MCDATA (MCDT) - 500 Beiträge pro Seite

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Profile:
McDATA Corporation is a provider of high performance enterprise switches and related software for connecting servers and storage systems in a storage area network, or SAN. The Company sells its products through original equipment manufacturers, such as EMC Corporation, resellers, such as International Business Machines Corporation, and systems integrators. The Company`s solutions include hardware and software products, methodologies and education that enable businesses to scale their operations globally through a comprehensive, manageable, flexible data infrastructure that is optimized for application deployment and responsiveness to customer needs. McDATA`s products enable business enterprises to deploy a low-cost, highly available and centrally managed storage network to support growing storage capacity requirements.

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EMC Corporation and McDATA Corporation Announce Completion of the Distribution of McDATA Class A Common Stock
HOPKINTON, Mass. & BROOMFIELD, Colo.--(BUSINESS WIRE)--Feb. 7, 2001--As previously announced, EMC Corporation (NYSE: EMC - news) has declared a stock dividend of all of the shares of Class A common stock of McDATA Corporation (Nasdaq: MCDTA - news) owned by EMC. After the close of market today, February 7, 2001, EMC stockholders of record on January 24, 2001, were issued approximately .0368069 shares of McDATA Class A common stock for each share of EMC common stock held. Cash will be issued in lieu of fractional shares. EMC distributed a total of 81,000,000 shares of McDATA Class A common stock, which represents approximately 74 percent of the total outstanding common stock of McDATA.

As previously announced, EMC received a private-letter ruling from the U.S. Internal Revenue Service stating that the distribution to EMC stockholders of whole shares of McDATA Class A common stock will be tax free to EMC and its stockholders from U.S. federal income tax. Cash received in lieu of fractional shares is taxable.

Calculating Cost Basis

On or about January 25, 2001, EMC mailed an information statement to EMC stockholders of record as of 5:00 p.m. Eastern Time on January 24, 2001. The information statement includes information on the distribution ratio, McDATA Corporation, and how to calculate the share cost basis of McDATA Class A common stock received as a dividend.

EMC Corporation

EMC Corporation (NYSE: EMC - news) is the world leader in information storage systems, software, networks and services, providing the information infrastructure for a connected world. Information about EMC`s products and services can be found at http://www.EMC.com.

McDATA Corporation

McDATA (Nasdaq: MCDT - news and MCDTA - news) is the leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation. Information about McDATA is available at www.mcdata.com.

EMC is a registered trademark of EMC Corporation. Other trademarks are the property of their respective owners.

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McDATA and Avnet Hall-Mark Announce Strategic Distribution Partnership
BROOMFIELD, Colo., Feb. 8 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news), a global leader in open storage networking solutions, announced today a distribution partnership agreement with Avnet Computer Marketing, Hall-Mark Division, a leading worldwide value-added distributor of enterprise computing products, storage, software and services. The partnership will result in additional support and education for solutions integrators, improved SAN scalability options for the reseller market, and ultimately higher value SANs for middle market end-users. Avnet Hall-Mark is McDATA`s first Elite Solution Distribution Partner.

McDATA and Avnet Hall-Mark view this partnership as an opportunity to provide greater options in today`s burgeoning SAN market. By bringing together McDATA`s proven enterprise-to-edge SAN solutions with Avnet Hall-Mark`s broad-line of storage, server and networking products and services, the partnership allows for greater SAN scalability options for Avnet`s resellers from a single supplier.

``Joining forces with Avnet Hall-Mark allows us to bring world-class SAN solutions to the middle market through a world class value distribution partner. With the SAN market growing exponentially, this partnership with Avnet Hall-Mark gives McDATA additional channels for the distribution of our enterprise-to-edge products. We are excited by the opportunity to work with Avnet Hall-Mark and know that the end result will be unmatched support, availability and opportunity for our solutions integrators, resellers and partners,`` said Marty Sos, Director of Worldwide Channels and OEM Sales.

``The addition of McDATA to our growing storage products and services portfolio allows Avnet Hall-Mark to provide true Enterprise-class value-added solutions for our Solutions Integrators and Value Added Resellers. McDATA is the leader in the Enterprise SAN switch space, and the addition of McDATA products and services to our product line, as well as their industry leading SAN education, allows Avnet to provide unmatched support and opportunity for our Solutions Integrators,`` said Ray Fischer, Avnet Hall-Mark executive vice president and general manager, storage business unit.

With the addition of Avnet Hall-Mark to its Elite Partner Program, McDATA is set to continue growing its diverse reseller and end user customer base. Meanwhile, the partnership allows Avnet Hall-Mark to strengthen its position as a single point of contact for multi-vendor SAN solutions.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. McDATA`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA also extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

About Avnet Computer Marketing, Hall-Mark Division

Headquartered in Tempe, Arizona, Avnet Computer Marketing, Hall-Mark Division is an industry leading, value-added distributor of enterprise computing systems, software, storage and services, marketing exclusively to the reseller channel. With locations in North America, Austria, Australia, Czech Republic, France, Germany, Hungary, Italy, Mexico, Poland, Switzerland and the United Kingdom, the Hall-Mark Division is a division of the $2.3 billion Avnet Computer Marketing Group of Avnet, Inc. (NYSE: AVT - news), a global distributor of electronic components and computer products and services from leading manufacturers. Avnet is a Fortune 500 company with annual sales exceeding $11.5 billion. For more information about the Hall-Mark Division, please visit its Web site at http://www.hallmark.avnet.com or call 1-800-967-3664 in the U.S.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

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McDATA Adds Fourteen Partners to Its SAN Interoperability Initiative; OpenReady(TM) Offers Pre-Tested Interoperable SAN Solutions
BROOMFIELD, Colo., Feb. 14 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news), a global leader in open storage networking solutions, today announced 14 new members to its OpenReady(TM) program for comprehensive storage area network interoperability. The new partners are: ATL, BMC Software, Breece Hill Technologies, Connex, CNT, Crossroads Systems Inc., Data Core Software, Legato Systems Inc., OTG Software, QLogic, SCH Technologies, StorageTek, Tivoli Systems and TROIKA Networks.

McDATA created its OpenReady program to foster joint interoperability testing and validation between McDATA and its partners to deliver pre-tested SAN solutions to the market. By pre-testing interoperability, McDATA and its allies enable the global 2000s` IT professionals to eliminate much of the risk and `guesswork` of deploying SAN products into their production environments delivering on the promise of open network storage. Interoperability pre-testing also helps IT professionals to better estimate and control the costs of deploying SAN products and allows them to focus on assisting their internal business partners by spending less time on assessing, qualifying and managing SAN technology related issues such as interoperability.

``Our OpenReady partners are crucial to the entire SAN solution formula,`` said Jeff Vogel, vice president of solutions and systems integration services at McDATA. ``Our partners see us as a critical step in getting their products to market in a predictable, cost-effective way. The give-and-take relationship between McDATA and its OpenReady Partners results in a complete, highly available solution, that customers can rely on.``

McDATA and each OpenReady Partner enter into an agreement to participate in extensive interoperability testing and application qualification work. Each OpenReady qualification program simulates an end-user environment, ensuring the highest quality solution possible. In addition, McDATA`s collaboration with leading industry vendors allows customers a broader portfolio of ``open`` choice options in which to leverage best-of-breed benefits in implementing their SANs.

``Aside from providing highly available SAN solutions, McDATA is an industry pioneer in interoperability testing and qualification,`` said Paul Ellis, director, Tivoli Storage Management Solutions. ``Our participation in McDATA`s OpenReady program means our customers can leverage McDATA`s experience and expertise along with our own specific capabilities to obtain the highest levels of performance, availability and interoperability. Together, we take on the burden of testing so customers can immediately enjoy the benefits of their SAN solution.``

``TROIKA and McDATA truly complement each other by providing storage networking consumers with the most highly available, reliable and scalable solutions,`` said Brenda Christensen, vice president, marketing for TROIKA. ``With McDATA`s OpenReady Program, consumers can trust that our solutions work well together. Essentially, we`re a perfect match, driving storage networking to new levels of interoperability, manageability and simplicity.``

``McDATA`s OpenReady Program is another excellent step toward simplifying SAN implementation,`` said Larry Sanders, president and chief operating officer of Crossroads Systems. ``As a leader in storage routing, we are proud to team with McDATA in delivering proven interoperability to our customers.``

``StorageTek`s participation in McDATA`s OpenReady Program is another key element in addressing our customers` needs for SAN interoperability,`` said Gary Francis, StorageTek vice president and general manager, Automated Tape Solutions. ``Our unique products -- including native fibre tape libraries and the native fibre 9840 and 9940 tape drives -- along with our expertise in tape SAN environments will complement the technologies of the OpenReady partners.``

``Since many of our enterprise customers look to McDATA`s Fibre Channel Director products as they enlarge their SANs, testing our P3000 and P6000 tape libraries with McDATA products becomes increasingly critical,`` said Gene Nagle, product manager for Quantum/ATL. ``ATL is pleased with the OpenReady Program`s facilities, mutual interoperability testing and the pooling of expertise between our two companies.``

``Partnering with McDATA has allowed Breece Hill`s customers to validate SAN configurations in a real world environment; our participation in the OpenReady program maximizes the synergies of McDATA`s SAN expertise with Breece Hill`s tape storage proficiency,`` said Bob Schaefer, vice president, research and development, Breece Hill. ``This partnership allows our customers to deploy best-of-class solutions in a rapidly evolving market. We expect our customers will be able to immediately benefit from this partnership.``

``McDATA`s OpenReady program and leading-edge testing lab are critical components for achieving interoperability in SAN environments,`` said Chris Gahagan, vice president and general manager, BMC Software`s Recovery and Storage Management business unit. ``By being able to test BMC Software`s Application-Centric Storage Management(TM) solutions in this unique environment, our customers are ensured solutions that can be seamlessly managed, regardless of vendor.``

``Aside from providing highly available SAN solutions, McDATA is an industry pioneer in interoperability testing and qualification,`` said Denise Reier, vice president marketing, SCH Technologies. ``Our participation in the OpenReady program means our customers can leverage McDATA`s experience and expertise along with our own specific tape device and library sharing capabilities to obtain the highest levels of performance, availability and interoperability. We take on the burden of testing so customers can immediately enjoy the benefits of their SAN.``

``CNT, a global specialist in storage networking, is participating as a OpenReady Partner to provide McDATA customers with the ability to connect SANs across the enterprise -- at any distance,`` said Brian Larsen, director of product management for storage networking. ``A certified SAN solution from CNT and McDATA will provide customers with the confidence to drive essential e-business and business continuance strategies.``

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. McDATA`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA also extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and the McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in EMC`s and our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

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McDATA Adds Vierzehn Partner zu Seiner SAN Interoperability Initiative; OpenReady(TM) Angebote vor-prüften Interoperable SAN Lösungen
BROOMFIELD, Colo., Feb. 14 /PRNewswire /-- McDATA® Corporation (Nasdaq: MCDT-Nachrichten), ein globaler Leiter in offenen Lagerung-Networking-Lösungen, heute verkündete 14 neue Mitglieder zu seinem OpenReady(TM) Programm für umfassenden Lagerung Gebiet Netzwerk interoperability. Die neuen Partner sind: ATL, BMC Software, Breece Hügel Technologien, Connex, CNT, Kreuzung-Systeme-AG, Daten-Kern-Software, Legato Systeme AG, OTG Software, QLogic, SCH Technologies, StorageTek, Tivoli Systems und TROIKA Networks.

McDATA schuf, seine OpenReady programmieren, um gemeinsame interoperability-Erprobung und Gültigkeitserklärung zwischen McDATA und seinen Partnern zu pflegen, um vor-geprüfte SAN Lösungen zum Markt zu liefern. Durch das Vor-prüfen von interoperability, McDATA und seinen Verbündeten ermöglichen Sie das global 2000s ` ES Profis, viel von das Risiko und `Guesswork auszuschließen ` vom Verteilen von SAN Produkten in ihre Produktion-Umgebungen, die auf dem Versprechen offener Netzwerk-Lagerung liefern. Interoperability vor-Erprobung hilft auch IHM Profis, die Preise vom Verteilen von SAN Produkten besser zu schätzen und zu kontrollieren und erlaubt ihnen, sich zu konzentrieren auf das Assistieren ihren innereren Geschäftspartnern durch das Verbringen weniger Zeit auf, bewertet, qualifiziert und leitet SAN Technologie, brachte Fragen wie interoperability in Verbindung.

`` Unsere OpenReady Partner sind zur ganzen SAN Lösung Formel entscheidend, `` sagte Jeff Vogel, vize Präsident von Lösungen und Systeme-Integration-Diensten bei McDATA. `` Unsere Partner sehen uns als ein kritischer Schritt im Dazubringen ihrer Produkte, auf eine voraussagbare, kosten-wirksame Weise zu verkaufen. Die Kompromißbereitschaft-Beziehung zwischen McDATA und seinem OpenReady Partners Ergebnisse in einer vollständigen, sehr verfügbaren Lösung, auf der sich Kunden verlassen können. ``

McDATA und jede OpenReady Partner betreten in eine Zustimmung, um an umfangreiche interoperability-Erprobung und Anwendung-Qualifikation-Arbeit teilzunehmen. Jedes OpenReady Qualifikation Programm simuliert eine Ende-Benutzer-Umgebung und stellt die höchste Qualität Lösung möglich sicher. Außerdem läßt McDATA`s Zusammenarbeit mit führenden Industrie-Verkäufern Kunden eine breitere Aktentasche zu `` öffnen Sie `` auserlesene Möglichkeiten in dem zu Hebelkraft-gut-von-Rasse nützt im Ausführen ihres SANs.

`` Außer dem Bereitstellen von sehr verfügbaren SAN Lösungen ist McDATA Industrie-Vorkämpfer in interoperability-Erprobung und Qualifikation, `` sagte Paul Ellis, Direktor, Tivoli Lagerung Management Lösungen. `` Unsere Teilnahme in McDATA`s OpenReady Programm bedeutet, daß unsere Kunden Hebelkraft McDATA`s Erfahrung und Sachverstand zusammen mit unseren eigenen bestimmten Fähigkeiten einmachen, um die höchsten Niveaus von Aufführung, Erhältlichkeit und interoperability zu erhalten. Zusammen nehmen wir die Last vom Prüfen an, damit Kunden die Nutzen ihrer SAN Lösung sofort genießen können. ``

`` TROIKA und McDATA wirklich Komplement einander durch das Bereitstellen von Lagerung-Networking-Verbrauchern mit höchsten verfügbar, zuverlässig und scalable-Lösungen, `` sagte Brenda Christensen, vize Präsident, Marketing für TROIKA. `` Mit McDATA`s OpenReady Programm können Verbraucher vertrauen, daß unsere Lösungen gut zusammen funktionieren. Im Grunde, we`re ein perfekter Wettkampf, das Fahren von Lagerung-Networking zu neuen Niveaus von interoperability, Handlichkeit und Einfachheit. ``

`` McDATA`s OpenReady Program ist noch ein ausgezeichneter Schritt zum Vereinfachen von SAN Implementierung, `` sagte Larry Sanders, Präsidenten und Oberhaupt, die Offizier von Kreuzung-Systemen operieren. `` Als ein Leiter in Lagerung Schlagen In die Flucht sind wir stolz, mit McDATA im Liefern von geprüftem interoperability zu unseren Kunden zusammenzuarbeiten. ``

`` StorageTek`s Teilnahme in McDATA`s OpenReady Programm ist noch ein Schlüssel-Element im Adressieren unserer Kunden ` braucht für SAN interoperability, `` sagte Gary Francis, StorageTek vize Präsident und allgemeiner Manager, automatisierte Tonband-Lösungen. `` Unsere einmaligen Produkte-- einschließlich einheimischer Faser-Tonband-Bibliotheken und der einheimischen Faser fährt 9840 und 9940 Tonband-- zusammen mit unseren Sachverstand in Tonband wollen SAN Umgebungen Komplement die Technologien der OpenReady Partner. ``

`` Seit vielen unserer Unternehmen-Kunden kümmern Sie sich um McDATA`s Faser Kanal Direktor Produkte, als sie ihren SANs vergrößern und unseren P3000 und P6000 prüfen, kleben Sie Bibliotheken mit McDATA Produkten, wird zunehmend kritisch, `` sagte Gen Nagle, Produkt-Manager für Quantum/ATL. `` ATL wird mit dem OpenReady Program`s Einrichtungen gefallen, gegenseitige interoperability-Erprobung und das Zusammenlegen von Sachverstand zwischen unseren zwei Gesellschaften. ``

`` Partnering mit McDATA hat Breece Hill`s Kunden erlaubt, SAN Konfigurationen in einer wirklichen Welt-Umgebung zu bestätigen; unsere Teilnahme im OpenReady Programm maximiert den synergies von McDATA`s SAN Sachverstand mit Breece Hill`s, kleben Sie Lagerung-Leistungsniveau, `` sagte Bob Schaefer, vize Präsidenten, Forschung und Entwicklung, Breece Hügel. `` Diese Partnerschaft erlaubt unseren Kunden, gut-von-Klasse-Lösungen in einem schnell entwickelnden Markt zu verteilen. Wir erwarten, unsere Kunden werden fähig sein, sofort von dieser Partnerschaft zu nützen. ``

`` McDATA`s OpenReady programmieren, und führend-Rand-Erprobung-Labor sind kritische Bestandteile für das Erreichen von interoperability in SAN Umgebungen, `` sagte Chris Gahagan, vize Präsidenten und allgemeinen Manager, BMC Software`s Wiederfinden und Lagerung Management Unternehmen Einheit. `` Durch seiend fähig, BMC Software`s Anwendung-zentrische Lagerung Management(TM zu prüfen) Lösungen in dieser einmaligen Umgebung, unsere Kunden werden Lösungen sichergestellt, die nahtlos geleitet werden können, ohne Rücksicht auf Verkäufer. ``

`` Außer dem Bereitstellen von sehr verfügbaren SAN Lösungen ist McDATA Industrie-Vorkämpfer in interoperability-Erprobung und Qualifikation, `` sagte Denise Reier, vize Präsident-Marketing, SCH Technologies. `` Unsere Teilnahme im OpenReady programmiert, meint, unsere Kunden machen Hebelkraft McDATA`s Erfahrung und Sachverstand zusammen mit unserem eigenen bestimmten Tonband-Gerät ein und Bibliothek, die Fähigkeiten teilt, um die höchsten Niveaus von Aufführung, Erhältlichkeit und interoperability zu erhalten. Wir nehmen die Last vom Prüfen an, damit Kunden die Nutzen von ihrem SAN sofort genießen können. ``

`` CNT, ein globaler Spezialist in Lagerung-Networking, nimmt als ein OpenReady Partner teil, um McDATA Kunden mit der Fähigkeit, SANs über dem Unternehmen zu verbinden zu versorgen-- bei irgendeiner Entfernung, `` sagte Brian Larsen, Direktor von Produkt-Management für Lagerung-Networking. `` Eine bescheinigte SAN Lösung von CNT und McDATA wird Kunden mit der Zuversicht versorgen, um wesentliche e-Angelegenheit und Unternehmen-Dauer-Strategien zu fahren. ``

Über McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT-Nachrichten) ist ein globaler Leiter in offenen Lagerung-Networking-Lösungen. Erkannte für sein sehr verfügbar, scalable und zentral geleiteter SANs, McDATA`s Familie von Lösungen stellt das Rückgrat von der SAN Industrie und den Adresse-Unternehmen-Lagerung-Problemen dar. McDATA`s Unternehmen-zu-Rand SAN Lösungen verbessern die Zuverlässigkeit und die Erhältlichkeit von Fakten, um SAN Management zu vereinfachen und den totalen Preis von Besitz zu reduzieren. McDATA auch beträchtlich vor-Teste SAN Lösungen, ES Organisationen mit den umfassenden Werkzeugen, Methodiken und Hilfs wichtige Sache für robuste SAN Implementierung bereitzustellen. McDATA verteilt seine Produkte durch seinen OEMs, Netzwerk von Wiederverkäufern und Elite-Lösung-Partnern. McDATA ist ein eingeschriebenes Warenzeichen. Das McDATA Logo und die McDATA tagline sind Warenzeichen von McDATA Corporation.

Zukunftsweisende Behauptungen

Diese Presse-Freilassung enthält Behauptungen über erwartete künftige Ereignisse, die zukunftsweisend sind und zu Risikos und Ungewißheiten unterwerfen. Für diese Behauptungen behaupten wir den sicheren Hafen für `` zukunftsweisende Behauptungen `` innerhalb der Bedeutung von der Privaten Sicherheiten Prozeß Reform Tat von 1995. Faktoren, die eigentliche Ergebnisse verursachen könnten, zu unterscheiden und wesentlich von Erwartungen zu variieren, schließen ein, aber werden nicht zu begrenzt, unsere Beziehung mit EMC Corporation und IBM, ein Verlust von keinen von unseren Schlüssel-Kunden, Verteilern, Wiederverkäufern oder unserem Hersteller, unsere Fähigkeit, unsere Produkt-Gaben und irgendeinen Übergang zu neuen Produkten, Bestandteil-Qualität und Erhältlichkeit auszudehnen, die Entwicklung vom Lagerung-Gebiet-Netzwerk und den Schalter-Märkten, irgendeine Änderung in Unternehmen-Zuständen, verändert sich in unserer Verkäufe-Strategie, und Produkt-Entwicklung plant, Konkurrenz im Lagerung-Gebiet-Netzwerk und den Schalter-Märkten, wettbewerbsfähige auszeichnende Drucke, fortgesetzte Markt-Annahme unserer Produkte, Name Anerkennung unserer Produkte, verschiebt in der Entwicklung neuer Technologie, verändert in Kunden, der Muster-Fragen, ehemalige Ereignisse und andere wichtige Faktoren kauft, der vorher und bisweilen in EMC`s und unseren Feilspänen bei den AMERIKANISCHEN Sicherheiten und der Tausch-Kommission enthüllt wird. Diese Warn Behauptungen durch uns sollten nicht als erschöpfend analysiert werden oder als irgendein Eintritt hinsichtlich der Angemessenheit von Bekanntgaben, die von uns gemacht wird. Wir können nicht immer vorhersagen oder können nach der Tatsache bestimmen, welche Faktoren würden eigentliche Ergebnisse verursachen, sich wesentlich von jenen zu unterscheiden, zeigte durch die zukunftsweisenden Behauptungen oder andere Behauptungen. Außerdem werden Leser gedrängt, Behauptungen zu betrachten, die die Bedingungen einschließen, `` glaubt, `` `` Glaube, `` `` erwartet, `` `` Pläne, `` `` Objektive, `` `` erwartet, `` `` beabsichtigt, `` `` Ziele, `` oder das seie Sie gern unsicher und zukunftsweisend. Total Warn Behauptungen sollten als seiend anwendbar zu total zukunftsweisenden Behauptungen gelesen werden, wo sie erscheinen. Wir unternehmen keine Verpflichtung, irgendwelche zukunftsweisenden Behauptungen öffentlich zu aktualisieren oder zu revidieren, ob als ein Ergebnis neuer Informationen, künftige Ereignisse oder ansonsten.

QUELLE: McDATA Corporation

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McDATA and Appshop Partner to Provide High-Availability Infrastructure On-Demand Services
Partnership Drives New Storage Infrastructure Model In Applications Hosting Services Industry
BROOMFIELD, Colo., Feb. 22 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news), a global leader in open storage networking solutions, announced today its partnership with Appshop, the leading application service provider (ASP) of Oracle`s full suite of scalable e-Business applications. By using McDATA`s OpenReady(TM) certified SAN solution architecture for its Oracle applications running on Sun Microsystems platforms, Appshop will provide a true, 24-hour, scalable and highly available infrastructure for on-demand requirements. The McDATA/Appshop solution establishes a new storage infrastructure model for the application hosting services industry and establishes a higher industry standard for both performance and application availability.

McDATA leads the industry in providing high-availability enterprise-class storage networking hardware and related software used to connect servers and storage systems in corporate storage area networks (SAN). Appshop provides a full suite of professionally managed enterprise applications for a monthly fee and with unprecedented levels of security, reliability and scalability. Appshop`s deep bench of Oracle-expertise enables the ASP to deliver rapid, cost effective service that is 100 percent customer-focused.

``Our partnership with Appshop results in solutions engineered to scale globally while delivering the type of return on investment and guarantees necessary to support Appshop`s on-demand operations requirement for its mission-critical application needs,`` said Don Wenninger, chief information officer and vice president of information technology, McDATA. ``This partnership combines McDATA`s true high availability storage networking products and architecture with Appshop`s on-demand hosting environment to demonstrate the reality of highly available SAN solutions.``

``With McDATA as both a customer and a solutions technology partner, Appshop is able to provide McDATA with enhanced customer service and a scalable and highly available offering that the industry has come to expect,`` said Prashanth Prahlad, president and founder at Appshop. ``With McDATA`s direct technology advantage we will be able to provide the best performance and uptime to help us exceed the expectations of our service agreements.``

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

About Appshop (www.appshop.com)

Appshop is the leading Application Service Provider (ASP) that focuses on providing the complete enterprise solution using Oracle`s e-Business suite of applications and other complementary applications in a hosted environment for a monthly fee. Appshop`s end-to-end integrated managed solutions include professional services, hosting and environment management, ongoing maintenance and functional and technical 24/7 support. The company offers a full range of managed services for enterprise business applications such as customer relationship management, e-Commerce, enterprise resource planning, finance, human resources, manufacturing, marketing, product development, supply chain management and transportation. Appshop is headquartered in Fremont, California and has regional offices across the U.S. and subsidiaries in Bangalore, India and Zhuhai, China. Additional information about Appshop is available at www.appshop.com.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[panik]

[diwa]

@panik

Seit Fred Hager McData in sein New Technologies Portfolio
aufgenommen hat (Oktober) beobachte ich Mc Data. 100$ war
mir allerdings zu teuer - noch dazu vor der Lock Up Frist.

Bei 35$ kaufte ich mir die erste Position - zu früh wie sich
herausstellte.

Deine Meinung ? abwarten bis 15$ oder wars das jetzt schon.

regards

DiWa

[storage]

hi diwa,bin bei 45 und 30 eingestiegen.
werde morgen nochmal nachkaufen--top firma

[panik]

Gobosh Enhances San Solution Offerings by Joining McDATA`S Elite Partners Program
SAN JOSE, Calif., March 5 /PRNewswire/ -- Gobosh (Go Big or Stay Home), a leading Internet consulting group, announced today it has joined McDATA`s Elite Solutions Partners Program. McDATA® Corporation (Nasdaq: MCDT; MCDTA), a global leader in open storage networking, provides high-availability enterprise-to-edge products including a fibre-channel director, department and workgroup level switches as well as software management products.

``Gobosh is a crucial player in delivering our solutions to companies needing storage area network (SAN) solutions,`` said Marty Sos, director of worldwide channels and OEM sales at McDATA. ``Our relationship with the Elite Partners expands our customer base and enables them to provide our current and potential customers a reliable, highly available SAN infrastructure that delivers real-time information anytime and anywhere.``

Gobosh provides consulting services and technologies that enable companies to cost-effectively build and implement complete business initiatives. Gobosh is staffed with experienced consultants and engineers knowledgeable in all aspects of e-business deployment including strategic consulting, system designs, advanced networking, network and Internet security, data management as well as web and application development.

``Our customers are demanding complete SAN solutions and as a McDATA Elite Partner, we are now able to fully support our customers SAN needs,`` said Bill Ames, president and CEO of Gobosh. ``McDATA has built a reputation in providing comprehensive SAN solutions for the enterprise. We look forward to working with McDATA and including their leading SAN technology within our core service offering.``

About Gobosh Inc.

Gobosh Inc. founded in 1998, is a premier Internet consulting group, on the forefront of the new economy setting the standard for e-integration. Top-notch Gobosh engineers and business consultants plan, architect and deploy technology infrastructures that support the business objectives of its clients, which include startups launching new business models, existing dot.coms and Fortune 1000 companies. Gobosh, meaning Go Big or Stay Home, embodies the dreams, ideas and vision of its clients and employees and their innovative and tireless pursuit of success.

Gobosh is headquartered at 2560 Junction Avenue, San Jose, CA, 95134. Gobosh can be reached at 800-366-2374. For more information contact [e-mail] or view their web site at http://www.gobosh.cc .

CONTACT: Jenifer Concepcion of Nadel Phelan Inc., 831-440-2405, or [e-mail], for Gobosh Inc.; or Beth Fox of Gobosh Inc., 503-205-1415, or [e-mail].

SOURCE: Gobosh Inc.

[panik]

McDATA Breaks Ground on New Corporate Campus
BROOMFIELD, Colo., March 7 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, is celebrating the groundbreaking for the first building planned for its new 109-acre corporate campus. The groundbreaking ceremony will take place today at 10 a.m., 112th and North Simms Street with honorary guests breaking ground, including: McDATA CEO Jack McDonnell; Broomfield Mayor Bill Berens; John Shaw, vice president and general manager of Opus Northwest, L.L.C.; and Tom McGimpsey, vice president of corporate services and general counsel at McDATA.

The first building of the new campus will be 168,000 square feet. It will house McDATA`s engineering, research, integration and development lab, information technologies and data center department focused on the development of high-availability enterprise-class open storage networking hardware and related software used to connect servers and storage systems in corporate storage area networks (SANs). The completion of the first building is scheduled for May 2002.

``This new campus is an example of how the success and rapid growth of a company like McDATA has an impact on its community, its employees and its investors,`` said Jack McDonnell, chairman and CEO of McDATA. ``Today`s groundbreaking signifies McDATA`s long-term goals coming to fruition, and we are thankful for the support of our customers, our community and our employees as we create a new corporate campus. We will all share in McDATA`s continued success.``

``We are pleased that McDATA has chosen Broomfield as its international headquarters,`` said Mayor Bill Berens, City of Broomfield. ``Since their founding in 1982 we have watched McDATA grow and become a major player in its industry, and I commend McDATA for its decision to make such a large investment in our local economy.``

Since first making Broomfield its headquarters in 1985, McDATA has created more than 600 jobs for Colorado residents. In Boulder County, McDATA`s three principal facilities for administration, sales, marketing, customer support, manufacturing, research and development are currently located in Broomfield at 310 Interlocken Parkway, 380 Interlocken Crescent and in Louisville at 1722 Boxelder Street. McDATA plans to move all headquarter operations to the new corporate campus as it develops.

In addition to its Colorado offices, McDATA has research facilities in Canada and sales offices throughout the United States, Europe and Japan.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise- to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[panik]

McDATA Announces Interoperability Between Its Acclaimed ED-5000 Director And Nortel Networks Market-leading Metro Optical Networking Product, OPTera Metro 5200
Solution Allows Customers to Connect and Manage Storage Networks Over MAN Distances
BROOMFIELD, Colo., March 8 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, today announced that it has completed testing to create an interoperable solution utilizing the ED-5000 Director and the Nortel Networks OPTera Metro 5200 as its core components. The solution enables customers to seamlessly interconnect storage area networks (SANs) over metropolitan area network (MAN) infrastructures while meeting customer demand for data exchange and remote management of SANs across extended distances up to 300 kilometers between end points.

Nortel Networks and McDATA have successfully tested a solution that will enable the deployment of high-performance, high-availability SANs spanning multiple, remote physical locations as well as making new types of SAN applications possible that previously couldn`t be implemented over long distances. These applications include disaster recovery, remote data replication, remote data backup and digital content distribution. Nortel Networks OPTera Metro 5200 solution for optical networking and dense wave division multiplexing (DWDM), which allows reliable network connections across SAN locations, has been tested across a variety of storage-based vendors for interoperability and manageability.

``McDATA and Nortel Networks have qualified a carrier class MAN solution for service providers and enterprise customers who require high-availability attributes to run their businesses,`` said Jeff Vogel, McDATA`s vice president of solutions and systems integration services. ``This relationship demonstrates our commitment to offer customers highly available, reliable solutions that remove risks and unplanned costs associated with implementing SAN technology across distances while managing exponential growth and increasing information accessibility needs.``

Using McDATA`s 99.999 percent reliable, highly available ED-5000 Director at the core of the metropolitan backbone, McDATA has been conducting testing of distance-based solutions since February of 2000 in its Systems Integration Lab to ensure reliable, robust customer applications before taking the technology to a customer environment. All testing was completed using McDATA`s software and Director-class ED-5000 to link multiple points within a SAN fabric or at a specific location.

``The interoperability testing effort between Nortel Networks and McDATA allows both companies to implement MAN technology to meet the rapidly increasing storage networking demands of the market while delivering advanced solutions to our customers,`` said Brian McFadden, president, Photonic Networks, Nortel Networks. ``Through testing within the Systems Integration Lab and utilizing McDATA`s extensive expertise, Nortel Networks optical networking technology is maximized and quickly implemented within a customer application with very high reliability.``

For additional information about MAN storage solutions and other McDATA SAN solutions please contact a McDATA sales representative at 800-545-5773.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. McDATA`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA also extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. Nortel Networks and OPTera are trademarks of Nortel Networks. All other trademarks and product names are the property of their respective owners.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward- looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[panik]

CNT to Resell McDATA`s Fibre Channel Connectivity Products
Partnership Ensures Enterprise-Strength Solutions to Drive Results for Storage Networking Customers
MINNEAPOLIS and BROOMFIELD, Colo., March 8 /PRNewswire/ -- McDATA Corporation (Nasdaq: MCDT - news, MCDTA - news), the global leader in open storage networking solutions and CNT (Nasdaq: CMNT - news), the global specialist in storage networking offering consultation, design, validation and implementation of enterprise storage area networks (SANs), announced today that CNT will resell McDATA`s complete enterprise-to-edge line of Fibre Channel connectivity products to its customers and prospects worldwide. The reseller agreement will expand the scope of both CNT and McDATA`s customer base while providing customers full-service, integrated, enterprise-wide SAN solutions.

McDATA`s highly available and scalable SAN solutions offers CNT a complete portfolio of products in order to better meet the needs of its customers, ranging from Fortune 100 to mid-tier organizations. CNT`s dedicated SAN services team provides customers with complete assessment, design and implementation services for multi-vendor SANs. As an OpenReady partner and part of the reseller agreement, CNT and McDATA have invested in providing technology to both companies` SAN solution labs to ensure interoperability between the CNT UltraNet and McDATA products.

``CNT provides the `know-how` to make SANs work through our technology expertise, our multi-platform and multi-vendor approach, and years of real-world experience in designing and implementing storage networks,`` said Gary Johnson, vice president of storage networking services at CNT. ``Our passion -- to provide the best possible products and services to SAN clients -- is behind our decision to build partnerships with fellow leading SAN solution providers, such as McDATA, that enable us to deliver complete storage networking solutions that drive superior business results for our customers.``

CNT will become a McDATA Elite Solutions Partner and an OpenReady partner, providing CNT with access to McDATA`s advanced Systems Integration Lab and SAN methodologies, as well as strengthening the vendors` working relationship for certification.

``As clients migrate from server-centric to storage-centric environments, they require the flexibility to grow their enterprise,`` said Mike Gustafson, vice president of worldwide sales at McDATA. ``Combining McDATA`s technology leadership with CNT`s ability to execute in the sales and consulting service arena greatly expands both the opportunities and the scope of our respective customer bases. Companies demand the ability to grow their current environment to meet future needs, fully leveraging their investments. Partnering with companies like CNT enables McData to expand its enterprise-to- edge SAN strategy and bring our solutions to a broader range of customers. The relationship also enables customers to take advantage of both the McDATA and CNT SAN consulting methodologies.``

``No other company can match CNT`s depth and ability to deliver solutions with all major storage networking protocols, including Fibre Channel, ATM, ESCON, SCSI and IP. We look forward to deploying McDATA`s world-class products within these enterprise storage networks,`` said CNT`s Johnson.

The OpenReady solution agreement, focusing on Enterprise Tape Backup/Restore, will increase CNT`s ability to provide customers with a complete end-to-end SAN solution while leveraging its international sales and professional service forces. McDATA`s and CNT`s lab-to-lab relationship will provide customers with certified solutions over extended distances using CNT`s UltraNet® products.

``CNT`s thorough, non-biased approach and its unmatched expertise has received rave reviews in the industry,`` said Gustafson. ``Since McDATA`s product line is highly complementary to CNT`s product offering, this agreement will allow us to develop additional solutions for the future.``

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise- to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

About CNT (www.cnt.com)

CNT (Nasdaq: CMNT - news) is the global specialist in storage networking solutions. CNT`s expertise lies in our ability to connect to different servers, systems, and platforms -- across any distance -- ensuring high performance and data integrity to drive superior business results for our clients and customers. For more information, visit CNT`s web site at www.cnt.com, or call 763-268-6000.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward- looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[panik]

McDATA CEO Jack McDonnell Presents at Lehman Brothers Global Storage Conference
Company Progress and Market Conditions Were Discussed
SAN FRANCISCO, March 8 /PRNewswire/ -- Jack McDonnell, CEO and chairman of McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, detailed McDATA`s leading position in the storage area networking (SAN) marketplace in a presentation today at the Lehman Brothers Global Storage Conference. McDonnell discussed McDATA`s progress in its drive towards expanding OEM/Reseller partnerships and the company`s movement towards its 2001 target revenue growth goal of 80 percent.

McDonnell emphasized the recent OEM relationship with Hewlett-Packard, disclosed in February, as a clear indicator that McDATA is executing against its stated objective. ``During our January earnings call we said we expected to announce two major OEM relationships this year, the HP announcement is the first of these milestones and is clearly a significant win for McDATA.`` In addition, McDATA announced today a SAN over a metropolitan area network (MAN) solution with Nortel Networks and a worldwide reseller agreement for its enterprise-to-edge family of products with Computer Network Technology (CNT).

Given recent announcements from other companies in the technology sector, IT spending surveys and general economic conditions, McDonnell emphasized that there are concerns that such factors could affect the company in the near-term, but feels cautiously optimistic, at this point, that the company would meet its 80 percent target revenue growth goal for the first quarter and for the fiscal year. McDonnell stated, ``We are entering into the most critical period for the quarter -- the coming weeks are clearly the most important period of time for our team to execute.``

The company expects strong demand for its high availability Director product in 2001. Director revenues in Q4 last year were $62.1 million dollars, which was a 16 percent increase over Q3 and a 287 percent increase over the same period in 1999. ``McDATA has defined and has led the Director market segment with 99.8 percent market share and will focus on continuing to lead the segment going forward. In addition, with the introduction of new products this quarter and next, we anticipate gaining a larger foothold in the department and workgroup switch environments,`` McDonnell said.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise- to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward- looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[diwa]

@storage
ich hoffe Du hast nicht nachgekauft.
Leider hatte ich doch recht

grüße

DiWa

[rainfall]

Hallo,

auch in diesem Thread nochmal meine Frage:
Wo liegt der Unterschied zwischen Mc Data A und B Shares und welchen würdet Ihr weshalb bevorzugen ?

Danke für Eure Hilfe.

[storage]

Hi rainer,ich bevorzuge die 938776(b shares)

Diwa,ja leider hast du recht!
Ich kaufe immer weiter nach!

[rainfall]

Hallo Storage,
weshalb bevorzugst Du die B- Shares ?
Kannst Du mir erklären weshalb die A`s diese Woche 20%, die B`s nur 10% verloren haben ?
Wesentlich liquider sind jedenfalls die A`s ...

???

Fragen über Fragen, das einzige wo ich mir sicher bin ist, daß McData eine gute Firma ist und, was mit Sicherheit nicht zu unterschätzen ist, durch EMC einen guten, explosiven Ruf hat (ich schätze ich bin wohl nicht der Einzige der gerne mal ne 80000% Aktie besitzen würde...).

Mfg Rainfall. (nicht Rainer!)

[ehniente]

Ich habe keine McData-Aktien, aber ich dachte mir, das dürfte euch interessieren:McData (MCDT) $18,81

"Na, da haben sich wohl einige EMC-Aktionaere gefragt, was das ueberhaupt fuer eine Aktie ist, die sich da ploetzlich in ihrem Depot befindet: Am 7. Februar erhielt jeder EMC Aktionaer je 27 EMC Aktien eine McData Aktie. McData wurde 1995 von EMC mehrheitlich uebernommen und im vergangenen Jahr an die Boerse gebracht. Seither hat sich die Aktie von $80 auf ueber $140 entwickelt, um dann in rasender Geschwindigkeit auf unter $20 zu fallen. Ist das normal? Nein. Bei McData weiss im moment niemand so recht, woran
man ist. Und in der momentanen Boersenverfassung moechten die meisten Investoren lieber Bares auf dem Konto sehen, als einen weiteren Wackelkandidaten, ueber den Sie zudem nicht viel wissen.
Der Kursverlauf von McData laesst sich also wie folgt
beschreiben: IPO-Kurs im August 2000 bei $80, anschliessend
erster Boersenhype. Im Zuge der damals noch gesunden Storage-Industrie fuehrten den Kurs auf $140. Nach dem Abflauen des ersten Hypes fiel die Aktie bis Dezember 2000 unter $60, also auf ein noch immer exorbitant hohes Bewertungsniveau, jedoch in der Branche nicht unueblich.
Dann die Januar Rallye: Mitten in die aufgekommene Hoffnung
verkuendet EMC, dass ein grosser Teil der eigenen Beteiligung als Aktien an EMC Aktionaere ausgegeben werden sollen. Jeder professionelle Boersianer, der sich nicht unbedingt mit McData auseinander setzen moechte, shortet nun McData (Shorten = Leerverkaufen). Er weiss, dass er zum 7.2. eine bestimmte Anzahl an McData Aktien haben wird und dass dies im Preis der EMC-Aktie enthalten war. Wie sich nun diese McData-Geschichte auf die weitere Entwicklung der EMC-Aktie und McData Aktie auswirken wird, kann und moechte er so schnell nicht beurteilen. Also stellt er sich durch das Shorten der McData Aktien neutral. Man nennt dies auch Hedging. Denn:Faellt nun der Kurs der McData Aktien, so gewinnen seine Short-Positionen. Resultat fuer den faulen Boersianer: Neutral. Steigt hingegen der Kurs von McData, so faellt seine Short-Position. Resultat: wieder neutral.
Dieses Usus an der Boerse fuehrte zu einer Vielzahl an
Leerverkaeufen in einer Aktie, von der es nur wenige frei
handelbare Aktien gibt. Dies fuehrte umgehend zu Kursverlusten, McData verpasste die Januar Rallye und endete in den $40igern, bevor dann die Zuteilung der McData Aktien fuer die EMC Aktionaere erfolgte.
Seither treffen Hiobsbotschaften ueber die Storage-Industrie ein: Der Kurs von EMC selbst verlor erdrutschartig innerhalb von 2 Wochen von ueber $70 auf unter $40. So erfolgte nach der Zuteilung nicht das erwartete Eindecken der Short-Positionen, sondern vielmehr der weitere Ausverkauf der McData-Aktien durch diejenigen Aktionaere, die diese Aktien nun erhielten (egal, ob
diese nun gehedged hatten oder nicht).
Schoene Geschichte, gell? Dies nur zum Hintergrundwissen. Sie wollen nun sicherlich wissen, was als naechstes passiert? Nun, dazu schauen wir uns doch ganz neutral einmal das Zahlenwerk an:
Mit einem erwarteten Gewinn von 50 Cents je Aktie befindet sich das KGV 01e mit 36 im Wachstumssegment. Kann dieses
Wachstumssegment auch begruendet werden? Die bisherigen Zahlen von McData sprechen durchaus dafuer. Ein Umsatzwachstum von 80% fuer das laufende Jahr ist laut Management weiterhin moeglich. Das Gewinnwachstum soll dabei bei 60% liegen. Der Umsatz betrug 2000 $248 Mio. Es ergibt sich ein KUV 00 von 8.
Noch vor einigen Monaten haette ich eine solche Aktie empfohlen. Derzeit weiss ich jedoch nicht, in wieweit ich den aktuellen Prognosen glauben schenken kann. Umsatzwarnungen bedingen sich gegenseitig und noch ist lange kein Ende in Sicht. Ein KGV von 36 deutet sicherlich nicht auf einen wertkonservatives Unternehmen. Ausserdem befinden sich bislang nur 15% der ausgegebenen Aktien
im freien Umlauf, so dass die Gefahr einer Kursmanipulation sehr gross ist.
Fazit: Trading ist angesagt: Sobald sich der Markt auch nur
veruebergehend erholt, wird McData zu den absoluten Gewinnern gehoeren. Zum einen aufgrund der Marktenge des Titels, zum zweiten aufgrund der eventuell vorruebergehend verbesserten Aussichten, zum Dritten aufgrund des hohen bestehenden Short-Verhaeltnisses (bei ersten Kursanstiegen werden Shorties ihre Leerpositionen eindecken und fuer eine Verstaerkung des Aufwaertstrends sorgen). Fuer eine Langfristanlage wuerde ich jedoch noch warten, bis sich die Wogen um die Storage-Branche geglaettet haben."

-iWatch US-Aktienletter v. 09.03.2001

[rainfall]

Interessanter Artikel.

Danke, mfG Rainfall.

[carolinka]

@ehniente

Sehr interesante Informationen. Guter Beitrag.

Aber
Warum steigt mcdata A über 10% und B nur 2,5%?
80% sollen im Besitz von EMC sein - von A oder B?
Wer kann diesen Rätsel lösen???

[panik]

McData ist weiterhin optimistisch

von Mali Stern: Market Movers ausgewählt vom Team WebersWeb [09.03.01, 21:34]


McData (MCDT) gibt sich „vorsichtig optimistisch“, die Anfang Januar von 40 auf 80 Prozent verdoppelte Wachstumsrate für 2001 zu erreichen. Das Unternehmen war im vorigen Jahr auf einen Umsatz von 249 Millionen Dollar und einen Gewinn von 28 Cents je Aktie gekommen.

Analysten rechnen bislang für 2001 mit einem Umsatz von 415 Millionen Dollar und einem Gewinn von 49 Cents je Aktie, was ein KGV von rund 36 ergäbe – günstig im Vergleich etwa mit Brocade. Für 2002 könnte bei 680 Millionen Dollar Umsatz ein Gewinn von 0,80 Dollar pro Aktie erwirtschaftet werden.

Das Unternehmen, das im vorigen Jahr von EMC abgespalten wurde, produziert Umschalter („Switch“) für Speichernetzwerke und gibt seinen Marktanteil bei großen Systemen mit über 99 Prozent an. Konkurrent Brocade (BRCD) dominiert die mittlere Leistungsklasse.

Der Kurs hat mit 18 Dollar ein neues Tief erreicht; vor dem Einstieg sollten Anleger Bodenbildung und die konjunkturelle Entwicklung abwarten. Sobald die anvisierten 80 Prozent in einem Quartal einmal nicht erreicht werden, kann der Kurs schnell wieder unter Druck kommen.

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McDATA Announces New 32-Port Fabric Switch
Offers the Highest Port Count, Density and Availability for Department SANs
BROOMFIELD, Colo., March 19 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, announced today the release of its 32-port ES-3032 Fabric Switch. As data connectivity continues to grow, IT managers seek larger switches upon which to expand their storage network. With the highest port count offered in a department switch and twice the ports of competitive products, the ES-3032 provides the needed capacity to support business growth and offers the highest port density available on the market and best-in-class availability features -- making it an ideal building block for department SAN environments.

The ES-3032 Fabric Switch provides the versatility and flexibility needed in growing network environments. As a consolidation switch, enterprises can seamlessly tie their department servers into their storage backbone. For environments with smaller storage requirements, the ES-3032 Fabric Switch provides an ideal foundation for department servers and storage connectivity. The newest addition to McDATA`s product line provides customers with a more reliable and high performance alternative to linking multiple lower port count switches. The high port count of the ES-3032 enables more effective network scaling in response to changing business needs. By expanding the SAN with higher port count switches, customers are able to minimize the number of additional switches required which reduces management costs and avoids performance and availability issues associated with inter-switch connections.

``Hitachi Data Systems is dedicated to offering storage and open SAN solutions in a multi-platform environment. Customers look to us to provide them with higher port count switches as their SAN environments continue to grow,`` said Darrel Kent, Hitachi Data Systems Director, Product Management and Product Marketing, Infrastructure Solutions. ``McDATA`s ES-3032 Fabric Switch will be very appealing to many of our customers as it offers a unique blend of high port count and availability features at department switch pricing.``

``McDATA has been engineering products used in very demanding data center environments for years,`` said John McArthur, Vice-President of Worldwide Storage Research, IDC. ``With their 32-port product, McDATA brings their data center class expertise to the department user.``

``McDATA`s 32-port Fabric Switch provides us with the right availability, high port count and is an ideal department backbone switch for First Union,`` said Gary Fox, Director of Enterprise Data Storage at First Union. ``As the nation`s sixth largest banking company, First Union serves 15 million customers. We rely on McDATA`s proven storage solutions to consolidate and manage a single enterprise network.``

Several features previously found only in data center products have been incorporated into McDATA`s ES-3032 Switch. Requiring only 1.5 units (2.63``) of vertical rack space, the ES-3032 provides the highest port density on the market that leaves plenty of room for expansion. McDATA Fabric Switches are the only switches providing extensive high availability features including hot plug, redundant power supplies, fans and optics, on-line diagnostics and non-disruptive, firmware upgrades and fault isolation tools for network-wide activity.

``Avnet Hall-Mark is a leading worldwide value-add distributor of enterprise computing products, storage and services. We offer our customers best-in-class solutions for their expanding storage requirements,`` said Ray Fischer, Executive Vice President, General Manager, Avnet Hall-Mark, Storage Business Unit. ``With our expertise in storage management combined with the industry`s only 32-port switch we expect this new high availability product to be a popular choice with our resellers.``

``The flexibility of McDATA`s 32 port is very important to Sirius,`` said John Flores, Director of Marketing, Sirius, IBM`s top SAN reseller. ``It allows an enterprise to start at any point and build their SAN. Building out from the 32-port will be a key benefit to those companies at the mid-range that are still determining the full extent of their SAN needs.``

``It`s a core building block with greater expansion capacity than other switches available to the SAN market,`` said Walt Hinton, Chief Architect and General Manager, Managed Storage International. ``We see the capacity for growth as a major benefit of McDATA`s new 32-port switch. It is the ideal foundation for deploying a department and provides connectivity and reliability with unlimited possibility for future expansion.``

The addition of the ES-3032 Fabric switch broadens McDATA`s enterprise-to-edge product family which includes its ED-5000 Director, the ES-3016 Fabric switch released last year and the ES-1000 Edge Switch. All McDATA products are tested for reliability and interoperability in its multi-million dollar Systems Integration Lab (SIL). McDATA`s product line includes the only high availability fabric management software application offering customers a single point for managing their entire fabric.

Product Availability

The ES-3032 Switch will be available in limited quantities through March and will be generally available in April from all authorized McDATA Elite Solution partners and OEM partners. For a complete list of McDATA resellers and OEMs, please visit www.mcdata.com/partners/elite/current/index.html.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

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McDATA and IBM Announce Expansion of Worldwide Reseller Agreement; IBM to Resell Complete McDATA `Enterprise-to-Edge` Family of Products
BROOMFIELD, Colo., March 19 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, and IBM Corporation announced today that they have expanded their worldwide reseller agreement. IBM will resell all of McDATA`s `enterprise-to-edge` family of products including its fibre channel director, and its department and workgroup level switches as well as its software management products.

IBM currently resells McDATA`s ED-5000 Enterprise Director to support open systems and FICON markets. The ED-5000 Director is at the core of the industry`s storage area network infrastructure offering 99.999% high availability, fail over logic and redundant power and cooling throughout.

``As a result of the success IBM has experienced with the ED-5000 Director, we are expanding the McDATA strategic relationship,`` said Duane Dueker, IBM vice president of marketing for SANs. ``Our relationship with McDATA has been augmented by the increased acceptance of Enterprise Storage Servers (SHARK) in the marketplace. With approximately 50 percent of SHARKS shipping with fibre channel, this is another example of IBM gaining leadership in the storage area network space. IBM and McDATA have teamed together to leverage their respective testing resources in order to streamline the time to market. To develop tested solutions McDATA employs their state of the art Systems Integration Lab where heterogeneous configurations are developed and tested to mimic customer applications and future market needs.

In addition to the ED-5000 Director, McDATA`s current family of products and software including the ES-3016 Switch, a departmental product that encompasses many of the high availability features found in data center offerings; the ES-1000 Loop Switch, an end-to-end switching solution; and the Enterprise Fabric Connectivity Manager (EFC Manager), which enables IT managers to manage all switched components from a single console.

``IBM clearly understands that many customers need a complete family of products to build their enterprise SAN infrastructure,`` said Mike Gustafson, McDATA vice president of worldwide sales. ``With our enterprise-to-edge family of products and our EFC manager software for fabric manageability, McDATA provides a completely tested and highly available solution IBM can take to end users. When combined with IBM server and storage products, IBM offers customers the complete SAN solution. We are extremely pleased to have IBM reselling our complete product line. This takes our eight year business relationship with IBM to the next level.``

McDATA and IBM have partnered to test and support open robust SANs with IBM`s e-server and Netfinity servers attached to Enterprise Storage Servers and IBM MAGSTAR Tape Drives. Other tested solutions include SHARK attachment for SUN, HP and Novell and 3590 and SCSI LTO support. The McDATA ED-5000 Director also supports attachment to IBMs zSeries servers as well as 3590 MAGSTAR Tape Drives with FICON connections. With the expanded agreement in place, McDATA will also support additional FICON devices as they become available from IBM.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[panik]

Datalink and McDATA Form Strategic Partnership; Datalink to Provide Best-in-Class Technology for Large Scale SAN Environments
MINNEAPOLIS and BROOMFIELD, Colo., March 19 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), the global leader in open storage networking solutions and Datalink Corporation (Nasdaq: DTLK - news), a premier provider of data storage solutions for open systems computing environments, announced today that Datalink will begin integrating McDATA`s enterprise-class Director product in its large-scale information storage architectures. The partnership will boost the scope of both Datalink and McDATA`s customer base while providing customers full-service, integrated, enterprise-wide storage area networking (SAN) solutions.

Datalink is the nation`s leading independent architect of enterprise-class information storage infrastructures. McDATA`s highly available and scalable Director offers Datalink a complete portfolio in order to better meet the needs of its customers. Using McDATA`s Director, the partnership allows Datalink to offer its clients an enterprise class offering with the flexibility to build a true open storage network. As an independent information storage architect, Datalink designs, builds and supports information storage architectures using best-of-breed technologies which ensure information availability, storage, protection and continuity for clients worldwide. Datalink and McDATA have invested in providing technology at both companies` SAN solution labs to ensure true interoperability in a multi-platform environment.

``Datalink is at the forefront of heterogeneous SAN deployments in open systems enterprise environments,`` said Marty Sos, Director of Worldwide Channels and OEM Sales, at McDATA. ``McDATA`s Director product allows Datalink to provide its customers with a clear set of additional solutions to support their enterprise storage needs, no matter how large they grow. It is beneficial to our mutual customers because they get the strength of proven, interoperability-tested, networked storage solutions that both Datalink and McDATA can provide.``

``This new relationship with McDATA allows Datalink to offer a greater level of availability for mission critical environments,`` said Scott Robinson, Chief Technology Officer, Datalink. ``McDATA Directors enhance our ability to meet our customers` growing needs for increased manageability and scalability -- especially in large-scale, complex SAN infrastructures. Our independence gives us the flexibility to choose from the best technologies available in the industry. The high performance and unique functionality of the McDATA products enhances our ability to provide state-of-the-art solutions for our customers.``

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise- to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

About Datalink (www.datalink.com)

Datalink Corporation, based in Minneapolis, Minnesota, is the nation`s leading independent architect of enterprise-class information storage infrastructures. As an independent, Datalink designs, builds, and supports information storage architectures using the best possible technologies. Datalink`s customized storage infrastructures ensure information availability, storage, protection, and continuity for clients worldwide.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward- looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

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McDATA Demonstrates New 32-Port Fabric Switch and 1000 Port Fabric at Analyst Day Event
BROOMFIELD, Colo., March 19 /PRNewswire/ -- McDATA® Corporation, (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, is hosting an event for analysts today at its Broomfield, Colo. headquarters during which its new ES-3032 Fabric Switch will be unveiled.

Attendees at the event will preview McDATA`s full family of products, see an unprecedented large port fabric demonstration of a storage area network (SAN), see McDATA SAN solutions demonstrated and tour McDATA`s state of the art Systems Integration Lab (SIL).

Presentations will be given by Jack McDonnell, McDATA CEO and Chairman; IDC Vice-President of storage John McArthur; Alan Guibord, President, CEO and Publisher of ComputerWorld magazine; Janet Cooper, McDATA Chief Financial Officer; Jim Kuenzel, McDATA Vice-President of Engineering and Mike Gustafson, McDATA Vice-President of Worldwide Sales.

For more information about McDATA or to take a virtual tour of McDATA`s SIL, visit www.mcdata.com.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise- to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward- looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

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McDATA, VERITAS Software and StorageTek Reduce End-User Risk With New LAN-Free Backup Solutions
BROOMFIELD, Colo., March 27 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), the global leader in open storage networking solutions, today announced a multi-partner agreement with industry leaders VERITAS Software and StorageTek to bring the market reliable LAN-free backup solutions. Offered through Avnet Hall-Mark, a division of Avnet Computer Marketing, the combinations of robust hardware and software allow IT managers and storage area networking (SAN) administrators to easily implement local area network (LAN)-free backup of critical data.

Avnet Hall-Mark will distribute McDATA`s ED-5000 Director, ES-3016 and ES-3032 switches, ES-1000 loop switch, host bus adapters (HBAs) and bridges -- along with VERITAS NetBackup(TM) software and automated tape solutions from StorageTek -- in bundled packages to System Integrators (SIs) to help customers deploy interoperable, enterprise SAN solutions that allow for a range of backup options. The market offerings solve end-users` demand for LAN-free backup across fibre channel SANs to increase both the speed and effectiveness of backup as information continues to exponentially expand within both small and large organizations.

``VERITAS, StorageTek and McDATA have developed some of the most robust LAN-free backup solutions available in the marketplace today,`` said Mike Gustafson, vice president of Worldwide Sales at McDATA. ``Together we`re solving a critical customer need by offering fast, reliable and efficient backup to manage exploding amounts of data and improve productivity by giving customers back their LANs. Additionally, we`re providing the means for customers to ease their way into SAN technology with minimal risk regardless of the size, scope or maturity of their IT environment.``

``LAN-free backup technology from VERITAS, McDATA and StorageTek will empower our mutual SAN customers to implement interoperable SAN solutions,`` said Robin Purohit, senior director of product management for SAN and clustering at VERITAS Software. ``By deploying a SAN solution based on the SAN standards adopted by Avnet Hall-Mark, customers can leverage tested SAN technology from three leading vendors to minimize time to implementation.``

``Removing the backup operations from customers` local area networks allows the IT manager to obtain greater efficiencies in backup in an era when data is expanding at a phenomenal rate,`` said Robert Koecheler, vice president of Channel Sales at StorageTek. ``The StorageTek, McDATA and VERITAS partnership will enable customers to more easily transition their data center to a SAN-based architecture.``

The Avnet Hall-Mark distribution arrangement gives customers a single point of sales, service and support to speed deployment and lessen the risk of implementing LAN-free backup solutions. Through McDATA`s OpenReady(TM) program, McDATA, VERITAS Software and StorageTek have developed a lab-to-lab, or engineer-to-engineer, relationship that tests reliability and interoperability across customer environments before offering a market solution.

``The cooperation between McDATA, VERITAS Software and StorageTek allows Avnet Hall-Mark to prove that this LAN-free backup application works before asking SIs and IT managers to implement this solution,`` said Ray Fischer, executive vice president and general manager of Avnet Hall-Mark Storage Business Unit. ``Avnet then bundles the components and knowledge transferred from inter-lab testing to give customers value-added, enterprise solutions with one point of contact and support.``

This agreement provides for a variety of LAN-free backup solutions. The first to market will be a connectivity-focused solution, designed to aggregate low-utilization servers and consolidate tape resources for more efficient, effective backups. Following this will be the first enterprise-class LAN-free backup bundled solution, providing a level of high availability and scalability as yet unseen for business critical data environments. The Avnet Hall-Mark packages can span an enterprise -- from the data center to departmental level -- enabling end-users to enjoy the benefits of SANs immediately without worrying about coming up the technology curve. The companies will continue to join forces to provide solutions that span a variety of customer needs for SAN-based backup solutions.

For more information about LAN-free backup solutions, contact Avnet Hall-Mark at 877-AVNETSW in the U.S. or visit www.hallmark.avnet.com.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

About Avnet Computer Marketing, Hall-Mark Division (www.hallmark.avnet.com)

Headquartered in Tempe, Arizona, Avnet Computer Marketing, Hall-Mark Division is an industry leading, value-added distributor of enterprise computing systems, software, storage and services, marketing exclusively to the reseller channel. With locations in North America, Austria, Australia, Czech Republic, France, Germany, Hungary, Italy, Mexico, Poland, Switzerland and the United Kingdom, the Hall-Mark Division is a division of the $2.3 billion Avnet Computer Marketing Group of Avnet, Inc. (NYSE: AVT - news), a global distributor of electronic components and computer products and services from leading manufacturers. Avnet is a Fortune 500 company with annual sales exceeding $11.7 billion. For more information about the Hall-Mark Division, please visit its Web site at http://www.hallmark.avnet.com.

About StorageTek (www.storagetek.com)

StorageTek (NYSE: STK - news), a $2 billion worldwide company with headquarters in Louisville, Colo., delivers a broad range of storage solutions for digitized data. StorageTek solutions are easy to manage and allow universal access to data across servers, media types and storage networks. StorageTek is the innovator and global leader in virtual storage solutions for tape automation, disk storage systems and storage networking. Because of StorageTek, customers can manage and leverage their digital assets as their businesses grow and can maximize IT productivity to ensure enterprise-class business continuity. For more information, see www.storagetek.com, or call 1.800.786.7835.

About VERITAS The Data Availability Company(TM) (www.veritas.com)

VERITAS Software Corporation (Nasdaq: VRTS - news) provides essential data availability software solutions that enable customers to protect and access their business-critical data for Business Without Interruption(TM). The company`s corporate headquarters is located at 1600 Plymouth St., Mountain View, CA 94043. [phone], fax: [phone], e-mail: [e-mail], Web site: www.veritas.com

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

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StorageTek, McDATA, VERITAS Software to Provide LAN-free Backup Solutions; Offerings Simplify Customer Transition to SAN-Based Backups
LOUISVILLE, Colo., March 27 /PRNewswire/ -- StorageTek® (Storage Technology Corp.) (NYSE: STK - news), the worldwide leader in tape and tape automation, joins McDATA Corp. and VERITAS Software to bring reliable, robust and cost effective SAN-based backup solutions to the marketplace. Offered through Avnet Hall-Mark, a division of Avnet`s Computer Marketing Group, the hardware and software allows customers to easily implement LAN-free backups of critical data.

Avnet Hall-Mark will distribute StorageTek automated tape solutions, McDATA`s ED-5000 director, ES-3016 and ES-3032 switches, the ES-1000 loop switch, host bus adapters (HBAs) and bridges, and VERITAS NetBackup(TM) software as a pre-configured and qualified bundled package to systems integrators and resellers who will assist their customers in implementing SAN solutions. This offering will allow customers, regardless of their size or scope, to more quickly implement SAN-based backup solutions at an affordable price.

``Removing the backup operations from customers` local area networks allows the IT manager to obtain greater efficiencies in backup in an era when data is expanding at a phenomenal rate, said Robert Koecheler, StorageTek vice president of Channel Sales. ``The StorageTek, McDATA and VERITAS partnership will enable customers to more easily transition their data center to a SAN-based architecture.``

The Avnet Hall-Mark solutions can span an enterprise, from the data center to departmental level, enabling end users to enjoy the benefits of SANs immediately. The companies will continue to join forces to provide solutions that span a variety of customer needs for SAN-based backup solutions. ``Avnet Hall-Mark offers services to support the emerging SAN market and is pleased to be providing this solution to our resellers,`` said Raymond Fischer, executive vice president and general manager of Avnet Hall-Mark Storage Business Unit.

``VERITAS, StorageTek and McDATA have developed some of the most robust LAN-free backup solutions available in the marketplace today,`` said Mike Gustafson, vice president of Worldwide Sales at McDATA. ``Together we`re solving a critical customer need by offering fast, reliable and efficient backup to manage exploding amounts of data and improve productivity by giving customers back their LANs. Additionally, we`re providing the means for customers to ease their way into SAN technology with minimal risk regardless of the size, scope or maturity of their IT environment.``

About StorageTek

StorageTek (NYSE: STK - news), a $2 billion worldwide company with headquarters in Louisville, Colo., delivers a broad range of storage solutions for digitized data. StorageTek solutions are easy to manage and allow universal access to data across servers, media types and storage networks. StorageTek is the innovator and global leader in virtual storage solutions for tape automation, disk storage systems and storage networking. Because of StorageTek, customers can manage and leverage their digital assets as their businesses grow and can maximize IT productivity to ensure enterprise-class business continuity. For more information, see www.storagetek.com, or call 1.800.786.7835.

About McDATA (www.McDATA.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. McDATA`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA also extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

About VERITAS The Data Availability Company(TM)

VERITAS Software Corporation (Nasdaq: VRTS - news) provides essential data availability software solutions that enable customers to protect and access their business-critical data for Business Without Interruption(TM). The company`s corporate headquarters is located at 1600 Plymouth Street, Mountain View, CA 94043, [phone], fax: [phone], e-mail: [e-mail], Web site: www.veritas.com.

About Avnet Computer Marketing, Hall-Mark Division

Headquartered in Tempe, Arizona, Avnet Computer Marketing, Hall-Mark Division is an industry leading, value-added distributor of enterprise computing systems, software, storage and services, marketing exclusively to the reseller channel. With locations in North America, Austria, Australia, Czech Republic, France, Germany, Hungary, Italy, Mexico, Poland, Switzerland and the United Kingdom, the Hall-Mark Division is a division of the $2.3 billion Avnet Computer Marketing Group of Avnet, Inc. (NYSE: AVT - news), a global distributor of electronic components and computer products and services from leading manufacturers. Avnet is a Fortune 500 company with annual sales exceeding $11.7 billion. For more information about the Hall-Mark Division, please visit its Web site at http://www.hallmark.avnet.com.

TRADEMARKS: StorageTek is a registered trademark of Storage Technology Corp. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.

VERITAS, VERITAS SOFTWARE, the VERITAS logo, Business Without Interruption, VERITAS The Data Availability Company and all other VERITAS product names mentioned herein are trademarks or registered trademarks of VERITAS Software Corporation in the US and/or other countries.

SOURCE: StorageTek

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McDATA Selects the Oracle(R) E-Business Suite to Manage Global Operations
REDWOOD SHORES, Calif., April 2 /PRNewswire/ -- (http://www.oracle.com/tellmemore/?635888) Oracle Corp. (Nasdaq: ORCL - news), the largest provider of software for e-business, today announced that McDATA (Nasdaq: MCDT; MCDTA), a global leader in open storage networking solutions, is implementing the Oracle E-Business Suite to centrally manage its multi-currency and multi-organizational operations. Implementing the Oracle E-Business Suite will provide an integrated solution that will allow McDATA to analyze its multi-national business operations from a single source of data and will automate the entire business flow, from building the product with engineering, to adjusting product specifications through work in process, and managing credit and collections with financials.

McDATA, now with over 600 employees, is gearing for exponential growth and selected the Oracle E-Business Suite to unite all e-business processes, and to speed up business processes globally. McDATA`s research, based on a comparison of leading enterprise software providers, indicated that implementing Oracle`s entire suite of applications would provide the most cost effective and flexible solution as it continues its fast paced growth.

``McDATA`s growing operations in Europe, Asia and the U.S. can only be met with a flexible open system like Oracle`s E-Business Suite,`` said Don Wenninger, CIO of McDATA Corp. ``I`ve learned from experience that integration is key. You can buy all of these best of breed applications, but integration is a very costly and a time consuming task.``

As a result, McDATA is implementing a full suite of applications, including financials, discreet manufacturing, human resources, sales, service, field service, and incentive compensation.

``The Oracle E-Business Suite offers integration points, embedded workflow, and a suite of applications with seamless integration that will allow McDATA to operate more efficiently and have a more complete understanding of its customers,`` said Wenninger.

The Oracle E-Business Suite

The Oracle E-Business Suite is the first in the industry that supports all key business functions across the extended enterprise. It enables companies to automate the customer life cycle, from marketing and sales through order processing, fulfillment and customer service.

About Oracle

Oracle Corporation provides the software that powers the Internet. For more information, please call 650-506-7000.

Trademarks

Oracle is a registered trademark of Oracle Corporation. Other names may be trademarks of their respective owners.

SOURCE: Oracle Corp.

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McDATA`s Elite Partner Program Continues Success in Offering Businesses Optimal Enterprise Storage Solutions
BROOMFIELD, Colo., April 3 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, announced today that its Elite Partner Program(TM) continues to lead the industry in offering businesses a one-stop-shop that provides a combination of training, technical, sales and marketing resources tailored to effectively implement storage area networks (SANs).

McDATA extensively pre-tests SAN solutions to deliver comprehensive tools, methodologies and the support essential to robust SAN implementations. McDATA works with both technology and application experts to provide Elite Solutions Partners with optimal enterprise SAN solutions with exceptional high availability, scalability, interoperability, manageability and performance.

``For close to two years, McDATA has hand-picked a select group of storage solution providers for its Elite Partner Program, which is designed to help develop and empower SAN professional services organizations,`` said Marty Sos, director of Worldwide Channels and OEM Sales at McDATA. ``International Data Corporation (IDC) projects the Fibre Channel hub and switch market to reach $2.8 billion by 2003. The Elite Partner Program provides hands-on application of SAN tools, deployment strategies and techniques` which prepares partners for selling, implementing and supporting SANs in this rapidly growing market.``

Partners also receive access to complete Fibre Channel SAN connectivity solutions and assurance that solutions were tested for interoperability using McDATA`s Systems Integration Lab demonstrations. Interoperability pre-testing also helps IT professionals to better estimate and control the costs of deploying SAN products and allows them to focus on assisting their internal business partners by spending less time on assessing, qualifying and managing SAN technology-related issues, such as interoperability.

``Our goal is to ensure that our Elite Partners are not only as skilled in the enterprise storage arena as we are, but also have access to all of the right marketing and technical resources necessary to effectively implement McDATA solutions,`` continued Sos. ``Our partners see us as a critical step in getting their products to market in a predictable, cost-effective way that results in a complete, highly available solution that customers can rely on. McDATA`s Elite Partner Program continues to garner partners who are seeking a defined growth path for developing strong SAN practices.``

Other Elite Partner Program benefits include educational services and train-the-trainer classes, cooperative marketing activities and joint sales initiatives, use of McDATA`s Executive Briefing Center and McDATA`s customer service and technical support For more information and qualification requirements, please contact McDATA sales at 1-800-545-5773, option 3.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise- to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward- looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

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Data Systems International Partners With McDATA to Resell Fibre Channel Connectivity Products
BROOMFIELD, Colo. and OVERLAND PARK, Kan., April 4 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, announced today that Data Systems International (DSI) will resell McDATA`s complete enterprise-to-edge line of Fibre Channel connectivity products, expanding the scope of both DSI and McDATA`s global customer base while providing customers full-service, integrated, enterprise-wide storage area networking (SAN) solutions.

``McDATA is in a class by itself in the SAN industry,`` said Walt Meister, manager of Storage Solutions at DSI. ``Their expertise and professionalism fits well with DSI`s philosophy of providing the client a total solution. The client can be assured that the solution proposed is correct and will satisfy their business needs.``

DSI is an innovative business and technology solutions partner serving more than 1,800 clients worldwide. Combining technical skills, extensive industry knowledge and more than 20 years of consulting experience, DSI develops and implements customized solutions through enterprise management services, wireless applications, networked strategies, e-Business and technology infrastructure.

As part of the reseller agreement, DSI becomes an enterprise SAN integrator in McDATA`s Elite Solutions Partner(TM) program to deliver comprehensive, open systems, interoperable SAN solutions.

``We`re pleased to work with DSI in offering clients a full range of McDATA`s department and director-class products,`` said Marty Sos, director of Worldwide Channels and OEM Sales at McDATA. ``DSI is a recognized expert in the development, implementation and support of enterprise-class storage area networks. They provide highly scalable SAN solutions to solve their customers` tactical and long-term strategic requirements. As an Elite Partner, DSI can take advantage of McDATA`s OpenReady(TM) resources, and confidently deliver fully tested, open systems SAN solutions to their customers who have heterogeneous connectivity requirements.``

McDATA provides Elite Partners with a comprehensive support program to deliver world-class SAN solutions and services. These include market-leading products, industry leading training programs and world-class engineering, sales and services support.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

About DSI

Data Systems International, Inc. (DSI) is an innovative business and technology solutions partner serving clients worldwide. Combining technical skills, extensive industry connections, and more than 20 years of consulting experience, DSI builds customized client solutions through enterprise management services, wireless applications, networked strategies, e-Business and technology infrastructure. Quality solutions with measurable results define the value that DSI delivers to clients.

Founded in 1979, DSI serves its clients from locations in North America, the United Kingdom and Australia, and through a network of business partners in Europe, Asia and South America. For more information, visit DSI`s Web site at www.DSIonline.com.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

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McDATA and VERITAS Software Partner to Simplify Storage Area Networking Management
Cost-Effective, Pre-Configured Serverless Appliance Now Available For Easy Backup of Mission-Critical Data
BROOMFIELD, Colo., April 6 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, today announced it is working with VERITAS Software Corporation (Nasdaq: VRTS - news) to make available a pre-configured, completely interoperable serverless backup infrastructure appliance that enables end-users to operate a storage area network (SAN) back-up environment easily, quickly and cost-effectively.

The pre-qualified platform is designed for new SAN enterprise backup environments where customers seek to implement the latest in storage networking backup technology and leverages McDATA`s ED-5000 Director, ES-3032 and ES-3016 department switches, ES-1000 loop switches, host bus adapters (HBAs) and routers and VERITAS` NetBackup(TM) 4.0V software. VERITAS NetBackup is the leading data protection software solution for all sizes of heterogeneous, enterprise environments. The VERITAS NetBackup ServerFree Agent works with VERITAS NetBackup to provide serverless backup technology for large enterprise and data center applications that can afford absolutely no downtime or loss of performance while protecting their data. Working in conjunction with the software, McDATA`s appliances are configured and qualified to process large data backup requirements specific to a customer`s storage and backup needs. Tested through McDATA`s OpenReady(TM) solutions process, supported by both McDATA and VERITAS Software, the pre-configured appliance empowers end-users with the ability to take advantage of serverless backup technology while freeing up the resources of the LAN or production hosts, eliminating any concerns with interoperability, configurations and set-up required to back up vital data.

``The collaboration between McDATA and VERITAS Software is designed to eliminate the guesswork and reduce the overall risk associated with deploying SAN technology,`` said Jeff Vogel, vice president of Solutions and Systems Integration Services at McDATA. ``As a result, customers achieve a much faster return on their investment by cutting the time it takes to get the application online. Additionally, customers get the added benefit of knowing that the solution is based on an open and standards based approach.``

``The VERITAS NetBackup ServerFree Agent, part of our VERITAS VERTEX(TM) Initiative to provide advanced data protection solutions across the enterprise, is designed to work with the hardware of key SAN appliance providers such as McDATA,`` said Neal Ater, senior vice president, Data Protection Group, VERITAS Software. ``Integrating McDATA`s appliances with the advanced serverless backup technology of VERITAS Software allows companies to deploy and protect their SAN environments, while maintaining the highest levels of performance and reliability.

``A serverless backup appliance is the most logical evolution of the LAN-free solution,`` continued Vogel. ``McDATA is committed to providing solutions targeted at problems within the data infrastructure that are tested and qualified in our Systems Integration Lab. Working with VERITAS Software in deploying open storage networking solutions further solidifies our commitment to interoperable, supportable, proven solutions that customers can rely on.``

McDATA will conduct demonstrations of this solution at the Storage Networking World conference and expo, booth G3, on Monday, April 9 from 5-8 p.m. PST and on Tuesday, April 10 from noon to 1:30 p.m. PDT at the Desert Springs Marriott Resort and Spa in Palm Desert, Calif.

For more information about McDATA`s serverless backup appliance offerings, contact McDATA sales at 1-800-545-5773.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

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McDATA Unveils New Galaxy-Class SAN Director Defining the Ultimate Enterprise-to-Edge SAN Platform
The Industry`s Only Single-Stage 64-port Director Represents the Fifth Generation of McDATA`s World-Class Backbone Architecture
BROOMFIELD, Colo., April 9 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, announced today the release of its newest enterprise-class Fibre Channel Galaxy-Class Director, the ED-6064. Positioned as the essential SAN building block for the future, McDATA`s ED-6064 represents the foundation for the company`s enterprise-to-edge SAN platform. With business needs evolving on a daily basis and data exploding exponentially, the new Director fulfills the market need for flawless reliability and uninterrupted network availability to critical information. The ED-6064 Director is a SAN backbone that offers scalability, flexibility and provides guaranteed 99.999 percent data availability (less than five minutes of downtime each year).

McDATA`s fifth generation Director product, the ED-6064 Galaxy-Class Director, provides a compelling combination of performance, high availability, non-blocking, protocol-independent architecture, unrivaled security, speed and extensibility. As the SAN industry`s only single stage 64-port Director, the ED-6064 provides customers with unprecedented access to their data coupled with unparalleled centralized management from McDATA`s Enterprise Fabric Connectivity (EFC) manager software. The result is a SAN solution that is easy to deploy and manage across an entire enterprise.

``With our new ED-6064 McDATA has raised the bar for our industry again,`` said Jack McDonnell, CEO. ``McDATA invented the Director class. Today we`ve introduced the Galaxy-Class Director that defines the basis SAN platforms are built upon. The ED-6064 is the core of McDATA`s advanced SAN architecture and delivers a previously unobtainable level of flexibility. When our customers consolidate their servers and storage they also consolidate their access -- the ED-6064 Director provides bullet-proof access and allows for a truly complete, open SAN.``

``Large users desire scalable, manageable and available director class switches for their SAN backbones,`` said Carl Greiner, Vice President and Service Director, Enterprise Data Center Strategies at META Group. ``Fewer is always better and easier to manage.``

The ED-6064 Director scales to large fabrics without compromising performance or available ports. With up to 2.5 gigabytes of protocol independent switching bandwidth per path, McDATA Directors are capable of supporting next generation technologies and protocols. This provides customers with a high degree of investment protection well into the future of storage area networking.

``Implementing McDATA`s ED-6064 Director into the eOnline SAN environment provides us with a higher port density and lower price per port that makes it a highly desirable footprint for our business,`` said Bill Augustadt, Chief Architect, eOnline Inc. ``eOnline has earned a long list of satisfied customers by providing real economic value through dependable, secure, high performance and guaranteed solutions. Having a more efficient SAN internally helps us to continue providing unparalleled attention to the customer.``

``Our customers look to EMC to deliver the world`s most flexible, scalable and open storage networking solutions available,`` said Don Swatik, EMC`s Vice President of Global Alliances. ``McDATA`s advanced SAN architecture demonstrates the critical role connectivity plays in a true core-to-edge networked storage approach and in delivering value to the customer.``

``Hewlett Packard has incorporated the best-of-breed components into its SAN product offerings, which are considered by many experts to be the most comprehensive, open portfolio in the industry,`` said Don Kleinschnitz, General Manager of Storage Network Solutions at Hewlett-Packard. ``We`re excited to offer Hewlett-Packard`s Surestore Director FC-64, based on the McDATA ED-6064 Director, which allows us to better offer our customers performance and value that`s greater than the sum of the individual parts in an enterprise-class storage solution.``

``IBM is committed to open industry standards and interoperability that is required to implement IBM Enterprise Storage Area Networks,`` said Barry Rudolph, IBM Vice President, Disk Storage and Storage Area Networking. ``The McDATA ED-6064 Director provides exciting new opportunities for our customers who plan to integrate their departmental and data center SANs into an enterprise-wide SAN infrastructure under a common management system.``

``Having seen the proven reliability of McDATA`s original Director products for enterprise-wide SANs, Hitachi Data Systems is planning to offer McDATA`s new Director,`` said Marlene Woodworth, Vice President, Enterprise Product and Solutions, Hitachi Data Systems. ``The proven track record of McDATA, the tested reliability of the Director and the flexibility of the new ED-6064 all factored into our decision to resell the new Director and continue our successful relationship with McDATA.``

The ED-6064 Galaxy-Class Director features hot-plug redundant power supplies, hot-plug redundant fans, hot-plug optics, hot-plug redundant processors (CTP), hot-plug redundant single stage switching modules (SBAR) and hot-plug port modules (FPM). It also offers on-line diagnostics, on-line non-disruptive firmware load, activation and fault isolation tools for network-wide activity and hot code activation technology.

``McDATA`s top European partner for system integration, COMPAREX, will utilize the new Director in the building of large fabric SANs,`` according to Rupert Auer, Business Development Manager Enterprise Storage, COMPAREX. ``McDATA`s architecture is unique and its reliability is proven. Together with its redundancy and the guarantee of virtually no down time we will incorporate the new ED-6064 Director for our SAN clients in Europe with great confidence.``

``Greater port count with McDATA reliability makes the new ED-6064 Director an exceptional offering as we continue to develop optimal SANs for our end-users,`` said Phil Sauvageau, Vice President Storage, MSI (Omaha, Neb.). ``We see the potential for large fabric development utilizing the new Director as a great advantage of a this new product.``

``McDATA clearly provides the best-in-class Director products offering our customers the highest level of availability and scalability,`` said John Flores, Director of Marketing, Sirius, IBM`s top SAN reseller. ``Our customers know we offer them the best-in-class products when we provide McDATA`s product line. The scalability of McDATA`s newest Director is key. We will be able to utilize it to build large fabric SANs without clustering numerous fabric switches of lower port count.``

The addition of the ED-6064 Galaxy-Class Director increases the SAN solutions and comprehensive family of products that are offered by McDATA and include its ED-5000 Director, the recently announced 32-port ES-3032 Fabric Switch, the ES-3016 Fabric Switch released last year, the ES-1000 Fabric Switch for work group level SANs and its management software and solutions. All McDATA products are tested for reliability and interoperability in its multi-million dollar Systems Integration Lab (SIL).

The ED-6064 Galaxy-Class Director will be available in limited quantities beginning in April 2001 from all authorized McDATA Elite Solutions Partners and OEM partners. For a complete list of McDATA resellers, please visit http://www.mcdata.com/partners/elite/current/index.html.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT/MCDTA) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise- to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward- looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

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Hewlett-Packard to Offer McDATA`s New Director Product for SAN Solutions
BROOMFIELD, Colo., April 9 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, announced today an agreement with Hewlett-Packard Company (NYSE: HWP - news), a leading global provider of computing and imaging solutions and services, that enables Hewlett-Packard to sell and distribute McDATA`s new storage area network (SAN) enterprise backbone product, the ED-6064 Director, which was announced today, April 9, 2001, at the Storage Networking World conference in Palm Desert, Calif.

Hewlett-Packard will distribute the ED-6064 Director worldwide under the Hewlett-Packard SureStore brand, which will also feature McDATA`s enterprise- to-edge line of channel switch products including the ES-3016 Switch and McDATA`s also recently announced ES-3032 Switch. The Hewlett-Packard OEM partnership was developed after thorough testing to validate McDATA`s technical superiority in scaling applications for large SAN deployments, consolidating SAN islands, and managing large fabrics through McDATA`s Enterprise Fibre Channel Management software integration into Hewlett-Packard OpenView Storage Node Manager.

``Hewlett-Packard chose McDATA`s ED-6064 Director after exhaustive vendor comparison because we felt McDATA`s backbone deployments are creating industry-defining standards for core SAN switching requirements,`` said Don Kleinshnitz, general manager of Storage Network Solutions at Hewlett- Packard. ``Our goal in reselling McDATA`s Director as the Hewlett-Packard Surestore Director FC-64 is to enable our customers to build very scalable and resilient fibre channel networks to meet their increasing storage requirements and business needs.``

Extensive application testing on the new director product was conducted in McDATA`s Systems Integration Lab before announcing the ED-6064 to the market. This testing will help ensure the smooth implementation and functionality of heterogeneous SAN environments and solutions for Hewlett-Packard customers.

``We are very pleased to work with Hewlett-Packard, now the third largest external storage provider for open systems, to leverage McDATA`s next-generation Director product and enterprise-to-edge SAN solutions with Hewlett-Packard`s reputation for quality and marketing savvy,`` said Jack McDonnell, Chairman, President and CEO of McDATA. ``Our OEM agreement is a testimonial to both companies` commitment to customer satisfaction.``

Hewlett-Packard`s SureStore products will be sold through both direct and indirect channels beginning the end of April 2002 as the Hewlett-Packard and McDATA relationship continues to develop through a two-year OEM contract period.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise- to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

About Hewlett-Packard Company

Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services -- is focused on making technology and its benefits accessible to individuals and businesses through simple appliances, useful e-services and solutions for an Internet infrastructure that`s always on. HP had total revenue from continuing operations of $48.8 billion in its 2000 fiscal year. Information about HP and its products can be found on the World Wide Web at http://www.hp.com.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward- looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

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Brocade Announces High-End Computer Storage Switch

SAN FRANCISCO (Reuters) - Brocade Communications Systems Inc. (NasdaqNM:BRCD - news) on Monday unveiled a high-end data switch for storage networks, pitting the company against a smaller rival and potential upstarts in the market for next-generation networking speed.

Storage networks are one of the fastest-growing classes of corporate technology spending and switches are the links that tie the systems together, so that a disk drive can talk to a tape backup system, for instance.

Brocade, which controls over 90 percent of the market for mid-range switches, said it would launch the new product, a high-end switch that can connect more devices and so sits at the center of a network, in the fourth quarter of this year.

``Partner qualification will start in the summer, and we think it will wrap up by calendar Q4,`` said Jay Kidd, vice-president of product marketing, in a Webcast.

Chief Executive Greg Reyes said it was unclear what systems makers would buy the new switch, but Compaq Computer Corp. (NYSE:CPQ - news), for one, had indicated interest.

The new SilkWorm 12000 switch will run at up to 2 gigabits per second, twice the speed of Brocade`s current products, and will not be limited to the Fibre Channel protocol, unlike other Brocade offerings, the company said.

That high-end range is dominated by McData Corp. (NasdaqNM:MCDT - news) and its Director-class switches.

The early product announcement, up to nine months before the shipping, reflected the pressure on Brocade to expand its product line into the higher end of the market and to support a number of different communication protocols, said analyst Steve Duplessie of research firm Enterprise Storage Group.

``It`s huge,`` Duplessie said. ``They (have been) getting murdered in the press and in public perception by being Fibre Channel bigots and not having a Director. Traditionally a company wouldn`t be announcing nine months early, because a heck of a lot of things can go wrong.``

The Director class was 85 percent controlled by McData, which had just under $250 million in sales last year, but a number of venture capitalists were funding new ventures targeting that market niche, he said.

``Brocade just took the wind out of a lot of people`s sails,`` he said.

Brocade sales were $165 million in the latest quarter, ending Jan. 27, and had been $329 million for the previous fiscal year.

Brocade shares closed off 69 cents, or 3.2 percent, to $20.88 on Nasdaq. The stock has lost 77 percent since the start of the year.

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McDATA Corporation Holds First Quarter Conference Call
BROOMFIELD, Colo., April 17 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, will release financial results for the first quarter 2001 after the close of the market on Thursday, April 19, 2001.
ADVERTISEMENT



A conference call to discuss the first quarter 2001 results, led by McDATA CEO and President Jack McDonnell, will begin at 5:30 p.m. EDT (4:30 Central; 3:30 p.m. MDT; 2:30 PDT). Those wishing to participate may listen via phone or audio Web cast. To participate via phone, please call [phone]. Participants should call at least five minutes before the start time of the call. To assist McDATA in planning for the call, participants are asked to register by e-mailing name and contact information to [e-mail].

The Web cast will be available simultaneously to the conference call at www.mcdata.com, and will also be available through an archive on the site for 30 days following the live call.

A news release detailing the Q1 2001 financial results will be available via PR Newswire and on McDATA`s Web site immediately preceding the conference call.

Audio replays of the conference call will be available beginning at 8:00 p.m. EDT, April 19, 2001, continuing through April 26, 2001, by dialing [phone] domestically, or [phone] for international callers, reference code 566074.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For further information please contact investors, Lenny Parrnelli, 303-460-4201, [e-mail], or media, Kathleen Sullivan, 303-460-4435, cell, 720-480-5501, [e-mail], or Mary Ehlert, 303-831-7692, cell, 303-669-7756, [e-mail], all for McDATA Corporation.

SOURCE: McDATA Corporation

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HiTRON and McDATA Partner to Provide Enterprise-Level SAN Solutions To Korean Market
McDATA Expands Global Presence With First Elite Partner in Korea
BROOMFIELD, Colo. and SEOUL, South Korea, April 25 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, announced today that it has partnered with HiTRON Systems to resell McDATA`s complete enterprise-to-edge line of storage area network (SAN) products within the Korean market beginning immediately. The partnership expands the scope of McDATA`s global customer base, while providing customers within the Republic of Korea full-service, integrated, enterprise-wide SAN solutions.

``The agreement with McDATA, the worldwide leader in the SAN market, is significant to HiTRON,`` said Mr. Y.D. Choi, CEO of HiTRON. ``As HiTRON`s aggressive business development team continues to grow, this partnership will allow us to maintain superior positioning in the Korean SAN integration market by providing McDATA`s market leading products, software and services for our customers.``

As part of the agreement, HiTRON becomes McDATA`s first Korean enterprise SAN integrator in its Elite Partner Program. McDATA provides its Elite Partners with a comprehensive support program to deliver world-class SAN solutions and services. These include market leading products, industry leading training programs, and world-class engineering, sales and services support.

HiTRON`s IT Business Division extends its business scope from security integration to multimedia and the Internet and offers a total solution, from design to implementation, based on Unix/NT/Linux platform.

``McDATA is committed to substantial SAN adoption and installation growth on an international scope. We`re excited to work with HiTRON to offer the Korean market a full range of McDATA`s enterprise SAN products,`` said Bunji Kawanshi, regional sales manager Asia Pacific, McDATA. ``One of the most important systems integrators and distributors in the Korean market, HiTRON has an aggressive business development team and is a leader at solving their customers` strategic and long-term technical plans. McDATA`s first Elite Partner in Korea, we look forward to working with HiTRON in implementing substantial SAN growth outside of the U.S.``

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in late 2000 and early 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners.


MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X38818059

SOURCE: McDATA Corporation

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Tivoli® , McDATA Offer LAN-Free Backup Solution
Tested, Proven, Fully-Interoperable Solution Lowers End-User Administration Costs
INTERNET WIRE -- Tivoli Systems Inc., an IBM (NYSE: IBM - news) company and McDATA® Corporation (Nasdaq: MCDT/MCDTA), a global leader in open storage networking solutions, today announced a worry-free LAN-free enterprise-to-edge storage solution, based on Tivoli`s highly reliable Tivoli Storage Manager (TSM) software and McDATA`s family of industry leading directors and switches.
Undergoing a thorough Tivoli and McDATA testing program that included the Tivoli Ready(TM) program and McDATA`s OpenReady(TM) solutions process, the pre-configured appliance empowers end-users to take advantage of LAN-Free backup technology, freeing up LAN resources and eliminating interoperability, set up and configuration concerns that arise when considering new solutions.

The combination of the industry leading attributes of Tivoli Storage Manager with McDATA`s complete portfolio of products, gives end users the ability to select from several pre-configured bundles based upon the amount of data to be backed up, their availability requirements, and their overall data networking infrastructure plans.

"With McDATA`s Systems Integration Lab joining in this effort with our own integration labs, the testing behind this solution represents the industry`s most advanced system integration," said Paul Ellis, director of storage marketing, Tivoli Enterprise Management Solutions. "As a result, we are now able to offer a highly reliable, highly scalable and highly interoperable solution that allows for quick, easy and cost effective storage backup."

The pre-configured platform is designed to scale a full range of SAN enterprise backup environments and needs. Users have the ability to implement the latest in storage networking backup technology and the flexibility to leverage McDATA`s ED-6064 and ED-5000 Directors, ES-3032 and ES 3016 department switches, ES-1000 loop switches, host bus adapters (HBAs) and routers with Tivoli`s TSM software.

"McDATA and Tivoli have produced a powerful worry-free solution that allows companies to overcome the roadblocks that have kept them from taking advantage of SAN business benefits," said Dave Stone, executive vice president of Solutions II, a McDATA and Tivoli/IBM channel partner. "This pre-configured LAN-free storage solution empowers customers with the strength of Tivoli and McDATA behind them. They can be confident, knowing they have a solid single point of service and support."

Tivoli and McDATA will offer more detailed discussions on the solution as part of Planet Tivoli`s "Managed e-business Infrastructure - Examples and Building Blocks" track at the Moscone Center May 1-4, 2001 in San Francisco, CA. Live demonstrations of the solution will also be available Planet Tivoli`s SAN City, also May 1-4.

For more information about Tivoli Storage Managers, contact Tivoli at 1-800-2Tivoli. For more information about McDATA`s backup appliance offerings, contact McDATA sales at 1-800-545-5773.

IBM, Tivoli, and Tivoli Ready are trademarks or registered trademarks of International Business Machines Corporation or Tivoli Systems Inc. in the United States, other countries, or both. Other company, product, and service names may be the trademarks or service marks of others.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners.

About Tivoli Systems Inc.

As an integral part of the comprehensive IBM e-business infrastructure solution, Tivoli technology management software helps traditional enterprises, emerging e-businesses, and Internet businesses worldwide maximize their existing and future technology investments. Backed by world-class IBM services, support and research, Tivoli software provides a seamlessly integrated, flexible and secure e-business infrastructure management solution that connects employees, partners and customers. Headquartered in Austin, Texas, Tivoli is an IBM (NYSE: IBM - news) company. For more information, visit www.tivoli.com.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT/MCDTA) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation. Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation, IBM and other partners or a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Tivoli Systems Inc - 9422 Capital of Texas Hwy N - Austin, TX 78759 - Phone [phone] - www.tivoli.com

McDATA® Corporation - 310 Interlocken Parkway - Broomfield, CO 80021 - 303-460-9200 - www.mcdata.com



--------------------------------------------------------------------------------
Contact:

James Driscoll
Tivoli Systems Inc
512-297-3956
[e-mail]

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McDATA Announces First Truly Multi-Vendor Switch Interoperable SAN Solutions
Multi-Vendor Interoperability Enables Storage Administrators to Build to And Manage Heterogeneous Enterprise-to-Edge SAN Solution
BROOMFIELD, Colo., May 8 /PRNewswire/ -- In its ongoing commitment to open storage networking McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news) today announced a storage network solution that provides for expanded interoperability across the industry`s leading switch vendors and the first release of open code for multi-vendor interoperability. The McDATA solution, available today, provides storage administrators, struggling with growing storage needs, the first cost- effective migration path to high availability enterprise-to-edge SAN solutions.

Developed with EMC, the initial implementation of the new solution -- also referred to as ``E-Port`` interoperability -- provides network storage solutions that have been qualified and tested to ensure seamless interoperability between McDATA directors and compliant Fibre Channel devices and software. With the implementation, McDATA`s Director-class products are the first to be interoperable with 90 percent of the current installed base of fabric switches -- 600,000 fabric switch ports worldwide.

E-Port interoperability allows customers expanded choice when implementing SAN solutions. McDATA`s entire line of enterprise-to-edge director and switch products can be integrated into an existing SAN environment and can easily be migrated with new products. Customers can efficiently consolidate existing islands of SANs into a heterogeneous SAN, with McDATA Galaxy-class Directors, the result is an environment that can be centrally managed, accessed and scaled. Customers can deploy the solution today and expand as their needs evolve in an environment that is truly interoperable.

``McDATA`s announcement of E-Port compatibility with other switch vendors affirms their commitment to interoperability,`` said Edward J. Peters, Supervisor, Mainserver Support, City of Calgary, Canada. ``This announcement affords customers a choice when implementing McDATA Director-class switches into their SAN.``

Based on current FC-SW-2 (Fibre Channel Standards Working Group), McDATA`s interoperable SAN solution allows users to leverage their existing FC-SW-2 compliant switches, hardware and software with McDATA`s complete enterprise- to-edge storage networking family of products. Users can now protect their investment while extending their choice of vendors resulting in greater scalability and flexibility than before in a single managed environment.

``Providing true `E-Port` interoperability of switches from the leading vendors minimizes the vulnerability of the perceived Achilles` heel of Fibre Channel as the SAN enabling technology of choice,`` asserts James Opfer, principal analyst for Gartner Dataquest. ``Switch interoperability raises the bar for challenges to Fibre Channel`s incumbency by emerging storage network technologies whose own interoperability is yet unproven.``

``This is a critical breakthrough in McDATA`s ongoing dedication to establishing open systems in storage area networking. Customers today are hitting the wall in scaling their SANs beyond simple SAN islands, with `E- Port` interoperability customers can now deploy Director-class products to build heterogeneous SAN solutions,`` said Jeff Vogel, Vice President of Solutions and Systems Integration Services, McDATA. McDATA is committed to solving customer problems. This solution gives flexibility to the customer -- allowing for legacy upgrades to complete SAN solutions.``

McDATA`s Enterprise Operating System (E/OS(TM)) embedded firmware, key to the interoperability solution, also makes its debut. The solution allows for inter-switch communication between products based on E/OS and FC-SW-2 compliant switches. Coupled with McDATA`s Enterprise Fabric Connectivity (EFC) management platform it allows storage administrators to set up and configure enterprise-to-edge SANs from a single, central interface and supports the capability to inter-operate with other switch vendors. This enables better manageability for storage area networks through EFCM and integration with other fabric centric management tools. All of McDATA`s client server interoperability solutions are supported by McDATA`s professional services and are thoroughly tested in McDATA`s Systems Integration Lab (SIL) ensuring interoperability.

``This is a critical solution for any storage administrator who has struggled to stay within budget and at the same time keep up with growing storage needs,`` said Jim Rothnie, EMC Senior Vice President and Chief Technology Officer. ``By working with McDATA to develop a solution that allows McDATA Director and switch-class products to have seamless interoperability with other vendors` switches and software we are giving customers a clear path to migrate their existing switch base to a world class enterprise-to-edge solution.``

The supported solutions are available now through EMC. Future open system interoperability solutions are planned for availability through McDATA`s OEM/reseller partner, IBM.

``This is just one milestone of many in McDATA`s efforts to drive the open system fibre initiatives and interoperability,`` Vogel said. ``Customers managing their SAN infrastructure with the EFC Manager are strongly positioned to take advantage of new software initiatives we have planned.``

For more information on interoperability please contact McDATA sales at 1-800-545-5773.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise- to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in late 2000 and early 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward- looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners.


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SOURCE: McData Corporation

[panik]

EMC to Sell McDATA`s Expanded Family of Products; McDATA Announces Expansion of Relationship With EMC
BROOMFIELD, Colo., May 14 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions, announced today that it has expanded its relationship with EMC Corporation (NYSE: EMC - news), the world leader in information storage. EMC will sell McDATA`s expanded family of products including its fibre-channel directors and fabric switches. EMC will continue to integrate McDATA management software into EMC`s Connectrix Manager.

The expanded relationship enables EMC to sell McDATA`s recently announced Galaxy-Class ED-6064 Director as the EMC Connectrix ED-64M director, which is at the core of the industry`s storage area network infrastructure and offers the highest port count of any non-blocking single stage switching architecture, 99.999% high availability, fail over logic, hot code load and activation and redundant power and cooling throughout. The Galaxy-ClassED- 6064 Director also provides a 200 percent improvement in rack density over competitive products. Under this agreement, EMC will also sell McDATA`s ES-3032 and ES-3016 fabric switches as the EMC Connectrix DS-32M and DS-16M, respectively, which are targeted for the mid-range environment and incorporate many of the high availability features of the director products.

``This expanded relationship allows us to extend McDATA`s family of products across our full line of Symmetrix® and CLARiiON(TM) storage systems,`` said Chuck Hollis, EMC`s senior director of product marketing. ``Incorporating McDATA`s products into our offerings widens EMC`s already substantial lead in networked storage and provides customers additional options as they plan and expand their information storage networks.``

``EMC and McDATA have enjoyed a successful three-year relationship, delivering strategic products central to the networked storage explosion. EMC was the first OEM to market McDATA`s ED-5000 Director -- selling it as the EMC Connectrix ED-1032 -- capitalizing on customer needs for creating highly available and scalable storage networks,`` said Mike Gustafson, McDATA vice president of worldwide sales. ``Now they`re embracing McDATA`s expanded family of products -- another giant step in extending our long standing relationship well into the future of storage.``

McDATA`s current family of products and software include the ED-6064 Galaxy-Class Director, the ED-5000 Director, that established the core storage networking backbone in more than 50 percent of the Fortune 100 companies, the ES-3032 and ES-3016 Fabric Switches, departmental products that encompasses many of the high availability features found in data center offerings; as well as McDATA`s Enterprise Fabric Connectivity (EFC) Manager, a software solution that enables IT managers to manage all switched components from a single console.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT - news, MCDTA - news) is a global leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in late 2000 and early 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward- looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners.


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SOURCE: McDATA Corporation

[panik]

McDATA Chief Executive Officer, Jack McDonnell, to Speak At Credit Suisse First Boston Conference
BROOMFIELD, Colo., May 14 /PRNewswire/ -- Jack McDonnell, CEO and chairman of McDATA® Corporation (Nasdaq: MCDT; MCDTA), a global leader in open storage networking solutions, will speak at the Credit Suisse First Boston Communications Technology 2001 Conference on Tuesday, May 15, at 11 a.m. PDT. The conference is Jan. 14-17, 2001 at the Arizona Biltmore Resort and Spa, Phoenix, Ariz.

McDonnell, who has led McDATA throughout its 18-year history, will discuss the SAN market and growth strategies for McDATA in addition to the future of the storage networking business.

The audio portion of the presentation can be accessed at http://comms2001.csfbconferences.com.

About Jack McDonnell

Jack McDonnell is the chairman, CEO and president of McDATA (Nasdaq: MCDT; MCDTA), a global leader in open network storage that provides highly available and scalable centrally managed solutions to address enterprise-wide storage problems. McDonnell, a co-founder of the company, is responsible for the company`s overall strategic direction. He has served as CEO and president of McDATA since its inception in 1982, and was appointed chairman of the Board of Directors in 1998. McDonnell has more that 31 years of experience in the data communications field, including 26 years in corporate and technical management and 5 years in corporate management and engineering positions at Storage Technology Corporation and Computer Communications, Inc. McDonnell attended California State University, Long Beach, Calif.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDT; MCDTA) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in late 2000 and early 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes``, ``belief``, ``expects``, ``plans``, ``objectives``, ``anticipates``, ``intends``, ``targets``, or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners.


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SOURCE: McDATA Corporation

[panik]

SANavigator and McDATA Extend Partnership to Broaden Reach of SAN Management Tools
SAN JOSE, Calif., May 15 /PRNewswire/ -- SANavigator Inc., a technology leader in powerful, heterogeneous SAN management software, announced today that McDATA® Corporation (Nasdaq: MCDT - news, MCDTA - news), a global leader in open storage networking solutions will include SANavigator(TM) SAN management software in the McDATA line of switches. McDATA will ship SANavigator 2.0 software with its Enterprise Fabric Connectivity (EFC) Manager software that ships with McDATA enterprise-class directors used to connect high-performance storage devices.

(Photo: http://www.newscom.com/cgi-bin/prnh/20010327/SANLOGO )
This announcement marks the latest move by SANavigator Inc. to ensure widespread support among the industry`s leading SAN hardware and software vendors so that their products will interoperate with SANavigator, providing end users with seamless, simple and powerful administration of storage networks.

``We`re pleased with the flexibility of the SANavigator SAN management software,`` said Chris Allo, Director of Software Product Marketing at McDATA. ``The opportunity to use SANavigator to monitor McDATA switches and directors, as well as storage and server devices in a storage network, greatly expands the management applications available to our customers.``

``SANavigator is emerging as the software of choice for the SAN industry,`` said Steve Hindman, Senior Software Product Manager of SANavigator. ``McDATA is an excellent choice to help us deliver the benefits of SANavigator software to a broad spectrum of customers. We are excited at this opportunity to work with McDATA in expanding the opportunities for both companies.``

SANavigator is the first true platform- and device-independent SAN management application, as well as the first comprehensive solution that supports the Storage Network Industry Association (SNIA) Host Bus Adapter (HBA) API for in-band discovery. In addition to using this feature to provide key management information not available with other applications, Version 2.0 supports integrated planning and analysis, performance monitoring, provides additional integration features for management frameworks and offers an option for support of a variety of languages.

SANavigator`s latest version, 2.0, like earlier versions of this acclaimed program, is a Java-based storage management application that operates as a host for other storage management applications, utilities and tools from major storage vendors. SANavigator includes an Auto Discovery feature that performs a complete inventory of all SAN resources. The SANmap(TM) component of the SANavigator software presents an intuitive visual map of the SAN showing all devices and their interconnections. It allows an administrator to establish new data path zoning, create redundant paths and perform other management routines, completing with just a few mouse clicks a process that previously took several hours. Along with comprehensive SAN management across all major operating systems, SANavigator 2.0 offers both out-of-band and in-band discovery, and support for remote SAN monitoring via wirelessly connected Palm OS handhelds.

SANavigator 2.0 is the only comprehensive SAN management application to support all Microsoft Windows platforms (98, NT, and 2000) in addition to Solaris, Linux, HP Unix and Palm OS. SANavigator Version 2.0 is fully interoperable with other storage management applications and can be utilized to launch operations such as serverless backup using third-party backup software.

By supporting the SNIA standard as part of the Auto Discovery process, SANavigator software provides valuable information on Host Bus Adapters and attached devices. It provides, for example, LUN (Logical Unit Number) level information on RAID arrays, and the firmware version of SAN devices. Version 2.0 can also provide environmental information and other valuable data. Because SANavigator supports agentless in-band discovery for local HBAs and attached SANs, managers can avoid the frustrating task of installing and maintaining agents throughout the network.

About SANavigator Inc.

SANavigator Inc. is a leading supplier of innovative and powerful storage management software. With its expertise in all aspects of storage networking and software design and development, SANavigator Inc. has quickly emerged as the technology leader in SAN management software. The company`s powerful SANavigator management software is platform independent and the only software in its class that offers event notification with an agentless installation option, dynamic XML discovery interface and an easy to use GUI for entry-level through complex SAN environments. It gives the storage network administrator confidence that the network is operating properly and the data is available. For more information on SANavigator, visit the company`s web site at www.sanavigator.com or call [phone].

SANavigator and SANmap are registered trademarks or trademarks of SANavigator Inc., in the U.S. and/or other countries. All other products, brands and company names contained herein may be trademarks of their respective owners.

This press release contains forward-looking statements, including statements relating to SANavigator becoming the software standard for the SAN industry. The forward-looking statements are based on current management expectations, and actual results may differ materially as a result of several factors, including market acceptance of SANavigator, competitive product offerings, continuing product development success, and other factors discussed in recent SEC filings of Western Digital, the parent of SANavigator, Inc. Western Digital undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of such statements.


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SOURCE: SANavigator Inc.

[panik]

McDATA Corporation Adopts Stockholder Rights Plan
BROOMFIELD, Colo., May 18 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA; MCDT), a global leader in open storage networking solutions, announced today that its Board of Directors has adopted a Stockholder Rights Plan designed to deter coercive takeover tactics and to prevent an acquirer from gaining control of the Company without offering a fair price to all of the Company`s stockholders. The Rights Plan provides for the distribution of one Right for each of the Company`s Class A and Class B shares of common stock outstanding on June 5, 2001.

Each Right initially will entitle stockholders to purchase a unit of the Company`s preferred stock at an exercise price of $200.00. In general, if any person acquires shares of the Company`s common stock representing 15 percent or more of the aggregate number of votes entitled to be cast by all shares of the Company`s common stock then outstanding, each Right will become exercisable to purchase shares of the Company`s Class B common stock with a value equal to two times the Right`s exercise price. In addition, after any person acquires the Company`s common stock representing 15 percent or more of the aggregate number of votes entitled to be cast by all shares of the Company`s common stock then outstanding, if the Company is merged out of existence or sells 50 percent or more of its assets or earning power, each Right will become exercisable to purchase common shares of the acquiring corporation with a value equal to two times the Right`s exercise price.

The Rights will expire on June 5, 2011. The adoption of this Rights Plan is not in response to any unsolicited offer or takeover attempt.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA; MCDT) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in late 2000 and early 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners.

SOURCE: McDATA Corporation

[diwa]

@panik

also - danke - mehr kann ich dazu nicht sagen, Du hast da Deinen Solo Thread und noch dazu einen ausgezeichneten.
Kein Gepushe, keine Basher - einfach nur Fakten. Und Mc Data
steigt und steigt, bin schon eine ganze Weile wieder im
Grünen.
Also nochmals Danke.

Regards

DiWa

[panik]

IDC Ranks McDATA as Leader in High Availability Fibre Channel Directors
BROOMFIELD, Colo., May 31 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA - news, MCDT - news), a global leader in open storage networking solutions, today announced its continued dominance in the Director class product market in 2000, according to a report by market research firm IDC. In its 2001 Worldwide Fibre Channel Hub and Switch Market Forecast and Analysis, 1998-2004, IDC reported that McDATA maintained the largest portion of the fastest growing storage area networking segment, with more than 94 percent of the fibre channel Director class switch unit shipments in 2000. The report also found that McDATA owns 91 percent of Director class port shipments, increasing its Director class switch factory revenue in 2000 by 224 percent over previous years` sales.

``As storage needs continue to grow at a very fast pace, we anticipate large sales growth in Director class products over the next three years,`` said Eric Sheppard, research analyst for IDC. ``McDATA`s long-standing investment in sales and development of Directors over the last 10 years helped the company meet those growing storage connectivity needs, and has resulted in the top ranking within the Fibre Channel Director class space.``

According to IDC`s research, Director class switches are expected to be the fastest growing portion of the Fibre Channel hub and switch market. IDC estimates that Director class products will account for more revenue than any other segment of the market by 2004.

``This report makes me even more confident about our decision to use McDATA Directors to manage our storage needs,`` said Dave Bohnenstiehl, manager of systems for St. Luke`s Hospital in St. Louis. ``McDATA is able to give us the high level of availability and security that is necessary in storing and accessing our critical medical data. This equipment will further our commitment to our patients to provide accurate and secure patient information.``

With the ED-5000 and the ED-6064, McDATA`s products have established the core backbone for companies with mission critical information needs. McDATA`s Directors guarantee the highest levels of availability for core-switching infrastructure, offering high port count, non-blocking single stage switching architecture, 99.999 percent high availability, fail over logic, hot code load and activation, and redundant power and cooling throughout.

``With the expansion of our product line, and the ability to be interoperable with other vendors` products, McDATA is well positioned to benefit from the fast growing SAN switch market,`` said Jack McDonnell, McDATA chairman and CEO. ``We are at the forefront of the SAN industry and are poised for significant growth.``

McDATA is the only switch vendor providing a full range of enterprise-to- edge products. McDATA`s current family of switch products, software and services include the Galaxy-class ED-6064 and ED-5000 Directors; the ES-3032 and the ES-3016 Fabric Switches, departmental products that encompass many of the high availability features found in data center offerings; the ES-1000 Loop Switch, an end-to-end switching solution; the Enterprise Fabric Connectivity (EFC) Manager, which enables IT managers to manage all switched components from a single console and proven methodologies for building scalable solutions through its Professional Services group.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA - news, MCDT - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise- to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in late 2000 and early 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward- looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners.

SOURCE: McDATA Corporation

[Guru-Schreck]

Thursday May 31, 8:01 am Eastern Time

Press Release

SOURCE: McDATA Corporation

IDC Ranks McDATA as Leader in High Availability Fibre Channel Directors

BROOMFIELD, Colo., May 31 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA - news, MCDT - news), a global leader in open storage networking solutions, today
announced its continued dominance in the Director class product market in 2000, according to a report by market research firm IDC. In its 2001 Worldwide Fibre Channel Hub and
Switch Market Forecast and Analysis, 1998-2004, IDC reported that McDATA maintained the largest portion of the fastest growing storage area networking segment, with more than
94 percent of the fibre channel Director class switch unit shipments in 2000. The report also found that McDATA owns 91 percent of Director class port shipments, increasing its
Director class switch factory revenue in 2000 by 224 percent over previous years` sales.

``As storage needs continue to grow at a very fast pace, we anticipate large sales growth in Director class products over the next three years,`` said Eric Sheppard, research analyst for
IDC. ``McDATA`s long-standing investment in sales and development of Directors over the last 10 years helped the company meet those growing storage connectivity needs, and has
resulted in the top ranking within the Fibre Channel Director class space.``

According to IDC`s research, Director class switches are expected to be the fastest growing portion of the Fibre Channel hub and switch market. IDC estimates that Director class
products will account for more revenue than any other segment of the market by 2004.

``This report makes me even more confident about our decision to use McDATA Directors to manage our storage needs,`` said Dave Bohnenstiehl, manager of systems for St. Luke`s
Hospital in St. Louis. ``McDATA is able to give us the high level of availability and security that is necessary in storing and accessing our critical medical data. This equipment will further
our commitment to our patients to provide accurate and secure patient information.``

With the ED-5000 and the ED-6064, McDATA`s products have established the core backbone for companies with mission critical information needs. McDATA`s Directors guarantee
the highest levels of availability for core-switching infrastructure, offering high port count, non-blocking single stage switching architecture, 99.999 percent high availability, fail over logic,
hot code load and activation, and redundant power and cooling throughout.

``With the expansion of our product line, and the ability to be interoperable with other vendors` products, McDATA is well positioned to benefit from the fast growing SAN switch
market,`` said Jack McDonnell, McDATA chairman and CEO. ``We are at the forefront of the SAN industry and are poised for significant growth.``

McDATA is the only switch vendor providing a full range of enterprise-to- edge products. McDATA`s current family of switch products, software and services include the Galaxy-class
ED-6064 and ED-5000 Directors; the ES-3032 and the ES-3016 Fabric Switches, departmental products that encompass many of the high availability features found in data center
offerings; the ES-1000 Loop Switch, an end-to-end switching solution; the Enterprise Fabric Connectivity (EFC) Manager, which enables IT managers to manage all switched
components from a single console and proven methodologies for building scalable solutions through its Professional Services group.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA - news, MCDT - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs,
McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise- to-edge SAN solutions improve the
reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively
pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes
its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of
McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for
``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from
expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in late 2000 and early
2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs that we may continue to experience as we continue the transition to new products,
our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the
contract manufacturer of our director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales
channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality
and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans,
competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the
development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the
U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by
us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other
statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the
like to be uncertain and forward- looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any
obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners.

SOURCE: McDATA Corporation

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McDATA Names Former Hitachi Executive as Vice President of Marketing
BROOMFIELD, Colo., June 6 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA; MCDT), a global leader in open storage networking solutions, today announced the appointment of Richard G. Search to vice president of marketing. Search, who has more than 15 years of marketing experience in the storage industry, will be responsible for driving McDATA`s global brand awareness and long-term market strategy.

``Richard`s long history in the storage industry, developing and managing national and international marketing programs for three different Fortune 100 technology companies, makes him a strong asset for McDATA,`` said Jack McDonnell, CEO and president. ``His leadership will strengthen our efforts to grow into new and existing markets.``

Search`s experience includes 18 years with IBM and 12 years with Digital Equipment Corporation, where he was responsible for engineering, product management and marketing in various positions ranging from manager to vice president. He recently served as the vice president of marketing for Hitachi Data Systems` storage business unit, where he drove significant growth in the enterprise storage and mid-range open storage product lines. Richard joins McDATA from storage provider Dot Hill Systems Corporation, where he was senior vice president of marketing and product management.

Search received his Bachelor of Science degree from Pennsylvania State University. He also attended the Computer Science Institute at MIT.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA; MCDT) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in late 2000 and early 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners.

SOURCE: McDATA Corporation

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ACAL and McDATA Partner to Provide Enterprise-to-Edge SAN Solutions Throughout Europe
McDATA Expands Global Presence With First PAN-European Distributor
BROOMFIELD, Colo., June 12 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA - news, MCDT - news), a global leader in open storage networking solutions, announced today that it has partnered with ACAL to resell McDATA`s complete enterprise-to-edge line of storage area network (SAN) products and software within the Pan-European market. The partnership will increase the scope of McDATA`s global customer base, while providing resellers and system integrators throughout all of Europe with full-service, integrated, enterprise-wide SAN solutions.

``We are excited about this opportunity to team with the world-wide leader in the Director market,`` said Andrew Litherland, director of business development for ACAL. ``This alliance will allow us to maintain and grow our strong position in the European SAN market by offering McDATA`s high quality products, software and services to our customer`s.``

As part of the agreement, ACAL becomes McDATA`s first Pan-European Distributor. ACAL primarily serves as a distribution, services and support center for leading Fibre Channel manufacturers, selling products through a network of approved Value Added Reseller partners throughout Europe, the Middle East and Africa. ACAL`s recently established Professional Services group provides training and consultancy services on the architectural design and implementation of Fibre Channel networks and SAN installations.

``McDATA is committed to encouraging the growth of SAN adoption and installation on an international scale,`` said Nigel St. George, country manager, United Kingdom, for McDATA. ``Working with ACAL provides us the perfect opportunity to further develop our channels throughout Europe.``

ACAL will resell McDATA`s complete enterprise-to-edge family of products, including the Galaxy-Class ED-6064, the ED-5000 Director, as well as the ES-3032, ES-3016 and ES-1000 Fabric Switches, departmental products that encompasses many of the high availability features found in data center offerings. Additionally, ACAL will resell McDATA`s software suit, including the Enterprise Fabric Connectivity (EFC) Manager, which enables IT managers to manage all switched components from a single console.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA - news, MCDT - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in late 2000 and early 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners.

SOURCE: McDATA Corporation

[panik]

McDATA Builds Storage Area Network (SAN) To Support Porsche Informatik`s IT-Services for Car Dealers
SALZBURG, Austria and BROOMFIELD, Colo. and OTTOBRUNN, Germany, June 21

/PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA - news, MCDT - news), a global leader
in open storage networking solutions, Porsche Informatik Osterreich, a
subsidiary of Porsche Austria, and Vienna-based IT service debis Systemhaus,
have partnered to develop an IT-based car dealership support system. Setting
a new standard for the Austrian car buying market, Porsche will utilize
McDATA`s enterprise to edge technology during the first phase of development
to create highly available application service provider (ASP) solutions
accessible to 80 car dealerships throughout Austria.
(Photo: http://www.newscom.com/cgi-bin/prnh/19990920/MCDATLOGO )
Porsche dealers gain the benefit of performance, manageability and availability to all data applications needed for their business, including the sale of new and used cars, spare parts and service.

Porsche`s data needs are expected to continue growing rapidly. To meet the demand, debis Systemhaus and McDATA are implementing a solution that delivers highest availability and is interoperable with existing storage systems in an open, multi-vendor storage area network. The solution is built with ES-1000 Loop Switches and McDATA ED-5000 Directors, which ensure 99.999 percent availability -- the highest availability for core-switching architecture -- fail-over logic, hot code load and activation and redundant power and cooling throughout. The technology solution ensures secure access by all participants to a self-contained data pool -- a simple expansion of Porsche`s existing hard drives would not meet this requirement.

``We chose McDATA products as a basis for our storage network because they guarantee the highest reliability, availability and scalability,`` said Josef Hagler, managing director of Porsche Informatik Osterreich. ``Using a McDATA-based SAN gives us a solid foundation for our storage applications, and therefore, the highest possible investment protection.``

``Porsche needs the most reliable architecture available for their SAN. Meeting their customers` needs and providing dealers with the most up-to-the minute data are their primary concerns -- that means availability and reliability are critical,`` explains Georg Bartz, managing director of McDATA Technology Systems GmbH in Germany. ``McDATA`s Directors, together with fabric management software and demonstrated commitment to open standards, make McDATA the clear choice to develop this solution.``

``Using McDATA`s reliable Fibre Channel Switch technology, we have created for Porsche a highly available storage environment, which will meet future user requirements,`` says Franz Grohs, managing director of debis Systemhaus Austria. ``The solution includes McDATA ED-5000 Directors, to ensure a modern, fail-safe Fabric, and the ES-1000 Loop-Switch, used to connect the separate tape robots to the storage systems. And, since McDATA`s products are certified by IBM and many other storage vendors, a quick implementation of the project could be achieved.``

Realizing Porsche`s need to provide both small and large dealerships with constant access to information via its network, the new ASP service will be expanded in the future to include Volkswagen, Audi, Seat and Skoda partners.

Educational and support services for the Porsche solution will be provided by McDATA`s European headquarters in Ottobrunn, Germany.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA - news, MCDT - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in late 2000 and early 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners.

SOURCE: McDATA Corporation

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McData names former Qwest exec president, COO
NEW YORK, July 17 (Reuters) - Data storage company McData Corp. (NasdaqNM:MCDT - news) said on Tuesday it named John Kelley, a former vice president at voice and data services company Qwest Communications International Inc. (NYSE:Q - news), to the newly created position of president and chief operating officer.

He will join the company on Aug. 27, McData said in a statement.

McData shares were up 47 cents at $19.59 in trade on the Nasdaq on Tuesday.

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Arrow North American Computer Products and McDATA Partner for Enterprise-Level SAN Offering to Arrow Solutions Providers
Arrow NACP to Implement McDATA`s Complete Core-to-Edge Enterprise Solutions
GREENVILLE, S.C., July 25 /PRNewswire/ -- Arrow Electronics` (NYSE: ARW - news) North American Computer Products group (NACP), announced today its agreement with McDATA® Corporation (Nasdaq: MCDTA MCDT), a global leader in open storage networking solutions, to distribute McDATA`s complete line of core-to-edge enterprise Storage Area Network (SAN) solutions to integrators in North America.

Arrow NACP will provide McDATA`s complete family of products, including the Galaxy-Class 6000 Series Director, the 3000 Series department fabric switches and its 1000 Series edge switch. Arrow NACP will also distribute McDATA`s software suite, including the Enterprise Fabric Connectivity (EFC) Manager, which enables IT managers to manage all switched components of the SAN from a single console.

Arrow NACP`s expanding SAN business and the growing volume of information that must be sent through SANs is the catalyst for the partnership. ``McDATA`s leadership presence in open storage networking solutions is a great complement to our existing selection of enterprise storage products and services,`` said David Casillo, Arrow NACP`s Vice President of Supplier Services. ``And McDATA`s Elite Partner Program adds even more value for our customers. Arrow NACP`s rapidly growing focus on large-scale and highly reliable storage solutions led to this partnership.``

McDATA`s Elite Partner program empowers solution providers to become leading open SAN suppliers. With 18 years of data center experience, and the industry`s only true enterprise-wide offering, McDATA offers its Elite Partners comprehensive interoperability testing, proven large-scale SAN methodologies, industry leading educational programs and partnerships with leading storage technology companies worldwide.

Arrow NACP`s Consan and MOCA selling groups will lead the distributor`s recruitment efforts for McDATA`s Elite Partner Program. Additionally, the other Arrow NACP selling groups, including Gates/Arrow, Arrow/Wyle, SBM and Support Net, will distribute the industry-leading SAN Directors and switches.

Arrow NACP Vice President and General Manager of Midrange Business, Joe Burke said, ``McDATA will be a key partner as our storage initiative continues to unfold. We believe this new relationship will benefit both companies. Our unique coverage model will expand McDATA`s reach into the midrange market and enable us to offer our customers proven, reliable storage solutions.``

``Arrow NACP has a reputation among solution providers as an outstanding value-added distributor,`` said Mike Gustafson, Vice President, Worldwide Sales at McDATA. ``Additionally, Arrow NACP`s focused selling groups, such as MOCA and Consan, provide current McDATA Elite Partners with added support options and provide McDATA an introduction to a new set of solution providers looking to leverage our core-to-edge enterprise solutions and industry-leading training and educational services.``

``We can offer all Arrow NACP solution providers the true enterprise-class storage solutions needed to better serve their clients, said Consan Vice President Mike Arends. ``Adding McDATA to our current offering creates an incredible synergy for our customers and us, which will result in greater market penetration, product support and customer breadth for McDATA.``

About McDATA (http://www.mcdata.com)

McDATA (Nasdaq: MCDTA MCDT) is a global leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

About Arrow North American Computer Products

Arrow North American Computer Products is a leading full-line technical distributor of computer systems, communications and storage equipment, peripherals, components, software, and value-added services to solution providers in North America. Arrow North American Computer Products, a division of Arrow Electronics, Inc. (NYSE: ARW - news), includes Arrow/Wyle Computer Products, Consan, Gates/Arrow Distributing, MOCA, SBM, and Support Net. Arrow Electronics is the world`s largest distributor of electronic components and computer products to industrial and commercial customers.

For media inquiries regarding Arrow North American Computer Products and its selling groups, contact Mary Ellen Grom at [e-mail], or call 864/627-2613.

Brand names, product names, services, companies, events, and publications are or may be trademarks or registered trademarks of, and are used to identify products or services of their respective owners in the U.S. and/or other countries.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in late 2000 and early 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward- looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Arrow North American Computer Products

[panik]

Hitachi Data Systems and McDATA Provide Storage Area Network for Xcel Energy`s Trading Operations
SANTA CLARA, Calif. & BROOMFIELD, Colo.--(BUSINESS WIRE)--July 31, 2001--


Hitachi Freedom Storage Lightning 9900 and McDATA`s ED5000 Director

Deliver High Scalability, Reliability, and Performance

Required by Xcel Energy

Hitachi Data Systems and McDATA Corporation today announced that they have designed and installed a Storage Area Network (SAN) to house and manage the fast-growing volumes of data generated by the energy-trading operations at Xcel Energy Corporation`s data center in Denver.

Xcel Energy`s Energy Markets business unit does wholesale trading of natural gas and electricity all across North America. It must react to market conditions minute by minute during the trading day and dispatch energy to its trading partners 24 hours a day, every day. These transactions, as well as the need to store lengthy contracts, make its business very data intensive and underlie its requirements for storage that is highly reliable, able to handle huge numbers of transactions without impacting performance, and scalable across a wide range of capacities.

To meet all these requirements Xcel Energy decided to implement a SAN solution based on Hitachi Data Systems` Hitachi Freedom Storage(TM) Lightning 9900(TM) system and McDATA`s ED 5000 Director. The SAN operates in a combined Windows NT and Sun Solaris® computing environment.

Matthew Zafuto, director of Information Systems and Technology for Xcel Energy`s Energy Markets Business Unit in Denver, led the SAN selection and implementation teams. In the past year, he has seen an exponential increase in the storage capacity needed to support trading operations and is currently deploying about 1.2 terabytes (TB). He expects that capacity easily to triple by the end of the year and perhaps to grow much more than that.

``The core business problem we`re trying to solve is to put in place a data storage infrastructure that will enable us to maintain an exponential growth rate,`` he said. ``The solution has to allow us to add storage capacity on a vast scale and it also has to be highly reliable in order to assure access to the data.``

Xcel Energy concluded that its existing infrastructure, which was based on multiple servers with directly attached storage, would not allow the company to scale its storage capacity easily and economically. Zafuto`s team didn`t want to rely on ``throwing more servers at the problem`` in order to gain storage capacity whenever they wanted to install new applications or accommodate more users.

``There may be cases where we do need additional server capacity, but largely our business is dealing with data and the use of data, so we wanted to meet the data requirements just by adding more storage capacity whenever we needed it,`` he said. ``A SAN lends itself to doing that.``

To give his users confidence that a SAN would meet their needs for performance and reliability, Zafuto believed it was important to select components based on leading-edge technology that was well-proven in the marketplace.

``The internal architecture of the 9900 was vastly superior to the others we evaluated,`` said Zafuto. The 9900`s unique internal switch architecture and its use of Fibre Channel technology removes the performance bottlenecks that can slow down data throughput in conventional storage systems. The 9900 can scale up to 37 TB in a single system without experiencing any deterioration in performance.

``McDATA`s architecture is extremely capable of meeting our needs for manageability and reliability,`` said Zafuto. ``Their switches are easy to tune and configure for a variety of system conditions, and their ability to participate in a `call home` network along with the storage systems lets us know if any potential problems have been detected. That makes them a very reliable offering for us.``

The opportunity to visit McDATA`s nearby interoperability laboratory played a key role in Xcel Energy`s decision to select the Hitachi/McDATA solution. ``The ability to actually view the Lightning 9900 frame that we ultimately purchased, along with the switches we purchased, all in an environment largely similar to our own, provided a great deal of value and comfort to us,`` said Zafuto.

Looking to the future, Zafuto expects to attach data marts and data warehouses to Xcel Energy`s SAN -- another reason it was so important to choose a highly scalable storage solution for the company`s initial foray into SAN technology. These data-mining applications will extend the value of the SAN by helping users to make better business decisions, but they will also add a further dimension to the company`s need to house the explosively growing masses of data it generates.

About Hitachi Data Systems

Hitachi Data Systems is a leading supplier of storage hardware, software, solutions and services. As a wholly owned subsidiary of Hitachi, Ltd. (NYSE:HIT - news), Japan`s largest electronics company, HDS is committed to providing the technological infrastructure for the world`s most information-intensive corporations.

With an employee base of 2800, Hitachi Data Systems does business in the public and private sectors in 46 countries on six continents, including the rapidly emerging economies in Southeast Asia and Eastern Europe. Its customers include more than 50 percent of Fortune 100 companies, and all of the major Storage Service Providers (SSPs). For more information, please visit the company`s Website at http://www.hds.com.

About Hitachi, Ltd.

Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world`s leading global electronics companies, with fiscal 2000 (ended March 31, 2001) consolidated sales of 8,417 billion yen ($67.9 billion)(1) The company manufactures and markets a wide range of products, including computers, semiconductors, consumer products and power and industrial equipment. For more information on Hitachi, Ltd., please visit Hitachi`s Web site at http://global.hitachi.com

(1) At an exchange rate of 124 yen to the dollar.
About McDATA

McDATA (Nasdaq:MCDTA/MCDT) (www.mcdata.com) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represents the backbone of the SAN industry and addresses enterprise-storage problems. The company`s core-to-edge enterprise storage solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners.

Note to Editors: Hitachi Data Systems is registered with the U.S. Patent and Trademark Office as a trademark and service mark of Hitachi, Ltd. Freedom Storage and Lightning 9900 are trademarks of Hitachi Data Systems.

McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Sun, Sun Microsystems, and Solaris are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and in other countries.


--------------------------------------------------------------------------------
Contact:

Hitachi Data Systems
Bob Neudecker, 408/970-4450
[e-mail]
or
McDATA
Kathleen Sullivan, 303/460-4435
[e-mail]

[panik]

8:34AM McData (MCDTA) 13.33: CE Unterberg Towbin upgrades to STRONG BUY after management refutes Brocade story that it had gotten some McData customers to trade in their equipment. From a valuation perspective, thinks gap between McData and Brocade multiples (3.4x rev. vs 11x) is too wide even if one argues for further downward revision due to economic conditions... firm has 6-12 month target of $20.

[panik]

McDATA Announces Interoperable Multi-Vendor Switch Solution With HP; Seamless Solution Offers Best-in-Class Scalability and Flexibility
BROOMFIELD, Colo., Aug. 20 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA - news, MCDT - news), the worldwide leader in open storage networking solutions, today announced a fully tested, standards-based interoperability solution with Hewlett-Packard Company. The interoperable solution between McDATA`s 6000 Series Director: ED-6064, sold as the HP Surestore FC-64 switch, and Brocade`s Silkworm 2800 is available now and supported through HP. This is the first interoperability initiative that is managed by a single, fully functional, storage management tool -- the HP OpenView management platform. This latest development reaffirms McDATA`s commitment to open, standards-based storage networking that includes the company`s charter membership in the SNIA Supported Solutions Forum.

(Photo: http://www.newscom.com/cgi-bin/prnh/19990920/MCDATLOGO )
Interoperability allows customers to combine their SAN into an upgradeable, heterogeneous core-to-edge enterprise SAN solution that is centrally managed and accessed from a single console. The interoperable solution protects a customer`s information and is fully upgradeable, eliminating the need to swap out existing equipment as storage requirements increase. With interoperability, IT staffs are more productive as they use a tested solution that not only ensures access to critical data needs but is also efficient and flexible. McDATA`s 6000 Series Director is the only Director-class product available today that is interoperable with 90 percent of the current installed base of fabric switches - 600,000 fabric switch ports worldwide.

``Interoperability of Fibre Channel switches and Director products enables Directors to function as high availability core devices in large SANs,`` said James Opfer, principal analyst at Gartner Dataquest.

``With this solution, McDATA expands on its commitment to drive the industry to open systems in storage area networking,`` said Mike Gustafson, vice president of worldwide sales for McDATA. ``Not only is this a breakthrough in terms of interoperability among vendors, it is also a breakthrough in terms of bringing value to the customer. Providing the customer a fully tested, upgradeable, multi-vendor SAN solution is a top priority for McDATA. We`re able to deliver to the customer flexibility and better protection of their prior investments by allowing for legacy upgrades.``

``The solution is a landmark step in the drive toward open storage networking. Not only does it allow the customer to upgrade as their storage requirements grow, but it is also the only interoperable solution that is manageable through a single pane of glass,`` said Don Kleinshnitz, general manager, HP Scalable Network Solutions Division. ``Customers now have greater investment protection of their current equipment, an enhanced ability to upgrade and a truly heterogeneous core-to-edge solution.``

Daily Demonstrations of Multi-vendor Switch Interoperability at HP World in Chicago

McDATA will demonstrate the first-ever public display of tested and proven interoperability between McDATA`s 6000 Series Director: ED-6064 and Brocade`s switch, both managed by HP OpenView software.


When: Wednesday through Friday, August 22-24, McCormick Center, Chicago
Time: 11 a.m. to 6 p.m. on Wednesday; 10 a.m. to 5 p.m. on Thursday; and
10 a.m. to 3 p.m. on Friday.
Booth: 814


For more information on interoperability, contact McDATA sales at 1-800-545-5773.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA - news, MCDT - news) is a global leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s enterprise-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs and production constraints that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our Director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[panik]

McDATA and GiantLoop Network Team to Bring SANs to Metropolitan Area Networks
BROOMFIELD, Colo. & WALTHAM, Mass.--(BUSINESS WIRE)--August 21, 2001--

Partnership Provides End-To-End Optical Storage Networking

Solutions To Enterprise Customers

McDATA® Corporation (Nasdaq: MCDTA/MCDT), a global leader in open storage networking solutions, and GiantLoop Network, Inc., the leading provider of Enterprise Optical Networking services, today announced a groundbreaking alliance to extend the scalability and performance benefits of storage area networks (SANs) over all-optical metropolitan area networks (MANs). The two companies will cooperate on sales, marketing, and system integration and interoperability to deliver these innovative solutions to enterprise customers.

According to Peripheral Concepts, the SAN market will jump from $4 billion in 2000 to over $14.5 billion in 2003. This growth will boost penetration of facilities-based SANs and also increase demand for enterprise and metropolitan-area SANs to improve operational efficiencies, increase data protection, and extend management domains. Metropolitan area SAN connectivity solutions are available today, but no equipment vendor or service provider specializes in building and managing enterprise SANs that extend across the metro area network - until now.

``McDATA is committed to meeting our customers` needs, and our customers are increasingly asking for solutions that extend their storage area networks over distance,`` said Mike Gustafson, McDATA vice president of worldwide sales. ``Partnering with GiantLoop, the leading provider of Enterprise Optical Networking services, allows McDATA to offer customers the benefits of inter-connected, metro SANs, with increased data availability, business continuity protection, and simplified management.``

The partnership brings immediate benefits to enterprise customers as the two companies combine GiantLoop`s managed network and professional services with McDATA`s 6000 Series Director - the SAN industry`s only single stage 64-port director and its solution initiatives. The companies will collaborate on the sales, marketing, integration, and deployment of enterprise-class SANs, and the connectivity between those SANs over private, high-performance, enterprise optical networks.

``The next logical phase in the storage evolution is to extend storage networks beyond the boundaries of physical facilities,`` said Farid Neema, president of Peripheral Concepts. ``This partnership delivers on this phase and establishes a roadmap to make metropolitan SANs easier to deploy and manage.``

Enterprise companies can also utilize this protocol-independent optical infrastructure to aggregate other storage, data, voice, and multimedia traffic onto one centrally managed, metropolitan network and leverage these infrastructure solutions protocols as they become available.

``Before this partnership existed, there really were no true optical storage networking solutions available to the enterprise,`` said Joe Gately, GiantLoop Network senior vice president of marketing and alliances. ``Fibre Channel switches were delivered by server or storage subsystem vendors and viewed as a device extension. The GiantLoop/McDATA partnership means that enterprise customers can work with true networking experts to build enterprise-class SANs that extend across metropolitan areas. Together, GiantLoop and McDATA offer a unique set of products and services that offer immediate improvements in operations, management, and utilization, provide headroom for future storage and bandwidth growth, and marry storage and data networking.``

In addition to the market strategy, GiantLoop and McDATA will collaborate on strategic planning, research, and development to support GiantLoop`s Enterprise Content Networking initiative that addresses today`s data movement requirements like remote mirroring, backup, and data replication with future content delivery needs for eLearning, collaboration, and customer support. ``Both data movement and content delivery require an infrastructure that can deliver high-bandwidth and low-latency,`` said Gately. ``The GiantLoop/McDATA alliance delivers immediate IT efficiencies and provides the foundation for these future business driving applications.``

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA/MCDT) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s core-to-edge enterprise storage solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

About GiantLoop Network

GiantLoop Network is the leading provider of Enterprise Optical Networking services for Global 2,000 businesses. GiantLoop designs, builds, and manages private optical networks that aggregate data, storage, voice, and multimedia traffic on a single, high-bandwidth network infrastructure. The company`s Enterprise Optical Networking managed services connect enterprise locations over high-speed metropolitan and intercity networks that enable mission-critical applications and facilitate connections to customers and business partners. GiantLoop`s AGILITY Professional Services organization provides planning, design, and implementation services that align business needs with the right optical network infrastructure. GiantLoop is headquartered in Waltham, Mass. with additional offices in New York, Chicago, Dallas, San Francisco, Philadelphia, Pittsburgh and London. For more information about GiantLoop including a white paper on Enterprise Content Networking, visit www.giantloop.com.

[thebull 2]

Donnerstag 6. September 2001, 11:02 Uhr
McDATA übernimmt SANavigator für 29,75 Mio. US$


Akquisition erhöht Vorsprung der McDATA Enterprise Solutions Architecture Platform

Broomfield, Colorado und San Jose, California, 5. September /PRNewswire/ -- Die McDATA
Corporation (Nasdaq: MCDTA, MCDT), der weltweit führende Anbieter von
Open-Storage-Networking-Lösungen, und SANavigator, Inc., der zur Western Digital Corp. (NYSE:
WDC) gehörige Anbieter von Storage-Network-Management-Software, gaben heute den definitiven
Abschluss eines Vertrags bekannt, nach dem McDATA im Wesentlichen sämtliche Vermögenswerte von
SANavigator, Inc. einschließlich seiner SAN-Management-Software zum Preis von 29,75 Mio. US$ in
liquiden Mitteln von Western Digital erwerben wird. Dieser Kauf der Wirtschaftsgüter erfolgt im Sinne
der kürzlich bekannt gegebenen Enterprise Solutions Architecture von McDATA und deren Zielsetzung,
den Kunden integrierte Softwarelösungen anzubieten, die die Speichersysteme des Unternehmens vom
Kern- bis zum Randbereich des Netzwerkes (Core-to-Edge) vereinfachen und optimieren.

(Bild: http://www.newscom.com/cgi-bin/prnh/19990920/MCDATLOGO )

"Mit dem Erwerb von SANavigator übernimmt McDATA ganz klar die Führungsposition als einziger Anbieter von Management-Software für
Speichernetzwerke, der Sichtbarkeits- und Erkennungsfunktionalität in einer herstellerübergreifenden Fabric-Umgebung anbietet", sagte Jack
McDonnell, CEO von McDATA. "Der Erwerb des Unternehmens SANavigator, das als eigenständige Tochtergesellschaft weiterarbeiten
wird, unterstreicht unseren Einsatz für das Ziel der Plattformunabhängigkeit. Die Übernahme vervollständigt unser Angebot an
Software-Produkten und -Technologie, bringt uns in den Besitz von Vermögenswerten, die unsere Führungsposition auf dem aufstrebenden
Markt für Speichernetzwerk-Managementsoftware ausbauen, und ermöglicht uns die schnellere Markteinführung voll integrierter
Fabric-Management-Softwarelösungen."

Erwarteter Nutzen der Transaktion

Strategischer Fortschritt bei der Umsetzung von McDATAs Unternehmensmission und der Zielsetzung im Softwarebereich Veräußerbare
Werte aus erworbenen Aktiva und Ressourcen Wertzuwachs des Ergebnisses je McDATA-Aktie binnen angemessener Frist Zusätzliche
Chancen für Einnahmensteigerungen Integration in bestehende Kanäle; wesentliche Ausbaumöglichkeiten für Kanäle und Partnerschaften
Erweiterung der bestehenden McDATA Software-Suite und Steigerung des langfristigen Potenzials für Gewinnwachstum Ausbau der
Führungsposition von McDATA auf dem Markt für Speichernetzwerk-Management und offene, herstellerunabhängige Umgebungen
Schnellere Markteinführung von Fabric-Management-Komplettlösungen

Die Ergänzung der Speichernetzwerklösungen von McDATA um die Softwareprodukte von SANavigator entspricht dem Bedarf auf dem
Markt des Speichernetzwerk-Managements und vereinfacht die Konzeption, Installation, Verwaltung und das Wachstum offener
Speichernetzwerke. McDATAs existierende Softwareplattformen werden außerdem ebenfalls unterstützt und ausgebaut - das Enterprise
Operating System (E/OS) und der Enterprise Fabric Connectivity Manager (EFCM) sind solide Fundamente für die leistungsstarke Software,
die die Einrichtung und Verwaltung offener Speichernetzwerke unterstützt.

Nach Vollzug der Übernahme wird Robert Wright, derzeit President und COO von SANavigator, zum Vice President und General Manager
von SANavigator, Inc., einer hundertprozentigen Tochtergesellschaft der McDATA Corporation. Der Hauptsitz der SANavigator, Inc. wird
weiterhin San Jose, Kalifornien sein, und ihr jetziges Produkt - die Software SANavigator - können die Kunden weltweit über SANavigator,
Inc. und McDATA beziehen.

"McDATAs starke Marktpräsenz und seine Führungsposition in der Branche der Speichernetzwerke öffnet auch dem SANavigator-Produkt
den Zugang zu in der Breite und Tiefe gut ausgebauten Vertriebskanälen", kommentierte Robert Wright, President und COO von
SANavigator. "Wir sind überzeugt, dass die außerordentliche Reichweite von McDATA auf dem Markt für Open-Storage-Networking sowie
seine großen Bemühungen um Plattformunabhängigkeit es neuen und vorhandenen Kunden auch ermöglichen werden, die Vorteile der
Softwaremanagement-Lösungen von SANavigator für sich zu nutzen."

Erwartete finanzielle Konditionen

Gegenstand des Kaufs der Wirtschaftsgüter sind die SANavigator-Software, geistiges Eigentum, ein erfahrenes Management und eine gut
integrierte Organisation für die Entwicklung von Speichernetzwerksoftware. Mit einem Einnahmenzuwachs für McDATA auf Grund der
Transaktion wird erstmals im ersten Quartal 2003 gerechnet, bereinigt um nichtliquide Abschreibungen. Für das vierte Quartal 2001 wird auf
Grund der Übernahme mit einer Minderung des Unternehmensgewinns um 0,02 US$ pro Aktie gerechnet, für das Gesamtjahr 2002 mit -0,05
- 0,06 US$ pro Aktie, bereinigt um nichtliquide Abschreibungen. Zusätzlich rechnet das Unternehmen in Übereinstimmung mit den neuen
FAS-Bestimmungen 141 und 142 zum Zusammenschluss von Unternehmen und der Behandlung von Goodwill und anderen immateriellen
Vermögenswerten mit einer nicht liquiditätswirksamen negativen Auswirkung auf die Bilanzergebnisse auf Grund der Abschreibung bestimmter
immaterieller Vermögenswerte. An einmaligen Kosten im Zusammenhang mit dem Kauf der Wirtschaftsgüter werden 2,5 - 3,0 Mio. US$
erwartet, von denen der Großteil im September 2001 anfallen soll. Der Vollzug der Transaktion wird für Ende September erwartet, die
Erfüllung einiger üblicher Abschlusskonditionen vorausgesetzt.

Die Kunden und Partner von McDATA profitieren von der Übernahme dadurch, dass sie in Zukunft die SANavigator-Software nutzen
können, um ihre offenen Speichernetzwerke zu optimieren und das Gesamtmanagement ihrer Infrastruktur in einer heterogenen,
herstellerübergreifenden Speicherumgebung zu verbessern. Eins der tragenden Funktionsmerkmale von SANavigator ist seine zentrale
Schnittstelle, die das gesamte Netzwerk abbildet. Zusätzliche Vorteile sind der erweiterte Management-Funktionsumfang, die erhöhte
Sichtbarkeit und verbesserte Fähigkeiten in den Bereichen Kapazitätenplanung, Leistungsmanagement und Asset-Management.

McDATA ist seit 1998 auf dem Markt für Speichernetzwerk-Software tätig und hat im Juli 2001 seine Zielsetzung zur Enterprise Solutions
Architecture vorgestellt. Die Enterprise Solutions Architecture von McDATA ist der Rahmen für die Firmware Enterprise Operating System
(E/OS), die den Fabric-Betrieb unterstützt und die Bereitstellung erweiterter Dienste ermöglicht, und den Enterprise Fabric Connectivity
Manager (EFCM), der der Verwaltung aller Geräte im McDATA-Fabric über eine einzige Steuerzentrale dient und so die
Verwaltungskapazitäten für das Speichernetzwerk bereitstellt.

Gartner-Dataquest schätzt das Volumen des Markts für Storage Management Software im Jahr 2004 auf 13,4 Mrd. US$. McDATA schätzt,
dass der Markt für Management-Software für Speichernetzwerke im Jahr 2004 eine Milliarde US$ übersteigen könnte.

Weitere Informationen zu SANavigator erhalten Sie bei SANavigator unter [phone] oder bei McDATA unter 1-800-545-5773.

Internet-Konferenz zur Übernahme McDATA wird am Mittwoch, 5. September in einer Internet-Übertragung zur Übernahme Stellung
nehmen. Tag: Mittwoch, 5. September

Zielgruppe: Investoren: Uhrzeit: 10:30 Uhr EDT (MESZ-6) Telefon: [phone] Wiederholung: 888-203-1112/Code: 683921

Zielgruppe: Branchenanalysten und Presse: Uhrzeit: 11:35 Uhr EDT (MESZ-6) Telefon: [phone] Wiederholung: 888-203-1112/Code:
575033 URL (für beide): http://www.shareholder.com/mcdata/medialist.cfm

Über McDATA ( http://www.mcdata.com )

McDATA (Nasdaq: MCDTA; MCDT) ist ein weltweit führendes Unternehmen auf dem Gebiet der Open Storage-Netzwerklösungen und
produziert zentral verwaltete SANs mit hoher Verfügbarkeit und Skalierbarkeit, die unternehmensweite Speicherprobleme lösen. Die
Core-to-Edge SAN-Unternehmenslösungen von McDATA erhöhen die Zuverlässigkeit und Verfügbarkeit von Daten; das SAN-Management
wird vereinfacht und die Unterhaltskosten gesenkt. McDATA nimmt an allen seinen SAN-Lösungen umfassende Test vor, um
IT-Organisationen die Tools, Methodik und den Support zu bieten, die für robuste SAN-Anwendungen von grundlegender Bedeutung sind.
McDATA vertreibt seine Produkte über seine OEMs, sein Vertriebsnetzwerk und über Elite Solution Partners. McDATA und das
McDATA-Logo sind eingetragene Warenzeichen der McDATA Corporation.

Zukunftsgerichtete Aussagen

Diese Pressemitteilung enthält Aussagen über in der Zukunft erwartete Entwicklungen, die Risiken und Unwägbarkeiten unterworfen sind. Für
diese Prognosen über die Geschäftsentwicklung schließen wir im Sinne der "Safe Harbor"-Bestimmungen des US-Securities Litigation Reform
Act aus dem Jahr 1995 die Haftung aus. Unter anderem können folgende Faktoren dazu führen, dass die tatsächlich erzielten Ergebnisse
erheblich von den Erwartungen abweichen: unsere Fähigkeit, die Integration von SANavigator und Abverkäufe schnell umzusetzen, unsere
Geschäftsbeziehungen mit der EMC Corporation und IBM und ihr Auftragsvolumen, der Rückgang der wirtschaftlichen Dynamik in 2001, der
sich fortsetzen und Kunden zum Aufschieben von Kaufentscheidungen bewegen könnte, zusätzliche Herstellungskosten und
Produktionsengpässe, die anfallen können, wenn wir unser Angebot weiterhin um immer neue Produkte erweitern, Verfügbarkeit zusätzlicher
Bezugsquellen von Gehäusen für unsere Mid- und Low-End-Produkte sowie die finanzielle Stabilität unseres derzeitigen Zulieferers dieser
Teile, der Übergang beim Zulieferer für die Mid- und Low-End-Produkte zum Zulieferer für unsere Director-Produkte, erhebliche
Absatzsteigerungen unserer Produkte durch Systemintegrations-Vertriebskanäle, Verlust eines unserer Schlüsselkunden, Vertriebspartner,
Händler oder Hersteller; unsere Fähigkeit, das Produktangebot zu erweitern bzw. neue Produkte zu entwickeln; die Qualität und
Verfügbarkeit von Zulieferkomponenten; Wettbewerb und Entwicklung auf den Märkten für SANs und Switches; Änderungen der
geschäftlichen Umstände, der Verkaufsstrategie und Produktentwicklungspläne; Preisdruck durch Wettbewerber, fortgesetzte Markt- und
Markenakzeptanz für unsere Produkte; Verzögerungen bei der Entwicklung neuer Technologien; Änderungen im Kaufverhalten unserer
Kunden, sowie unvorhersehbare Ereignisse und andere wichtige Umstände, gemäß vorherigen und künftigen unregelmäßigen
Veröffentlichungen bei der US-Securities and Exchange Commission. Diese Aussagen erheben keinen Anspruch auf Vollständigkeit und
Angemessenheit. Es ist unmöglich, die Einflussfaktoren auf die tatsächlichen Geschäftsergebnisse stets im Voraus exakt zu bestimmen.
Überdies weisen wir die Leser darauf hin, dass Begriffe, wie "glauben", "Glaube", "erwarten", "schätzen", "planen", "Ziele", "voraussehen",
"beabsichtigen", "angestreben", bzw. entsprechende Termini als zukunftsweisend zu betrachten sind. Diese Haftungsausschlüsse beziehen sich
auf sämtliche zukunftsweisenden Aussagen dieser Mitteilung. Wir lehnen daher ausdrücklich jedwede Verpflichtung ab, zukunftsorientierte
Hinweise zu aktualisieren oder zu ändern, die auf neuen Informationen, Erkenntnissen o.ä. basieren.

Website: http://www.shareholder.com/mcdata/medialist.cfm Website: http://www.mcdata.com

Medien: Kathleen Sullivan, [phone], Funk: [phone], [e-mail] , Investoren: Linda Dellett,
[phone], [e-mail] , beide von McDATA Corporation; Photo: NewsCom:
http://www.newscom.com/cgi-bin/prnh/19990920/MCDATLOGO AP-Archiv: http://photoarchive.ap.org PRN-Photoredaktion,
[phone] oder [phone]

gruss
tb 2

[panik]

Major European Gaming Company Selects Hitachi Data Systems And McDATA for Storage Network Solution
Hitachi Data Systems, McDATA Extended Partnership Enables Norway-Based Norsk Tipping to Easily Manage Storage and Prepare for Future Growth
STOKE POGES, England, and BROOMFIELD, Colo., Sept. 10 /PRNewswire/ -- Hitachi Data Systems and McDATA Corporation® (Nasdaq: MCDTA - news, MCDT - news), the worldwide leader in open storage networking solutions, announced today a major storage networking deal with the Norwegian gaming company, Norsk Tipping. The storage area network (SAN) solution will enable Norsk Tipping to consolidate its data in a single storage pool, which will greatly increase its commercial flexibility and ease its management.

(Photo: http://www.newscom.com/cgi-bin/prnh/19990920/MCDATLOGO )
The solution is based on a combination of Hitachi`s Freedom Storage and McDATA`s 6000 Series Galaxy-Class Director, and has been designed to enable Norsk Tipping (a company with an annual turnover of more than euro 1 billion) to offer its gaming services from the industry`s most reliable platform.

``The Hitachi and McDATA combination is renowned for delivering highly reliable, mission critical storage environments,`` said Jan P. Stromslid, vice president of operations at Norsk Tipping. ``The implementation of this system is clearly of great importance to us as a gaming organization because all of our 4,000 retailers and literally millions of customers are so dependent upon the availability of our systems.``

The architecture is based on the Hitachi Freedom Storage Lightning 9960 with a McDATA 6000 Series: ED-6064 Director at the core. The SAN solution allows Norsk Tipping to consolidate the storage required for its lotteries into a single, easy to manage infrastructure.

``McDATA`s solutions are key to customers as they develop cost-effective, yet robust and extremely flexible, information infrastructures,`` said Jack McDonnell, CEO and chairman of McDATA. ``This business alliance between McDATA and Hitachi Data Systems brings to market an easy-to-manage, industry-leading SAN solution that not only grows with the customer but does so in a cost-effective manner.``

For Norsk Tipping, the key benefit of this solution is its ability to cope with growth. The combination of Hitachi`s massively scalable enterprise storage and McDATA`s best-in-class 64 port Director ensures that Norsk Tipping can manage all of its existing storage requirements more efficiently, and add additional capacity with ease. The outcome is a solution that can be adapted and upgraded to accommodate future business demands.

``Such a flexible information infrastructure is vital for us,`` says Stromslid. ``We need to be able to introduce and support any new games easily. And, at the same time, we need to keep a tight control on data that is growing exponentially. If not, our costs will spiral. This storage solution is a critical solution for our business.``

Extension of partnership brings greater choice

An extension of the partnership agreement between Hitachi Data Systems and McDATA made this deal possible. Hitachi`s Freedom Data Networks can now be offered with McDATA`s full family of core-to-edge enterprise SAN products, including its 3000 Series: 16 and 32 port Fabric Switches and its 6000 Series Galaxy-Class 64 port Director.

This allows customers to create storage solutions that are designed for their specific enterprise needs. McDATA Directors are used for the core-switching environment where high availability is crucial, while McDATA Fibre Channel switches can be applied to the edge of the network at a lower price per port. The entire core-to-edge enterprise solution can then be controlled with the same management tool, McDATA`s Enterprise Fabric Connectivity Manager (EFCM). Such freedom of choice is a huge advantage for today`s enterprises.

``Hitachi Freedom Data Networks offers choices without forcing you to redesign your enterprise,`` said Trevor Williams, Networks Solutions Manager at Hitachi Data Systems. ``This has proved to be of great importance for Norsk Tipping, because it greatly enhances their ability to take advantage of new windows of commercial opportunity without constantly reinvesting in new technologies.``

``McDATA and Hitachi Data Systems have a strong, long-term relationship,`` said Richard Search, vice president of marketing for McDATA. ``Customers today demand unmatched connectivity and performance, and through our best-of-breed 6000 Series Director, combined with the highly scalable HDS storage systems, we are pleased we`ll be able to address that customer requirement.``

About Hitachi Data Systems

Committed to helping customers exploit the value of information technology for success in the Internet economy, Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd. (NYSE: HIT - news), is a leading provider of business solutions for the world`s most information-intensive corporations. For further information on Hitachi Data Systems, access www.hds.com.

About Hitachi, Ltd.

Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world`s leading global electronics companies, with fiscal 2000 (ended March 31, 2001) consolidated sales of 8,417 billion yen ($67.9 billion*). The company manufactures and markets a wide range of products, including computers, semiconductors, consumer products and power and industrial equipment. For more information on Hitachi, Ltd., please visit Hitachi`s Web site at http://global.hitachi.com.

At an exchange rate of 124 yen to the dollar.
Hitachi Data Systems is registered with the U.S. Patent and Trademark Office as a trademark and service mark of Hitachi, Ltd. Freedom Storage and Thunder 9200 are trademarks of Hitachi Data Systems.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA - news, MCDT - news) is a global leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

About Norsk Tipping

Norsk Tipping, The Norwegian National Lottery, offers a wide range of lotto, sports and instant games in the Norwegian market. The products are sold through a nationwide network of 4000 on-line retailers, with a total turnover in 2000 of NOK 8,3 billion ($950 million). Norsk Tipping is owned by the Norwegian government and was founded in 1948 to fund Norwegian sports facilities and scientific research. Today the company also raises money for culture causes. In 2001 Norsk Tipping will start to offer its products on the Internet. Please visit www.norsk-tipping.no .

For further information please contact: Ludovic Leforestier of Hitachi Data Systems Europe, [phone], [e-mail]; or Kathleen Sullivan of McDATA Corporation, [phone], [e-mail]

SOURCE: McDATA Corporation; Hitachi Data Systems

[panik]

McDATA Expands European Coverage With Opening of Office in France
BROOMFIELD, Colo., OTTOBRUNN, Germany and PARIS, Sept. 24 /PRNewswire/ -- McDATA Corporation® (Nasdaq: MCDTA - news, MCDT - news), the worldwide leader in open storage networking solutions, has expanded its market in Europe with the opening of a sales office in Paris. The office was opened to better serve McDATA`s expanding European market. McDATA`s European headquarters are located in Ottobrunn, near Munich, Germany. Other European subsidiaries and offices are located in the United Kingdom, Switzerland and Norway.

(Photo: http://www.newscom.com/cgi-bin/prnh/19990920/MCDATLOGO )
``McDATA is committed to supporting our OEM and reseller partnerships and assisting with the implementation of enterprise storage area networks (SANs),`` said Mike Gustafson, vice president of worldwide sales at McDATA. ``McDATA`s office in France not only helps to support existing and future partnerships, it will also help to meet the growing storage needs of companies throughout France.``

McDATA`s complete family of core-to-edge enterprise products is available in France through partnerships with EMC, Hewlett-Packard Company, Hitachi Data Systems, and IBM. McDATA`s partners in Europe include CNT, CDS, Comparex, TDG, T-Systems (Debis) and Selesta Networks.

``McDATA provides the only core-to-edge solutions available in the market today,`` said Christian Marais, McDATA`s country manager in France. ``We offer high scalability and ultra high availability under a single management system at a very competitive price. With this scalable product portfolio we are able to assist customers who want to begin developing their SANs at any level -- from a work group level SAN to a major data center-based backbone storage network.``

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA - news, MCDT - news) is a global leader in open storage networking solutions. Recognized for its highly available, scalable and centrally managed SANs, McDATA`s family of solutions represent the backbone of the SAN industry and address enterprise-storage problems. The company`s core-to-edge SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. Committed to the highest level of service in the industry, McDATA extensively pre-tests SAN solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust and timely SAN implementations. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA is a registered trademark. The McDATA logo and McDATA tagline are trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for ``forward-looking statements`` within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our relationship with EMC Corporation and IBM and the level of their orders, the economic slowdown experienced in late 2000 and early 2001 that may continue and delay purchasing decisions by customers, additional manufacturing costs that we may continue to experience as we continue the transition to new products, our ability to secure additional chassis supply sources for our mid- and low-end products and the financial strength of our current chassis supplier for such products, the transition to the contract manufacturer of our director products as contract manufacturer for our mid- to low-end products, significant growth in sales of our products through system integrator sales channels, a loss of any of our key customers, distributors, resellers or our manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the development of the storage area network and switch markets, any change in business conditions, changes in our sales strategy and product development plans, competition in the storage area network and switch markets, competitive pricing pressures, continued market acceptance of our products, name recognition of our products, delays in the development of new technology, changes in customer buying patterns issues, one-time events and other important factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. In addition, readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward- looking. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA and the McDATA logo are registered trademarks of McDATA Corporation. All other trademarks and product names are the property of their respective owners.

SOURCE: McDATA Corporation

[amazing]

McDATA Expects Record Third-Quarter Revenue of $85 - $87 Million; McDATA Revises Third-Quarter EPS Guidance;
Provides Manufacturing Update
BROOMFIELD, Colo., Oct. 4 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA - news, MCDT - news), the worldwide leader in open storage networking solutions, today confirmed its third-quarter 2001 revenue guidance, revised its third-quarter earnings per share (EPS) guidance, provided a manufacturing update, and announced that it expects to take a one-time $11 to $13 million pre-tax inventory-related charge. McDATA expects record revenue of $85 to $87 million in the third quarter, at the high end of and possibly exceeding its previously stated guidance range of $82 to $86 million, but now expects pro forma EPS for the third quarter to be in a range of $0.01 to $0.03 per share, excluding non-cash deferred compensation charges and one-time charges associated with inventory and the SANavigator acquisition. The revised pro forma EPS estimates for the third quarter compare to previous guidance of $0.03 to $0.05 per share, and primarily reflect the impact of a shift in expected product/channel mix that is adversely affecting gross margins.

(Photo: http://www.newscom.com/cgi-bin/prnh/19990920/MCDATLOGO )
``McDATA`s third quarter revenue performance was strong, despite recent national events, and reflected solid growth in demand for McDATA`s suite of hardware and software products from the core to the edge of the enterprise,`` said Jack McDonnell, CEO of McDATA. ``Our customers deployed a record number of both our 6000 Series Director-Class product, as well as our recently introduced line of high-availability switch products in the third quarter. However, in comparison to our expectations, we sold more of these products -- in particular, the 6000 Series Director -- through channels where our margins are lower, and we expect this variance in mix to adversely affect our expected gross margins in the third quarter.``

At the same time, McDATA is making progress on improving its manufacturing processes, and is midway through implementation of a disciplined strategic manufacturing plan, designed to improve workflow, costs and margins. Consistent with that plan, the company completed a thorough review of operations, reorganized its factory layout, consolidated a key supplier relationship, outsourced the manufacturing of its edge products and strengthened strategic partnerships with its major suppliers.

``We are driving the implementation of a new `outsourcing-focused` manufacturing model that shifts manufacturing operations, component purchasing and inventory management to our strategic contract manufacturer,`` said Bob Finley, McDATA`s recently appointed vice president of manufacturing. ``This model is designed to allow McDATA to focus on its core competency and value- add -- developing leading open storage networking technologies and solutions -- while outsourcing its day-to-day manufacturing operations.``

The operational review also included a physical inventory, an analysis of inventory transferred from its discontinued suppliers, a review of obsolescence, end-of-life inventories and other inventory-related commitments. Based on this review, the company expects to incur a one-time charge of $11 to $13 million pre-tax in the third quarter.

``McDATA undertook an aggressive new product development program that encompassed four new product introductions in as many quarters. The resulting ramp-up abnormally pressured the organization and its suppliers, and adversely affected both throughput and margins. Our manufacturing plan actions completed to date have significantly improved production yields,`` said Finley. ``In the short term -- specifically our upcoming fourth quarter -- we will continue to work through our remaining higher-cost component inventories. Longer term, we anticipate cost and margin improvements as we outsource more manufacturing processes to our strategic contract manufacturer and secure lower cost offshore sourcing for our products.``

In addition to the one-time inventory-related charge, as previously announced, the company expects a one-time transaction charge of $2.5 to $3.0 million pre-tax relating to McDATA`s acquisition of SANavigator, the majority of which is expected in the third quarter, and a one-time, non-cash charge of approximately $7.2 million pre-tax in the third quarter related to the portion of the purchase price allocated to in-process R&D. In-process R&D is primarily comprised of future software product enhancements that are under development. On a reported basis, the company expects a loss for the third quarter of 2001 as a result of the one-time SANavigator and inventory-related charges, as well as non-cash deferred compensation charges, which are estimated to total $23 to $25 million on a pre-tax basis.

``McDATA`s products and strategy remain strong and intact, our software solutions have been further bolstered by the recent SANavigator acquisition, and we are confident that we are effectively addressing our transitional manufacturing issues,`` said McDonnell. ``McDATA`s strong balance sheet -- with no debt and $356 million in cash and securities as of the end of the second quarter -- should help the company navigate through this difficult environment.``

The company will provide more insight into its third quarter results and one-time inventory-related charge, as well as the impact of the current economic environment and its business outlook, when it issues its third quarter earnings release and hosts its web cast on October 17.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA - news, MCDT - news) is the worldwide leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``estimates,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationship with EMC Corporation and IBM and the level of their orders, the impact of the general economic slowdown and the recent terrorist attacks on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation (which will require contract modifications with our contract manufacturer) of an ``outsourcing-focused`` manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, our ability to secure one additional OEM channel in 2001, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[panik]

McDATA Provides Customers Ability to Upgrade to 10Gbps
Upgradeability and Seamless Multi-protocol Extendibility Protects Customers SAN Networking Investment
BROOMFIELD, Colo., Oct. 15 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA - news, MCDT - news), the worldwide leader in open storage networking solutions today announced that its Galaxy-class 6000 Series Directors are upgradeable to 10 gigabit per second (Gbps), enabling storage network customers to extend the life of their storage investments, while providing a total cost of ownership advantage. McDATA`s 6000 Series Directors are the only Director-class products available today that are 10Gbps, multi-protocol ready and interoperable with 90 percent of the current installed base of fabric switches.

(Photo: http://www.newscom.com/cgi-bin/prnh/19990920/MCDATLOGO )
``McDATA was the clear choice when it came to building our storage network. Their Galaxy-class 6000 Series Directors are the right fit for BlueCross BlueShield of Tennessee,`` said Bob Venable, manager of enterprise systems at BlueCross BlueShield of Tennessee. ``McDATA is the only manufacturer with a history of proven products that are flexible enough to grow with our growing data storage needs. We may not need 10Gbps today, but with our data storage needs multiplying daily, we will in the future. McDATA`s 6000 Series Directors give us the flexibility and confidence to upgrade when it makes sense for us.``

With thousands of units shipped, the Galaxy-class 6000 Series Directors were engineered to protect and build upon a customer`s investment. ``We chose McDATA and its 6000 Series Directors because they meet the storage networking needs we have today, and going forward McDATA has had the foresight to anticipate our future needs,`` said Steve Hassell, CEO, Naptheon Inc. and CIO, Newport News Shipbuilding. ``We confidently invested in this technology knowing we could rely on McDATA to provide us with SAN solutions that evolve with emerging open storage technologies like 10Gbps.``

McDATA`s customer-driven philosophy has made it easy for customers to upgrade to new protocols when their business is ready. With McDATA`s 6000 Series Directors, customers can optimize the future reach of their assets through the flexibility of increased bandwidth or multi-protocol support such as iSCSI, FC-IP or Infiniband.

``The architecture in our 6000 Series Directors is designed to expand with a customer`s needs so they can efficiently build on their storage networking investments,`` said Jack McDonnell, CEO and Chairman, McDATA. ``McDATA`s first concern has always been solving our customer`s business problems while helping them safeguard their SAN investment. We are committed to continuously providing customers with upgradeable and cost-effective solutions -- not just pieces of the puzzle -- that can grow with their evolving storage networking needs.``

The Galaxy-class platform empowers customers to upgrade to speeds up to 10Gbps when that feature is available through McDATA, and when their business requirements can benefit from the advances of total end-to-end solutions and fabric management software. In addition, with McDATA`s recent purchase of SANavigator(TM) customers now have the unparalleled ability to choose from a suite of hardware, software and professional services that can optimize and simplify the performance of their storage network management resources.

``IT administrators are increasingly faced with the burden of balancing their companies` growing storage needs within the limitations of their budgets,`` said Eric Sheppard, a senior analyst with IDC. ``McDATA has designed a solid line of products that helps protect a company`s investment in storage by offering products that meet storage needs today and are able to expand to meet future growth.``

Through the delivery of high port count protocol-independent Directors, that are 2Gbps and 10Gbps capable, McDATA`s OEM and system integrator partners are able today to leverage fibre channel and FICON capabilities with customers such as constant availability to minimize risk; no-compromise performance and non-disruptive upgrades to increase application efficiency; industry leading management to lower the total cost of ownership and professional services to minimize risk and bring applications to fruition sooner.

McDATA`s 6000 Series Director provides a compelling combination of performance, high availability, non-blocking, protocol-independent architecture resulting in unrivaled security, speed and extendibility. As the SAN industry`s only single stage 64-port Director, the 6000 Series Director provides customers with unprecedented access to their data coupled with unparalleled, centralized management from McDATA`s Enterprise Fabric Connectivity Manager (EFCM) software. The result is a SAN solution that is easy to deploy and manage across large fabrics without compromising performance.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA - news, MCDT - news) the worldwide leader in open storage networking solutions provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``estimates,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationship with EMC Corporation and IBM and the level of their orders, the impact of the general economic slowdown and the recent terrorist attacks on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation (which will require contract modifications with our contract manufacturer) of an ``outsourcing-focused`` manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For further information, please contact Media, Kathleen Sullivan, [phone], cell, [phone], [e-mail], or Investors, Linda Dellett, [phone], [e-mail], both of McDATA Corporation.

SOURCE: McDATA Corporation

[panik]

McDATA Reports Third Quarter Results
Achieves Record Revenue Results -- Up 30 Percent Over Prior Year, Pro Forma EPS of $.03, Excluding One-Time Charges
BROOMFIELD, Colo., Oct. 17 /PRNewswire/ -- McDATA Corporation (Nasdaq: MCDTA - news, MCDT - news), a global leader in open storage networking solutions, reported record revenue results of $86.6 million for its third quarter ending September 30, 2001, a 30 percent year-over-year increase, and at the high end of the company`s revenue guidance.

(Photo: http://www.newscom.com/cgi-bin/prnh/19990920/MCDATLOGO )
Pro forma net income for the third quarter of 2001 was $3.0 million, compared to pro forma third quarter 2000 net income of $10.8 million. Pro forma diluted earnings per share (EPS) were $.03 in third quarter 2001, compared to $.10 in the third quarter of 2000. This was in line with the company`s revised guidance range for the quarter of $.01 to $.03 per share. The company`s third-quarter pro forma results exclude non-cash charges related to deferred compensation, and one-time charges related to inventory and the SANavigator, Inc. acquisition.

``McDATA`s strong revenue performance reflected solid growth in demand for McDATA`s suite of core-to-edge enterprise solutions, including both hardware and software,`` said Jack McDonnell, Chairman and CEO of McDATA. ``We continued to gain solid market traction with our recently-introduced Galaxy-class 6000 Series Director and 3000 Series switch products -- selling record units of each in the quarter.``

McDATA generated positive operating cash flow in the third quarter and its balance sheet remained strong with no debt, cash and marketable securities totaling $300 million, and cash and total investment securities totaling $330 million at quarter-end. In addition, the company demonstrated its commitment to maintaining a strong balance sheet by lowering its total days` sales outstanding (DSO) to 63 days from 84, reported last quarter.

Third Quarter Details

McDATA`s revenue from products reached $76.0 million in the third quarter, a 26 percent increase over the same period in 2000. Revenue from software and professional services totaled $6.1 million, increasing 111 percent over third quarter 2000. Other revenue was $4.5 million, up 19 percent from a year-ago. On a channel basis, McDATA`s largest customer, EMC, represented 68 percent of total revenue in the third quarter of 2001, IBM accounted for 14 percent and other OEMs, resellers and systems integrators represented 16 percent, with service fees accounting for the remaining two percent.

Pro forma gross margins were 43.2 percent for the third quarter of 2001, compared to 54.2 percent in the third quarter of 2000, and 42.6 percent in the second quarter of 2001. Gross margins continue to be adversely affected by higher-than-standard manufacturing costs related to the introduction of McDATA`s new generation of SAN products, as well as the impact of channel and product mix variances. McDATA launched four new products between April 2000 and April 2001, including the 6000 Series Director during the second quarter of 2001, two 3000 Series Fabric Switch products and the 1000 Series Loop Switch in the preceding quarters. In addition, relative to the company`s expectation in the third quarter, it sold more of these products -- in particular, the 6000 Series Director -- through channels where margins are lower, which adversely affected gross margins.

``While we are pleased with the traction for our new products in our existing channels, we remain focused on expanding and diversifying our newer distribution channels to broaden the reach for McDATA products,`` said McDonnell. ``As we have previously indicated, it is our goal to add one additional OEM partner before the end of this year. We are confident that we will achieve this important step, which will further expand and strengthen our distribution.``

``In addition, we are driving the implementation of a new ``outsourcing- focused`` manufacturing model, allowing McDATA to focus on its core competency -- developing leading open storage networking technologies and solutions,`` added McDonnell. ``We made significant progress on our manufacturing initiatives in the third quarter, including the completion of a thorough review of operations, reorganization of our factory layout, consolidation of a key supplier relationship, outsourcing of the manufacturing of our switch products and strengthening of strategic partnerships with our major suppliers.`` Based on the operational review, the company incurred a one-time inventory-related charge of $14.7 million pre-tax in the third quarter.

In addition, the company also incurred one-time transaction charges of $2.1 million pre-tax in the third quarter relating to McDATA`s acquisition of SANavigator. The company expects the balance of these charges -- approximately $200,000 to $300,000 -- to be incurred in the fourth quarter of 2001, resulting in total one-time transaction charges of $2.3 to $2.4 million, slightly below the previously announced range of $2.5 to $3.0 million. In addition, the company incurred a one-time, non-cash charge of approximately $7.2 million pre-tax in the third quarter related to the portion of the SANavigator purchase price allocated to in-process R&D, which is primarily comprised of future software product enhancements that are under development.

On a reported basis, the company incurred a net loss of $13.6 million for the third quarter of 2001, compared to reported net income of $9.0 million in the prior year. As shown in the following table, McDATA`s third-quarter pro forma results exclude non-cash charges related to deferred compensation, and one-time charges related to inventory and the SANavigator acquisition.


Reconciliation of Reported and Pro Forma Results
(unaudited)

Three Months Ended September 30, 2001 $ in millions
Reported Loss $(13.6)
Deferred Compensation, pre-tax (non-cash) $2.0
Inventory-related Charge, pre-tax (one-time) * $14.7
SANavigator: Acquisition-related Costs, pre-tax (one-time) $2.1
SANavigator: In-process Allocation, pre-tax (one-time) $7.2
Income Tax $(9.4)
Pro Forma Earnings $3.0

* Of this charge, approximately $8.9 million represents an inventory
write-down, while the remaining $5.8 million represents cash charges
primarily related to cancelled component orders.


For the first nine months of 2001, McDATA revenue totaled $250.9 million, up 47 percent from the comparable period in 2000. Pro forma net income for the first nine months totaled $17.5 million, or $.15 per share, a decrease of 27 percent from the first nine months of 2000. Reported net loss totaled $2.7 million, compared to net income of $18.5 million in the first nine months of 2000.

SANavigator Acquisition Strengthens Software Solution

The acquisition of SANavigator underscores McDATA`s commitment to provide customers with complete, open storage networking solutions, including best-in-class networking devices and integrated software solutions that simplify and optimize their core-to-edge enterprise storage networks. With the acquisition of SANavigator, McDATA takes a leading position in offering storage network management software that provides visibility and discovery in a multi-vendor fabric environment, and remains committed to partnering with companies such as EMC, VERITAS and Tivoli to provide customers with the most comprehensive management solutions.

Depository Trust & Clearing Corporation (DTCC), the world`s largest securities depository and clearinghouse for the settlement of securities trading activity, recently selected the SANavigator software product to manage its storage network. By using SANavigator`s feature-rich software solution, the DTCC is able to better optimize its open storage network through advanced discovery and performance monitoring capabilities.

McDATA acquired substantially all of the assets of SANavigator, Inc., including its SAN management software, for $29.75 million in cash. The transaction was completed in late September. The SANavigator business unit is expected to be accretive to McDATA`s earnings in the first quarter of 2003, excluding amortization related to intangible SANavigator assets.

Other Highlights
Other highlights from the third quarter of 2001 include:

-- An extended partnership with VERITAS Software to allow customers to
integrate VERITAS`s SANPoint Control(TM) with McDATA`s best-in-class
Director and switch products.
-- A groundbreaking alliance with GiantLoop Network, Inc. to extend the
scalability and performance benefits of SANs over all-optical
metropolitan area networks (MANs).
-- The launching of a fully tested, standards-based interoperability
solution with Hewlett-Packard Company.
-- The announcement that McDATA`s 6000 Series Director provides FICON
support for IBM`s mainframes, Enterprise Storage Server (ISS) and the
Magstar 3590 A60 tape controller, achieving the first complete FICON
network capability. The announced FICON capabilities mark the
initiation of a new market opportunity by enabling the migration to
FICON from ESCON.
-- McDATA reinforced its commitment to interoperability, announcing its
charter membership in the Storage Networking Industry Association`s
(SNIA) Supported Solutions Forum (SSF). SNIA`s Supported Solutions
Forum is aimed at developing multi-vendor storage networking solutions
that are jointly qualified and mutually supported, and is viewed as a
major industry step in achieving heterogeneous enterprise-wide storage
networking solutions.
-- The opening of a sales office in Paris, expanding McDATA`s European
market presence.
-- John Kelley, who joined McDATA as its president and chief operating
officer in August, was named to McDATA`s board of directors.


Outlook

McDATA anticipates revenues in a range of $80 to $90 million for the fourth quarter ending December 31, 2001, which represents year-to-year growth of 2 to 15 percent for the quarter and a range of $331 to $341 million, or 33 to 37 percent revenue growth, for the full year. Pro forma fully diluted EPS is expected to be approximately breakeven to slightly positive in the fourth quarter, excluding the expected $.02 per share cash dilution from the SANavigator acquisition. Accordingly, we would expect full year 2001 pro forma EPS to be $.14 to $.18 per share, excluding the expected $.02 per share SANavigator cash dilution. The fourth quarter and full year 2001 pro forma EPS estimates exclude non-cash deferred compensation charges, non-cash amortization charges related to intangible SANavigator assets and the remaining one-time charges associated with the SANavigator acquisition. Further guidance on assumptions will be provided on the company`s conference call today.

``Demand remains strong for SANs and McDATA`s comprehensive core-to-edge storage networking and management solutions. However, the events of September 11 and the corresponding economic retraction are resulting in the delay of some deployments and longer average sales cycles, which could adversely affect fourth quarter sales. While we are cautious in our current outlook, we believe that McDATA is well-positioned in this early-stage SAN market, a position that should only strengthen as the economy stabilizes and SAN growth accelerates,`` said McDonnell.

McDATA will hold a conference call to discuss third quarter 2001 results today, October 17, 2001, at 3:00 p.m. MDT. The conference call will be simultaneously Web cast on the company`s Web site -- and will be archived for future review. The Web cast presentation will include slides containing additional detailed information of interest to investors.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA - news, MCDT - news) is the worldwide leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks, and SANavigator is a trademark of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``estimates,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationship with EMC Corporation and IBM and the level of their orders, the impact of the general economic slowdown and the recent terrorist attacks on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation (which will require contract modifications with our contract manufacturer) of an ``outsourcing-focused`` manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For further information, please contact: investors, Linda Dellett, [phone], [e-mail], or media, Kathleen Sullivan, [phone], or cell, [phone], [e-mail], both of McDATA Corporation.

McDATA CORPORATION
CONDENSED CONSOLIDATED INCOME STATEMENTS
(in thousands, except per share data)
(unaudited)

Three Months Ended Nine Months Ended
September 30, September 30,
2000 2001 2000 2001

Revenue $66,760 $86,600 $170,355 $250,924
Cost of revenue 31,099 63,787 81,363 156,552
Gross profit 35,661 22,813 88,992 94,372

Operating expenses:
Research and
development 10,650 13,411 27,844 34,863
Selling, general
and administrative 11,223 23,237 28,121 61,020
Acquired in-process
research & development
and other acquisition
-related costs -- 9,291 -- 9,291
Amortization of
deferred compensation 1,621 1,729 4,622 5,111
Operating expenses 23,494 47,668 60,587 110,285

Income (loss)
from operations 12,167 (24,855) 28,405 (15,913)
Interest income, net 3,119 3,296 3,158 11,676
Income (loss) before
income taxes 15,286 (21,559) 31,563 (4,237)
Income tax expense
(benefit) 6,328 (7,977) 13,050 (1,568)
Net income (loss) $8,958 $(13,582) $18,513 $(2,669)

Basic net income
(loss) per share $0.09 $(0.12) $0.19 $(0.02)
Shares used in
computing basic net
income (loss)
per share 102,902 111,658 96,721 111,226

Diluted net income
(loss) per share $0.08 $(0.12) $0.18 $(0.02)
Shares used in
computing diluted
net income (loss)
per share 112,357 111,658 104,514 111,226


CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
(unaudited)

June 30, September 30,
2001 2001
Assets
Cash and short term investments $278,086 $219,046
Accounts receivable, net 75,381 59,170
Inventories, net 45,700 36,592
Other current assets 17,132 24,982
Total current assets 416,299 339,790
Property and equipment, net 36,220 40,471
Long-term investments 52,226 80,955
Other assets, net 27,067 53,514
Total assets $531,812 $514,730

Liabilities and Stockholders` Equity
Current liabilities $54,380 $47,958
Obligations under capital leases and other 1,557 1,048
Stockholders` equity 475,875 465,724
Total liabilities and
stockholders` equity $531,812 $514,730


McDATA CORPORATION
CONDENSED PROFORMA CONSOLIDATED INCOME STATEMENTS (Note 1)
(in thousands, except per share data)
(unaudited)

Three Months Ended Nine Months Ended
September 30, September 30,
2000 2001 2000 2001

Revenue $66,760 $86,600 $170,355 $250,924
Cost of revenue
(Note 1) 30,599 49,206 79,927 140,979
Gross profit 36,161 37,394 90,428 109,945

Operating expenses:
Research and
development 10,650 13,411 27,844 34,863
Selling, general
and administrative 11,223 22,864 28,121 60,647
Acquired in-process
research & development
and other acquisition-
related costs (Note 1) -- -- -- --

Amortization of
deferred compensation
(Note 1) -- -- -- --
Operating expenses 21,873 36,275 55,965 95,510

Income from operations 14,288 1,119 34,463 14,435
Interest income, net 3,119 3,296 3,158 11,676
Income before
income taxes 17,407 4,415 37,621 26,111
Income tax expense
(Note 1) 6,606 1,457 13,817 8,617
Net income $10,801 $2,958 $23,804 $17,494

Basic net income
per share $0.10 $0.03 $0.25 $0.16
Shares used in
computing basic net
income per share 102,902 111,658 96,721 111,226

Diluted net income
per share $0.10 $0.03 $0.23 $0.15
Shares used in
computing diluted net
income per share 112,357 114,078 104,514 116,288


Note (1) - The condensed pro forma consolidated income statements for all periods presented are for illustrative purposes only and are not prepared in accordance with generally accepted accounting principles. These pro forma statements show the operating results of the Company, excluding the following items:

Three Months Ended Nine Months Ended
September 30, September 30,
2000 2001 2000 2001

Inventory-related
charge $-- $14,680 $-- $14,680
Acquired in-process
research & development -- 7,200 -- 7,200
Acquisition-related
costs -- 2,091 -- 2,091
Deferred compensation 2,121 2,003 6,058 6,376
Subtotal 2,121 25,974 6,058 30,347
Income tax (278) (9,434) (767) (10,184)
After-tax impact of
pro forma
adjustments $1,843 $16,540 $5,291 $20,163

SOURCE: McDATA Corporation

[panik]

McDATA Develops Storage and Data Networking Solution Integrated With Cisco; Solution Spurs McDATA`s Membership in Cisco AVVID Partner Program
BROOMFIELD, Colo., Oct. 22 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA - news, MCDT - news), the worldwide leader in open storage networking solutions, announced today that in cooperation with Cisco Systems, Inc. it has developed a fully integrated, enterprise-class storage networking solution that uses iSCSI to fibre channel bridging technology. The OpenReady(TM) iSAN(TM) Solution, which is now available, integrates fibre channel storage and IP networking technologies from Cisco, IBM and McDATA. In addition to the solution announcement, McDATA has joined the Cisco AVVID (Architecture for Voice, Video and Integrated Data) Partner Program as a storage-networking member.

(Photo: http://www.newscom.com/cgi-bin/prnh/19990920/MCDATLOGO )
Previously, practical costs and technological limitations only allowed IT managers of small to medium sized businesses to utilize high-end servers to access corporate SANs. By adding the OpenReady iSAN Solution IT managers can use iSCSI (Internet Small Computer Systems Interface) to cost-effectively extend access to more servers using existing data and storage networking equipment. The iSCSI solution allows businesses to take better advantage of fibre channel SANs by providing greater connectivity between servers and storage networks.

``With this solution, customers can further leverage the investments they have made in SAN technologies``, said Jeff Vogel, vice president of solutions and systems integration services for McDATA. ``Through the Cisco AVVID Partner Program and McDATA`s OpenReady collaboration, customers can utilize mid-range switches to physically or logically consolidate their entire enterprise data infrastructure into a centralized, supportable architecture that will scale well into the future, thereby protecting and enhancing the investments they make today.``

The OpenReady iSAN technology transports block-level SCSI data over TCP/IP networks to provide laptops, workstations and low- to mid-tier application servers the benefits of accessing high-performance fibre channel based storage area networks (SANs). The result is significantly improved data access while enabling the centralized management of consolidated enterprise data assets.

In addition to the servers, the key products integrated into the OpenReady iSAN Solution are the McDATA 3000 Series Fabric Switches, the ES-3016 and the ES-3032, the Cisco SN 5420 Storage Router, the first commercially available networking device designed to bridge iSCSI to fibre channel, and the IBM Enterprise Storage Server, code-named ``Shark.``

The OpenReady iSAN Solution was tested and certified at McDATA`s System Integration Lab in Broomfield.

About the Cisco AVVID Partner Program

The Cisco AVVID Partner Program is an interoperability testing and co-marketing program enabling leading product and services firms to deploy innovative e-business solutions. The program provides enterprise customers with information regarding Cisco AVVID Partner products and services that have been tested and verified to interoperate with Cisco network technology.

``McDATA and Cisco support open, standards-based architectures and share a commitment to interoperable solutions. Through this vision, the Cisco AVVID Partner Program delivers the power of choice to enterprises -- the ability to extend the Cisco end-to-end architecture with our members` world-class products and technologies,`` said Bob Payne, program manager, storage networking track of the Cisco AVVID Partner Program. ``With Cisco AVVID partner offerings such as the OpenReady iSAN Solution customers can deploy a broad range of e-business solutions which foster innovation and drive rapid adoption of business-critical technologies.``

The Storage Networking Track of the Cisco AVVID Partner Program defines how Cisco and its AVVID Partners work together to enable consolidation, sharing, and access of storage over open, standards-based networks.

McDATA and Cisco will work together to directly assist customers with architecture, design and fulfillment requirements. McDATA`s OpenReady Program allows customers to take advantage of our multi-million dollar Systems Integration Lab (SIL) to stage solutions, test customized configurations or troubleshoot issues without having to impact production environments. The OpenReady Program eliminates the hassles that come with SAN implementation by offering the chance to view and test it in the lab first. For more information about the OpenReady iSAN Solution contact McDATA sales at 1-800-545-5773.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA - news, MCDT - news) is the worldwide leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``estimates,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationship with EMC Corporation and IBM and the level of their orders, the impact of the general economic slowdown and the recent terrorist attacks on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation (which will require contract modifications with our contract manufacturer) of an ``outsourcing-focused`` manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, our ability to secure one additional OEM channel in 2001, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For further information, please contact: media, Kathleen Sullivan, [phone], cell [phone], [e-mail], or investors, Linda Dellett, [phone], [e-mail], both of McDATA Corporation.

SOURCE: McDATA Corporation

[panik]

McDATA`s 6000 Series Director Extends Compaq`s Enterprise Reach
Solution Offers Director-Class Switching for World`s Largest SAN Supplier
BROOMFIELD, Colo., Nov. 5 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA - news, MCDT - news), the worldwide leader in open storage networking solutions, has entered a three-year OEM relationship with Compaq Computer Corporation (NYSE: CPQ - news), the world`s largest supplier of Storage Area Networks (SANs). Compaq will market and distribute McDATA`s hardware and software products worldwide under the StorageWorks and SANworks brand names. McDATA`s Galaxy-class 6000 Series Director and its Enterprise Fabric Connectivity Manager (EFCM) software are the first products that will be introduced by Compaq under the terms of this agreement.

``Compaq StorageWorks prides itself on providing customers with value and best-in-class solutions,`` said Mark Lewis, vice president and general manager of Compaq`s Enterprise Storage Group. ``McDATA`s 6000 Series Director delivers a highly scalable and upgradeable platform that meets today`s Fibre Channel SAN requirements and is positioned for future storage networking specifications and emerging protocols. Many of our customers have asked for Director-class enterprise SAN switching solutions, and with the addition of McDATA`s Galaxy-class Directors to our excellent portfolio of StorageWorks switching products, we`re meeting their requests head-on.``

McDATA`s 6000 Series Director provides customers with an industry-leading platform that enables massive scaling for the creation of large SAN fabrics. In addition, McDATA`s Directors allow for the consolidation of SAN islands into complete core-to-edge fabrics, all managed through McDATA`s EFCM, which provides proactive management from a single console. McDATA`s 6000 Series Director is the only enterprise-class solution in the marketplace today that is upgradeable to 2 and 10 Gb per second transfer rates and can also be transitioned to support emerging protocols such as iSCSI, FCIP and Infiniband, providing customers with greater value and investment protection as technology advances and their SAN needs evolve.

``McDATA brings to Compaq a long history of providing the high-availability features that are essential components of enterprise-level storage networks,`` said John McArthur, IDC`s group vice president of worldwide storage research. ``In return, McDATA gains access to Compaq`s massive customer base.``

Jack McDonnell, CEO and Chairman of McDATA, added: ``We are pleased to announce our OEM agreement with Compaq, the largest SAN supplier in the world. This agreement, which represents the first step in a growing relationship, signifies a strong market endorsement for McDATA and our position as a strategic SAN infrastructure supplier. McDATA`s 6000 Series Director is the most reliable and highly available SAN director product available today, and it provides customers significant flexibility and investment protection through its ability to upgrade to 2 and 10 Gb and to support emerging protocols. McDATA and Compaq share a commitment to solving customers` storage networking requirements today and in the future.``

The OEM partnership was executed only after extensive application testing by Compaq and McDATA, which validates the advanced capabilities of McDATA`s 6000 Series Director, ensuring full functionality and smooth implementation in Compaq StorageWorks solutions. Compaq will sell the McDATA Director and EFCM software through direct and indirect channels beginning in the fourth quarter of 2001.

About McDATA (www.mcdata.com )

McDATA (Nasdaq: MCDTA - news, MCDT - news) is the worldwide leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms ``believes``, ``belief``, ``expects``, ``plans``, ``objectives``, ``estimates``, ``anticipates``, ``intends``, ``targets``, or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationship with EMC Corporation and IBM and the level of their orders, the impact of the general economic slowdown and the recent terrorist attacks on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation (which will require contract modifications with our contract manufacturer) of an ``outsourcing-focused`` manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[panik]

World`s Most Advanced Shipbuilder and Top 10 Defense Contractor Selects McDATA for Storage Networking Solution
McDATA Enterprise Storage Area Network to Support Major Business Initiatives for Naptheon/Newport News Shipbuilding
BROOMFIELD, Colo., Nov. 26 /PRNewswire/ -- McDATA Corporation® (Nasdaq: MCDTA - news, MCDT - news), the worldwide leader in open storage networks, announced today that Naptheon Inc., a wholly owned subsidiary of Newport News Shipbuilding (NNS), which designs, builds and maintains the most sophisticated ships in the world, including nuclear powered aircraft carriers and submarines, has selected McDATA to deliver a centralized, easy to manage and highly available storage area network (SAN) solution to address the explosion of data growth the company has experienced. The McDATA solution lowers Naptheon`s overall IT costs and ensures business continuance by delivering unrivalled reliability and simplified management of Naptheon`s sensitive data.

``Naptheon has very mission-critical storage requirements. We were looking for a centralized storage strategy, providing an easy-to-manage, high availability environment to reduce costs. Those requirements eventually led us to SANs, and ultimately to a SAN provider with industry-leading products, McDATA,`` said Paul Seay, technical specialist for Naptheon. ``We were expending significant financial and staffing resources adding and maintaining server-centric storage with our explosive growth. The associated capacity-in-time common storage pool availability to all SAN connected servers produces significant savings, not to mention the ability to quickly address storage shortages created by emerging business requirements.``

After an extensive evaluation process, Naptheon/NNS determined that McDATA was the only SAN vendor that could deliver an enterprise solution that guaranteed the following:


-- Lower overall IT costs:
* McDATA optimized Naptheon`s resources by consolidating its storage;
* McDATA`s 6000 Series Director at the core of Naptheon`s SAN requires
fewer switches to handle the same amount of data transfer as
offerings from other vendors;

-- Unrivalled reliability:
* McDATA`s pre-tested solutions deliver 99.999 percent availability
(less than five minutes of downtime per year);

-- Simplified management:
* McDATA`s storage network management software, Enterprise Fabric
Connectivity Manager (EFCM) provides comprehensive SAN management
capabilities from a single point of control;
* The McDATA solution is based on a proven, reliable architecture
engineered to reduce the complexity of the SAN.


``McDATA offered a complete core-to-edge enterprise-class solution that delivered the best in both price and performance,`` said Steve Hassell, CEO, Naptheon and CIO, Newport News Shipbuilding. ``What`s more, ultra high availability is built into the system -- that`s a compelling competitive advantage going forward.``

Naptheon/NNS had the classic business data growth problem: The infrastructure of server-centric storage had reached its scalability limits requiring servers for storage additions. Naptheon was forced to look at alternative technologies to continue business operation and address timely storage deployments, backup and recovery, and a maintainable disaster recovery infrastructure.

The solution McDATA designed for Naptheon/NNS was based on the company`s industry-leading Galaxy-class 6000 Series Director at the core and McDATA`s 3000 Series 16 and 32 port Fabric Switches at the edge. McDATA`s core-to-edge enterprise solution products lead the industry in terms of availability, performance and flexibility.

However, the value Naptheon/NNS saw in this solution extends well beyond McDATA`s best-in-class hardware. Simplicity of management and maximum uptime of the SAN weighed heavily on Naptheon/NNS` SAN decision. McDATA`s SAN management software, Enterprise Fabric Connectivity Manager (EFCM) delivered the ease of management Naptheon/NNS required. EFCM enables administrators to manage all switched enterprise components from a single location for centralized, efficient, enterprise-wide connectivity.

``McDATA`s main focus is on solving our customers` business and IT issues. We work with our customers to identify their needs and we deliver solutions that specifically address those needs,`` said Richard Search, vice president of marketing for McDATA. ``Naptheon required immediate, round-the-clock access to its data and applications. That`s exactly what the McDATA solution delivered.``

About Naptheon/Newport News Shipbuilding ( www.nns.com )

Newport News Shipbuilding is one of the top 10 defense companies and the world`s most advanced shipbuilder in the United States. The company employs nearly 17,000 people, and is a primary shipbuilder for the U.S. Navy. The company has annual revenues of $2 billion. Naptheon was formed in December 2000, when NNS restructured its information services division into a wholly owned subsidiary. Naptheon is the exclusive provider of information services to NNS, and also handles its telecommunications, distributed and mainframe computer services and office services.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - news, MCDT - news) is the worldwide leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects``, ``plans,`` ``objectives,`` ``estimates,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationship with EMC Corporation and IBM and the level of their orders, the impact of the general economic slowdown and the recent terrorist attacks on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation (which will require contract modifications with our contract manufacturer) of an ``outsourcing-focused`` manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, our ability to secure one additional OEM channel in 2001, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[panik]

Standard & Poor`s Announces Changes in S&P Indices
New York, Nov. 26 /PRNewswire/ -- Standard & Poor`s will make the following changes in the S&P MidCap 400 and S&P SmallCap 600 Indices:


* McDATA Corporation (Nasdaq: MCDTA - news) will replace Newport News
Shipbuilding (NYSE: NNS - news) in the S&P MidCap 400 Index after the close
of trading on Thursday, November 29, 2001. S&P 500 component Northrop
Grumman Corp. (NYSE: NOC - news) is acquiring Newport News Shipbuilding via a
tender offer that is scheduled to expire on that date, unless
extended.
* Rudolph Technologies (Nasdaq: RTEC - news) will replace Discount Auto Parts
(NYSE: DAP - news) in the S&P SmallCap 600 Index after the close of trading
on Wednesday, November 28, 2001. Advanced Auto Parts, a privately
held corporation, is acquiring Discount Auto Parts in a transaction
anticipated to close on that date. The transaction is still subject
to shareholder approval.


McDATA Corporation is a provider of high performance enterprise switches and related software for connecting servers and storage systems in a storage area network. The company, headquartered in Broomfield, Colorado, will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Networking Equipment sub-industry group and the Computers (Hardware) industry group.

Rudolph Technologies designs, develops, manufactures and supports high- performance process control metrology systems used in semiconductor device manufacturing. The company, headquartered in Flanders, New Jersey, will be added to the S&P SmallCap 600 GICS Semiconductor Equipment sub-industry group and the Equipment (Semiconductor) industry group. Following is a summary of the announced changes:

S&P MIDCAP 400 INDEX-November 29, 2001
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY GROUP

ADDED McDATA Information Networking Equipment
Corporation Technology

DROPPED Newport News Industrials Aerospace & Defense
Shipbuilding

S&P SMALLCAP 600 INDEX-November 28, 2001
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY GROUP

ADDED Rudolph Information Semiconductor Equipment
Technologies Technology

DROPPED Discount Consumer Specialty Stores
Auto Parts Discretionary


Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

Standard & Poor`s, a division of The McGraw-Hill Companies (NYSE: MHP - news), provides independent financial information, analytical services, and credit ratings to the world`s financial markets. Among the company`s many products are the S&P Global 1200, the world`s first global, equity, real time index; the S&P 500, the premier U.S. portfolio index; and credit ratings on more than 220,000 securities and funds worldwide. With more than 5,000 employees located in 21 countries, Standard & Poor`s is an integral part of the global financial infrastructure.

SOURCE: Standard & Poor`s

[panik]

McDATA and IBM Announce Availability of FICON Management Server
Software Delivers Unrivaled Storage Network Management Capabilities For Customers Migrating from ESCON to FICON
BROOMFIELD, Colo., Nov. 27 /PRNewswire/ -- McDATA® Corporation (Nasdaq: MCDTA - news, MCDT - news), the worldwide leader in open storage networking solutions, and IBM Corporation announced today the availability of FICON Management Server. FICON Management Server is a comprehensive and easy-to-use software product that allows automated control of both FICON and ESCON storage networks from a single interface.

(Photo: http://www.newscom.com/cgi-bin/prnh/19990920/MCDATLOGO )
McDATA delivered the first ESCON Director to IBM in 1994. Since that time, more than 1 million ESCON ports have been shipped to IBM mainframe customers. As those customers migrate from IBM`s original protocol, ESCON, to FICON, IBM`s next-generation storage networking technology, FICON Management Server provides those customers with the unrivaled management capabilities of McDATA`s Enterprise Fabric Connectivity Manager (EFCM), but does so in-band, retaining the same look and feel of IBM`s System Automation for OS/390.

``McDATA has a long and established S/390 ESCON Director lineage, and now supporting IBM`s S/390 (zSeries) FICON switching requirements is a logical extension to its existing SAN capabilities,`` said Carl Greiner, vice president and director, Enterprise Data Center Strategies for the META Group.

Customers will see a dramatic simplification of their fabric due to the transition from multiple ESCON channels onto a single FICON channel. FICON also enhances network performance over long distance connections. Where ESCON performance significantly decreases over a distance of nine kilometers, FICON channel performance degradation does not occur until 100 kilometers. This gives the customer the benefit of extended distance from a FICON channel.

IBM mainframe customers with McDATA`s Galaxy-class 6000 Series Directors at the core of their SANs now have a single point of control and centralized and proactive management capabilities -- all in an established ESCON/FICON environment.

``By making FICON Management Server available, IBM and McDATA are providing customers with an industry-leading storage network management software product,`` said Barry Rudolph, IBM vice president, disk storage systems and software. ``Additionally, customers have asked for a streamlined process to order 24 x 7, three-year warranty service from IBM for McDATA products. We are pleased to be able to provide this capability.``

IBM and McDATA also are bolstering the warranty service for McDATA`s 6000 Series Directors, 3000 Series Fabric Switches and 1000 Series Loop Switches. The hardware warranty on these products will now be 24 hours per day/7 days per week, same day service warranty for 13 months from the date of shipment. These enhanced base warranties are being offered with no purchase price increase. Through IBM, McDATA is now also offering a two-year extended warranty option on its products that would match the warranty on IBM`s Enterprise Storage Server (Shark).

``McDATA recognizes an enormous market opportunity as customers migrate from ESCON to FICON. McDATA has owned the ESCON market, from the first port shipped to the one millionth,`` said John Kelley, COO and President of McDATA. ``With that kind of unparalleled market leadership, only McDATA has the experience to rely on as customers take advantage of the benefits of IBM`s next-generation FICON protocol. Along with IBM, we are also providing our customers the peace of mind that comes with the industry`s most comprehensive warranty plan.``

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - news, MCDT - news) is the worldwide leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms ``believes``, ``belief``, ``expects``, ``plans``, ``objectives``, ``estimates``, ``anticipates``, ``intends``, ``targets``, or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationship with EMC Corporation and IBM and the level of their orders, the impact of the general economic slowdown and the recent terrorist attacks on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation (which will require contract modifications with our contract manufacturer) of an ``outsourcing-focused`` manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, our ability to secure one additional OEM channel in 2001, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For further information, please contact: media, Kathleen Sullivan, [phone], or cell [phone], [e-mail], or Ryan Batty, [phone], [e-mail], or investors, Linda Dellett, [phone], [e-mail].

SOURCE: McDATA Corporation

[avci]

McData Preps a Big Mac
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McData Corp. (Nasdaq: MCDT - message board) is keeping up with the Joneses -- or, more precisely, the Brocades and Inranges -- with a new 128-port Fibre Channel switch slated for delivery in the third quarter.


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More Company Info

McDATA Corporation

John Kelley, president and COO, says McData will provide more details on the “128-port-plus” director switch in March, with product shipping in the fall. Kelley made his comments today at the RBC Capital Markets storage conference in New York.

McData’s disclosure that it`s developing a high-capacity director switch comes one day after Inrange Technologies Corp. (Nasdaq: INRG - message board) talked up its 256-port unit, which is being tested by IBM Corp. (NYSE: IBM - message board) and is set to be in customers’ hands by mid-year (see Inrange Counts to 256).

Meanwhile, FC fabric switch leader Brocade Communications Systems Inc. (Nasdaq: BRCD - message board) is steeling itself for a fight in the high-end director space, saying it is boosting its sales force by 20 percent this quarter (see Brocade Puts More Feet on Street).


McData didn’t divulge any particulars about the still-in-development 128-port unit. “Under NDA, you might be able to take a peek,” Kelley says. Thanks, but we`ll just wait until the news is ready for public consumption.

Other highlights from Kelley’s presentation:


McData believes it has a significant opportunity to convert users of ESCON director switches, IBM’s proprietary protocol for mainframe connectivity, to switches based on FICON, an IBM storage protocol that uses Fibre Channel hardware. About 1 million ESCON ports have been shipped to date, according to McData, which Kelley suggests represents a $250 million addressable market.
McData expects the revenue opportunity from its acquisition of SANavigator Inc. to be at least $10 million in 2002 (see McData Snaps up SANavigator).
The company will ship 2-Gbit/s switches to customers starting this quarter.
McData will try to improve its gross margins, with a target of reaching 50 percent by the end of 2002. For the third quarter of 2001, its gross margins were 43.2 percent, which McData attributed to "higher-than-standard manufacturing costs." Ugh.

— Todd Spangler, Senior Editor, Byte and Switch
http://www.byteandswitch.com

[robur]

Brocade Comments on McDATA Patent Lawsuit

SAN JOSE, Calif., Feb. 15 /PRNewswire-FirstCall/ -- Brocade Communications Systems, Inc. (Brocade(R)) (Nasdaq: BRCD), commented today on a patent lawsuit filed yesterday by McDATA Corporation (Nasdaq: MCDT), alleging that certain of Brocade`s products infringe upon a McDATA patent. Following an initial review of the claim, Brocade believes that these claims are "without merit" and intends to defend the lawsuit vigorously. About Brocade Communications Systems, Inc.

Brocade offers the industry`s leading intelligent platform for networking storage. The world`s leading systems, applications, and storage vendors have selected Brocade to provide a networking foundation for their SAN solutions. The Brocade SilkWorm(R) family of fabric switches and software is designed to optimize data availability and storage and server resources in the enterprise. Using Brocade solutions, companies can simplify the implementation of storage area networks, reduce the total cost of ownership of data storage environments, and improve network and application efficiency. For more information, visit the Brocade website at www.brocade.com or contact the company at [e-mail].

NOTE: Brocade, the B weave logo and SilkWorm are registered trademarks of Brocade Communications Systems, Inc. or its subsidiaries in the United States or in other countries. All other brands, products, or service names are or may be trademarks or service marks of, and are used to identify, products or services of their respective owners. All products, plans, and dates are subject to change without notice.

___________________________________________________________
Jetzt wirds wirklich spannend. Als MCDT-Aktionär hab ich
immer schon diesen Clash befürchtet. Ich bin gespannt, wie er ausgeht.

Leider spricht die Tatsache, daß MCDT den Konkurrenten BRCD verklagt, für BRCD. Mal sehen, wie´s weitergeht.

[INXS]

Hitachi Data Systems and McDATA Announce Availability of McDATA`s Intrepid(TM) 6000 Series FICON Directors
BROOMFIELD, Colo., March 12 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - news, MCDT - news), the worldwide leader in open storage networking solutions, today announced that Hitachi Data Systems (HDS) has made available to customers its FICON connectivity solution for their storage systems through McDATA`s Intrepid(TM) 6000 Series FICON Director.

HDS storage customers with a mainframe environment can now take advantage of the many benefits of FICON with the only single stage Director available through HDS qualified for FICON support. The use of single-stage architecture greatly reduces latency and increases performance, enabling better access to mission-critical data. In addition to latency enhancements, single-stage architecture is necessary to perform end-to-end (within the director) error detection and isolation, thereby reducing the risk to customer`s data.

``The migration from ESCON to FICON presents a significant opportunity for McDATA as many mainframe customers are looking to maximize their return on server investments by taking advantage of the enhanced connectivity enabled by this next-generation protocol,`` said John McArthur, Group Vice President of Storage Research at IDC. ``McDATA`s ESCON experience will serve them well as they compete in the FICON marketplace.``

ESCON, the original storage networking technology developed for the mainframe environment in the early 1990s, is a highly successful technology that is installed in the majority of the world`s data centers. Fibre Channel is the dominant technology used today in storage networks for open systems, including UNIX and NT. FICON takes ESCON to the next level.

``Our Lightning 9900 storage systems combined with McDATA`s Intrepid(TM) 6000 Series Directors deliver ease of management, enhanced network performance, and lower costs as customers transition from ESCON to FICON,`` said Marlene Woodworth, Executive Vice President and General Manager, Global Marketing and Operations at Hitachi Data Systems. ``We will also join with McDATA to provide services that will ease the transition.``

By migrating their mainframe-connected storage networks from ESCON to FICON, customers can take advantage of the following benefits:


-- Optimized resources -- Customers will benefit from FICON`s ability to
greatly improve application performance through increased throughput.
This enables customers to perform business transactions in shorter
durations, increasing productivity. FICON also enhances network
performance over long distance connections. Where ESCON performance
significantly decreases over a distance of nine kilometers, FICON
channel performance degradation does not begin to occur until beyond
100 kilometers.
-- Ease of management -- Since FICON greatly increases the bandwidth
capacity over ESCON (FICON 100MB/s full duplex, ESCON 17MB/s half
duplex) customers enjoy dramatic simplification of their fabric due to
the transition from multiple ESCON channels onto a single FICON
channel. Also, by reducing the channels leads to fewer connections,
which means fewer cables to monitor. Mainframe customers have a single
point of control and centralized and proactive management capabilities
-- all in the FICON environment.
-- Lower costs/Investment Protection -- McDATA`s Intrepid(TM) 6000 Series
FICON Directors are upgradeable to 2Gigabit per second and 10 Gb/s as
the customers` data needs evolve. Additionally, since a single FICON
channel consolidates between 8 and 4 ESCON channels, customers will
enjoy the benefits associated with smaller cabling infrastructures.


``The FICON market represents a huge revenue opportunity for McDATA and a significant technology boon for our customers,`` said McDATA Chief Operating Officer and President John Kelley. ``Customers making the migration from ESCON to FICON will benefit from easier management of their storage networks, greatly optimized resources and a lower total cost of ownership. Those are pretty compelling reasons to transition to the next-generation protocol, and with McDATA`s Intrepid(TM) 6000 Series Director at the core of their storage networks, customers can make that transition seamlessly and cost effectively.``

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA - news, MCDT - news) is the worldwide leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms ``believes``, ``belief``, ``expects``, ``plans``, ``objectives``, ``estimates``, ``anticipates``, ``intends``, ``targets``, or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationship with EMC Corporation and IBM and the level of their orders, the impact of the general economic slowdown and the recent terrorist attacks on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation of an ``outsourcing-focused`` manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[nete]

McDATA Reports Results for the First Quarter of 2002
BROOMFIELD, Colo., April 18 /PRNewswire-FirstCall/ -- McDATA Corporation (Nasdaq: MCDTA - news, MCDT - news), a global leader in open storage networking solutions, today reported revenue results of $64.5 million for its first quarter ending March 31, 2002, a 22.3 percent year-over-year decrease. Pro forma net income for the first quarter of 2002 was a loss of $(4.2) million, or an earnings per share (EPS) loss of $(0.04) on a diluted basis, compared with pro forma first-quarter 2001 net income of $9.5 million, or $0.08 per share, on a diluted basis. These results were consistent with the company`s revised guidance, provided on April 4, 2002, of revenue in a range of $62 to $64 million and EPS in a range of a loss of $(0.04) to $(0.07). McDATA`s first-quarter pro forma results include dilution of $0.02 per share from the company`s acquisition of SANavigator, but exclude non-cash charges related to deferred compensation and amortization, and one-time charges primarily related to 1 Gb/s inventory and related purchase commitments, and the termination of a synthetic lease. On a reported basis, the company incurred a net loss of $(17.1) million, or $(0.15) per diluted share for the first quarter 2002. A reconciliation of reported and pro forma results is included in the attached financial statements.

``We expected a somewhat cautious IT storage and infrastructure spending environment early in the year, reflecting both the unstable economy and normal first-quarter seasonality,`` said Jack McDonnell, chairman and CEO of McDATA. ``However, following strong demand for McDATA`s products and services that resulted in record quarterly revenue in the fourth-quarter 2001, and despite a continuing strong pipeline, first-quarter revenue slowed significantly, in part due to caution and delayed IT spending, especially in the high-end sector of the storage market. The revenue impact on McDATA was exacerbated by a major reduction in orders late in the period from McDATA`s largest customer, and possibly by a current lack of generally available 2 Gb/s products. However, McDATA`s full line of 2 Gb/s products will become generally available in May, including the Intrepid(TM) 6000 Series Directors and 32-port Sphereon(TM) 3000 Series Switches in mid-May, and the 16-port Sphereon(TM) 3000 Series Switches at the end of May.``

``We are pleased that at least two of our OEM partners plan to make our 2 Gb/s products generally available by the end of May, and we expect our other OEM partners to make our new products generally available during the third quarter,`` added McDonnell.

First Quarter Details

McDATA`s revenue from products totaled $55.0 million in the first quarter, a 27 percent decrease from the same period in 2001. Revenue from software and professional services was $5.9 million, up 63 percent from first-quarter 2001. Other revenue was $3.6 million, down from $4.4 million a year ago. On a channel basis, McDATA`s largest customer, EMC, represented 53 percent of total revenue in the first quarter of 2002, compared with 60 percent in the prior sequential quarter; IBM accounted for 24 percent, compared with 22 percent in the prior quarter; other OEMs, resellers and systems integrators represented 21 percent, up from 16 percent in the prior quarter; and service fees remained at the same level of two percent.

``Revenue results by channel, except for our largest customer, were generally in line with our mid-quarter expectations,`` stated McDonnell.

Pro forma gross margins were 44.3 percent for the first quarter of 2002, demonstrating continuing improvement from 43.6 percent in the fourth quarter of 2001. This improvement reflected favorable channel mix, manufacturing efficiencies and some positive comparisons in vendor invoicing adjustments, partially offset by unfavorable product mix and lower overhead and fixed-cost absorption.

In the first quarter of 2002, the company incurred one-time pre-tax charges of $16.3 million. These charges are largely comprised of a one-time, non-cash inventory-related charge of $14.0 million pre-tax primarily related to excess 1 Gb/s components used in its Director product that resulted from the reduction in orders late in March from the company`s largest OEM customer. The company also incurred one-time charges of $1.25 million pre-tax for the write-off of capitalized financing costs related to the termination of a synthetic lease. The remaining charge of $1.0 million pre-tax includes an accrual for costs relating to the company`s outsourcing and facilities consolidation strategy and a loss on the disposal of fixed assets.

Key First Quarter Accomplishments

In the first quarter of 2002, McDATA continued to make significant progress in expanding its channel partnerships and extending its open, interoperability initiatives. Highlights include the following:

Hitachi Data Systems and McDATA announced the availability of McDATA`s Intrepid(TM) 6000 Series FICON Directors as the connectivity solution for Hitachi Data Systems` Lightning 9900 storage systems, offering optimized resources, ease of management as well as lower costs and investment protection.
SANavigator Software was named the industry`s best SAN management software and earned the prestigious Networking Computing 2002 Editor`s choice award.
A McDATA SAN solution earned Blue Cross Blue Shield of Tennessee the TechTarget 2002 Innovator award in the Total Cost of Ownership category for developing a solution with McDATA that has resulted in numerous efficiencies and a savings of more than $120,000 in the first month following implementation.
McDATA introduced its Connectors program, the industry`s most comprehensive Application Programming Interface (API) strategy, which enables interoperability among a wide variety of storage management applications and provides the broadest range of support for storage networking fabrics and third-party application integration.
McDATA and Adaptec, Inc. announced a strategic relationship to significantly extend the capabilities of iSCSI and Fibre Channel storage area networks by integrating Adaptec`s storage router accelerator into McDATA`s core-to-edge family of products, extending Fibre Channel SANs over IP networks.
VERITAS and McDATA announced the completion of a multi-vendor SAN with McDATA Directors at the heart of the SAN to support VERITAS` growing infrastructure needs in terms of scalability, interoperability, efficiency and availability.
McDATA and QLogic announced a joint program for interoperability between the companies` switch products, building on the successful FC-SW-2 switch compatibility already achieved by the two companies.
In early April, McDATA announced SANavigator 3.0 and its full family of core-to-edge 2 Gb/s storage infrastructure products, including its Intrepid(TM) 6000 Series Directors and its Sphereon(TM) 3000 Series 16- and 32-port Fabric Switches, all built on McDATA`s common EON(TM) Architecture that provides industry-leading investment protection, minimization of risk, availability and performance. McDATA`s full 2 Gb/s product line will become generally available in May.
``By introducing its full family of 2 Gb/s storage networking products, McDATA has reaffirmed its commitment to providing customers with the finest SAN solutions in the industry,`` said John Kelley, McDATA`s president and chief operating officer. ``Customers increasingly require cost-effective solutions that support mission-critical applications, are simple to deploy and manage, and support heterogeneous environments through open, interoperable platforms. McDATA`s comprehensive core-to-edge solutions provide customers a proven, investment-protected platform on which to scale and manage their storage networking fabrics. In addition, our best-in-class SANavigator software allows customers to simplify and optimize the management of heterogeneous SAN fabrics, with a single view core-to-edge.``

Outlook

McDATA currently anticipates revenue for the second quarter to be roughly comparable to the first quarter. This reflects the expected continuation of first-quarter trends including delayed IT storage and infrastructure spending, especially at the high end of the market, and the timing of the launch of McDATA`s new 2 Gb/s product line, which will not become generally available until the latter half of the quarter. Pro forma fully diluted EPS is expected to be in the range of a loss of ($.06) to ($.08) in the second quarter, including $0.02 dilution from SANavigator. Gross margins are expected to be lower in the second quarter than in the first, primarily due to product transition as well as the impact on overhead and fixed-cost absorption. Pro forma EPS estimates exclude non-cash deferred compensation charges and amortization charges related to intangible SANavigator assets.

McDATA will hold a conference call to discuss first quarter 2002 results today, April 18th, at 3:00 p.m. MT. The conference call will be simultaneously Web cast on the company`s Web site, and archived for future review. The Web cast presentation will include slides containing additional detailed information of interest to investors.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - news, MCDT - news) is the worldwide leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms ``believes,`` ``belief,`` ``expects,`` ``plans,`` ``objectives,`` ``estimates,`` ``anticipates,`` ``intends,`` ``targets,`` or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the general economic slowdown and the recent terrorist attacks on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation of an ``outsourcing-focused`` manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as 2 Gb/s and higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


McDATA CORPORATION
CONDENSED REPORTED CONSOLIDATED INCOME STATEMENTS
(in thousands, except per share data)
(unaudited)

Three Months Ended March 31,
2001 2002

Revenue $83,035 $64,543
Cost of revenue 45,571 50,652
Gross profit 37,464 13,891

Operating expenses:
Research and development 10,093 13,216
Selling, general and administrative 18,361 26,001
Amortization of deferred compensation 1,723 2,141
Operating expenses 30,177 41,358

Income (loss) from operations 7,287 (27,467)
Interest income, net 4,684 1,988
Income (loss) before income taxes 11,971 (25,479)
Income tax expense (benefit) 4,429 (8,408)
Net income (loss) $7,542 $(17,071)

Basic net income (loss) per share $0.07 $(0.15)
Shares used in computing basic net income
(loss) per share 110,687 112,732

Diluted net income (loss) per share $0.06 $(0.15)
Shares used in computing diluted net income
(loss) per share 117,587 112,732



CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
(unaudited)

December 31, March 31,
2001 2002
Assets
Cash and short term investments $216,152 $220,807
Accounts receivable, net 43,805 39,014
Inventories, net 24,845 19,702
Other current assets 31,748 39,869
Total current assets 316,550 319,392
Property and equipment, net 40,838 84,754
Long-term investments 94,849 85,634
Other assets, net 61,716 27,059
Total assets $513,953 $516,839

Liabilities and Stockholders` Equity
Current liabilities $43,373 $57,615
Obligations under capital leases and other 789 2,235
Stockholders` equity 469,791 456,989
Total liabilities and stockholders` equity $513,953 $516,839



McDATA CORPORATION
CONDENSED PROFORMA CONSOLIDATED INCOME STATEMENTS (Note 1)
(in thousands, except per share data)
(unaudited)


Three Months Ended March 31,
2001 2002

Revenue $83,035 $64,543
Cost of revenue (Note 1) 45,075 35,961
Gross profit 37,960 28,582

Operating expenses:
Research and development 10,093 13,216
Selling, general and administrative (Note 1) 18,361 23,745
Amortization of deferred compensation (Note 1) -- --
Operating expenses 28,454 36,961

Income (loss) from operations 9,506 (8,379)
Interest income, net 4,684 1,988
Income (loss) before income taxes 14,190 (6,391)
Income tax expense (benefit) (Note 1) 4,715 (2,173)
Net income (loss) $9,475 $(4,218)

Basic net income (loss) per share $0.09 $(0.04)
Shares used in computing basic net income
(loss) per share 110,687 112,732

Diluted net income (loss) per share $0.08 $(0.04)
Shares used in computing diluted net income
(loss) per share 117,587 112,732


Note (1) - The condensed pro forma consolidated income statements for all
periods presented are for illustrative purposes only and are
not prepared in accordance with generally accepted accounting
principles. These pro forma statements show the operating
results of the Company, excluding the following items:


Three Months Ended March 31,
Pro forma Adjustments 2001 2002

Inventory-related charge $-- $13,962
Termination of synthetic lease -- 1,250
Other -- 1,038
Amortization of SAN intangible assets -- 525
Deferred compensation 2,219 2,313
Subtotal 2,219 19,088
Income tax (286) (6,235)
After-tax impact of pro forma adjustments $1,933 $12,853

SOURCE: McDATA Corporation

[panik]

IBM, McDATA Take FICON to New Levels With FICON Cascading and Intermix
Customers Now Enabled to Consolidate Mainframe (FICON) and Open Systems (Fibre Channel) Storage Networks
BROOMFIELD, Colo., May 29 /PRNewswire-FirstCall/ -- McDATA (R) Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open storage networking solutions, and IBM (NYSE: IBM - News) announced today that through a joint effort they are developing two compelling technological innovations to IBM`s FICON mainframe protocol -- FICON Intermix and FICON Cascading. These developments can help save customers time and money and allow for easy scalability of storage infrastructures as customers consolidate their Mainframe and Open Systems storage environments. The solution is designed to enable customers to improve investment protection and their total cost of ownership (TCO).

"By bringing these technological developments -- FICON Intermix and FICON Cascading -- to the market, IBM and McDATA intend to greatly increase the business benefits for customers upgrading from ESCON to FICON," said Mark Doumas, SAN Connectivity Project Executive, IBM Storage Systems Group. "This announcement represents a significant advancement of IBM`s FICON protocol. These new capabilities present compelling considerations for customers who have already migrated from ESCON to FICON and customers considering that move."

FICON Intermix:

FICON Intermix enables customers to simultaneously run mainframe (FICON) and Open Systems (fibre channel) data traffic through a shared McDATA Director. The 2Gb/s Intrepid 6064 is the first IBM remarketed 2Gb/s Director- class storage networking product announced to simultaneously handle traffic for both mainframe (FICON) and Open Systems (Fibre Channel) environments. FICON Intermix presents the potential for a significant cost savings to customers of all sizes by consolidating data networks, utilizing a single Director where alternative storage vendors` offerings require two separate networks and much higher costs. No other storage or SAN vendor in the world has announced a 2Gb/s Director product that will be able to be used concurrently between mainframe and open systems networks. IBM and McDATA support FICON Intermix today with the 1 Gb/s McDATA ED-6064 Director.

FICON Cascading:

FICON Cascading will allow customers, for the first time, to scale their mainframe storage environments by initially supporting single hop, two Director FICON fabrics. Currently, mainframe customers are limited to single Director FICON environments. FICON cascading is designed to deliver to mainframe environments the many benefits of Open Systems storage area networks (SANs) -- lowered storage costs, optimized storage resources, ease of management and higher data availability. FICON Cascading is planned to be available in the second half of 2002.

Consolidated Networks:

Combining the capabilities of FICON Intermix and FICON Cascading will enable customers to consolidate their mainframe (FICON) and Open Systems (fibre channel) storage networks. These consolidated fabrics can help:


-- Reduce costs by enabling mainframe and Open Systems IT staffs to
share equipment;
-- Lower costs by centralizing FICON and fibre channel storage network
management;
-- Allow customers to easily scale and buy only what they need as their
storage requirements evolve;
-- Protect prior investments by optimizing current resources.


To ensure data security in the extended environments McDATA has developed a robust security solution, called SANtegrity. SANtegrity provides the ultra- high-availability characteristics and security functionality to help ensure data integrity throughout the entire FICON/Open fabric.

"FICON Cascading and FICON Intermix are exciting advances designed to greatly benefit customers as they grow and evolve their storage infrastructures. Lowered costs, simplified management and easy scalability are just some of the benefits," said John Kelley, president and chief operating officer of McDATA. "For the first time, customers will be able to consolidate their mainframe and Open Systems into a single storage area network. Sharing a single storage network means drastically reduced costs in terms of number of devices required and the amount of management necessary."

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the general economic slowdown and the recent terrorist attacks on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as 2 Gb/s and higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[panik]

McDATA`s 2Gb/s Director and Fabric Switches Available Through Hitachi Data Systems Worldwide
Customers Can Reap Benefits of High Availability Switches and Industry`s Only 2Gb/s Director Qualified for FICON and Fibre Channel
BROOMFIELD, Colo., May 29 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open storage networking solutions, announced that its 2Gb/s Intrepid(TM) 6000 Series Director and Sphereon(TM) 3000 Series Fabric Switches will be made generally available June 4 through Hitachi Data Systems, a subsidiary of Hitachi, Ltd. (NYSE: HIT - News). McDATA`s 2Gb/s family of Directors and Switches are designed to support the unique demands of enterprise storage applications while enabling unrivalled flexibility for small-to-medium size customers looking to deploy cost-effective storage networking solutions. McDATA`s Intrepid FICON- and Fibre Channel-enabled Director will be made available through a distribution agreement that also includes McDATA`s entire core-to- edge family of 2Gb/s products, including its Sphereon 3000 Series 16- and 32-port Fabric Switches, as well as McDATA`s capacity-on-demand Flexport Technology.

"Enterprises today require products that lead the industry in high availability, scalability and investment protection," said Don McNicoll, senior director, product marketing, Hitachi Data Systems. "McDATA`s best-in- class Director with Hitachi Freedom Storage systems offers unparalleled investment protection and support of multiple protocols, including FICON. McDATA`s Fabric Switches provide the high availability products in their class and bring to the mid-range market many attributes of McDATA`s Directors."

"Hitachi Data Systems and McDATA each have a long-standing commitment to the delivery of best-in-class storage solutions," said Dick Search, vice president of marketing for McDATA. "McDATA`s 2Gb/s high availability product line combined with Hitachi Freedom Storage, enables Hitachi Data System`s customers to meet, exceed and build on the storage requirements they have today but the storage requirements they will have tomorrow. Customers get peace of mind that their investment today will work with the technologies of tomorrow, and they are assured they are receiving the industry`s highest standard of data availability."

The McDATA Intrepid Director surpasses all competitor offerings in terms of flexibility with its ability to handle both mainframe (FICON) and open systems (Fibre Channel) data traffic, as well common Extendable Open Network (EON(TM)) architecture that supports upgrades to emerging technologies such as 10Gb/s, iSCSI, FCIP and InfiniBand. The McDATA Sphereon 3000 Series Fabric Switches are the only mid-range switches in the industry built on Director- class technology -- offering optimal scalability, management and availability.

Hitachi`s worldwide distribution of McDATA`s full family of 2Gb/s products also marks the availability of McDATA`s Flexport Technology. McDATA`s Flexport Technology allows customers to add ports on an "as needed" basis and without disruption. For example, McDATA`s Sphereon 3216 Fabric Switch can be configured as an 8-port model with the ability to expand to 16 ports without service interruption. The Sphereon 3232 Fabric Switch can be configured in 16-, 24-, and 32-port increments and McDATA`s Director is upgradeable in increments of 4 ports, delivering to customers industry-leading capacity on demand.

About Hitachi Data Systems

Hitachi Data Systems, the fastest growing enterprise storage provider, is a leading supplier of storage hardware, software, solutions and services. As a wholly owned subsidiary of Hitachi, Ltd. (NYSE: HIT - News), Japan`s largest electronics company, HDS is committed to providing the storage infrastructure for the world`s most information-intensive corporations. With 2,600 employees, Hitachi Data Systems does business through direct sales and resellers in the public and private sectors in 170 countries on six continents. Its customers include more than 50 percent of Fortune 100 companies. For more information, please visit our Web site at www.hds.com .

About Hitachi, Ltd.

Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world`s leading global electronics companies, with fiscal 2001 (ended March 31, 2002) consolidated sales of 7,993.7 billion yen ($60.1 billion*). The company manufactures and markets a wide range of products, including computers, semiconductors, consumer products and power and industrial equipment. For more information on Hitachi, Ltd., please visit Hitachi`s Web site at http://global.hitachi.com .

At an exchange rate of 133 yen to the dollar.
Freedom Storage, Lightning 9900, and HiCommand are trademarks of Hitachi Data Systems.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the general economic slowdown and the recent terrorist attacks on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as 2 Gb/s and higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: McDATA Corporation

[INXS]

Thursday July 18, 7:38 pm Eastern Time
Reuters Company News
McData posts second-quarter loss

(Adds quotes from CEO)

BROOMFIELD, Colo., July 18 (Reuters) - High-end computer storage networking company McData Corp. on Thursday reported a net loss for its second quarter but credited strong sales from one of its newest product lines for making the loss narrower than previously expected.
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The rosier-than-expected sales picture also led Broomfield, Colorado-based McData to forecast that earnings for the last two quarters of 2002 would beat analysts` forecasts.

McData reported a net loss of $3.9 million or 3 cents per share in the second quarter, compared with a profit of $3.4 million or 3 cents per share in the second quarter a year earlier.

Excluding one-time items, the loss was $2.6 million or 2 cents per share, compared with a profit of $5 million or 4 cents a year earlier.

Expectations among analysts polled by Thomson First Call were for a loss of 5-7 cents per share. The average forecast had been a loss of 7 cents on sales of $63.61 million.

Revenue was $77.3 million after $81.3 million a year earlier for the company, which is defending its market from rivals such as Brocade Communications Systems Inc(NasdaqNM:BRCD - News).

McData credited the better-than-expected results to strong demand for its top-of-the-line 2 gigabit per second Intrepid 6000 series directors.

The new system allows fast communication between networks of data storage systems that are integrated into traditional computer networks.

"We are pleased with these results and were encouraged by the strong demand for both our director and our switch products, some of which likely reflected residual 2Gb/s product demand carried over from the first quarter," said John Kelley, McData`s president and chief operating officer.

McData Chief Executive Officer Jack McDonnell said the surprisingly strong sales were the result of a new product introduction in May, coupled with conservative forecasts by distributors for the product.

"Our partners were a little bit skeptical about the timing of the product introductions," McDonnell told Reuters in a phone interview. "So their forecasts were probably a bit light. When they saw the product and the order volume, they started lifting their forecasts up."

The greater-than-expected demand resulted in a backlog for McData, something unusual for the company, said McDonnell, who will step down as McData CEO in August but remain chairman of the company. Kelley will become the new CEO.

"(The backlog) is pretty typical of new product launches," he said. "The good thing is we have a number of new product launches planned for the next few quarters."

Looking ahead, McData said it expects to report a pro forma third-quarter loss of 1 cent to 2 cents per diluted share on revenues of $83 million to $84 million. Analysts polled by Thomson First Call had forecast an average loss of 5 cents.

The company said it expects fourth-quarter earnings to be in the range of a 1-cent-per-share profit to a 1-cent-per-share loss on revenues of $90 million to $92 million. The First Call fourth-quarter average estimate was a loss of 2 cents per share.

"While we remain cautious about the overall market, we were certainly encouraged in the second quarter by the recovery we experienced, which in part clearly reflects the compelling and proven value proposition of our storage area networking solutions," Kelley said.

[panik]

Storage-Sector Shares Tumble on EMC`s 3rd-Quarter Warning
Friday October 4, 12:22 pm ET

By Johnathan Burns


Dow Jones Newswires
NEW YORK -- Investors pounded shares of storage equipment and software maker EMC Corp. (NYSE:EMC - News) Friday following the company`s third-quarter warning, while sparing no others in the sector.

ADVERTISEMENT


Shortly after midday, shares of EMC were down $1.12, or 22%, to a 52-week low of $3.89 in heavy trading on the New York Stock Exchange.

After the market close Thursday, EMC said it expects a third-quarter loss of two cents a share on revenue of $1.25 billion. Analysts had expected the company to lose a penny a share on revenue of $1.48 billion, according to a Thomson First Call survey.

The company said it was on track until the last week, but projects are being delayed due to economic and war concerns, indicating no less of business to competitors.

That helped paint a bleaker picture for the sector, which investors fled in droves on Friday. Shares of Emulex Corp. (NYSE:ELX - News) tumbled $2.02, or 20%, to a 52- week low of $8.01 in heavy trading shortly after midday on the Big Board. Shares of McData Corp. , which are traded on the Nasdaq Stock Market, suffered even worse, plunging $1.27, or 23%, to a 52-week low of $4.31.

Meanwhile, Nasdaq-listed QLogic Corp. (NasdaqNM:QLGC - News) shares fell $3, or 12% to a 52- week low of $21.60. Also on the Nasdaq, shares of Network Appliance Inc. (NasdaqNM:NTAP - News) lost 65 cents, or 9.8%, to trade at $6, also a 52-week low. Brocade Communications Systems Inc. (NasdaqNM:BRCD - News) shares slid 61 cents, or 9.4%, to a 52-week low of $5.91.

EMC expects spending on information technology to be bleak for the remainder of the year, and the company doesn`t expect a return to profitability in the fourth quarter. As a result, the company will reduce its work force by 7%.

In prepared remarks, EMC Chief Executive Joe Tucci said the IT spending environment was brutal and got even worse at the very end of the third quarter.

McData will, ostensibly, suffer the most from a sales shortfall at EMC, and investors were quick to link the two in Friday trading.

"McData generates approximately 50% of its revenues from sales to EMC, and therefore EMC`s announcement poses an additional risk to McData`s results," Lehman Brothers analyst Harry Blount noted. Lehman makes a market in Brocade and McData, and Mr. Blount`s compensation is based on the firm`s total revenue, a portion of which is generated by investment banking-activities, the firm disclosed.

"We believe that storage networking will be among the fastest-growing segments in the storage market, and that McData is well positioned, particularly at the high end of the market," Mr. Blount said. "However, weak IT spending characteristics seem to be pervasive and given EMC`s announcement of headcount reductions, we believe that the current demand environment will likely remain challenging near-term."

He estimated that Brocade derives about 25% of its revenue from EMC.

But beyond the tough spending environment for IT equipment and software, EMC faces other strategic challenges, said Bear Stearns analyst Andrew Neff.

"Customer feedback that we have been getting points to reduced product differentiation," he said in a note. "Some customers think EMC is still ahead but that the gap [in products] is narrower than it was one/two years ago and are willing to consider other vendors."

Bear Stearns is a market maker in McData and Brocade, and is associated with a specialist that makes a market in shares of EMC.

-Johnathan Burns, Dow Jones Newswires; 201-938-2020; johnathan.burns@ dowjones.com

[panik]

Oracle Deploys McDATA SAN to Support Worldwide Storage Consolidation Project
World`s Largest Enterprise Software Company Relies On McDATA for Its Storage Network Infrastructure
Monday October 7, 8:00 am ET


BROOMFIELD, Colo., Oct. 7 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra high availability storage networking solutions, today announced that Oracle (Nasdaq: ORCL - News) has joined the world`s leading technology companies by selecting McDATA as its storage area network (SAN) provider.
ADVERTISEMENT


With the need to gain control of skyrocketing IT costs and to simplify the maintenance of IT business operations, Oracle embarked on one of the most aggressive consolidation efforts in high-tech history. Oracle`s new e-business infrastructure, based on McDATA SAN technology, serves as one of the largest global IT implementations supporting over 43,000 users worldwide. To accomplish that consolidation, Oracle deployed an ultra high-availability McDATA SAN in each of its two data centers to ensure constant access to its mission-critical information and simplified management of its storage infrastructure.

McDATA is the storage network vendor of choice for the world`s most technology-savvy enterprises, including IBM Global Services, EMC, Hewlett-Packard Company, VERITAS Software and Cisco Systems.

"Oracle chose McDATA because of its superior technology and experience in the data centers of the world`s largest companies. The McDATA SAN solution delivers constant availability, easy management and seamless scalability for Oracle`s storage infrastructure," said Mitchell McGovern, vice president Oracle Global Data Center Operation. "From a financial perspective, leveraging the EMC/McDATA networked storage solution has helped Oracle achieve its milestone objective of cutting corporate costs by over $1 billion."

Oracle`s McDATA storage network, re-branded by EMC as the Connectrix(TM) family of products, delivers unrivaled data networking with industry-leading flexibility, scalability, simplicity and reliability.

Oracle consolidated more than 100 worldwide data centers into two locations, one in Redwood Shores, Calif., and another in Colorado Springs, Colo. The McDATA storage networks supporting Oracle`s dual data centers consist of nearly 400 ultra-high availability Intrepid(TM) 6000 Series Director ports. Managing those fabrics is McDATA`s SAN management software, part of its EON (Extendable Open Networking) architecture suite.

Oracle required the industry`s highest levels of availability, simplified management and seamless scalability as it transitioned from direct-attached to networked storage. McDATA was the only storage network vendor that could satisfy those requirements. McDATA Intrepid Directors are deployed in the majority of the world`s data centers because of their ultra high availability (99.999 percent uptime); ability to handle both mainframe (FICON) and open systems (Fibre Channel) data traffic; non-disruptive code load and activation capabilities (McDATA`s HotCAT(TM) Technology); and their support for emerging technologies such as 10Gb/s, iSCSI, FCIP and InfiniBand. The result is increases in investment protection, security, ROI, business continuity and technology integration.

"The most tech-knowledgeable companies in the world -- Cisco, VERITAS, IBM Global Services, EMC, HP -- all trust their most critical storage infrastructures to McDATA," said McDATA President and Chief Executive Officer John Kelley. "No other storage networking vendor in the world can match McDATA`s legacy of innovation, industry expertise and solid reputation as a company that operates with integrity. That`s why industry leaders such as Oracle select McDATA."

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra high availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and director, switch and software markets, competition in the storage area network and director, switch and software markets (including competitive pricing pressures), one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.




--------------------------------------------------------------------------------
Source: McDATA Corporation

[ElBlindo]

@panik:
Klasse panik, hoffentlich deployen die auch bald Baan!

ElBlindo, der schon sehnsüchtig auf Oracle wartet!

[panik]

McDATA Updates Preliminary Revenue and EPS Guidance for Third Quarter 2002
Tuesday October 8, 8:02 am ET


BROOMFIELD, Colo., Oct. 8 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra high-availability storage networking solutions, today updated its third-quarter preliminary revenue and earnings per share (EPS) guidance. McDATA currently expects revenue to be in the range of $80 to $81 million in the third quarter, compared with previous guidance of $83 to $84 million, and previous second quarter revenue performance of $77.3 million. Despite the slightly lower-than-expected revenue, the company expects improved pro forma EPS for the third quarter to be in the range of breakeven to a loss of $(0.01), excluding non-cash deferred compensation and amortization charges. This compares with previous guidance of $(0.01) to $(0.02) and second quarter results of $(0.02).
ADVERTISEMENT


"McDATA`s third quarter preliminary revenue and EPS performance was strong despite the current softness in IT spending," said John Kelley, CEO and president of McDATA. "IT departments are challenged with maintaining growing storage networks without committing significant capital dollars. McDATA just announced the availability of the Intrepid(TM) 6000 Series 140-port Director and will continue to bring products to market that will help our customers to manage their storage networks cost efficiently. We see consistent demand for SANs which suggests that this high ROI product remains a priority for tech spending."

McDATA will report its third quarter 2002 results on October 17th, when the company will discuss its results in detail.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra-high availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as 2 Gb/s and higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.




--------------------------------------------------------------------------------
Source: McDATA Corporation

[panik]

Lucent Technologies and McDATA Introduce Interoperable Solutions for Storage Networking Over Distance
Tuesday October 15, 12:00 pm ET


MURRAY HILL, N.J. & BROOMFIELD, Colo.--(BUSINESS WIRE)--Oct. 15, 2002--
Lucent OptiStar® EdgeSwitch qualified by McDATA OPENready(TM)

Interoperability Partner Program

Lucent Technologies (NYSE: LU - News) and McDATA Corporation (Nasdaq: MCDTA/MCDT), the worldwide leader in open ultra high-availability storage networking solutions, today announced that they had completed testing to demonstrate that products from both companies work together to enable extended distance storage networking over IP-based metropolitan and wide are networks.

ADVERTISEMENT


The Lucent OptiStar® EdgeSwitch has completed interoperability testing with McDATA Fibre Channel Sphereon(TM) 3000 Series Fabric switches and Intrepid(TM) 6000 Series Directors. With the qualification of the OptiStar® EdgeSwitch, Lucent has joined the McDATA OPENready(TM) Interoperability Partner Program and the two companies will collaborate in bringing joint solutions to enterprise and service provider customers for mission-critical, site-to-site storage area network (SAN) connectivity.

"Lucent is pleased to have completed the McDATA OPENready qualification and we are looking forward to continuing our relationship with McDATA as we roll out the OptiStar® EdgeSwitch and other storage solutions through our direct and Business Partner channels", said Joseph Mele, vice president and general manager of Lucent`s Optical Edge and Network Management business unit. "With storage networking solutions built using McDATA and Lucent products, enterprises and service providers can leverage the experience and technical innovation of both companies to deliver cost-effective, next-generation storage applications and services."

Together the Lucent and McDATA products enable enterprise-class solutions for high availability business continuity, disaster recovery, and outsourced storage services. McDATA Sphereon Fabric switches and Intrepid Directors provide reliable and scalable core-to-edge Fibre Channel switching within a SAN, while the OptiStar® EdgeSwitch uses Fibre Channel Over IP (FCIP) technology to enable interconnection of distributed SANs over carrier networks. During the OPENready qualification process, the OptiStar® EdgeSwitch was tested and qualified with a variety of McDATA Fibre Channel fabric switches and directors, including Intrepid(TM) 6000 Series Directors and Sphereon(TM) 3000 Series Fabric Switches.

The OptiStar® EdgeSwitch is an integrated optical IP and storage router that offers tremendous flexibility for customers. By using IP for transport, the OptiStar® EdgeSwitch can directly connect to a wide variety of Wide Area Network(WAN) architectures, including those based on IP, Ethernet, DWDM, SONET or SDH. It also provides Fibre Channel fabric switching, zoning and management capabilities, as well as IP routing, which enables point-to-multipoint connectivity across the WAN. The latest OptiStar® EdgeSwitch release was generally available on Sept. 4, 2002.For more information on the EdgeSwitch: http://www.lucent.com/edgeswitch." target="_blank" rel="nofollow ugc noopener">http://www.lucent.com/edgeswitch.

McDATA`s OPENready qualification of the Lucent OptiStar® EdgeSwitch is the first step toward a broadening partnership between the two companies. Lucent and McDATA have also completed an equipment exchange program and are cooperating toward the goal of higher levels of interoperability and integration to better meet the needs of their customers.

"Enterprises and service providers today are seeking to maximize the business value of their investments in storage and backbone networks, while ensuring higher levels of availability, access, and protection for their stored data," said Peter Dougherty, vice president, Strategic Business and Strategic Alliances for McDATA. "Working together, McDATA and Lucent can uniquely meet these needs by providing complete end-to-end storage networking solutions for high performance SAN transport over regional and long-haul carrier networks, combined with world class installation, service and support."

McDATA offers the OPENready program to provide the assurance of interoperable storage networking solutions that are audited and backed by the technical expertise of McDATA`s industry-leading System Integration Lab. OPENready qualification of the OptiStar® EdgeSwitch consisted of testing performed by McDATA in Broomfield, Colorado, as well as Lucent testing with McDATA fabric switches and directors in Lucent`s Next Generation Networks (NGN) Lab in Holmdel, New Jersey and OptiStar® Innovations Lab in Cary, North Carolina. This extensive interoperability testing was governed by McDATA-approved test plans to help eliminate potential hardware and software problems, while enabling easier deployment for enterprise customers.

To help promote the new partnership and joint solutions to enterprise end user customers, McDATA is participating with Lucent and its business partners in each of ten cities scheduled for the Lucent enterprise conference series: "Best Practices for Enterprise Security, Data, Storage, and Network Management." The series has already completed stops in Chicago, Washington DC, New York City and Dallas. Upcoming sessions during October and November 2002 include Denver, San Francisco, Los Angeles, Toronto, Atlanta and Miami. Registration for this conference is at http://www.lucentbusinesspartner.com.

About McDATA

McDATA (Nasdaq: MCDTA/MCDT) is the worldwide leader in open, high-availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

About Lucent Technologies

Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and delivers networks for the world`s largest communications service providers. Backed by Bell Labs research and development, Lucent relies on its strengths in mobility, optical, data and voice networking technologies as well as software and services to develop next-generation networks. The company`s systems, services and software are designed to help customers quickly deploy and better manage their networks and create new, revenue-generating services that help businesses and consumers. For more information on Lucent Technologies, visit its Web site at http://www.lucent.com.



--------------------------------------------------------------------------------
Contact:
Lucent
Jenn McManus, 908/582-5703 (office) or 908/582-1209 (fax)
[e-mail]
Brian Bosworth, 908/582-5966 (office)
or 908/582-1209 (fax)
[e-mail]
or
McDATA Corporation
Kathleen Sullivan, 720/558-4435 (office) or
720-566-3860 (fax)
[e-mail]



--------------------------------------------------------------------------------
Source: Lucent

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McDATA Revolutionizes Storage Networking With the World`s Most Innovative, Cost-Effective Fibre Channel SAN Switch
McDATA`s 24-Port Sphereon 4500 Brings Unprecedented Flexibility, Functionality to Mid-Range Market
Wednesday October 16, 10:00 am ET


BROOMFIELD, Colo., Oct. 16 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra high-availability storage networking solutions, today announced the next evolution in storage networking, the availability of the world`s most cost-effective, flexible and feature-rich Fibre Channel SAN switch for the mid-range market. Designed from the ground up to address the needs of small-to-midsize enterprises, the McDATA Sphereon(TM) 4500 Fabric Switch delivers groundbreaking, industry-exclusive features and capabilities previously unattainable in the mid-range market.
The world`s only 24-port SAN switch, the Sphereon 4500 offers the highest port density in the industry and delivers "connectivity on demand" in 8-port increments through McDATA`s exclusive FlexPort Technology. It allows small-to-midsize companies to build scalable, reliable and easy-to-manage storage networks with the most cost-effective SAN switch on the market. Customers want simplicity through management, so McDATA is packaging every Sphereon 4500 with its all-new, web-based SANpilot(TM) management software, which provides all the features necessary to easily manage small SAN fabrics.

"Our storage needs are constantly changing, both in terms of size and technical requirements. That`s why it`s absolutely critical that our storage network is scalable, flexible and highly reliable. We`ve found that McDATA, with its Sphereon 4500 Fabric Switch, can both meet and exceed those needs," said Christian Popp, SAN Architect at BASF IT Services. "Not only can the Sphereon 4500 be implemented without causing disruption, but its handling and management meet the same high standards we know from the other McDATA devices in our network. The Sphereon 4500 provides a high level of functionality, scalability and flexibility which is a key to us being able to do business successfully."

Today, with the introduction of the Sphereon 4500, McDATA provides the most robust, high availability storage networking solutions available. McDATA`s family of hardware and software embody its vision of technology driven by a customer focus, and a commitment to achieving greater customer value.

"The 4500 rips the costs in half, bringing high-end features to the midrange market, and offers `buy what you need, not what you don`t` flexibility," said Steve Duplessie, analyst for the Enterprise Storage Group. "What`s not to like?"

No other Fibre Channel switch on the market today can match the value found in the Sphereon 4500, such as:

* FlexPort Technology, which provides non-disruptive "connectivity on
demand," in 8-port increments;
* 24-port building block, which provides incremental connectivity for
50-percent more connectivity than competitive offerings, dramatically
reducing cost of ownership while assuring unparalleled ease of
scalability;
* HotCAT(TM), hot code load and activation, redundant power and cooling,
and hot-plug capable transceivers, providing the highest availability
in its class;
* Industry`s highest port density: 24 ports in 1u high (1.75") chassis,
which maximizes floor space;
* High performance, full 2Gb/s non-blocking performance on all 24 ports
with very low latency;
* Fibre Channel and loop connectivity, which makes it the ideal SAN
switch for storage consolidation, directly attaching disk or tape and
maximizing storage utilization;
* Single Enterprise OS (E/OS) provides a common operating system across
all McDATA Director and Switch products, which simplifies management
for customers and delivers seamless interoperability and backward
compatibility.


McDATA expects to achieve a 30-percent share in the mid-range fibre channel switch market, over time. "We`ve factored into our market share projections, the business problem we`re solving. Customers are concerned about cost of ownership, consolidation, scalability and extending intelligent networking far beyond simple connectivity," said Doug Rainbolt, vice president of switch products, McDATA. "Customers have been over-promised features that have never been delivered. McDATA will give these customers the options they`ve been looking for and enable the seamless migration from chaos to the simplicity of an intelligent storage infrastructure."

Industry`s Highest Availability, Most Cost-Effective SAN Switch - Extending McDATA`s Legacy

The Sphereon 4500 offers unprecedented value without compromising on performance or reliability. The Sphereon 4500 extends McDATA`s longstanding heritage of delivering industry-leading ultra high availability Directors and highly reliable fabric switches, but with unprecedented cost-effectiveness for the small-to-midsize market. No other similarly priced Fibre Channel SAN switch on the market today can match the Sphereon 4500`s high availability characteristics, "pay-as-you-grow" flexibility, port density and other standard features.

Unrivaled Flexibility

McDATA`s exclusive FlexPort Technology enables companies to reduce their initial SAN investment without compromising future scalability because the Sphereon 4500 is effectively three products in one: It can be purchased as an entry-level eight-port switch and upgraded with a software license key to a 16-port and 24-port solution. This all can be done non-disruptively and without installing a new switch: McDATA is the world`s only SAN switch vendor with this capability.

McDATA`s FlexPort Technology allows customers to buy only the ports they need, with additional connectivity "at their fingertips" versus going through a time-consuming buy cycle. The resulting SAN -- built with a larger 24-port building block -- is superior, in terms of fabric performance, cost-effectiveness, scalability and ease of management, than a SAN built using smaller port count switches. Customers gain the benefits of using bigger switches without having to pay up front for them.

Easiest to Deploy and Manage

Included with every Sphereon 4500 at no additional cost is McDATA`s latest SAN management software, SANpilot(TM), an all-new, easy-to-use, embedded, web-accessible management tool with a simple navigation Graphical User Interface (GUI). SANpilot is a powerful, comprehensive management software product that provides the user with all of the necessary features to manage small SAN fabrics, including:

* Fabric and topology views
* Zoning configuration
* Performance monitoring
* FlexPort configuration
* Health monitoring and fault isolation
* Online Help


"With the Sphereon 4500, McDATA has changed the way companies build and deploy storage networks," said McDATA President and Chief Executive Officer John Kelley. "This product delivers more features, performance, reliability, flexibility and cost savings than any other competitive offering on the market today. The addition of the Sphereon 4500 to our full family of core-to-edge SAN solutions truly solidifies McDATA`s place in a class of its own in the storage networking industry and supports McDATA`s commitment to defining, enabling and accelerating the migration to an intelligent infrastructure ... an infrastructure where IT becomes a profit center as opposed to a cost center."

Availability

The McDATA Sphereon 4500 is available today through all of McDATA`s resellers and systems integrators. McDATA anticipates its OEMs and master resellers, including EMC, Hitachi Data Systems and IBM, will make the Sphereon 4500 available to their end-user customers and channel partners, with the majority scheduled to launch in the fourth quarter of 2002.

WHAT THE INDUSTRY IS SAYING ABOUT THE SPHEREON 4500

Wake Forest University Baptist Medical Center

"If we were deploying our first SAN today, McDATA`s Sphereon 4500 is exactly what I`d want to build it with. Its compatibility with existing McDATA SAN products fully protects our current investment, it`s easy to deploy and manage, and the `pay-as-you-grow` feature ensures that customers buy only what they need," said Bob Massengill, technical services manager for Wake Forest University Baptist Medical Center. "The 4500 brings to the mid-range market the level of flexibility, reliability and performance we`ve come to expect from McDATA. It really is a great product."

Salem Group, Inc.

"As a McDATA Elite Platinum Partner, we are glad to see that McDATA has addressed the market`s arbitrated loop connectivity demand with a more robust solution than their competitors offer. The ability of the Sphereon 4500 to non-disruptively grow in port count with a simple software license key is a major differentiator for McDATA and a real benefit for customers," said Dave Rosenblatt, VP/Connectivity Specialist, Salem Group, Inc.

Lucent Technologies

"The Sphereon 4500 succeeds in bringing McDATA`s heritage of delivering industry-leading, high-end features and functionality to the small-to-midsize market. McDATA`s Sphereon 4500 will help break the barriers to SAN adoption by enabling scalable, high availability storage networking at an entry level price," said Joseph Mele, Vice President and General Manager of Lucent Technologies` Optical Edge and Network Management Business Unit. "Through our participation in the McDATA OPENready Interoperability Partner Program, we plan to continue our work with McDATA to deliver solutions that can combine the unique attributes of the Sphereon 4500 and Lucent products to enable reliable, high performance storage networking over distance."

EMC

"Flexible SAN switches are essential elements in allowing small-to-midsize customers to deploy cost-effective and scalable storage networks," said Paul Ross, EMC`s Director of Networked Storage Marketing. "McDATA`s Sphereon 4500 delivers the flexibility and reliability these customers need at a very affordable price."

MSI Systems Integrators

"Storage area networks can provide real business benefits in almost any IT environment," said Phil Sauvageau, executive vice president of products and services for MSI Systems Integrators, based in Omaha, Neb. "The McDATA Sphereon 4500 allows small to mid-sized IT environments the ability to implement SANs in very manageable and cost-effective increments. McDATA`s FlexPort technology allows you to buy what you need when you need it. Its support of loop and switched protocols allows for easy integration with both disk and tape devices. The inclusion of the SANpilot built-in web-based management software brings additional value by simplifying management tasks for IT staff. Also, when it comes to addressing scalability, the Sphereon 4500 is fully compatible with McDATA`s 6000 Series Intrepid Directors, which means customers are perfectly positioned to leverage their investment into an enterprise-wide SAN."

StorageTek

"Flexibility, cost-effectiveness and performance are the main requirements small-to-mid-size enterprise customers have in their storage networks, and McDATA`s Sphereon 4500 is designed from the ground up to meet these needs," said Tim Steadman, director of corporate alliances at StorageTek. "As an OPENready Interoperability Partner, StorageTek is closely aligned with McDATA and will continue to deliver disk and tape based SAN solutions that are compatible with and leverage the unique benefits of the Sphereon 4500."

Gartner, Europe

"The pay-as-you-grow concept of McDATA`s Sphereon 4500 allows customers to optimize their investments in SANs," said Josh Krischer, analyst at Gartner Inc. "Unused ports in switches are "dead capital" on which, in most of the cases, in addition to initial investments also monthly maintenance charges are paid. There is no reason to purchase "up-front" capacity because of the continuous price reduction. This scheme is similar to capacity on demand which some vendors use for servers and storage and will help the user to cope with the tighter IT budgets."

Hitachi Data Systems

"Hitachi Data Systems is pleased that McDATA`s Sphereon 4500 is available for the SAN switch market," said Robert Ward, senior director, Product Management. "When combined with Hitachi Freedom Storage Thunder 9200 systems, customers will be able to deploy industry-leading SAN solutions easily and cost effectively with industry leading flexibility and availability."

Yankee Group

"McDATA`s new Sphereon 4500 switch is a distinct and welcome addition to McDATA`s family of switches and directors," said Jamie Gruener, Senior Analyst, the Yankee Group. "This switch is uniquely suited for small and medium-sized businesses by being easy to manage as well as cost-effective. This announcement signifies McDATA`s aggressive new initiative into the workgroup SAN market and well positions McDATA for growth in this market segment."

IBM Microelectronics

"The Sphereon 4500 is based on a sophisticated IBM system-on-a-chip ASIC that integrates more than 22 discrete chips, including the SERDES, on to a single chip solution," said Bruce Beers, IBM vice president of IT marketing, IBM Microelectronics. "This 12 million gate IBM ASIC provides McDATA with cost advantages while delivering high end features to their midrange enterprise customers."

META Group

"Director-class features and functions incorporated within less expensive switch solutions with simplified deployment and robust management is driving the efficiencies and effectiveness of SAN attached storage resources into departmental and midsize data centers," said Carl Greiner senior vice president, Enterprise Data Center Strategies, META Group.

TidalWire

"The Sphereon 4500 brings TidalWire a powerful switch to meet our customers` requirements of flexibility, cost-effectiveness and investment protection from their storage networks. We are pleased to bring Sphereon technology to our reseller and integration partner customers who work in the SMB space," said Jeff Brandes, TidalWire president and CEO.

Bloor Research, Europe

"McDATA`s new entry level SAN products are very promising. The capacity on demand capability of the Sphereon 4500 provides high flexibility," said Tony Lock, senior analyst, Bloor Research. "Enterprises that do not need the full port count right away can start with the number of ports that they need and scale up as their requirements grow. In this way they can keep control of their costs and only pay for what they need, when they need it."

Macarthur Stroud International, Europe

"Businesses require systems that are `always on`. McDATA`s new switches enable users to build high availability storage networks across the enterprise. The scaleable range will enable users to implement networks today that can grow to meet their future needs," said Hamish E. Macarthur, Macarthur Stroud International.

Ashton, Metzler, and Associates

"Small and midsize businesses understand the limitations of direct-attached storage, mainly in terms of the complexity of management and the associated costs. Their challenge is two-fold: Which technologies make sense for them and which vendors make sense for them in a world that is rapidly changing," said Jim Metzler, Ashton, Metzler, and Associates. "Flexibility in a storage networking product is essential. As is the ability to allow a customer to cost effectively get started, allowing them to do the job today, but will allow them to, again, cost-effectively add capacity. That`s a key characteristic of effective scalability for any SAN solution."

META Group, Europe

"Small and medium enterprises require fibre channel based SANs to be flexible, scalable, and reliable. IT organizations are also looking for technologies providing clear benefits at reasonable prices," said Sean Derrington, Sr. Program Director with META Group in France. "Moreover, IT organizations will benefit from typically enterprise functions (e.g., port density, availability) in fibre channel switches moving down market."

Infonetics Research

"According to our research among end-users in North America, the adoption of storage interconnection products will be the highest among medium-sized organizations from 2002 to 2004. Products that are low cost and flexible will lead the way in this adoption," said Neil Osipuk, Directing Analyst at Infonetics Research.

Evaluator Group, Inc.

"The McDATA 4500 is a very scalable and affordable fibre channel switch solution that should be well received by Small-to-Medium Business enterprises," said Randy Kerns, analyst for the Evaluator Group, Inc. "The characteristics of simple web-based management interface to software on the switch, high performance with no compromises, scaling of 8, 16, and 24 ports, and the redundancy and availability characteristics seen in director-class products are right on target."

Aberdeen Group

"SANs aren`t only for the carriage trade any more," said Dan Tanner, Director of Storage Research at Aberdeen Group. "Small to medium enterprise SAN adoption will increase, spurred on by flexible, affordable, and simply manageable products like McDATA`s Sphereon 4500."

IDC, Europe

"Although storage networking is continuously progressing, SANs have been perceived as costly and complex. As such, many midrange enterprises have, so far, hesitated to move to Fibre Channel fabrics," says Claus Egge, Research Director IDC EMEA Storage Systems Research. "With the Sphereon 4500`s ability to allow for a pay as you grow approach as well as its relatively dense port count, McDATA is clearly addressing these issues. Midrange businesses are increasingly recognizing the benefits of the improvements to reliability and performance that Fibre Channel-based fabrics can bring. The growth of this market midrange segment will be stimulated by the price points and scalability of products such as the 4500."

LSI Logic

"LSI Logic works closely with McDATA as a strategic alliance partner to deliver industry-leading storage solutions with the performance and scalability required for businesses ranging from entry-level to the data center," said Joel McGill, alliance manager, LSI Logic Storage Systems, Inc. "As a technology leader in high performance, highly scalable storage solutions for the open enterprise, LSI Logic is excited that McDATA has released the Sphereon 4500 to deliver flexible and reliable connectivity to our mutual customers."

Comparex, Europe

"Companies in the small-to-midsize enterprise category require flexible, cost-effective storage networking solutions that will allow them to scale with growing requirements and keep current with emerging technologies," said Rupert Auer, Manager Product Marketing & Business Development at Comparex. "With the Sphereon 4500, McDATA is able to meet these customer requirements better than any other SAN switch vendor today."

DataCore

"McDATA`s introduction of the Sphereon 4500 addresses customer requirements for powerful, high availability SANs at entry-level prices," said Ken Horner, vice president of marketing at DataCore. "Combined with DataCore`s SANsymphony open storage networking platform, it makes for a cost-effective move from direct-attached storage to a consolidated and automated storage infrastructure."

XIOtech

"The Sphereon 4500 brings high-end features and functionality to the mid-range market. Its cost-effectiveness, flexibility and performance will help accelerate SAN adoption among small-to-midsize enterprises," said Dan McCormick, vice president of worldwide marketing for XIOtech. "XIOtech is committed to providing businesses with cost-effective, adaptive networked storage, enabling IT and business agility. Through our participation in the McDATA OPENready Interoperability Partner Program, we plan on continuing to work with McDATA to deliver these types of solutions to customers."

BASF IT Services

"Our storage needs are constantly changing, both in terms of size and technical requirements. That`s why it`s absolutely critical that our storage network is scalable, flexible and highly reliable. We`ve found that McDATA, with its Sphereon 4500 Fabric Switch, can both meet and exceed those needs," said Christian Popp, SAN Architect at BASF IT Services. "Not only can the Sphereon 4500 be implemented without causing disruption, but its handling and management meet the same high standards we know from the other McDATA devices in our network. The Sphereon 4500 provides a high level of functionality, scalability and flexibility which is a key to us being able to do business successfully."

Enterprise Storage Group

"The 4500 rips the costs in half, bringing high-end features to the midrange market, and offers `buy what you need, not what you don`t` flexibility," said Steve Duplessie, analyst for the Enterprise Storage Group. "What`s not to like?"

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra high-availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and director, switch and software markets, competition in the storage area network and director, switch and software markets (including competitive pricing pressures), one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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Source: McDATA Corporation

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McDATA`s Intrepid 6140 Director Earns Overwhelming Customer Praise and Recognition as the Industry Standard
Wednesday October 16, 10:15 am ET


BROOMFIELD, Colo., Oct. 16 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra high-availability storage networking solutions, today announced it has received overwhelmingly positive responses to its recently announced Intrepid(TM) 6140 Director. Companies that have deployed McDATA`s ultra high-availability, 140-port Director have enjoyed a flexible, secure solution that provides significant returns on their investments, industry-leading port density, improved application performance, simplified management of their storage networks, and a protocol-independent design that ensures a future-proof SAN that seamlessly integrates emerging technologies.
ADVERTISEMENT


The Intrepid 6140 is complementary to McDATA`s widely deployed 64-port Intrepid 6064, providing Director-class connectivity attributes to larger SANs and mainframe FICON deployments requiring hundreds or even thousands of ports. Thousands of McDATA Intrepid 6140 and 6064 Directors have been deployed in the world`s largest data centers to ensure business continuity, minimize risk and protect investments, simplify deployment of storage networks, and provide the ultimate platform for unrivaled scalability and flexibility.

Kindred Healthcare Inc.

Based in Louisville, Kentucky, Kindred Healthcare employs about 53,000 people who care for more than 34,000 patients and residents each day. As a healthcare provider, Kindred is required to comply with the federal Health Insurance Portability and Accountability Act (HIPAA). HIPAA, in part, requires healthcare organizations to retain certain patient records for long periods of time, which significantly adds to the volume of stored data, sometimes straining IT budgets.

To meet HIPAA compliance requirements while mitigating the resulting rise in IT costs, Kindred has begun an aggressive storage centralization process. Key to that process is Kindred`s investment in storage area networking (SAN) technology. The company has standardized on McDATA SAN solutions and has recently deployed McDATA`s new Intrepid 6140 Director to meet the company`s business requirements, as well as its IT requirements of scalability, availability and performance.

"We have close to 600 fibre channel ports on our data center floor, and they`re all connected through McDATA Directors. We`re seeing fairly rapid growth through centralization, normal business growth and acquisitions, and we`re having to scale our SAN to keep up," said Jim Borden, corporate manager of storage management at Kindred Healthcare. "McDATA`s Intrepid 6140 is an ideal core building block for us to scale our infrastructure without having to compromise on connectivity. It gives us the ultra high-availability characteristics we require with the high port count that will allow us to keep pace with rapid growth."

McDATA is committed to helping customers unleash the power of their information. This is realized by defining, enabling and accelerating the migration to an intelligent infrastructure.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, high-availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and director, switch and software markets, competition in the storage area network and director, switch and software markets (including competitive pricing pressures), one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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Source: McDATA Corporation

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McDATA`s SANavigator Improving Business Efficiencies and Lowering Costs for Companies Around the World
Wednesday October 16, 10:30 am ET


BROOMFIELD, Colo., Oct. 16 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra high-availability storage networking solutions, today announced that its award-winning SANavigator® storage network management software is lowering IT costs and improving business efficiencies for companies of all sizes, including Boeing Company, Pier 1 Imports, St. John`s Health System and Bank of New York.
ADVERTISEMENT


SANavigator greatly simplifies storage network management and ensures that a customer`s SAN is performing optimally, improving reliability, maximizing resources and ensuring a greater return on investment (ROI). This efficient, open-system platform provides a comprehensive, intuitive set of management tools, allowing IT administrators to optimize the capabilities of their storage networks while automating many of the day-to-day management tasks.

"McDATA`s SANavigator is committed to delivering customers an open, standards-based storage network management platform, which is a key component in the migration to an intelligent storage infrastructure," said Robert Wright, McDATA vice president and SANavigator Inc. general manager. "As a leader in implementing a CIM-based architecture with the release of SANavigator 3.0, we are continuing to work with CIM provider companies to fully develop and evolve the Bluefin specification and provide more robust CIM support within our application."

SANavigator 3.1 is the latest line in McDATA`s suite of storage management software. SANavigator addresses the entire lifecycle of a SAN, from fabric planning and device discovery to storage network management and policy-based automation. SANavigator is another example of McDATA`s commitment to providing customers technology that allows for maximum flexibility, reliability, resource optimization, and cost efficiency.

The Boeing Company

The world`s leading aerospace company with 2001 revenues of $58 billion, Boeing maintains a corporate data center in Mesa, Ariz., where the company operates a complex, multi-vendor SAN comprised of Directors, fibre channel switches, HBAs and servers. As is common at most corporations today, the IT staff is dealing with budgetary constraints while the amount of data they`re required to manage constantly increases.

In order to deal with this complexity, Boeing needed a comprehensive, easy-to-use SAN management tool with the ability to support multi-vendor fabrics was necessary. Boeing evaluated several products on the market but chose McDATA`s SANavigator for its comprehensive management capabilities such as performance monitoring, asset management and policy-based notifications.

Since its implementation, SANavigator has saved Boeing approximately $340,000, by streamlining management of the storage network and preventing unnecessary purchases.

"Instead of purchasing more switches, HBAs and other equipment because we thought we had reached the capacity of our current infrastructure, SANavigator provided us a detailed view into our network and showed us where we could make adjustments in order to optimize our current resources," said Margo White, systems administrator at Boeing. "Also, the time it takes to administer our SAN environment has been cut in half, from 10 hours per week to less than five hours a week using SANavigator."

The Boeing SAN employs an ultra high-availability McDATA Intrepid 6064 Director and four 16-port switches. Currently, the SAN is not configured as a true fabric; instead, the Director is used to provide bulletproof connectivity to mission-critical information, while the switches are used to provide connectivity to the data center`s tape storage. IT managers at Boeing have plans to migrate the current SAN configuration into a true fabric, with the McDATA Intrepid Director at the core and the switches at the edge. SANavigator will provide Boeing unprecedented levels of fabric management once this multi-vendor fabric is achieved.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra high-availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and director, switch and software markets, competition in the storage area network and director, switch and software markets (including competitive pricing pressures), one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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Source: McDATA Corporation

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McDATA Achieves Profitability in Third Quarter 2002
Thursday October 17, 4:08 pm ET


BROOMFIELD, Colo., Oct. 17 /PRNewswire-FirstCall/ -- McDATA Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra- high availability storage networking solutions, today reported revenue results of $80.9 million for its third quarter ended September 30, 2002, reflecting 4.8 percent sequential growth and a 6.5 percent year-over-year decrease. The company reported GAAP net income of $2.3 million, or diluted earnings per share (EPS) of $0.02 for the third quarter of 2002. GAAP results include approximately one cent per share resulting from an R&D tax credit for 2001. On a pro forma basis, net income for the third quarter totaled $2.1 million, or $0.02 per diluted share. This is an improvement over the company`s pro forma second quarter 2002 net loss of $(2.6) million, or $(0.02) per share and compares with pro forma third-quarter 2001 net income of $3.0 million, or $0.03 per share on a diluted basis. Third quarter earnings results exceeded Wall Street consensus estimates and the company`s recently updated guidance. McDATA`s third quarter pro forma results exclude non-cash charges related to deferred compensation and amortization related to intangible SANavigator® assets. Additionally, pro forma results exclude the positive impacts of certain previously reserved 1 gigabit per second (Gb/s) inventory that was sold in the quarter and of a reconciliation of vendor invoices. A reconciliation of reported and pro forma results is included in the attached financial statements.
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"I am exceptionally proud of the fact that McDATA was able to achieve net profit in spite of the difficult economic environment. The management team has done a tremendous job of containing costs and capitalizing on opportunities to gain efficiencies," said John Kelley, McDATA`s CEO and president. "We are pleased with these results and are excited about the potential of our recently announced products -- the Sphereon(TM) 4500, the Intrepid(TM) 6000 Series 140-port Director, and the latest version of our award-winning fabric management software, SANavigator 3.1. Overall, we are encouraged by the continued demand for our high ROI SAN products."

Third Quarter Details

McDATA`s revenue from products totaled $69.9 million in the third quarter, a four percent increase versus the previous quarter, and an eight percent decrease from the same period in 2001. Normalizing for the sale of the HBA business (excluding HBAs from third quarter 2001), product revenue would have decreased only one percent year-over-year. Director-class revenues grew seven percent sequentially, and switch revenues grew three percent versus the previous quarter. Revenue from software and professional services was $8 million, a 23 percent quarter-over-quarter increase and a 30 percent increase from third quarter 2001. Other revenue was $3.1 million, down from $4.5 million a year ago. On a channel basis, McDATA`s largest customer, EMC, represented 56 percent of total revenue in the third quarter of 2002, compared with 50 percent in the prior sequential quarter; IBM accounted for 20 percent, down from 29 percent in the prior quarter; and other OEMs, resellers and systems integrators represented 23 percent, compared with 19 percent in the prior quarter.

Pro forma gross margins were 48.8 percent for the third quarter of 2002, which was higher than the company`s previous guidance and a significant improvement over the 44.1 percent gross margins achieved in the second quarter of 2002. This better-than-expected margin reflects continued manufacturing efficiencies, and increased software sales. Additionally, pro forma operating costs for the third quarter of 2002 were flat versus the previous quarter. As a percentage of revenue, operating costs were down 2.5 points sequentially.

"The gross margin performance was the result of a real focus on cost containment, increased manufacturing efficiencies, and higher margin product mix," said Kelley. "We continue to make progress on improving operational performance and the results are falling through to the bottom line."

Key Third Quarter Accomplishments

In the third quarter of 2002, McDATA expanded its product portfolio by launching several groundbreaking products. The company also unveiled the most comprehensive security solutions on the market and celebrated its twenty-year anniversary. Highlights include the following:

-- McDATA announced the availability of its revolutionary new switch, the
Sphereon 4500, on October 16. The world`s only 24-port SAN switch,
the Sphereon 4500 offers the highest port density in the industry and
delivers "connectivity on demand" in 8-port increments through
McDATA`s exclusive FlexPort Technology. The Sphereon 4500 is
effectively three products in one -- it can be purchased as an
entry-level 8-port switch, and upgraded non-disruptively with a
software license key to a 16-port or 24-port solution. The 4500
delivers both Fibre Channel and loop connectivity, making it the ideal
SAN switch for storage consolidation, directly attaching disk or tape
and maximizing storage utilization. Completely interoperable with
McDATA`s entire core-to-edge family of SAN solutions, the 4500
provides the industry`s highest levels of flexibility, scalability and
McDATA`s renowned high availability making SANs a reality for
small-to-midsize enterprises.

-- On October 1, McDATA announced the worldwide availability of the
Intrepid 6000 Series 140-port Director. The Intrepid 6140 Director is
a complement to the existing 64-port Director, providing Director-
class connectivity attributes to larger SANs and mainframe FICON
deployments requiring hundreds and even thousands of ports. The
Intrepid 6140 delivers industry-leading port density, ultra high
availability and protocol independent design. The customer-driven,
common architecture of the Intrepid 6140 is completely backwards
compatible with McDATA`s entire core-to-edge SAN product family. This
powerful SAN platform will also facilitate and accelerate the
migration from ESCON to FICON.

-- In September, IBM and Hitachi Data Systems qualified McDATA`s Intrepid
6000 Series 140-port Director.

-- McDATA announced a security strategy to address customer demand. The
Company released the SANtegrity(TM) Security Suite of security
solutions for SANs. This security solution is open, aligns with
existing security standards in the IT environment, integrates with
implemented security policies and is easy to deploy and manage.

-- In August, McDATA celebrated twenty years of innovation, integrity and
success, and marked two decades of technology leadership in the
storage networking industry.


"McDATA`s innovative solutions have withstood the test of time and continue to provide the flexibility and value that our customers need to leverage information and maximize bottom-line profits," said Jack McDonnell, McDATA`s chairman. "Our vision is to enable our customers to migrate to an intelligent infrastructure that provides businesses with improved asset management, rapid application deployment and an accelerated return on their investment. McDATA will continue to bring to market comprehensive core-to- edge solutions to provide customers a proven, investment-protected platform upon which to scale and manage their storage networking fabrics."

McDATA will hold a conference call to discuss third quarter 2002 results today, October 17th, at 3:00 p.m. MT. The conference call will be simultaneously Web cast on the company`s Web site, and archived for future review. The Web cast presentation will include slides containing additional detailed information of interest to investors.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra-high availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre- tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to complete the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as 2 Gb/s and higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA CORPORATION
CONDENSED REPORTED CONSOLIDATED INCOME STATEMENTS
(in thousands, except per share data)
(unaudited)

Three Months Ended Nine Months Ended
September 30, September 30,
2001 2002 2001 2002

Revenue $86,600 $80,941 $250,924 $222,738
Cost of revenue 63,787 38,361 156,552 131,176
Gross profit 22,813 42,580 94,372 91,562

Operating expenses:
Research and development 13,411 15,631 34,863 43,475
Selling, general and
administrative 23,237 24,758 61,020 76,726
Acquired in-process research &
development and other
acquisition costs 9,291 -- 9,291 --
Amortization of deferred
compensation 1,729 2,217 5,111 6,501
Operating expenses 47,668 42,606 110,285 126,702

Loss from operations (24,855) (26) (15,913) (35,140)
Interest and other income, net 3,296 1,762 11,676 5,639
Income (loss) before income
taxes (21,559) 1,736 (4,237) (29,501)
Income tax benefit (7,977) (607) (1,568) (10,915)
Net income (loss) $(13,582) $2,343 $(2,669) $(18,586)

Basic net income (loss)
per share $(0.12) $0.02 $(0.02) $(0.16)
Shares used in computing
basic net income (loss)
per share 111,658 113,280 111,226 113,026

Diluted net income (loss)
per share $(0.12) $0.02 $(0.02) $(0.16)
Shares used in computing
diluted net income (loss)
per share 111,658 116,295 111,226 113,026


CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
(unaudited)

December 31, September 30,
2001 2002
Assets
Cash and short-term investments $216,152 $216,835
Accounts receivable, net 43,805 45,852
Inventories, net 24,845 11,223
Other current assets 31,748 34,084
Total current assets 316,550 307,994
Property and equipment, net 40,838 102,845
Long-term investments 94,849 78,543
Other assets, net 61,716 39,275
Total assets $513,953 $528,657

Liabilities and Stockholders` Equity
Current liabilities $43,373 64,501
Obligations under capital leases and other 789 1,865
Stockholders` equity 469,791 462,291
Total liabilities and stockholders` equity $513,953 $528,657


McDATA CORPORATION
CONDENSED PROFORMA CONSOLIDATED INCOME STATEMENTS (Note 1)
(in thousands, except per share data)
(unaudited)

Three Months Ended Nine Months Ended
September 30, September 30,
2001 2002 2001 2002

Revenue $86,600 $80,941 $250,924 $222,738
Cost of revenue (Note 1) 49,206 41,480 140,979 120,590
Gross profit 37,394 39,461 109,945 102,148

Operating expenses:
Research and development 13,411 15,631 34,863 43,475
Selling, general and
administrative (Note 1) 22,864 24,279 60,647 73,383
Acquired in-process research &
development and other
acquisition-related costs (Note 1) -- -- -- --
Amortization of deferred
compensation (Note 1) -- -- -- --
Operating expenses 36,275 39,910 95,510 116,858

Income (loss) from operations 1,119 (449) 14,435 (14,710)
Interest and other income, net 3,296 1,762 11,676 5,639
Income (loss) before income
taxes 4,415 1,313 26,111 (9,071)
Income tax expense (benefit)
(Note 1) 1,457 (824) 8,617 (4,355)
Net income (loss) $2,958 $2,137 $ 17,494 $(4,716)

Basic net income (loss)
per share $0.03 $0.02 $0.16 $(0.04)
Shares used in computing basic
net income (loss) per share 111,658 113,280 111,226 113,026

Diluted net income (loss)
per share $0.03 $0.02 $0.15 $(0.04)
Shares used in computing
diluted net income (loss)
per share 114,078 116,295 116,288 113,026


Note (1) - The condensed pro forma consolidated income statements for all
periods presented are for illustrative purposes only and are not prepared
in accordance with generally accepted accounting principles. These pro
forma statements show the operating results of the Company, excluding the
following items:


Three Months Ended Nine Months Ended
September 30, September 30,
Pro forma Adjustments 2001 2002 2001 2002

Inventory-related charge
(benefit) $14,680 $(2,463) $14,680 $10,367
Acquired in-process research
& development and other
acquisition-related costs 9,291 -- 9,291 --
Termination of synthetic lease -- -- -- 1,250
Reconciliation of vendor invoices (838) (838)
Other -- -- -- 1,121
Amortization of SAN intangible
assets -- 525 -- 1,575
Deferred compensation 2,003 2,353 6,376 6,955
Subtotal 25,974 (423) 30,347 20,430
Income tax (9,434) 217 (10,184) (6,560)
After-tax impact of pro forma
adjustments $16,540 $(206) $20,163 $13,870

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--------------------------------------------------------------------------------
Source: McDATA Corporation

[zocku]

McDATA Strengthens Asian Presence
Monday October 28, 8:01 am ET
McDATA Expands Asian Coverage With Opening of Singapore Office


SINGAPORE, Oct. 28 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open ultra high-availability storage networking solutions, has expanded its market in Asia with the opening of ASEAN regional office in Singapore.
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"With the opening of a new office in Singapore, we can provide even more comprehensive support to our partners, system integrators and customers in the ASEAN region," said Bunji Kawanishi, general manager, Asia Pacific, McDATA.

McDATA`s products are available in Singapore through partnerships with EMC, Hitachi Data Systems, Hewlett-Packard Company and IBM.

McDATA`s product portfolio of hardware, software and services includes the 2Gb/s Sphereon 3000 and 4000 Series Sphereon(TM) Fabric Switches featuring McDATA`s exclusive FlexPort Technology, the Intrepid 6000 Series Directors and McDATA`s award-winning SANavigator® software.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, high- availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre- tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and director, switch and software markets, competition in the storage area network and director, switch and software markets (including competitive pricing pressures), one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward- looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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--------------------------------------------------------------------------------
Source: McDATA Corporation

[panik]

McDATA`s Intrepid 6140 and Sphereon 4500 Available Worldwide Through IBM
Monday November 25, 8:01 am ET


BROOMFIELD, Colo., Nov. 25 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra high-availability storage networking solutions, today announced the availability of two new switches to IBM. Beginning today, IBM can deliver to its customers McDATA`s entire core-to-edge family of storage networking solutions, including the recently announced Sphereon(TM) 4500 Fabric Switch and the Intrepid(TM) 6140 Director.
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The Sphereon 4500 and Intrepid 6140 Director surpass all solutions currently available on the market in terms of affordability, scalability and ease of use. Specifically, the Sphereon 4500 Fabric Switch is the world`s most flexible and cost-effective fibre channel SAN switch. The Sphereon 4500 is designed from the ground up to address the needs of small to medium enterprises and can be readily expanded to meet future needs, through McDATA`s exclusive FlexPort Technology. Similarly, the Intrepid 6140 Director is the industry`s only 140 port, 2 Gb/s Director, providing maximum resource utilization without compromising future flexibility and overall ROI.

"The implementation and use of the McDATA`s storage infrastructure has been an extremely positive experience for us," stated Mark Swaim, manager of technical services for Brown and Williamson Tobacco. "The flexibility, scalability and long-term cost savings of the McDATA SAN are unparalleled. Along with value, we also wanted the best technology available and McDATA`s solutions address all of these issues."

"IBM is pleased to be working with vendors such as McDATA to deliver an entire SAN infrastructure to our customers. With solutions such as the Sphereon 4500 and the Intrepid 6140, we can meet our customers needs for a flexible and cost-effective storage networking solution," stated Roland Hagan, vice president of mid market and midrange products, IBM Storage Systems Group. "We look forward to continuing to work with McDATA and delivering storage solutions to our customers."

Customers are reporting the following benefits from the implementation of McDATA`s Sphereon 4500 Fabric Switch and the Intrepid 6140 Director:

Meeting business continuance goals;
Maximizing ROI;
Improving resource utilization;
Industry-leading flexibility and scalability;
Simple, fast deployments;
Unparalleled reliability.
"McDATA`s Intrepid 6140 Directors and Sphereon 4500 Fabric Switches will enable our customers to deploy highly available, scalable, flexible and cost- effective storage networks," said Chris Pyle, president of Champion Solutions Group. "McDATA is the obvious choice when a customer requires ultra-high availability in an easy-to-deploy and manage enterprise SAN."

"The introduction of the Sphereon 4500 and the Intrepid 6140 Director demonstrates our customer commitment to provide maximum value in both technology and service," stated John Kelley, CEO and president of McDATA. "We continue to define, enable and accelerate our customers` migration to an intelligent infrastructure."

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra-high availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and director, switch and software markets, competition in the storage area network and director, switch and software markets (including competitive pricing pressures), one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Make Your Opinion Count - Click Here




--------------------------------------------------------------------------------
Source: McDATA Corporation

[panik]

9:37AM Cisco Systems getting rave reviews for storage switch (CSCO) 14.58 +0.15: An article posted on Byte & Switch yesterday (the storage publication of Light Reading) reports that Reliant Energy is very impressed with its beta test of Cisco`s new fibre channel switch, and may even switch over to Cisco entirely; Reliant currently uses MCDT and BRCD switches. The article says that CSCO will begin shipping the switches before year-end.

[wutank]

http://www.byteandswitch.com/document.asp?doc_id=25367

McData Fans Out
In the past month, McData Corp. (Nasdaq: MCDTA - message board) has secured Storage Technology Corp. (StorageTek) (NYSE: STK - message board) as a reseller and expanded its distribution agreements with IBM Corp. (NYSE: IBM - message board) and TidalWire Inc. (see StorageTek Resells McData, IBM Carries McData`s Full Line, and TidalWire to Distribute McData).


The deals broaden McData`s distribution channels at an especially critical time. Cisco Systems Inc. (Nasdaq: CSCO - message board) is getting ready to charge into the market with both barrels blazing, but it has yet to officially seal distribution agreements with any storage OEMs. Some analysts note that Cisco could go to market primarily with a direct model (see Storage OEMs Warm Up to Cisco).

Meanwhile, McData`s chief existing competitor, Brocade Communications Systems Inc. (Nasdaq: BRCD - message board), has been thrown off balance from a combination of layoffs, executive departures, and diminished revenue expectations (see Market Spanks Brocade Hard).

Fibre Channel switches are almost entirely distributed via storage OEMs or other reseller channels, which means such partnerships are vitally important. McData`s full line of products is now carried by all the major server and storage array vendors except for Sun Microsystems Inc. (Nasdaq: SUNW - message board). Both EMC Corp. (NYSE: EMC - message board) and Hewlett-Packard Co. (NYSE: HPQ - message board) are OEMs, and Dell Computer Corp. (Nasdaq: DELL - message board) resells the EMC versions of the McData switches under its agreement with EMC. Hitachi Data Systems (HDS), IBM, and StorageTek are McData resellers.

For McData, its recent deal with StorageTek -- which had previously resold Brocade switches exclusively -- is especially savory. Pierre Cousin, VP and general manager of StorageTek`s storage networking business group, says the company signed a reseller agreement with McData because McData has a more entrenched position in director-class switches than Brocade.

"We don`t want to just have an exclusive relationship with Brocade," he says. "It`s not in line with our strategy, which is to provide solutions and be switch agnostic... With the exclusive relationship, I wasn`t comfortable when a customer asked me to integrate McData or Inrange Technologies Corp. [Nasdaq: INRG] switches."

In addition, Cousin says, Brocade`s high-availability features for the SilkWorm 12000 "are still not there," which spurred StorageTek to offer McData`s director switches.

Brocade is "working hard to have a very strong enterprise platform," he says. "They have additional features on the roadmap for next year, but I think in some cases McData is still ahead." EMC and IBM have expressed similar reservations to their channel partners about the SilkWorm 12000 (see EMC`s Caveats on Brocade 12000 and IBM on Brocade`s 12000: Not Quite).

However, Cousin says, Brocade remains StorageTek`s "preferred vendor" for Fibre Channel switches. He adds that Brocade`s midrange switches are the best in the business, while it`s still too soon to tell how well McData`s new offering in this space, the Sphereon 4500, will fare (see McData Lowers Boom on Brocade).

"McData has never been successful in [the midtier] market, so we`re still very cautious with them in this product range," he says. "Clearly the Brocade switch offering is the best solution on the market for the midrange."

But Jeff Brandes, president and CEO of TidalWire, a storage networking distributor based in Westborough, Mass., says his customers have shown "a good bit of interest" in McData`s 4500. TidalWire, which acquired McData`s host bus adapter inventory in May 2002, also offers Brocade and QLogic Corp. (Nasdaq: QLGC - message board) switches (see McData Ditches HBAs).

"Resellers and storage integrators are much more capable of picking up some of the smaller installations with McData`s midrange Fibre Channel switches," he says.

— Todd Spangler, US Editor, Byte and Switch
http://www.byteandswitch.com

[panik]

McDATA Receives Decision on Motion for Preliminary Injunction
Monday December 9, 8:01 am ET


BROOMFIELD, Colo., Dec. 9 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra high-availability storage networking solutions, today announced that its requested motion for preliminary injunction against Brocade Communications, for infringement of McDATA`s United States Patent No. 6,233,236 B1, a Method and Apparatus for Measuring Traffic Within a Switch, was denied by the United States District Court for the District of Colorado on December 6, 2002.
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The decision by the Court, dealt only with McDATA`s request that the Court preliminarily enjoin -- until the matter is resolved by a full trial -- Brocade`s distribution of certain software applications that implement the technology in certain Brocade switches that McDATA alleges infringe its patent.

The Court cautioned that its findings are provisional, "and are not binding on the parties at trial." The Court confirmed that McDATA`s request for preliminary injunctive relief is an extraordinary remedy that can be granted only where the right to such relief is clear and unequivocal. Further, the Court stated that while Brocade only had to raise a substantial question about its defenses to avoid an injunction, Brocade would bear the burden of proving its defenses at the trial.

McDATA believes that the evidence presented during the five-day preliminary injunction hearing demonstrates that McDATA is likely to ultimately prevail, after a full trial, on its claim that Brocade`s "Frame Filtering" technology infringes McDATA`s patent.

In reaching its ruling that a preliminary injunction would not be issued before the full trial in this case, the Court made no ruling on the patent issues in the case. Instead, the Court ruled only that a provision in a 1998 contract between McDATA and Brocade might be construed to prevent McDATA from bringing this patent infringement case against Brocade. The Court acknowledged, however, that McDATA was not able to present all of its evidence on the contract issue during the preliminary injunction hearing. McDATA believes that following a full trial on this issue, the contractual provision at issue will be deemed to be unrelated to McDATA`s patent infringement claims in this case and that it will have no effect on McDATA`s lawsuit against Brocade.

The Court has not yet set a date for a trial in this case.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra-high availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre- tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and director, switch and software markets, competition in the storage area network and director, switch and software markets (including competitive pricing pressures), one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.




--------------------------------------------------------------------------------
Source: McDATA Corporation

[panik]

Hitachi Data Systems Announces Availability of McDATA`s Intrepid 6140 and Sphereon 4500
Tuesday December 10, 8:01 am ET
Hitachi Data Systems Customers Worldwide Can Now Benefit From the SAN Industry`s Most Innovative Product Set


BROOMFIELD, Colo., Dec. 10 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra-high availability storage networking solutions, announced today the worldwide availability of McDATA`s entire core-to-edge family of storage networking solutions, including its Sphereon(TM) 4500 Fabric Switch and Intrepid(TM) 6140 Director, through Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd (NYSE: HIT - News). As part of an existing reseller agreement, McDATA`s newest products are now available with Hitachi Freedom Storage(TM) Series systems, allowing Hitachi Data Systems` customers to enjoy industry-leading flexibility, investment protection and ultra-high availability.
"Hitachi Data Systems is pleased to work with McDATA to provide our customers with this end-to-end SAN infrastructure solution," said Scott Genereux, vice president, Global Marketing and Business Development for Hitachi Data Systems. "Working closely with partners is part of our TrueNorth(TM) strategy to continue to meet our customers` demands for flexible and cost-effective storage networking solutions. We look forward to continuing our successful relationship with McDATA and delivering complete networked storage solutions to our customers."

Companies that already have implemented the Sphereon 4500 Fabric Switch and Intrepid 6140 Director into their storage infrastructures have reported the following benefits:

* Business continuance goals met or exceeded;
* Maximized ROI;
* Improved resource utilization;
* Flexible and scalable solutions;
* Simple, fast deployment;
* Unparalleled reliability.


The Sphereon(TM) 4500 and Intrepid 6140 Director surpass all solutions currently available on the market in terms of affordability, scalability and ease of use. Specifically, the Sphereon 4500 Fabric Switch is the world`s most flexible and cost-effective fibre channel SAN switch. The Sphereon 4500 is designed from the ground up to address the needs of small-to-medium enterprises and can be readily expanded to meet future needs. Similarly, the Intrepid 6140 Director is the industry`s only 140 port, 2 Gb/s Director, providing maximum resource utilization without compromising future flexibility and overall ROI.

"The Sphereon 4500 and the Intrepid 6140 Director, combined with our relationships with partners such as Hitachi Data Systems, extend McDATA`s ability to address our customers` requirements and provide them with the absolute maximum value in both technology and service. More specifically, the Sphereon 4500 compliments Hitachi Data Systems` new Thunder 9500 modular storage array by offering HDS customers a means to add storage and port capacity on demand, without disruption to their business," said McDATA Senior Vice President of Worldwide Marketing Mike Gustafson. "To that end, we continue to define, enable and accelerate our customers` migration to an intelligent infrastructure."

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra-high availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and director, switch and software markets, competition in the storage area network and director, switch and software markets (including competitive pricing pressures), one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.




--------------------------------------------------------------------------------
Source: McDATA Corporation

[panik]

McDATA Announces EMC`s Addition of Intrepid 6140 Director and Sphereon 4500 Switch
Monday December 16, 8:00 am ET


BROOMFIELD, Colo., Dec. 16 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - News, MCDT - News) -- the worldwide leader in open, ultra-high availability storage networking solutions, announced that effective today, EMC Corporation (NYSE: EMC - News) has added McDATA`s Intrepid(TM) 6140 Director (EMC Connectrix ED-140M) and Sphereon(TM) 4500 Fabric Switch (EMC Connectrix DS-24M2) to the EMC Automated Networked Storage solution offerings.
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Customers want cost-effective, reliable storage networks that easily scale as their businesses grow. McDATA`s core-to-edge suite of storage solutions meets and exceeds those requirements through a combination of best-of-breed products that offer a strong value proposition for large enterprises and small to mid-size enterprises (SME).

"EMC is focused on helping organizations of all sizes to better manage, protect and share their information. Providing customers with scalable solutions around which they can build end-to-end networked storage infrastructures -- including SAN, NAS and CAS (content addressed storage) -- is a key to success," said Paul Ross, EMC`s Director of Networked Storage Marketing. "These two products greatly strengthen EMC`s ability to meet customers` needs for flexible and cost-effective storage networking solutions."

McDATA`s Sphereon(TM) 4500 and Intrepid 6140 Director surpass all solutions currently available on the market in terms of affordability, scalability and ease of use. Specifically, the Sphereon 4500 Fabric Switch is the world`s most flexible and cost-effective fibre channel SAN switch. It is designed from the ground up to address the needs of small to medium enterprises and can readily be expanded to meet future needs. Similarly, the Intrepid 6140 Director is the industry`s only 140 port, 2Gb/s Director, providing maximum resource utilization without compromising future flexibility and overall ROI.

"McDATA is committed to defining, enabling and accelerating our customers` migration to an intelligent infrastructure," stated John Kelley, CEO and President of McDATA. "The introduction of McDATA`s newest set of products and our continued relationship with EMC further demonstrates our focus on providing industry-leading technology and service that delivers maximum value to the customer."

McDATA`s Intrepid(TM) 6140 Director and Sphereon(TM) 4500 Fabric Switch have been qualified as E-Lab Tested, signifying full interoperability with EMC information storage systems and enabling customers to deploy heterogeneous storage networks, quickly, reliably and cost-effectively. EMC conducts the industry`s most comprehensive testing in its E-Lab, assuring customers the highest level of interoperability assurance. EMC`s E-Lab Tested qualification process is a series of exhaustive functionality and reliability tests to ensure the interoperability of all components that make up a multi-vendor information storage network.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra-high availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes", "belief", "expects", "plans", "objectives", "estimates", "anticipates", "intends", "targets", or the like to be uncertain and forward- looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and director, switch and software markets, competition in the storage area network and director, switch and software markets (including competitive pricing pressures), one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.




--------------------------------------------------------------------------------
Source: McDATA Corporation

[panik]

McDATA Raises Preliminary Revenue and EPS Guidance for Fourth Quarter 2002; Expects Record Revenue
Monday January 6, 8:03 am ET


BROOMFIELD, Colo., Jan. 6 /PRNewswire-FirstCall/ -- McDATA® Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra high-availability storage networking solutions, today revised upward its fourth-quarter preliminary revenue and earnings per share (EPS) guidance. McDATA currently expects revenue to be in the range of $104 to $106 million in the fourth quarter, compared with previous guidance of $84 to $86 million, and 2001 fourth-quarter revenue performance of $93.5 million. As a result of the higher-than-expected revenue, the company now expects improved pro forma EPS for the fourth quarter in the range of $0.06 to $0.08, excluding non-cash deferred compensation and amortization charges. This compares with previous guidance of breakeven to $0.01, and pro forma 2001 fourth-quarter results of $0.03. Also, the company now expects to be profitable on a pro forma basis for the full year 2002. On a reported, or GAAP basis, EPS are expected to be in a range of $0.05 to $0.07 for the fourth quarter, compared to reported EPS of $(0.05) in the 2001 fourth quarter.
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"McDATA`s preliminary fourth-quarter performance reflected a very strong ramp-up in orders for our recently introduced new products and strong demand across all channels. Revenue for both the Intrepid(TM) 6000 Series 140-port Director and the Sphereon 4500 fabric switch was more than double our expectations for the fourth quarter," said John Kelley, CEO and president of McDATA. "McDATA`s solutions have been developed with our customers` needs in mind. Our ultra high-availability Director products along with our Sphereon 4500 comprise the best SAN solutions for all customers, including a new set of small and medium sized enterprises. McDATA remains committed to our vision of an organization focused on increasing value and service for our customers. Although we believe we benefited from some year-end seasonal strength, it is clear that McDATA has gained market share. While we expect typical industry seasonality in the first quarter of 2003, we have seen continued demand early in January."

McDATA will report its fourth-quarter 2002 results on January 23, 2003, when the company will discuss its results in detail and provide additional information on first quarter guidance.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra-high availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes", "belief", "expects", "plans", "objectives", "estimates", "anticipates", "intends", "targets", or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to quickly integrate SANavigator and ramp sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to complete the manufacturing review plan and the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturer, our ability to expand our product offerings and any transition to new products (such as higher port count products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the impact and uncertainty of typically having most of the sales volume occur in the last month and a significant amount in the last two weeks of the fiscal quarter, the development of the storage area network and switch markets, competition in the storage area network and switch markets, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.




--------------------------------------------------------------------------------
Source: McDATA Corporation

[panik]

McDATA Achieves Record Revenues for Fourth Quarter 2002
Thursday January 23, 4:08 pm ET
Exceeds Expectations With Pro Forma EPS of $0.09 for the Fourth Quarter


BROOMFIELD, Colo., Jan. 23 /PRNewswire-FirstCall/ -- McDATA Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra- high availability storage networking solutions, today reported revenue results of $105.5 million for its fourth quarter ended December 31, 2002, reflecting 30 percent sequential growth and a 13 percent year-over-year increase.
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The Company reported GAAP net income of $8.6 million, or diluted earnings per share (EPS) of $0.07 for the fourth quarter of 2002. On a pro forma basis, net income for the fourth quarter totaled $10.6 million, or $0.09 per diluted share. This is an improvement over the company`s pro forma third quarter 2002 net income, which was $2.1 million, or $0.02 per share, and compares with pro forma fourth quarter 2001 net income of $3.2 million, or $0.03 per share on a diluted basis. McDATA`s fourth quarter pro forma results exclude non-cash charges related to amortization of deferred compensation and the intangible SANavigator assets. Additionally, pro forma results exclude the positive impact of certain previously reserved 1 gigabit per second (Gb/s) inventory that was sold in the quarter. A reconciliation of reported and pro forma results is included in the attached condensed financial statements.

"Our customers are our focus. This past quarter`s performance demonstrates our ability to meet our customers` needs and to lead the migration to an intelligent information infrastructure," said John Kelley, McDATA`s CEO and president. "We are consistently seeing companies place a high priority on SAN investments in general, because of the superior returns on investment these solutions provide. The exceptional performance of the two products we launched during the quarter is further evidence of the strong demand for our solutions."

For the twelve months ended December 31, 2002, revenue totaled $328.3 million, a 5 percent year-over-year decrease. For the full year 2002, the company incurred a net loss of $10.0 million, or $(0.09) per diluted share, on a reported basis. These results compare with a reported net loss of $8.7 million, or $(0.08) per diluted share, for full year 2001. Pro forma net income for the full year 2002 totaled $5.9 million, or $0.05 per share, on a diluted basis, compared with pro forma 2001 net income of $20.7 million, or $0.18 per share on a diluted basis.

Fourth Quarter Details

McDATA`s revenue from products totaled $92.0 million in the fourth quarter, a 32 percent increase versus the previous quarter, and a 19 percent increase from the same period in 2001. Normalizing for the sale of the HBA business (excluding HBAs from fourth quarter 2001), product revenue increased 24 percent year-over-year. Director-class revenues were $75.7 million, up 30 percent sequentially, and switch and other product revenues were $16.3 million, up 40 percent versus the previous quarter. Revenue from software and professional services was $9.3 million, a 17 percent sequential increase. Other revenue was $4.2 million, up from $3.1 million last quarter. On a channel basis, McDATA`s largest customer, EMC, represented 54 percent of total revenue in the fourth quarter of 2002, compared with 56 percent last quarter; IBM accounted for 26 percent, up from 20 percent in the prior quarter; and other OEMs, resellers and systems integrators represented 19 percent, compared with 23 percent in the prior quarter.

Pro forma gross margin was 54.8 percent for the fourth quarter of 2002, which was higher than the company`s previous guidance and a significant improvement over the 48.8 percent gross margin achieved in the third quarter of 2002. This improved margin was driven by strong demand and higher-than- expected volumes. Additionally, the 30 percent increase in sequential revenue was achieved with only a 9 percent increase in pro forma operating expenses. As a percentage of revenue, operating expenses were down 8.3 points sequentially. Operating margin as a percent of revenue was 13.7 percent, compared with breakeven in the prior quarter.

"McDATA`s business model has significant operating leverage as reflected in our fourth quarter results," said Ernest Sampias, McDATA`s chief financial officer. "We realized the benefits of this leverage in the fourth quarter as our manufacturing organization produced almost $25 million in incremental sales without a substantial increase in operating expenses."

Key Fourth Quarter Accomplishments

In the fourth quarter of 2002, McDATA continued to strengthen its management team and its organization. The Company completed the launch of two new products and significantly ramped production to meet demand. Highlights include the following:

McDATA announced significant additions to its management team. Alain Andreoli was named Executive Vice President - Worldwide Sales and Service, Jean Becker was named Senior Vice President - Engineering, Scott Berman was named Treasurer and Vice President - Finance, Gary Gysin was named Vice President and General Manager - Software and Patricia Luke was named Vice President - OEM Sales.
We achieved qualification for the Intrepid 6140 Director and the Sphereon 4500 Fabric Switch from all of our OEM partners: EMC, Hitachi Data Systems, IBM, Hewlett Packard, and StorageTek.
McDATA and StorageTek extended their alliance, with StorageTek now offering McDATA`s full family of "core-to-edge" storage networking solutions.
Deloitte & Touche named McDATA to its Technology Fast 500, a ranking of the 500 fastest growing companies in North America. Rankings are based upon percentage revenue growth over five years, from 1997 - 2001. McDATA grew 943 percent during this period. In addition, McDATA ranked ninth on the Colorado Technology Fast 50, a ranking of the fastest growing technology firms in Colorado.
In October, McDATA expanded its focus on the European market with the opening of a sales office in Peschiera del Garda, Italy, our ninth International office.
"True to the McDATA tradition, we have brought the right products to market at the right time," said John Kelley. "I am extremely pleased with our progress and proud of the performance of our most recently introduced solutions. McDATA will continue to enable our customers to migrate to an intelligent information infrastructure that provides businesses with simplified administration resulting in higher operational efficiencies, more rapid application deployment and an accelerated return on their investment."

Outlook

McDATA anticipates revenues in a range of $92 to $97 million for the first quarter ending April 30, 2003. This reflects normal first quarter seasonality as well as uncertainty as to how the macro economic environment may influence IT spending in 2003. Pro forma fully diluted EPS is expected to be in the range of $0.02 to $0.04 in the first quarter. The first quarter pro forma EPS estimate excludes non-cash deferred compensation charges and amortization charges related to intangible SANavigator assets.

McDATA will hold a conference call to discuss fourth quarter 2002 results today, January 23, at 3:00 p.m. MT. The conference call will be simultaneously Web cast on the company`s Web site, and archived for future review. The Web cast presentation will include slides containing additional detailed information of interest to investors.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra-high availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to complete the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturers, our ability to expand our product offerings and any transition to new products (such as higher port count and multi-protocol products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the development of the storage area network and switch markets, competition in the storage area network and switch markets, aggressive pricing and product give- aways by competitors, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward- looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA CORPORATION
CONDENSED REPORTED CONSOLIDATED INCOME STATEMENTS
(in thousands, except per share data)
(unaudited)

Three Months Ended Year Ended
December 31, December 31,
2001 2002 2001 2002

Revenue $93,482 $105,541 $344,406 $328,279
Cost of revenue 59,199 46,937 215,751 178,113
Gross profit 34,283 58,604 128,655 150,166

Operating expenses:
Research and
development 14,303 15,849 49,166 59,324
Selling, general and
administrative 29,806 27,982 90,826 104,708
Acquired in-process
research & development
and other
acquisition-related
costs 36 -- 9,327 --
Amortization of
deferred compensation 2,148 1,780 7,259 8,281
Operating expenses 46,293 45,611 156,578 172,313

Income (loss) from
operations (12,010) 12,993 (27,923) (22,147)
Interest and other
income, net 2,507 993 14,183 6,632
Income (loss) before
income taxes (9,503) 13,986 (13,740) (15,515)
Income tax expense
(benefit) (3,516) 5,387 (5,084) (5,528)
Net income (loss) $(5,987) 8,599 $(8,656) (9,987)

Basic net income
(loss) per share $(0.05) $0.08 $(0.08) $(0.09)
Shares used in
computing basic
net income (loss)
per share 112,223 113,663 111,475 113,185

Diluted net income
(loss) per share $(0.05) $0.07 $(0.08) $(0.09)
Shares used in
computing diluted
net income (loss)
per share 112,223 116,452 111,475 113,185


CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
(unaudited)

September 30, December 31,
2002 2002
Assets
Cash and short term investments $216,835 $229,671
Accounts receivable, net 45,852 73,867
Inventories, net 11,223 8,097
Other current assets 34,084 38,024
Total current assets 307,994 349,659
Property and equipment, net 102,845 99,927
Long-term investments 78,543 73,099
Other assets, net 39,275 32,506
Total assets $528,657 555,191

Liabilities and Stockholders` Equity
Current liabilities $55,084 $66,032
Long-term liabilities 11,282 14,654
Stockholders` equity 462,291 474,505
Total liabilities and
stockholders` equity $528,657 $555,191


McDATA CORPORATION
CONDENSED PROFORMA CONSOLIDATED INCOME STATEMENTS (Note 1)
(in thousands, except per share data)
(unaudited)

Three Months Ended Year Ended
December 31, December 31,
2001 2002 2001 2002

Revenue $93,482 $105,541 $344,406 $328,279
Cost of revenue
(Note 1) 52,716 47,734 193,302 168,324
Gross profit 40,766 57,807 151,104 159,955

Operating expenses:
Research and
development 14,303 15,849 49,166 59,324
Selling, general and
administrative 24,243 27,457 85,263 100,840
Acquired in-process
research &
development and
other acquisition-
related costs (Note 1) -- -- -- --
Amortization of
deferred
compensation (Note 1) -- -- -- --
Operating expenses 38,546 43,306 134,429 160,164

Income from operations 2,220 14,501 16,675 (209)
Interest and other
income, net 2,507 993 14,183 6,632
Income before
income taxes 4,727 15,494 30,858 6,423
Income tax expense
(Note 1) 1,560 4,885 10,183 530
Net income $3,167 $10,609 $20,675 $5,893

Basic net income
per share $0.03 $0.09 $0.19 $0.05
Shares used in
computing basic
net income per share 112,223 113,663 111,475 113,185

Diluted net income
per share $0.03 $0.09 $0.18 $0.05
Shares used in
computing diluted
net income per share 115,701 116,452 116,141 116,330

Note (1) -- The condensed pro forma consolidated income statements for
all periods presented are for illustrative purposes only and are not
prepared in accordance with generally accepted accounting principles.


These pro forma statements show the operating results of the Company,
excluding the following items:

Three Months Ended Year Ended
December 31, December 31,
Pro Forma Adjustments 2001 2002 2001 2002

Cost of revenue:
Inventory-related
charges, net $6,311 $ (942) $21,011 $9,425
Reconciliation
of vendor invoices -- -- -- (792)
Deferred compensation 172 145 1,438 599
Other -- -- -- 557
Cost of revenue
subtotal 6,483 (797) 22,449 9,789
Operating expenses:
Obsolescence of
demonstration &
eval. equip.
inventory 4,097 -- 4,097 --
Termination of
synthetic lease -- 1,250
Acquired in-process
research & development -- -- 7,200 --
Acquisition-related
costs 36 -- 2,087 --
Facility lease losses 941 -- 941 83
Reconciliation of
vendor invoices -- -- -- (46)
Other -- -- -- 481
Amortization of
SANavigator
intangible assets 525 525 565 2,100
Deferred compensation 2,148 1,780 7,259 8,281
Operating
expenses subtotal 7,747 2,305 22,149 12,149
Total Pro Forma
Adjustments 14,230 1,508 44,598 21,938
Income tax expense
(benefit): 5,076 (502) 15,267 6,058
After-tax impact of
pro forma adjustments $9,154 $2,010 $29,331 $15,880




--------------------------------------------------------------------------------
Source: McDATA Corporation

[wutank]

McDATA Reaffirms Fiscal First Quarter 2003 Guidance at Annual Analyst Day
Thursday March 6, 7:31 am ET
Results Expected to Be at Higher End of Guidance Range


BROOMFIELD, Colo., March 6 /PRNewswire-FirstCall/ -- McDATA Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra- high availability storage networking solutions, today reaffirmed its fiscal first quarter 2003 preliminary revenue and EPS guidance. The company expects results to be at the higher end of the range of $92 to $97 million in revenue and $0.02 to $0.04 of pro forma EPS, excluding non-cash deferred compensation and amortization charges.
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"We are very pleased with the continued demand for our new products, as well as strong sales across all of our product lines," said John Kelley, McDATA`s CEO and president. "We believe we have a very compelling offering in our full range of product solutions -- hardware, software and services. We continue to see strong customer demand driven in large part by the returns on investment these solutions provide."

McDATA is hosting its annual Analyst Day today in Broomfield, Colo. The event will include presentations by various members of the senior management team. Topics include corporate strategy, product roadmap, software strategy, and competitive positioning.

A webcast of Analyst Day can be accessed at the McDATA Corporation website at www.mcdata.com on the Investor Relations home page.

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra-high availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre- tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to increase SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, customer demand for our products, our ability to complete the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturers, our ability to expand our product offerings and any transition to new products (such as higher port count and multi-protocol products), the quality, functionality and return on investment of our products and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the development of the storage area network and switch markets, competition in the storage area network and switch markets, aggressive pricing and product give-aways by competitors, one- time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward- looking statements, whether as a result of new information, future events or otherwise.




--------------------------------------------------------------------------------
Source: McDATA Corporation

[wutank]

9:31AM McDATA viewed favorably by Fulcrum analyst (MCDT) 8.44 -0.19: A Fulcrum analyst has a morning note which provides a favorable outlook on McDATA in light of its analyst day. He is encouraged by the company`s positive revisions to guidance, encouraging sales of its higher margin Sphereon 4500 product, diversification of its distribution channels and robust product roadmap. Fulcrum currently has a Buy rating on the stock with a $9.50 price target.

[wutank]

StorageTek Adds McDATA to Its Storage Portfolio in Europe, Asia Pacific and Latin America
Monday April 14, 6:01 am ET
Choice Tops Agenda With McDATA`s Customer Driven Portfolio of Storage Network Solutions


BROOMFIELD, Colo., April 14 /PRNewswire-FirstCall/ -- STORAGE NETWORKING WORLD -- In a move designed to give businesses access to the most complete array of storage solutions, StorageTek® has extended its alliance to cover McDATA`s entire family of `core-to-edge` storage networking solutions.

Storage services and solutions expert StorageTek (NYSE: STK - News) has teamed with McDATA Corporation (Nasdaq: MCDTA - News, MCDT - News), the worldwide leader in open, ultra high availability storage networking solutions, to enable customers to match multi-vendor, multi-protocol and flexible storage networking solutions with their preferred environment. The expansion of McDATA and StorageTek`s agreement will broaden StorageTek`s SAN offering in Europe, Asia Pacific and Latin America to include fully supported, flexible, secure and highly available solutions that enable StorageTek to support customer SAN requirements.

"Our customers tell us that they want the freedom of choice afforded by alliances with leading vendors such as McDATA. It is especially important that vendors work together to help customers make maximum use of existing infrastructure and integrate new additions seamlessly. Customers look to StorageTek for our extensive SAN expertise, and the most complete range of storage infrastructure solutions in the industry," said Pierre Cousin, StorageTek vice president and general manager, Storage Networking. "StorageTek now sells and supports McDATA`s core-to-edge family of storage networking products worldwide. This addition supports our Information Lifecycle Management (ILM) framework for seamlessly managing, migrating and storing data in the right place, at the right time, for the right cost."

McDATA`s Sphereon switches and Intrepid Director, an intelligent Director platform, surpass all solutions currently available on the market in terms of scalability, availability and ease of use. The Sphereon 4500 is the world`s most flexible switch and is designed from the ground up to address the needs of entry level and core-to-edge small to medium enterprises.

"McDATA`s core-to-edge solutions are built on a technology platform that provides customers with the solutions they need today and into the future," said Mike Gustafson, senior vice president of worldwide marketing, McDATA. "The combination of McDATA and StorageTek`s solutions allows customers to deploy highly scalable and flexible storage networking capabilities for virtually any size of environment where high reliability and uptime are important."

About McDATA ( www.mcdata.com )

McDATA (Nasdaq: MCDTA - News, MCDT - News) is the worldwide leader in open, ultra high-availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

About StorageTek

StorageTek (NYSE: STK - News), a $2 billion worldwide company with headquarters in Louisville, Colo., delivers a broad range of storage solutions that are easy to manage, integrate well with existing infrastructures and allow universal access to data across servers, media types and networks. StorageTek provides practical and safe storage solutions in disk, networking, services, tape and tape automation. For more information, see www.storagetek.com , or call 1.800.786.7835.

TRADEMARKS: StorageTek is a registered trademark of Storage Technology Corp. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.




--------------------------------------------------------------------------------
Source: StorageTek; McDATA Corporation

[panik]

McDATA Announces Preliminary First-Quarter Results
Tuesday May 6, 6:01 am ET


BROOMFIELD, Colo.--(BUSINESS WIRE)--May 6, 2003--McDATA Corporation (Nasdaq:MCDTA - News; Nasdaq:MCDT - News), the worldwide leader in open, ultra-high availability storage networking solutions, today announced preliminary financial results for the first quarter of 2003.
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McDATA expects revenue to be in the range of $102 million to $103 million for its first quarter ended April 30, 2003, compared with previous guidance of $92 to $97 million. The company also expects earnings per diluted share to be at least $0.05, excluding non-cash charges related to deferred compensation of approximately $1.6 million and amortization related to intangible SANavigator assets of approximately $0.5 million. This compares to previous non-GAAP pro forma guidance of $0.02 to $0.04. The Company expects its GAAP earnings per share to be at least $0.04.

The non-GAAP pro forma EPS results are a supplement to financial statements based on generally accepted accounting principles (GAAP). These non-GAAP pro forma results include adjustments primarily for non-cash charges related to deferred compensation and amortization related to intangible SANavigator assets. McDATA believes this presentation provides investors with additional insight into its underlying operating results and business trends.

McDATA will announce full first-quarter results after the close of the market on Thursday, May 29, 2003. McDATA will host a webcast beginning at 5:00 p.m. EST on May 29, 2003, which can be accessed at www.mcdata.com or 706/679-8352. A replay will be available two hours after the call until June 5, 2003, at: 706/645-9291; Passcode: 362997.

About McDATA (www.mcdata.com)

McDATA (Nasdaq:MCDTA - News; Nasdaq:MCDT - News) is the worldwide leader in open, ultra-high availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to complete the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturers, our ability to expand our product offerings and any transition to new products (such as higher port count and multi-protocol products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the development of the storage area network and switch markets, competition in the storage area network and switch markets, aggressive pricing and product give-aways by competitors, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



--------------------------------------------------------------------------------
Contact:
McDATA Corporation
Investors:
Linda Dellett/Kevin Mammel, 720/558-4474
[e-mail]
or
Media:
Kathleen Sullivan, 720/558-4435
720/480-5501 (cell)
[e-mail]



--------------------------------------------------------------------------------
Source: McDATA Corporation

[panik]

Dow Jones Business News
McData Raises Estimate for 1st-Quarter Operating Earnings
Tuesday May 6, 7:32 am ET


BROOMFIELD, Colo. (Dow Jones)--McData Corp. again raised its first- quarter estimate for operating earnings to at least 5 cents a share, excluding charges, on revenue of $102 million to $103 million.
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In a press release Tuesday, the storage-networking systems provider said it expects net earnings of at least 4 cents a share, including about $1.6 million in deferred compensation and about $500,000 in amortization of assets, for its first quarter ended April 30.

In March, McData raised its earnings estimate to the high end of 2 cents to 4 cents a share before items on revenue of $92 million to $97 million, citing continued demand for new products, and strong sales across all product lines.

A current Thomson First Call (News - Websites) survey of 19 analysts produced a mean earnings estimate of 4 cents a share, and 15 analysts produced a revenue estimate of $ 96.5 million for the company`s fiscal first quarter.

For its year-ago first quarter ended March 31, 2002, the company reported a loss of $17.1 million, or 15 cents a share, including a charge of $41.4 million charge for amortization of deferred compensation, on revenue of $64.5 million.

On May 29, McData plans to report first-quarter results after the close of the market, and then hold a conference call at 5 p.m. EDT.

Company Web site: http://www.mcdata.com

-Jason Philyaw; Dow Jones Newswires; 201-938-5400

[panik]

Lucent Technologies and McDATA Expand Partnership to Deliver Complete Solutions for End-to-End Data Center Internetworking
Thursday May 22, 8:03 am ET


MURRAY HILL, N.J. & BROOMFIELD, Colo.--(BUSINESS WIRE)--May 22, 2003--
Two companies create portfolio of storage networking solutions,
featuring new OptiStar(R) EdgeSwitch 2.0 and McDATA`s core-to-edge
family of storage networking solutions

Lucent Technologies (NYSE: LU - News) and McDATA Corporation (Nasdaq: MCDTA/MCDT), the worldwide leader in open ultra-high availability storage networking solutions, today announced a joint development initiative that provides businesses with comprehensive solutions for storage networking both in and between data centers.

The solutions offer business continuity, disaster recovery, remote storage access, outsourced storage and other services to large-scale enterprises. Through a worldwide sales initiative, the companies are currently offering end-to-end solutions that can simplify overall network architecture and improve data protection across the network, while providing a range of flexible and scalable deployment options.

"Managing the massive amounts of data flowing across wide-area storage networks is a challenge for enterprises worldwide," said Sterling Perrin, senior research analyst for Optical Networks at IDC. "In partnering, Lucent and McDATA are making it easier for enterprises and service providers to implement complex, end-to-end SANs that extend from the enterprise into the metro and even across metros, and which consist of various types of storage, switching, and optical networking equipment."

Customers can leverage the storage networking expertise of McDATA with the carrier class network expertise of Lucent to consolidate their network infrastructure and protect vital data, ensuring business continuance and increasing the return on their investments in network infrastructure.

"Our alliance with McDATA addresses some of the high-growth opportunities we see in the marketplace, and it is significant step forward in the ability to easily and cost-effectively interconnect geographically dispersed data centers," said Frank Farese, vice president, Global Business Partners at Lucent. "With the new capabilities of our OptiStar® EdgeSwitch 2.0 along with McDATA`s suite of Intrepid Directors and Sphereon Fabric Switches and the rest of the Lucent portfolio, we can offer our joint customers solutions that create a unified end-to-end storage area network that provides value-added service intelligence and performance."

"Our customers have been impressed with the seamless, high-performance storage networking solutions we are able to offer with Lucent," said John Kelley, president and CEO, McDATA. "Our partnership with Lucent allows us to deliver solutions which positively demonstrate our networking expertise and technical knowledge. Working with Lucent, we have quickly been able to validate and bring to our customers a complete solution for converged storage networking over the WAN. Because Lucent is a McDATA OPENready® Solution Partner, customers can be confident of full end-to-end network interoperability and solution readiness for real-world, ultra-high availability application environments."

The OptiStar® EdgeSwitch is an integrated optical IP and storage router that extends Fibre Channel storage area network (SAN) traffic, along with Ethernet-based LAN and network-attached storage traffic, over network backbones. The OptiStar® EdgeSwitch can enable high storage application performance over regional to intercontinental distances.

An upcoming OptiStar® EdgeSwitch release will offer Domain Virtualization(TM) technology to provide advanced inter-fabric routing and firewall capabilities for distributed SAN operations. With the ongoing growth of storage networks across the enterprise, Domain Virtualization will help take the complexity out of scaling fabrics while enabling vastly larger networks than were previously possible.

McDATA`s Sphereon switches and Intrepid Director, an intelligent Director platform, surpass all solutions currently available on the market in terms of scalability, availability and ease of use. The Sphereon 4500 is the world`s most flexible fabric switch and is designed from the ground up to address the needs of small to medium size enterprises.

Lucent and McDATA are also combining their strengths in other ways to enhance and extend data center internetworking solutions for enterprises and service providers. Additional areas of focus for the partnership include storage extension over DWDM using the Metropolis® Enhanced Optical Networking (EON) platform, integrated security offerings with the VPN Firewall Brick® family of products and McDATA`s SANtegrity(TM) security suite, and end-to-end storage network management combining products such as McDATA`s SANavigator® and Lucent`s VitalSuite(TM) offerings. For more information on the OptiStar® EdgeSwitch visit www.lucent.com/edgeswitch.

Lucent will be featuring a live demo of its secure storage networking over distance using Lucent`s OptiStar® EdgeSwitch, Domain Virtualization(TM) technology and VPN Firewall Brick® 1000 along with McDATA Sphereon fabric switches at the SuperComm show in Atlanta, Georgia from June 3, 2003 through June 5, 2003. The Lucent booth is #23325 in Hall B-4 of the Georgia World Congress Center.

About McDATA

McDATA (Nasdaq: MCDTA/MCDT) is the worldwide leader in open, high-availability storage networking solutions and provides highly available, scalable and centrally managed storage area networks (SANs) that address enterprise-wide storage problems. McDATA`s core-to-edge enterprise SAN solutions improve the reliability and availability of data to simplify SAN management and reduce the total cost of ownership. McDATA extensively pre-tests its solutions to provide IT organizations with the comprehensive tools, methodologies and support essential to robust SAN implementation. McDATA distributes its products through its OEMs, network of resellers and Elite Solution Partners. McDATA and the McDATA logo are registered trademarks of McDATA Corporation.

About Lucent Technologies

Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and delivers networks for the world`s largest communications service providers. Backed by Bell Labs research and development, Lucent relies on its strengths in mobility, optical, data and voice networking technologies as well as software and services to develop next-generation networks. The company`s systems, services and software are designed to help customers quickly deploy and better manage their networks and create new, revenue-generating services that help businesses and consumers. For more information on Lucent Technologies, visit its Web site at http://www.lucent.com.



--------------------------------------------------------------------------------
Contact:
Lucent Technologies
Wendy Zajack, 973/509-0970 (office)
973/449-2951 (mobile)
[e-mail]
Jenn McManus, 908/582-5703 (office)
908/582-1209 (fax)
[e-mail]
or
McDATA Corporation
Kathleen Sullivan, 720/558-4435 (office)
720/480-5501 (mobile)
[e-mail]



--------------------------------------------------------------------------------
Source: Lucent Technologies

[panik]

McDATA Achieves Strong First Quarter Results
Thursday May 29, 4:16 pm ET
Reports 60% Year over Year Revenue Growth


BROOMFIELD, Colo.--(BUSINESS WIRE)--May 29, 2003--McDATA Corporation (Nasdaq: MCDTA/MCDT), the expert provider of multi-capable storage networking solutions, today reported revenue results of $103.2 million for its first quarter ended April 30, 2003, reflecting a 60 percent year-over-year increase.
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The Company reported GAAP net income of $5.3 million and diluted earnings per share (EPS) of $0.05 for the first quarter of 2003, compared to a loss of $17.1 million or ($0.15) per diluted share for the first quarter of 2002. On a non-GAAP basis, net income for the first quarter totaled $6.7 million, or $0.06 per diluted share.

McDATA`s first quarter 2003 non-GAAP results exclude non-cash charges related to amortization of deferred compensation and the intangible SANavigator® assets. Additionally, non-GAAP results for the first quarter of 2003 exclude the positive impact of approximately $460,000 of previously reserved 1 gigabit per second (Gb/s) inventory that was sold in the quarter. This compares with a non-GAAP first quarter 2002 net loss of $4.2 million, or ($0.04) per diluted share, which excludes non-cash charges related to deferred compensation and amortization, one-time charges related to 1 Gb/s inventory and the termination of a synthetic lease.

The non-GAAP results are a supplement to financial statements based on generally accepted accounting principles (GAAP). McDATA believes this presentation provides investors with additional insight into its underlying operating results and business trends. A reconciliation of reported and non-GAAP results is included in the attached condensed financial statements

"Our results this quarter clearly demonstrate that we continue to capitalize on the growing market opportunities in this sector and that end-user customers rely on us as the storage networking specialist," said John Kelley, McDATA`s CEO and president. "Our switch revenue reached a record high this quarter, driven by strong demand for both our new Sphereon(TM) 4500 24-port fabric switch, and our Sphereon 3232 32-port fabric switch. I am extremely pleased with the performance of these products, which highlight our ability to gain market share and successfully serve a market in which we have not traditionally had a strong presence."

First Quarter Details

McDATA`s revenue from products totaled $91.4 million in the first quarter, which was comparable to the previous quarter total of $92.0 million, and a 66 percent increase from the first quarter of 2002. Director-class revenues were $67.6 million, up 46 percent year-over-year and down 11 percent sequentially, and switch and other product revenues were $23.7 million, up 177 percent year-over-year and up 46 percent versus the previous quarter.

Revenue from software and professional services was $8.4 million, up 41 percent year-over-year and down from $9.3 million last quarter. Other revenue was $3.4 million, down from $3.6 million year-over-year and $4.2 million last quarter. On a channel basis, McDATA`s largest customer, EMC, represented 61 percent of total revenue in the first quarter of 2003, compared with 54 percent last quarter; IBM accounted for 17 percent, down from 26 percent in the prior quarter; and other OEMs, resellers and systems integrators represented 22 percent, compared with 19 percent in the prior quarter.

Reported gross margin was 56.8 percent, which compares to 21.5 percent for the first quarter of 2002. The large increase was driven by an inventory write-off in the first quarter of 2002, as well as strong volumes and product mix. Non-GAAP gross margin was 56.5 percent for the first quarter of 2003, which was an improvement over the 54.8 percent gross margin achieved in the fourth quarter of 2002 and the 44.3 percent achieved in the first quarter of 2002. The margin improvements were driven by strong volumes and product mix. Non-GAAP results exclude non-cash charges related to amortization of deferred compensation and the positive impact of previously reserved 1 Gb/s inventory sold in the quarter.

In January 2003, McDATA adopted a January 31 fiscal year. For the month of January 2003, McDATA recognized revenue of $17.0 million and a net loss of $3.5 million on a GAAP basis. This was in line with expectations. Additional January 2003 financial information will be included in the company`s Form 10-Q for the first quarter 2003.

Key First Quarter Accomplishments

In the first quarter of 2003, McDATA continued to see strong demand for its new products released last quarter. Additionally, the company expanded its distribution channels by adding new partners. Highlights for the quarter include the following:

The Intrepid(TM) 6140 Director was named "Storage Networking Product of the Year" by Network Magazine. The award noted that the product`s "... reliability, performance, and high-availability features make it a great value for the money." Network Magazine`s annual Products of the Year Awards program is acknowledged as one of the networking industry`s longest running and most distinguished awards programs.
InfoWorld magazine selected McDATA`s Sphereon 4500 24-port fabric switch for the magazine`s "Technology of the Year Award" for the Fibre Channel category. The Sphereon 4500 Fabric Switch was recognized for its overall value as well as for its exclusive "pay as you grow" FlexPort feature.
Customers made McDATA the highest rated storage-networking vendor in a recent study conducted by independent research firm, TheInfoPro (TIP).
Sun Microsystems is now offering its customers McDATA`s multi-capable, ultra-high availability directors.
Storage Technology Corporation, or StorageTek®, extended its alliance with McDATA to provide McDATA`s full family of products worldwide, including Europe, Asia Pacific and Latin America.
In March, McDATA offered features that enabled the performance and security of storage networks with the worldwide availability of OpenTrunking and SANtegrity(TM) Zoning. OpenTrunking simplifies management, optimizes storage network performance and provides applications faster access to data. SANtegrity Zoning locks down a company`s fabric, preventing security threats through hardware-enforced zoning.
McDATA expanded its presence in the Asia Pacific region with the opening of an office in Beijing, China. The company also announced a new reseller agreement in Singapore that will provide more flexibility and local support for customers there.
"We continue to develop multi-capable solutions that give customers what they need - the ability to improve the flexibility of their data infrastructure, mitigate investment risks, ensure data availability, reduce their storage management costs and respond instantly to changing requirements," said John Kelley. "Our customer focused approach is being rewarded by ever increasing customer loyalty. McDATA`s innovation and experience are driving the success of the most demanding technology companies in the world, which ultimately builds value for our shareholders."

Outlook

McDATA anticipates revenues in a range of $106 to $110 million for the second quarter ending July 31, 2003. Fully diluted non-GAAP EPS for the second quarter is expected to be in the range of $0.06 to $0.07, excluding non-cash deferred compensation charges and amortization charges related to intangible SANavigator assets.

McDATA will hold a conference call to discuss first quarter 2003 results today, May 29, at 3:00 p.m. MT. The conference call will be simultaneously Web cast on the company`s Web site, and archived for future review. The Web cast presentation will include slides containing additional detailed information of interest to investors.

About McDATA (www.mcdata.com)

McDATA (Nasdaq: MCDTA/MCDT) is the expert provider of Multi-Capable Storage Networking Solutions(TM) - hardware, software and services - that enable partners and customers around the world to reduce the total cost of storage management today, and be ready to adapt to the real-time information demands of tomorrow. Entrenched in over 8,000 data centers worldwide, McDATA solutions are at the heart of more than 80 percent of Fortune 100 storage network data centers, powering the latest e-business applications, customer databases, financial traffic and other mission-critical data. Customers leverage McDATA`s multi-capable solutions to realize immediate cost savings, reduce their investment risk, ensure the continuity of their operations and adapt to changing business requirements.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes", "belief", "expects", "plans", "objectives", "estimates", "anticipates", "intends", "targets", or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to complete the successful implementation of an "outsourcing-focused" manufacturing model, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturers, our ability to expand our product offerings and any transition to new products (such as higher port count and multi-protocol products) and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the development of the storage area network and switch markets, competition in the storage area network and switch markets, aggressive pricing and product give-aways by competitors, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

McDATA CORPORATION
CONDENSED REPORTED CONSOLIDATED INCOME STATEMENTS
(in thousands, except per share data)
(unaudited)

Three Months Ended
March 31, 2002 April 30, 2003
-------------- --------------

Revenue $64,543 $103,179
Cost of revenue 50,652 44,588
--------------------------------
Gross profit 13,891 58,591

Operating expenses:
Research and development 13,216 18,819
Selling, general and administrative 26,001 30,911
Amortization of deferred compensation 2,141 1,411
--------------------------------
Operating expenses 41,358 51,141

Income (loss) from operations (27,467) 7,450
Interest and other income, net 1,988 971
--------------------------------
Income (loss) before income taxes (25,479) 8,421
Income tax expense (benefit) (8,408) 3,109
--------------------------------
Net income (loss) $(17,071) $5,312
================================

Basic net income (loss) per share $(0.15) $0.05
================================
Shares used in computing basic net
income (loss) per share 112,732 114,319
================================

Diluted net income (loss) per share $(0.15) $0.05
================================
Shares used in computing diluted net
income (loss) per share 112,732 117,692
================================

-0-

McDATA CORPORATION
CONDENSED NON-GAAP CONSOLIDATED INCOME STATEMENTS (Note 1)
(in thousands, except per share data)
(unaudited)

Three Months Ended
March 31, 2002 April 30, 2003
-------------- ---------------

Revenue $64,543 $103,179
Cost of revenue (Note 1) 35,961 44,911
-------------------------------
Gross profit 28,582 58,268

Operating expenses:
Research and development 13,216 18,819
Selling, general and administrative 23,745 30,386
Amortization of deferred compensation
(Note 1) - -
-------------------------------
Operating expenses 36,961 49,205

Income (loss) from operations (8,379) 9,063
Interest and other income, net 1,988 971
-------------------------------
Income (loss) before income taxes (6,391) 10,034
Income tax expense (benefit) (Note 1) (2,173) 3,311
-------------------------------
Net income (loss) $(4,218) $6,723
===============================

Basic net income (loss) per share $(0.04) $0.06
===============================
Shares used in computing basic net
income (loss) per share 112,732 114,319
===============================

Diluted net income (loss) per share $(0.04) $0.06
===============================
Shares used in computing diluted net
income (loss) per share 112,732 117,692
===============================

Note (1) - The condensed non-GAAP consolidated income statements for all periods presented are for illustrative purposes only and are not prepared in accordance with generally accepted accounting principles. These non-GAAP statements show the operating results of the Company, excluding the following items:

Three Months Ended
Non-GAAP Adjustments March 31, 2002 April 30, 2003
-------------------- -------------- ---------------

Cost of revenue:
Inventory-related charges, net $13,962 $(460)
Reconciliation of vendor invoices - -
Deferred compensation 172 137
Other 557 -
-------------------------------
Cost of revenue subtotal 14,691 (323)
Operating expenses:
Obsolescence of demonstration &
eval. equip. inventory
Termination of synthetic lease 1,250 -
Other 481 -
Amortization of SANavigator
intangible assets 525 525
Deferred compensation 2,141 1,411
-------------------------------
Operating expenses subtotal 4,397 1,936
-------------------------------
Total Non-GAAP Adjustments 19,088 1,613
Income tax expense (benefit): (6,235) 202
-------------------------------
After-tax impact of non-GAAP
adjustments $12,853 $1,411
===============================

-0-

CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
(unaudited)

December 31, April 30,
------------ ---------
2002 2003
---- ----
Assets
Cash and short term investments $229,671 $395,291
Accounts receivable, net 73,867 38,095
Inventories, net 8,097 7,631
Other current assets 38,024 32,244
-------------------------
Total current assets 349,659 473,261
Property and equipment, net 99,927 96,483
Long-term investments 73,099 103,255
Other assets, net 32,506 44,921
-------------------------
Total assets $555,191 $717,920
=========================

Liabilities and Stockholders` Equity
Current liabilities $66,032 $69,814
Long-term liabilities 14,654 187,692
Stockholders` equity 474,505 460,414
-------------------------
Total liabilities and stockholders`
equity $555,191 $717,920
=========================

-0-

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
(in thousands)
(unaudited)

Three Months Ended
-------------------------------
March 31, 2002 April 30, 2003
-------------------------------

Net cash provided (used) by operating
activities $7,789 $25,968
===============================

Cash flows from investing activities:
Purchases of property and equipment (7,509) (2,940)
Proceeds from trade-in of fixed assets - 5
Net purchases of investments (30,543) (128,930)
-------------------------------
Net cash used by investing activities $(38,052) $(131,865)
===============================

Cash flows from financing activities:
Net proceeds for issuance of
convertible subordinated debt - 166,967
Net purchase of share option
transactions - (20,510)
Payment of obligations under capital
leases (727) (531)
Proceeds from the exercise of stock
options 1,241 1,826
-------------------------------
Net cash provided by financing
activities $514 $147,752
===============================

Net increase in cash and cash
equivalents $(29,749) $41,855
===============================



--------------------------------------------------------------------------------
Contact:
McDATA Corporation
Investors:
Linda Dellett/Kevin Mammel
720/558-4474
[e-mail]
or
Media:
Kathleen Sullivan, 720/558-4435
cell: 720/480-5501
[e-mail]



--------------------------------------------------------------------------------
Source: McDATA Corporation

[icemen]

[Tobi33]

-15% was ist da los? Hat jemand Infos.

Gruß Tobi

[Tobi33]

In ihrer Analyse vom Montag, 25. August 2003 stufen die Analysten von Lehman Brothers die Aktie des Unternehmens McDATA Corp. (Class B) von "Overweight" auf "Equal Weight" zurück. Das Kursziel für die Aktie liegt momentan bei 13 $.Analyst: Lehman Brothers
Rating des Analysten: Equal Weight

Quelle: Aktien und Co.

[plataloca]

Lange wurde nichts hier im Board ueber McDatat geschrieben. Habt ihr aufgegeben, nachdem die Aktien 20% eingebrochen ist. McData hat eine gute Unterstuetzung bei 9,30 und ich glaube, dass es sich lohnt jetzt einzusteigen. MOmentane Trading-Range 9,30-11 Euro. Am 30.11. kommen die Zahlen, dann kannst auf die 13 Euro zurueckgehen. Was meint ihr??

[BurningByte]

Bin bei 9,40 die Woche eingestiegen. Kenne das Unternehmen bereits seit dem Börsengang (Absplittung von EMC) und beobachte es Moment wieder etwas genauer. Letztendlich ausschlaggebend für den Kauf war ein Bericht im Betafaktor.info. Die Geschäfte sollen im lfd. Quartal sehr gut laufen (über den Erwartungen) und intern sollen die Erwartungen fürs 4. Quartal wohl nach oben geschraubt werden. Nachdem man ja ursprünglich sehr pessimistisch war fürs 3. Quartal von Firmenseite könnte das demnächst für einen Kursschub sorgen!!

[panik]

Pentagon Deploys Massive 4,500+ Port McDATA Storage Network
Tuesday October 28, 8:00 am ET
Department of Defense, Joint Chiefs of Staff, Four Armed Services Branches, Ensure Mission Continuance With McDATA Storage Network


BROOMFIELD, Colo.--(BUSINESS WIRE)--Oct. 28, 2003-- McDATA Corporation (Nasdaq:MCDTA - News; Nasdaq:MCDT - News), the expert provider of multi-capable storage networking solutions, today announced the competitive award and installation of McDATA Director and Fabric switches to support the Pentagon Renovation Program (PENREN).
ADVERTISEMENT


In addition to implementing the PENREN solution, storage network subcontractor NetCentrics is using McDATA`s internetworking technology and SANavigator software for increased distance connectivity and centralized storage network management in additional projects at the Pentagon.

To date, the McDATA-based SANs total over 4,500 ports and support multiple agencies including the Office of the Secretary of Defense, the Joint Chiefs of Staff, and the four armed services at the Pentagon.

"Providing for the common defense of our citizenry entails the creation, analysis and dissemination of highly sensitive and important data," said Michael Sullivan, PENREN program manager. "Upgrading our IT infrastructure has been a critical element to meeting this need. And continuous access to data is a linchpin to empowering the men and women at the Pentagon to complete their missions. Deploying a high-availability SAN using best-of-class devices along with the mirroring of data at a remote site ensures the survivability of our data."

The U.S. Army alone experienced data growth of 200 percent per year over the last two years. Scalability was unacceptably slow, often requiring the time-consuming procurement and installation of additional server-attached disk to support the growing environment. A byproduct of the DAS infrastructure was the existence of data islands, which made collaboration on projects more difficult. Furthermore, backing up data was inefficient, requiring substantial administrative labor hours to complete. With discrete storage, establishing and maintaining agency-wide backup and data management policies was extremely difficult.

The continuing PENREN-directed SAN implementations, which began in the late 1990s as part of a modernization initiative to solve these challenges, were accelerated following Sept. 11, 2001.

NetCentrics was hired to manage the Army`s largest data center located at the Pentagon. NetCentrics, along with McDATA professional services, designed and implemented the SAN to meet scalability and availability needs.

"In order to meet our service level agreements, we have to maintain a very high level of availability for the Army`s SAN," said Bob Dixon, NetCentrics Corp. senior architect for engineering services. "Our nation`s defense literally depends upon their employees` ability to access, process and communicate data. The McDATA Intrepid Directors are a key element to making this happen. We haven`t had a single outage since they`ve been deployed."

"Federal government customers have some of the world`s highest levels of access and security requirements for data," said Mike Gustafson, senior vice president of worldwide marketing, McDATA. "McDATA`s multi-capable storage networking solutions are regularly chosen to ensure the integrity of critical information. We are extremely pleased with the successes achieved in the case of the Pentagon, and McDATA is proud to be a part of this project."

About the Pentagon Renovation Program, (http://renovation.pentagon.mil)

The Pentagon Renovation Program (PENREN) is charged with transforming the 60-year old headquarters of the United States military into a modern, flexible and efficient work environment. The project requires the phased relocation of 25,000 Pentagon tenants, removing thousands of tons of hazardous materials, modernizing the utility and IT infrastructure and improving force protection and energy efficiency.

About McDATA (www.mcdata.com)

McDATA (Nasdaq:MCDTA - News; Nasdaq:MCDT - News) is the expert provider of Multi-Capable Storage Networking Solutions(TM) -- hardware, software and services -- that enable partners and customers around the world to reduce the total cost of storage management today, and be ready to adapt to the real-time information demands of tomorrow. Entrenched in over 8,000 data centers worldwide, McDATA solutions are at the heart of more than 80 percent of Fortune 100 storage network data centers, powering the latest e-business applications, customer databases, financial traffic and other mission-critical data. Customers leverage McDATA`s multi-capable solutions to realize immediate cost savings, reduce their investment risk, ensure the continuity of their operations and adapt to changing business requirements.

Forward-Looking Statements

This press release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Readers are urged to consider statements that include the terms "believes," "belief," "expects," "plans," "objectives," "estimates," "anticipates," "intends," "targets," or the like to be uncertain and forward-looking. Factors that could cause actual results to differ and vary materially from expectations include, but are not limited to, our ability to ramp SANavigator sales, our relationships with EMC Corporation and IBM and the level of their orders, the impact of the continued general economic slowdown on purchasing decisions by customers and capital spending, our ability to expand sales into higher margin channels through system integrators and distributors, a loss of any of our key customers (or our OEMs` key customers), distributors, resellers or our contract manufacturers, our ability to expand our product offerings and any transition to new products (such as higher port count and multi-protocol products), integrate recent acquisitions and OEM qualification of such new products which may occur after the general availability dates, possible inventory charges that may occur with any transition to such new products, component quality and availability, the development of the storage area network and switch markets, competition in the storage area network and switch markets, aggressive pricing and product give-aways by competitors, one-time events and other important risk factors disclosed previously and from time to time in our filings at the U.S. Securities and Exchange Commission. These cautionary statements by us should not be construed as exhaustive or as any admission regarding the adequacy of disclosures made by us. We cannot always predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. All cautionary statements should be read as being applicable to all forward-looking statements wherever they appear. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



--------------------------------------------------------------------------------
Contact:
McDATA Corporation
Media:
Kathleen Sullivan, 720-558-4435
720-480-5501 (cell)
[e-mail]
Chris Drago, 720-558-3790
303-888-2904 (cell)
[e-mail]
or
Investors:
Linda Dellett, 720-558-4474
[e-mail]



--------------------------------------------------------------------------------
Source: McDATA Corporation

[plataloca]

Was ist denn heute der Grund, warum McData von 10,50 Euro (Schlusskurs usa gestern abend) auf 9 Euro abstuerzt. Gabs eine schlechte Nachricht, die ich nicht gefunden habe???

[panik]

@plataloca


http://www.thestreet.com/_yahoo/tech/billsnyder/10123558.htm…


End-of-Quarter Earnings Jitters Punish McData

By Bill Snyder
Staff Reporter
10/30/2003 01:18 PM EST
Click here for more stories by Bill Snyder


Storage vendor McData (MCDTA:Nasdaq - commentary - research) was down sharply Thursday, apparently on concerns that a pricing dispute with a major customer could cause it to miss its October quarter.

In recent trading, the Broomfield, Colo. company was off $1.22, or 10%, to $10.89.

According to Robert Montague, the RBC Capital Markets analysts who broke the news in a note to clients Thursday morning, EMC (EMC:NYSE - commentary - research), a major buyer of McData`s storage switches, has been pushing hard for end-of-quarter pricing concessions.

But McData, said Montague, is not "bending to EMC`s pressure, resulting in what appears to be a serious impasse. Therefore, the October quarter is uncertain and a preannouncement is possible in the near future."

Analysts polled by Thomson First Call expect McData to earn a 4-cent profit on sales of $131.4 million in its fiscal third quarter.

McData, and its rival in the switching market, Brocade (BRCD:Nasdaq - commentary - research), face increasing competition from Cisco Systems (CSCO:Nasdaq - commentary - research), which has moved aggressively into their territory.

[plataloca]

danke fuer die Antwort. McData bringt das ERgebnis am 30.11. nicht? Soll ich nun mit Verlust (Kauf bei 10.00) verkaufen oder wird der Fall nicht weiter runter gehen? Glaubst du, dass das Ergebnis schlechter ausfaellt, als die Analysten veranschlagen?
Danke

[BurningByte]

Tja typischer Fall von Griff ins Klo kann man sagen! Naja zum Glück gibts genug andere Werte mit denen man im Moment genug verdienen kann....