NetApp Completes Acquisition of Bycast Inc.

NetApp Completes Acquisition of Bycast Inc. Sunnyvale, Calif.-May 14, 2010-NetApp (NASDAQ: NTAP) today announced that it has completed the acquisition of Bycast Inc., a privately held company headquartered in Vancouver, British Columbia, Canada, under terms of the definitive agreement announced on April 7, 2010.

Bycast extends NetApps leadership position in unified storage by adding an object-based storage offering to manage petabyte-scale, globally distributed repositories of images, video, and records for enterprises and service providers. Bycast also expands NetApps position in key markets such as healthcare, digital media, Web 2.0, and cloud services providers.

Bycasts former headquarters is now the NetApp Vancouver Technology Center, responsible for existing Bycast products and future product development.

Additional details on the NetApp acquisition of Bycast can be found in the April 7, 2010 initial acquisition press release.

About NetApp

NetApp creates innovative storage and data management solutions that accelerate business breakthroughs and deliver outstanding cost efficiency. Discover our passion for helping companies around the world go further, faster at www.netapp.com.

Press Contact:

Roger Villareal

NetApp

(408) 822-1959

rogerv@netapp.com

NetApp, the NetApp logo, and Go further, faster are trademarks or registered trademarks of NetApp, Inc. in the U.S. and other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include the anticipated benefits to be obtained from NetApps acquisition of Bycast, including Bycasts product capabilities and compatibility. These forward-looking statements involve risks and uncertainties, and actual results could vary. Factors that could impact our ability to achieve our goals include our ability to successfully integrate Bycasts operations and products with our own; the future success of both companies product lines; general economic and industry conditions, including expenditure trends for storage-related products; our ability to deliver new product architectures and products that meet market acceptance; our ability to design products that compete effectively from a price and performance perspective; and other important factors as described in NetApp reports and documents filed from time to time with the Securities and Exchange Commission.

LINK:	http://www.netapp.com/us/company/news/press-releases/news-rel-20100514...
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