NetApp Growth in Networked Storage Outpaced Market in 2007
Sunnyvale, Calif. - March 7, 2008 --
NetApp (NASDAQ: NTAP) announced today that it grew faster than and
gained share in the networked storage market (which includes SAN,
NAS, and iSCSI) from 2006 to 2007, in both revenue and capacity
shipped, as reported in IDC's Worldwide Quarterly Disk Storage
Systems Tracker Q4 20071. Additionally, NetApp grew its
networked storage revenue at twice the rate of the market
According to IDC, NetApp outpaced FC SAN
market growth in 2007, gaining share in both revenue and capacity
shipped. NetApp grew FC SAN revenue at more than four times the
rate of the overall FC SAN market and at almost seven times the
rate of the market leader. NetApp grew FC SAN capacity at more than
twice the rate of the overall market and at almost three times the
rate of the market leader. NetApp has now gained revenue and
capacity share in the FC SAN space for 4 consecutive years.
NetApp also demonstrated continued leadership
in the NAS and iSCSI storage markets in 2007. The company
maintained the number-one market share positions in capacity
shipped for NAS (37.9%) and for iSCSI for both revenue (21.3%) and
capacity shipped (25.4%).
NetApp 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.
1 IDC Worldwide Quarterly Disk Storage Systems Tracker
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