SOURCE: Raid Incorporated

May 31, 2005 14:55 ET

RAID Incorporated Acquires Certain Enterprise Storage Assets of Aviv Corp.

LAWRENCE, MA -- (MARKET WIRE) -- May 31, 2005 -- RAID Incorporated, a managed data storage service provider specializing in custom manufacturing of leading edge storage solutions, announced today an agreement to acquire certain storage assets of Aviv Corporation. RAID, founded in 1994, was created with the sole purpose of providing customers with turnkey data storage products and services that represent the industry's best value in meeting customers' growing needs to protect their digital assets.

Aviv Corp. was founded by Haim Brill in 1976 and has been designing and manufacturing data storage solutions for the past 29 years. "Moving forward, Aviv's business strategy is to leave the hardware storage segment of its business and to focus efforts on data storage and enterprise management software," stated CEO Brill. "I am happy that RAID and Aviv have come to a mutual agreement which will allow Aviv's valued customers a seamless transition to work with a seasoned storage company. RAID has excellent support and complementary products which will allow for good future relationships," continued Brill.

"Aviv and RAID have had several productive joint ventures in the past years and RAID is proud and excited to serve the entire Aviv customer base," stated Marc DiZoglio, Vice President of Sales for RAID, Inc. "Acquiring and continuing to support and sell Aviv's SANtera® Fibre Channel product set is an exciting opportunity for RAID to continue to grow its business model and we look forward to working with Aviv's customers for many years to come," stated President and CEO Greg Morris. "Aviv has spent the last several years building positive customer relationships and we are excited to continue and expand on those partnerships."

This transaction is effective May 31, 2005 and Mr. Brill will consult with RAID and be available to facilitate the transition until December of this year.

Under terms of the agreement, RAID has the right to service all existing Aviv customers.

About RAID Incorporated

Headquartered in Lawrence, MA, RAID Incorporated is a managed storage services provider (MSSP) and designs customized storage systems and solutions. RAID Incorporated's flagship service StorageWatch® is the industry's only real-time monitoring and managed storage service which reduces customers total cost of ownership by reducing operational costs associated with maintaining and administering storage systems while increasing data availability. Since 1994, RAID has been devoted to researching and developing leading-edge technologies while providing twenty-four hour support services to become one of the industry leaders. RAID specializes in solving compute, application, and disaster recovery needs with a unique platform combining hardware, software, and services.

About Aviv Corporation

Aviv Corp. was founded in 1976 to design and manufacture "plug compatible" storage systems for the proprietary internal busses found on Digital Equipment Corp. and Data General Corp. mini computers. With the demise of the proprietary busses and the introduction of the "open systems" Aviv pioneered the Storage Area Networks (SAN) and Fibre Channel technologies. Currently Aviv's emphasis has shifted more toward software for storage and enterprise management. In addition, Aviv will continue to provide seed capital and management guidance to emerging companies in the data storage and storage management field.

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