SANTA CLARA, Calif. (October 17, 2001) - Solid Data Systems, the leading global provider of solid-state disk systems, was honored as one of this year's 100 fastest-growing private companies by the Silicon Valley / San Jose Business Journal for the second year in a row, moving up to the number-six position.
The Business Journal engaged PricewaterhouseCoopers to rank a nominated list of privately held companies headquartered in Silicon Valley, based on their revenue growth rates for the three-year period from 1998 to 2000. Leaders were announced October 11th. Accepting the award for Solid Data was Gene Bowles, president and CEO.
"We are pleased that the Business Journal has once again recognized Solid Data as one of the fastest growing companies in Silicon Valley," said Mr. Bowles. "Our growth is being fueled by the expansion of global networks, wireless communications, and e-commerce - which in turn are driving the need for infrastructure that will support business-critical, real-time applications involving very high rates of transaction processing. We have developed innovative technology that helps our customers in the telecom and financial services industries to meet these demanding requirements in a highly cost-effective way."
Solid Data's market success was confirmed by analyst Dennis Waid of Peripheral Research Corporation, an industry analyst firm that focuses on data storage products and recently ranked Solid Data as the market share leader in solid-state disk products. "Solid Data is driving the growth of the market by expanding into new applications, and by developing software tools for enhanced manageability and ease of use."
About Solid Data Systems
Solid Data Systems is the leading global provider of solid-state disk systems that
multiply the throughput of business-critical, transaction-intensive applications
for the telecommunications and financial services markets. The Company's
headquarters are located at 3542 Bassett Street, Santa Clara, California 95054
and can be reached by phone at +1 800.287.0373, by fax at +1 408.727.5496, and
on the Internet at www.soliddata.com.
Excellerator is a trademark of Solid Data Systems, Inc. All other brands or products are the trademarks or registered trademarks of their respective owners. Solid Data Systems disclaims any proprietary interest in the trademarks of others. This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, that involve risks and uncertainties.
Media Contact:
| Jerry Martuscelli |
| Solid Data Systems +1 408-845-5794 |
| jmartuscelli@soliddata.com |