ApplianceWare - Company

Who founded the company?
ApplianceWare was founded in 1996 in Atlanta, Georgia.

Where is ApplianceWare headquartered today?
ApplianceWare is headquartered in Fremont, California.

Is ApplianceWare a public company?
No. ApplianceWare is a privately held company.

Does ApplianceWare have any plans for an Initial Public Offering (IPO)?
ApplianceWare was founded in 1996 in Atlanta, Georgia.

Does ApplianceWare have any plans for an Initial Public Offering (IPO)?
Not at this time. The company is focused first and foremost on developing and providing the best Network Attached Storage (NAS) software solutions for the market. As the company continues to be successful in this endeavor, it will take into consideration the possibility of an IPO or other strategic moves to help sustain growth and capture additional market share.

How is ApplianceWare funded?
Wit SoundView, Inc led the first major round of funding. This round of financing provided $3 million in the first quarter of 2000. An additional $13 million was raised in the second quarter of 2000 led by Oppenheimer Funds. Other significant investors include Scudder Kemper Investments and Sidus Investment Management.

Why is ApplianceWare focused on the Network Attached Storage (NAS) industry?
Demands for data storage continue to grow rapidly as companies increasingly generate vast amounts of digital information. These companies have turned to NAS as the solution to their needs. NAS is a much more cost effective and practical solution compared to traditional data storage methods. In 2000, the NAS market generated $1.2 billion and is projected to double annually generating $12 billion in 2005. As a result of continued data storage needs and the tremendous growth of the NAS industry, ApplianceWare is focused on delivering the best NAS software solutions.

Who are ApplianceWare's primary competitors in the NAS software sector?
ApplianceWare is focused on providing software solutions for OEMs, targeting the midrange, workgroup-oriented NAS market. Since we are focused exclusively on the software component of storage solutions, our only competitor is MicrosoftŽ Windows Server Applications Kit (SAK). Compared to Microsoft's SAK, ApplianceWare's NAS software consistently rates higher in performance and reliability. As a result, ApplianceWare is featured on more higher-end NAS systems than Microsoft.

How does ApplianceWare distinguish itself from its competitors?
ApplianceWare's products offer the best performance, reliability, and functionality in the NAS software market at the most competitive prices. This is the result of heavy data storage expertise, years of advanced NAS and Linux programming and extremely efficient development processes and procedures.

Has ApplianceWare ever considered entering the hardware side of NAS storage solutions?
ApplianceWare's strength lies in NAS software development and we are extremely productive at developing new NAS related technologies. We have six years in research, development and sales in the software arena, and we have strong relationships with the OEM community because we do not compete with them by providing hardware. ApplianceWare is committed to NAS software development and does not plan on competing in the hardware market.

What product does ApplianceWare Sell?
ApplianceWare markets and sells several different NAS software products and technologies including ApplianceWare's recent introduction of AW 3.3. For more information about ApplianceWare's products please refer to the AW product website (www.applianceware.com/products) or the product FAQ (www.applianceware.com/support).

Comapny FAQs PDF