Industry Analyst Report Demonstrates NetApp® Market Success
Sunnyvale, CA. - June 2, 2006 --
Network Appliance, Inc. (NASDAQ: NTAP) today announced 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 60.2%.
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%.
"Our increasing revenue and capacity share in
all our key markets demonstrates the value NetApp brings to data
center environments," said Patrick Rogers, vice president of
Products and Partners at Network Appliance. "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 ownership."
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 that simplify data management. Information about Network
Appliance™ solutions and services is available at
"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.
1IDC's Worldwide Quarterly Disk
Storage Systems Tracker Q1 2006.
Network Appliance, Inc.
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