Sunnyvale, Calif. - December 6, 2007 -- Network Appliance, Inc. (NASDAQ: NTAP) announced today that it grew faster than the networked storage market (which includes SAN, NAS, and iSCSI) both sequentially and year over year, in both capacity shipped and revenue, as reported in IDC’s Worldwide Quarterly Disk Storage Systems Tracker Q3 20071.
According to IDC, NetApp outpaced the FC SAN market growth both sequentially and year over year in terms of revenue and capacity. NetApp grew FC SAN revenue at more than four times the rate of the overall FC SAN market, and at almost nine times the rate of the market leader. NetApp grew FC SAN capacity at twice the rate of the overall market and at almost three times the rate of the market leader. Q3’07 marks the 15th consecutive quarter that NetApp FC SAN revenue and capacity grew faster than the market.
NetApp also demonstrated continued leadership in the NAS and iSCSI storage markets in the third quarter. NetApp maintained the number-one market share positions in capacity shipped for NAS (38.7%) and in iSCSI for both capacity shipped (28.3%) and revenue (20.5%).
About Network Appliance
Network Appliance is a leading provider of innovative data management solutions that simplify the complexity of storing, managing, protecting, and retaining enterprise data. Market leaders around the world choose NetApp to help them reduce cost, minimize risk, and adapt to change. For solutions that deliver unmatched simplicity and value, visit us on the Web at www.netapp.com.
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. reports and documents filed from time to time with the Securities and Exchange Commission, including our most recently submitted 10-K and 10-Q.
1IDC Worldwide Quarterly Disk Storage Systems Tracker Q3 2007.
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