INRANGE TECHNOLOGIES - 500 Beiträge pro Seite

[MarkusHM]

Aufgepasst!!!!!!!
Inrange kommt! Inrange ist im Bereich der Netzwerkausstatter tätig und hat sich auf die Produktion von Netzwerkweichen (auch unter dem Namen Switches bekannt) spezialisiert.

Heute kam dann ne Hammermeldung. Ich stell sie mal auf Englisch rein und übersetz dann mal (hoffentlich richtig) das Wichtigeste ins Deutsche:

Wednesday February 28, 11:53 am Eastern Time
Press Release
SOURCE: SPX Corporation
SPX Corporation to Buyback INRANGE Technologies Stock
MUSKEGON, Mich., Feb. 28 /PRNewswire/ -- SPX Corporation (NYSE: SPW - news) today announced that its Board of Directors has authorized the repurchase of up to $50 million of its INRANGE Technologies subsidiary`s stock. The purchases will be made from time to time over the next several months on the open market and will be funded with cash from operations. The decision to repurchase shares of INRANGE is based on the company`s continued confidence in INRANGE`s business and the relatively low price of the stock in the current volatile market.

On September 22, 2000, the company completed an initial public offering of 8,855,000 shares of its INRANGE Technologies subsidiary`s Class B common stock. INRANGE is traded on the NASDAQ National Market under the symbol INRG.

SPX Corporation is a global provider of technical products and systems, industrial products and services, service solutions and vehicle components. The Internet address for SPX Corporation`s home page is www.spx.com .

Certain statements in this press release are forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. These statements involve a number of risks, uncertainties, and other factors including potential changes in market conditions that could cause actual results to differ materially. Please refer to the Company`s filings with the Securities and Exchange Commission for discussion of certain important factors that relate to forward looking statements contained in this press release. Although the Company believes that the expectations reflected in any such forward looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.

SOURCE: SPX Corporation

Also: Inrange ist die Tochtergesellschaft von SPX Corporation. Da SPX Corp. vom Erfolg
von Inrange überzeugt ist und die Aktien für niedrig bewertet ansieht, will man nun für bis zu 50 Millionen Dollar Aktien zurückkaufen. (das wären beim jetztigen Kurs ca. 3 millionen Aktien)
Ich hab nun mal bei yahoo.finance recherchiert und herausgefunden, dass bei Inrange gerade einmal 8 Millionen Aktien (10%) im freinen Handel sind. Der Clou ist nämlich, dass die 3 Mio. Aktien über den freien Markt an der Nasdaq zurückgekauft werden sollen. Sollten nun wirklich 3 Millionen Aktien zurückgekauft werden, wäre das eine enorme Anzahl. Der geringe free float ist zudem ein Beweis für das Vertrauen der institutionellen Anleger, die ihre Aktien alle behalten haben!

Zum einen haben wir hier also eine Aktie, die intern für große Zuversicht sorgt (sehr positive Quartalszahlen haben das bewiesen - das Unternehmen schreibt schwarze Zahlen!).
Zum anderen werden die Aufkäufe den Kurs in schlechten Zeiten stützen und ansonsten beflügeln.
Ein Kursziel will ich nicht nennen. Macht euch eure eigenen Gedanken und nehmt das hier als Denkanstoss

Viel Glück und ein kühles Köpfchen

Markus

[panik]

INRANGE Provides New SNIA Center With Key SAN Fabric Technology to Support On-Going Interoperability Testing
IN-VSN FC/9000 Fibre Channel Director Enables Extended Copy Demonstrations at Recent Grand Opening Ceremonies
LUMBERTON, N.J., Feb. 28 /PRNewswire/ -- INRANGE Technologies (Nasdaq: INRG - news), a leading provider of high-end scalable storage networking solutions, has pledged on-going support to the Storage Networking Industry Association`s (SNIA) new technology center (Colorado Springs, CO), providing SNIA with resources that include a one-year loan of its IN-VSN(TM) FC/9000(TM) Fibre Channel Director.

The 14,000-square-foot technology center, the largest independent storage networking complex in the world, supports SNIA by providing testing laboratories as well as educational and training facilities. The center also facilitates the gathering of work groups for the study, development and recommendation of storage standards to the appropriate standards bodies.

At grand opening ceremonies held at SNIA`s Technology Center earlier this month, INRANGE teamed with leading storage management and storage device vendors in the Extended Copy Exhibit to demonstrate the server-free movement of data. The FC/9000 fabric was used to connect, access, and manage ``virtual`` disk drives and to migrate data directly between the drives and optical archives. Server-free backup is one of the key benefits of fibre-channel-based Storage Area Network (SAN) technology, as it shortens backup/restore windows significantly and frees up production databases or application servers normally used in backup procedures for other tasks.

``INRANGE`s on-going equipment contribution to SNIA fosters our work and the work of member companies to develop storage network solutions that are interoperable and open,`` stated Bob Perera, Co-leader of the Extended Copy Theme at the SNIA Technology Center. ``The FC/9000 platform provides us with the port capacity and any-to-any connectivity needed to set-up and execute test scenarios swiftly and without restriction.``

The FC/9000 Fibre Channel Director is the industry`s lowest latency, most scalable solution for building enterprise-class SANs. Currently shipping in 64-port models, the FC/9000 is expected to be available in 128-port models in late Q1, 2001. The system in use at SNIA is currently configured with 24 ports, and can be easily expanded. INRANGE has also committed to upgrading the FC/9000 at SNIA with its new distance extension technology called Extended Credit Addressing Facility (XCAF (TM)). XCAF technology allows any port in the FC/9000 to communicate with SANs and devices up to 100 kilometers away, freeing enterprise SANs from traditional boundaries.

``INRANGE is deeply committed to actively participating in and supporting the work of standards bodies,`` stated Greg Grodhaus, INRANGE CEO and President. ``It helps our industry and it helps our customers to reap the best that technology has to offer. As such, we are delighted to work with SNIA.``

About INRANGE Technologies (www.inrange.com)

INRANGE Technologies designs, manufactures, markets and services networking and switching products for storage, data and telecommunications networks. Our products provide fast and reliable connections among networks of computers and related devices and are used in global 2000 businesses and other enterprises that operate large-scale and heterogeneous systems where open connectivity, reliability, and continuous availability are critical. Our products are designed to be compatible with various vendors` products and multiple communication standards and protocols.

About the SNIA

The Storage Networking Industry Association (SNIA) is a not-for-profit organization, made up of over 200 companies and individuals spanning virtually the entire storage industry. SNIA members share a common goal: to set the pace of the industry by ensuring that storage networks become efficient, complete and trusted solutions across the IT community. To this end the SNIA is uniquely committed to delivering standards, education and services that will propel open storage networking solutions into the broader market. For information, contact the SNIA at 650-949-6720 or via e-mail at [e-mail], or visit the SNIA web site at http://www.snia.org.

About the Technology Center

As a laboratory, the Technology Center embodies the SNIA vision through this new facility by providing members with the opportunity to profile enterprise storage systems, platforms and products utilizing Fibre Channel, NAS and IP Storage infrastructures. The SNIA Technology Center further showcases the development and testing of advanced network storage technologies that require interoperability of multi-vendor storage products. For further information on the SNIA Technology Center, visit the SNIA web site at http://www.snia.org.

INRANGE and the INRANGE logo are registered trademarks of INRANGE Technologies Corporation. IN-VSN, FC/9000, and XCAF are trademarks of INRANGE Technologies Corporation. All other trademarks and product names are the property of their respective owners.

Forward-Looking Statement

This press release contains a discussion of our expectations for our product introduction and capabilities, and other forward-looking statements, in addition to historical facts. Statements regarding our product introduction and capabilities, competitive strengths, business strategy, future financial position, the markets and market growth for our products, and our plans and objectives, are forward-looking statements and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in our release can also be identified generally by the use of forward-looking terminology such as ``may,`` ``will,`` ``expect,`` ``should,`` ``intend,`` ``estimate,`` ``anticipate,`` ``believe,`` ``continue`` and the like. Due to the risks and uncertainties of our business, including, but not limited to those described in the ``Risk Factors,`` ``Management`s Discussion and Analysis of Financial Condition and Results of Operations`` and ``Business`` sections of our prospectus, and the other reports we file from time to time with the Securities and Exchange Commission, readers are cautioned not to rely on these forward-looking statements, which speak only as of the date of this release. In particular, the timing of the introduction and the capabilities of the products we are developing are subject to the risks and uncertainties of our business, described in those sections and other reports. We can give no assurance that our expectations, as reflected in these forward-looking statements, will prove to have been correct and our actual results could differ substantially from those anticipated.

SOURCE: INRANGE Technologies

[MarkusHM]

INRANGE and IBM Team with iT-AUSTRIA to Deploy International FICON Storage Area Network (SAN)IN-VSN FC/9000 Director Instrumental in Building Leading-Edge SAN for iT-AUSTRIA


LUMBERTON, N.J., Apr 5, 2001 /PRNewswire via COMTEX/ -- The first large-scale
production storage network utilizing FICON has been implemented by iT-AUSTRIA,
which selected INRANGE (Nasdaq: INRG) Technologies` FC/9000(TM) Fibre Channel
Director as the switching infrastructure for its new, high performance SAN.
FICON is IBM`s interconnect technology that lets users migrate ESCON-based
mainframes to the faster, more efficient storage network links afforded by
today`s fibre channel technology.

As Austria`s largest Information Technology services provider, iT-AUSTRIA
supports all the information processing services primarily for Bank Austria,
Creditanstalt, Erste Bank, SPARDAT and the Austrian Saving banks. It relies upon
the FC/9000 ? the industry`s most scalable and highest performance SAN
technology ? to direct the flow of up to 2 terabytes of data per day, stored on
tandem IBM 3494 Tape Libraries.

To help ensure continuous availability of the bank`s information systems,
iT-AUSTRIA implemented a Geographically Dispersed Parallel Sysplex (GDPS)
solution across three locations, over six IBM 9672 servers. GDPS technology
helps to manage databases, processors, network resources and storage subsystems
by automatically mirroring critical data and balancing workloads between sites.
The high-availability design of INRANGE`s FC/9000 Director was central in
supporting iT-AUSTRIA`s mission-critical SAN environment. The successful FICON
implementation is the result of the INRANGE/IBM alliance announced last year,
whereby IBM is reselling INRANGE`s FC/9000 through their channels for FICON and
open systems SANs.

"The Magstar 3590 A60 Tape Controller, the first native FICON storage subsystem,
provides significant customer value," said Brenda Zawatski, VP, Removable Media
Storage Solutions for IBM`s Storage Systems Group. "It lowers infrastructure
costs by allowing multiple ESCON channels to be replaced with a single FICON
channel, while delivering improved performance for tape backup applications."

Scalable up to 128 ports and beyond, the FC/9000 is the industry`s highest
capacity Fibre Channel Director. It is part of the of IN-VSN(TM) family of
Virtual Storage Networking solutions, which provides the infrastructure for
building large-scale storage networks that can be extended globally. The Magstar
3590 Tape Controller is designed for attaching 3590 drives to ESCON(R) and FICON
channels on host systems for true enterprise-class backup and recovery
implementations. It extends the performance of tape operations with the highest
sustained I/O and transfer rates to create the highest-performance enterprise
SAN yet.

"Very large-scale networks for enterprise customers with S/390 and zSeries
servers have arrived," stated INRANGE Executive Vice President and Chief
Technology Officer, Charles Foley. "We are positioned with our partner IBM to
replicate the customer success that we have enjoyed at iT-AUSTRIA and assist
other users in capitalizing on the bandwidth and productivity benefits of FICON
implementations."

[MarkusHM]

Inrange gestern +14% auf 21$. Das entspricht einem Anstieg von 200% in den letzten 1-2 Monaten!

Altera Helps INRANGE Break the SAN Barrier


SAN JOSE, Calif., Jun 5, 2001 (BUSINESS WIRE) -- Storage Area Networks
Conference/ Altera Corporation (Nasdaq: ALTR) announced today that INRANGE
Technologies (Nasdaq: INRG), a leader in scalable storage networking solutions,
has selected Altera system-on-a-programmable chip (SOPC) products for use in its
unique Extended Credit Addressing Facility (XCAF(TM)) technology. INRANGE`s
storage area network (SAN) products make it possible to access data over great
distances. Prior to the introduction of XCAF, 10 kilometers was the distance
limitation between devices in a SAN. XCAF allows any port in INRANGE`s
industry-leading FC/9000(TM) Fibre Channel Director to communicate with any
other port in a SAN over 100 kilometers. This distance extension enables users
to realize the true promise of storage area networks: data that is easier to
access, manage, backup, and share regardless of where it is located.

Jay Morris, director of sourcing and supplier development for INRANGE, explained
their device selection criteria, "We considered devices from all of the leading
programmable logic suppliers. Altera provided the best combination of value,
performance, device utilization, and support for this project. Further, the
availability of APEX(TM) 20KE devices in compact FineLine BGA(TM) packages meant
that we could minimize board space and maximize our cost effectiveness."

In order to develop the XCAF technology, INRANGE had to meet rigorous
performance requirements in their design. "We needed the design to run at over
100 MHz in order to meet our goal of allowing any port in the SAN to communicate
with any other port over 100 kilometers away with no performance degradation,"
said Nick Hannon, vice president of storage network switching development. "The
phased-locked loops (PLLs) in the APEX 20KE devices were key to achieving our
targeted speed."

"Enabling breakthrough products like those from INRANGE is exactly what Altera
SOPC solutions excel at," said Alain Bismuth, vice president of new market
development at Altera. "We are excited that our APEX 20KE devices played such an
important role in allowing INRANGE to overcome the 10 kilometer SAN barrier."