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ARISTOS Logic: Press Releases

Aristos Logic Secures $18 Million In Funding
Investment from Infineon Technologies AG provides additional momentum
to the leading developer of silicon solutions for networked storage

Foothill Ranch, California - March 5, 2001 -Aristos Logic announced today that it has raised a total of $18 million in funding since its inception. The financing was received from Infineon Technologies AG, one the world's leading semiconductor suppliers headquartered in Munich, Germany. $9.2 million of the total was an equity investment, provided to the company last calendar year, the balance is being provided between now and July of this year. The company intends to use the funding to continue aggressive development of FibreSlice™, it's flagship product for the networked storage market.

"Data is being created at an exponential rate and this has magnified the need for effective ways to store and manage this data. Networked storage provides this capability and Aristos Logic is developing technologies that will dramatically enhance the performance and manageability of networked storage. With this funding in place, we will have the strong financial base to deliver paradigm changing storage solutions" said Anil Gupta, President & CEO of Aristos Logic.

Aristos Logic was incorporated in February 2000 and was spun off from Western Digital Corporation, a leading supplier of hard disk drives. Armed with a strong engineering team and a complete VLSI design infrastructure, Aristos Logic has been developing an innovative silicon architecture called Storage Processing Unit (SPU™). The SPU is an interface agnostic technology, designed to support up to 10Gb per second host speeds and can be applied effectively to a variety of networked storage topologies.

"Our team has a unique blend of talents. We intimately understand how data is accessed at the point of delivery, namely, the disk drives. This, combined with our knowledge of hardware transaction processing, I/O interfaces and RAID systems, enables us to provide technologies such as the SPU that add significant value to our customer's products and bring tangible benefits to the end-users." added Gupta.

Headquartered in Foothill Ranch, California, Aristos Logic is a leading developer of innovative, paradigm changing silicon solutions for networked storage market. Aristos Logic is the inventor of Storage Processing Unit (SPU™), a technology designed to bring a whole new level of performance, manageability, flexibility and scalability to networked storage. Founded in February 2000, Aristos is staffed by industry professionals with deep experience in System on Chip (SoC) design, hard disk drives, storage management, RAID controllers, hardware automation and I/O interface technologies. For further information, please visit our Web site at www.aristoslogic.com.

Aristos Logic Contact:
Adam Zagorski
Aristos Logic Corporation
T: (949) 380-3447
F: (949) 380-3499

 
     
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