliance,
Inc. (NASDAQ: NTAP) today announces that it has gained revenue and
capacity share in all of its key storage markets in the first
calendar quarter of 2006. According to IDC's Worldwide Quarterly
Disk Storage Systems Tracker Q1 2006,1 NetApp gained revenue share
in the networked storage market, growing to a 9.6% share in Q1
2006, up from an 8.5% share at year-end 2005. NetApp also gained
capacity share in networked storage, growing to 19.5% from 15.8% in
the same period.
In Fibre Channel (FC) SAN, NetApp continues to grow faster than the
market in both revenue and capacity, both sequentially and year
over year. This is the ninth sequential quarter in which NetApp has
grown faster than the FC SAN market in revenue. Sequentially, FC
SAN market revenue dropped 12.9%, while NetApp grew 17.4%. Year
over year, the FC SAN market revenue grew 14.8%, while NetApp grew
In its core NAS market, NetApp grew faster than the market in terms
of both revenue and capacity, both sequentially and year over year.
Sequentially, the NAS market revenue dropped 1.5%, while NetApp
grew 7.3%. Year over year, the NAS market revenue grew 14.7%, while
NetApp grew 17.8%. NetApp continues to lead the NAS market in terms
of capacity, with a 45.8% share in Q1 2006, up from a 42.6% share
at year-end 2005.
NetApp demonstrated continued leadership in the iSCSI market in
terms of revenue and capacity, with first-place market share for Q1
2006 in capacity shipped (40.0%) and in revenue (29.7%). In Q1
2006, the iSCSI market revenue dropped 7.2% sequentially, while
NetApp grew 10.0%.
Patrick Rogers, vice president of Products and Partners at Network
Appliance said: "Our increasing revenue and capacity share in all
our key markets demonstrates the value NetApp brings to data center
environments. We look forward to continuing to provide our
customers with data center proven solutions that simplify complex
IT environments and dramatically reduce their total cost of
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-uk.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.
"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 Network Appliance, Inc.'s reports and documents filed
from time to time with the Securities and Exchange Commission,
including our most recently submitted 10-K and 10-Q.
IDC's Worldwide Quarterly Disk Storage Systems Tracker
For Further Information, please contact:
Elisabeth van de Mandele/Sally Robards
020 7580 8852