Network Appliance Makes FORTUNE Magazine's "100 Best Companies to Work For" List

Sunnyvale, Calif. - January 8, 2004 -- Network Appliance, Inc. (NASDAQ: NTAP), a leading provider of enterprise storage solutions, today was named by FORTUNE magazine as one of the "100 Best Companies to Work For." The company made the prestigious list for the second consecutive year, placing at number 48. NetApp is the only enterprise storage company recognized this year by its employees for having a premier work environment.

"We are honored to be named again this year as one of the '100 Best Companies to Work For' by FORTUNE magazine," said Dan Warmenhoven, CEO of Network Appliance. "All that NetApp has achieved is a clear reflection of the hard work and dedication of our employees, whose drive for excellence remains the key force behind our culture, success, and innovation."

NetApp offers workers a variety of things that make it a great place to work:

  • The company's strong corporate culture, which is built on clearly defined values that guide decision-making and actions
  • Strong employee communications through company events, such as quarterly All Hands meetings, Webcast executive messages, intranet Web sites, and ongoing cross-functional team building
  • Its employee orientation program, T.O.A.S.T. (Training On All Special Things), which gives employees an overview of the company goals and objectives and how each department contributes to the company's overall success as well as the opportunity to talk to and have lunch with the NetApp senior leadership team
  • Creative management of benefits programs, enabling NetApp to do things such as fund its employee gym from surplus money accumulated through its disability plan
  • Consistent encouragement and rewards such as the NetAppreciation Awards for innovative thinking and teamwork

FORTUNE magazine compiles and selects the "Best Companies to Work For" list every year from a pool of eligible U.S.-based applicants. To be considered by FORTUNE, submitting companies allow the magazine to survey randomly selected employees on topics like trust in management, pride in work and company, respect for the individual, and camaraderie. Two-thirds of the ranking is based on the collected employee surveys. FORTUNE also considers employee demographics, benefits and compensation, and work-life balance offerings.

The magazine worked with Levering and Moskowitz this year to survey a random sample of 45,526 employees from 304 candidate companies. Each company was also asked to fill out a questionnaire, describing its HR policies, practices, philosophies, and workplace culture. In scoring the responses, Levering and Moskowitz placed the greatest weight on the employee responses (two-thirds of the total), in addition to evaluating each company's benefits and practices.

The Great Place to Work Institute assisted in creating the survey and evaluating the company responses. The list and related stories appear in the January 12, 2004 issue of FORTUNE magazine, which became available in newsstands on January 5, 2004 and at www.fortune.com on December 29, 2003.

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 continue to drive "The evolution of storage.™" Information about Network Appliance™ solutions and services is available at www.netapp.com.

Press Contact:

Marla Dierkes
Network Appliance, Inc.
(408) 822-3580
marla@netapp.com