posted
This forum is for Allstocks.com members to post the latest news on stocks that they believe will be significantly affected by the news. Please provide the stock symbol along with a link or copy of the breaking news article.
[ November 08, 2005, 10:09: Message edited by: Peaser01 ]
-------------------- Buy Low. Sell High. Posts: 10755 | From: The Land Of The Giants | Registered: Feb 2005
| IP: Logged |
IBM Delivers Powerful New Storage Systems for the Midrange Market Tuesday November 8, 11:07 am ET
IBM System Storage N5000 Series Targets Fastest-Growing Storage Segment
ARMONK, NY--(MARKET WIRE)--Nov 8, 2005 -- IBM today announced the introduction of the IBM® System Storage(TM) N5000, a new series of networked storage systems designed to help midrange customers dramatically reduce their total cost of ownership, particularly enterprises operating distributed networks across remote sites. The N5000 series represents the second major technology offering resulting from IBM's relationship with Network Appliance (NasdaqNM:NTAP - News), announced in April.
The N5000 series provides network attached storage solutions for small to midrange enterprises to help address a wide range of data storage needs, including high performance mission-critical data access, disk-to-disk backup, and data retention and archive scenarios utilizing non-erasable and non-rewritable (WORM) technology.
The IBM System Storage N5200 and IBM System Storage N5500 support a combination of up to 30 advanced software features ranging from comprehensive system management and storage management to disaster recovery and backup solutions.
"Customers are constantly striving for a low total cost of ownership and long-term investment protection when purchasing storage solutions," said Barry Rudolph, vice president, storage systems, IBM. "As the second set of solutions to be announced as part of the IBM and NetApp relationship, the N5000 series supports a broad range of network attached storage needs, and is designed to provide more scale, more attachment flexibility, and a richer set of software capabilities."
The N5000 series is suited for small data centers and remote regional offices. For distributed enterprises with remote and branch office sites, the solution can help improve business continuity and reliability. Advanced software features provide additional high availability features offering centralized disk-to-disk based backup and disaster recovery solutions for organizations requiring the need to implement cost-effective data protection environments.
The N5000 systems can help increase data availability, simplify backup and restore operations by implementing centralized backup through a single methodology, helping to reduce tape management requirements and the need for remote systems administration. It also supports sites with computer and data-intensive enterprise applications such as database, data warehousing, workgroup collaboration and messaging.
The N5000 series is designed to provide customers with access to their storage investments through all major storage access protocols including NAS, iSCSI for IP SAN and FCP protocol for Fiber Channel SAN environments. Support for NAS, IP SAN and FC SAN environments operate concurrently or separately based on the customer's needs.
The IBM System Storage N5200 and N5500 products differ only in high availability features, scalability and performance capabilities. IBM plans to make them generally available on December 9, 2005 in both single and dual storage controller models, with list prices for the N5200 starting at approximately $60,000, and list prices for the N5500 starting at approximately $85,000.
Today's announcement represents the second set of product offerings resulting from the technology and marketing alliance between IBM and NetApp that was announced in April. In August, IBM introduced the IBM System Storage N3700, which is designed to offer an economical and robust network attached storage solutions for small and medium-sized businesses of less than 1,000 employees.
-------------------- Buy Low. Sell High. Posts: 10755 | From: The Land Of The Giants | Registered: Feb 2005
| IP: Logged |
Internal Hydro International Announces its European Partner and Projected Revenue of $14 Million Under Agreement Tuesday November 8, 11:15 am ET
TAMPA, Fla., Nov. 8, 2005 (PRIMEZONE) -- Internal Hydro International, Inc. (OTC BB:IHDR.OB - News), an alternative energy company that developed a clean energy hydrogen power system, announced today that their joint venture partner, Cm2, anticipates that sales in Italy and other parts of Europe will create revenue streams representing more than double that which is available in the domestic U.S. market. Under the agreement, and as forecast by Cm2, IHDR will receive a minimum revenue stream of $14,000,000 in the first eighteen months. Cm2, (http://www.cmdue.it) based in Terni, Italy, has been operating in its present structure since 1988, providing turnkey energy production and related products to Italian utilities and industries. The company provides power generation plants, electrical systems, and renewable energy products to customers such as Colgate Palmolive Europa, Siemens, Marangoni, and the Rome Airport, and provision of over 10 megawatts of photovoltaic systems throughout Italy. With a 30,000 square foot production facility, onsite engineering, and staff, Cm2 provides electrical power components throughout Europe.
Giovani Linari, of Cm2, states that Cm2's knowledge of the Italian and European laws and regulation will allow the immediate installment of the units in numerous locations (dams, aqueducts, thermal energy plants, and others) bringing a consistent boost and acceleration of the JV business plan for Europe.
IHDR's joint venture partner, Cm2, will assist in the sales and distribution of IHDR's Energy Commander Systems Unit (EC unit). Cm2 expects that each EC unit will generate annual revenues in excess of US$44,000. Cm2 expects to distribute between 300 and 600 units in their first fiscal year, in addition to domestic U.S. distribution. Under the joint venture agreement, IHDR shall receive approximately 35% of revenue plus approximately $2,500 per unit produced for European use as a one-time up front payment per unit sold as well as a large share of revenues gained from the EC units that are distributed in Europe. With a five to seven year life span, the EC unit, with a projected cost of about $7,500.00 per unit according to Cm2, will bring a 29-to-1 cost to revenue basis.
Due to the ecologically friendly energy policies surrounding the Green Certificate Market, the revenue stream available for alternative energy production is much larger than that in the U.S. Green Certificates (CVs) in Italy normally sell in excess of 100 euros per Megawatt Hour (100.00 euros/MWh), which is over $120.00 per MW hour, or $0.12 per Kilowatt hour. In the U.S. market renewable energy credits are valued at a fraction of such value, as low as $0.002 per Kilowatt hour. Certification of the EC unit for Green Certificates in Europe will be more predictable, and centralized than in the U.S. market, where certifications fall to private as well as governmental entities. Cm2 expects the EC unit to readily fit into the Italian Green Certificate market upon first unit completion, and then adopted readily into the remaining European green tag structure.
-------------------- Buy Low. Sell High. Posts: 10755 | From: The Land Of The Giants | Registered: Feb 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
