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Business Description
Network Appliance, Inc. is a provider of enterprise network storage and data management solutions. NetApp network storage solutions and service offerings provide data-intensive enterprises with consolidated storage, improved data center operations, economical business continuance and efficient remote data access across the distributed enterprise. NetApp products consist of filer storage appliances, NearStore appliances, NetCache content delivery appliances, data management and content delivery software and support services. All NetApp systems come packaged in rack-mountable enclosures that can be installed in a customer's existing server racks or factory-installed and configured in cabinets.

Financial Information
Network Appliance, Inc. designs, manufactures, markets and supports high-performance network data storage devices that are designed to provide fast, reliable file service for data-intensive network environments. For the three months ended 7/26/02, net sales rose 3% to $206.8 million. Net income totaled $16.2 million vs. a loss of $513 thousand. Results reflect higher service revenue from customer support contracts, an improved gross profit margin and lower amortization charges.