Storage Technology Corporation - STK- Profile

Storage Technology Corporation. The Group's principal activities are to design, develop, manufacture and market a broad range of information storage solutions for digitized data, including business continuity and disaster recovery solutions. These solutions are designed to allow universal access to data across servers, media types and storage networks in both the mainframe and open-systems environments. The Group is organized into two business segments: Storage products and Storage services. The storage products include tape and tape automation products, disk products and network products. The storage services help the customers to solve their storage management and integration issues. The products of the Group are used by multinational companies, midsize and small businesses, universities, medical institutions and governmental agencies. The Group operates in the United States, Canada, Europe, Asia-Pacific and Latin America. Storage Products accounted for 59% of 2004 revenues and Storage Services, 41%