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TRICORD SYSTEMS LAUNCHES LUNAR FLARE APPLICATION APPLIANCE SERIES FOR INDEPENDENT SOFTWARE DEVELOPERS AND SYSTEMS INTEGRATORS Certifies Linux-based Applications on Platform with Unique Clustering and Storage Capabilities through new Application Partner Program MINNEAPOLIS, MN - (November 8, 2001) - Tricord Systems, Inc. (Nasdaq: TRCD) -- developer of the revolutionary IlluminaTM clustering software and Lunar FlareTM NAS appliance-- today announced a new application appliance series for independent software developers and systems integrators. The Lunar Flare AA 1100 and AA 1200 support Linux-based applications, consolidating them on an easy-to-manage, fault tolerant, scalable platform with unique clustering and storage capabilities. "The introduction of Tricord's new application appliance series signifies an important opportunity for application developers and systems integrators to offer their customers a solution that combines the application server and the application storage," said Joan Wrabetz, President and CEO, Tricord Systems. "Our new Lunar Flare application appliance series greatly expands the functionality of our patented technology, by supplementing our existing NAS product line with a rich platform for software developers who understand the benefits of using clustered appliances to host their content-hungry applications." Tricord's application appliance series combines a high-performance Linux server with built-in clustered storage, making it an optimal appliance solution for content-hungry applications. Typically, hosting the application on an Illumina-based cluster will eliminate the need for separate application and storage appliances, and greatly reduce the management costs for customers. This approach simplifies deployment, reduces up-front acquisition costs, and allows the independent software vendor (ISV) or systems integrator to take advantage of Tricord's simple management, fault tolerance and scalability. In addition, applications can take advantage of the linear scalability of Tricord's Lunar Flare clusters, meaning that overall system throughput grows as the number of appliances in the cluster increases. "Using server appliances to host independent software applications opens up new growth paths in the market," said Pushan Rinnen, Senior Analyst, Gartner Dataquest. "By offering an open server appliance that incorporates storage capabilities, vendors can provide a great advantage for application developers and systems integrators, particularly in vertical markets that generate lots of data." Tricord's new application appliance series includes two models -- the Lunar Flare AA 1100 and the Lunar Flare AA 1200. Each Lunar Flare AA 1100 provides 135 GBs of raw capacity, for a total of 2 TBs of clustered capacity with 16 appliances. The Lunar Flare AA 1200 appliance offers 240 GBs raw capacity, with a cluster of 16 appliances providing almost 4 TBs of raw capacity. Tricord's Application Partner Program Tricord Systems' new Application Partner Program supports certification of applications with Lunar Flare clusters. An application can be certified either as an integrated application running on the Lunar Flare Application Appliance platform, or as a tethered application using Lunar Flare NAS as back-end storage. Specific benefits of participation in Tricord's Application Partner Program include: · Development discounts on Lunar Flare appliances · An integration tool set with the Lunar Flare AA platform · Training and documentation · Dedicated application engineering support · Joint marketing activities In addition, Tricord provides support for systems integrators that wish to certify applications with the Lunar Flare AA series. Ferrell Information Systems, a systems integrator that provides IT solutions for the construction industry, successfully combined Tricord's server appliance with enterprise network infrastructure software from Tarantella Inc., (Nasdaq: TTLA), to provide a complete solution for managed access of software applications through a Web browser. "Tricord's new application appliance series solves several problems for end users," said Jerad Ferrell, Executive VP, Ferrell Information Systems. "By running enterprise software on Tricord's clustered appliance, we've eliminated a server, and provided our customers with a very easy-to-manage solution that offers exceptional performance, scalability, and fault tolerance features." For additional information on how to certify a software application, please contact Tim Nelson at 720-548-4152, or email application_integration@tricord.com. About Tricord's Illumina Software Tricord's IlluminaTM software includes a revolutionary distributed file system and management technology that clusters multiple server appliances into a single resource. Because multiple appliances in a cluster are managed as one entity, many of the tasks associated with managing and growing storage systems are eliminated. Illumina-enabled appliances are literally plug-and-play, offering seamless growth and continuous access to content with no downtime. As the number of appliances grows, performance and throughput scale along with capacity. This is achieved without expensive system administration or downtime due to the ability of the appliances to operate as a single unit. About Tricord Systems Tricord Systems, Inc. designs, develops and markets innovative server appliances and software for content-hungry applications. The core of Tricord's revolutionary new technology is its patented Illumina™ software that aggregates multiple appliances into a cluster, managed as a single resource. Radically easy to deploy, manage and grow, Tricord's products allow users to add capacity to a cluster with minimal administration. Appliances are literally plug-and-play, offering seamless growth and continuous access to content with no downtime. The technology is ideally suited for applications including general file serving, imaging, archiving, and web serving. Tricord is based in Minneapolis, MN with offices in Colorado, California and Georgia. For more information, visit www.tricord.com. "Safe-Harbor'' Statement Under Private Securities Act of 1995: The statements contained herein that are not historical facts contain forward-looking information with respect to plans, projections or future performance of the Company, including the Company's expectations regarding market acceptance of its products, revenues and operating expenses. There is no guarantee or assurance that these plans, projections or future performance of the Company as indicated will be achieved, and actual results could differ materially. Factors, certain risks and uncertainties that could impact the Company's future results include, without limitation, the ability of the Company to develop and release commercially its server appliance products in a timely manner, delays in the market acceptance of the Company's products due to market conditions, software errors or other factors, the ability to generate revenues at a level that meets expectations, the ability to successfully establish and maintain a competitive position in the server appliance market, the ability to respond to changes in technology and industry standards, the ability to enter into partner relationships or otherwise develop distribution capabilities, the ability to protect and enforce its intellectual property rights, the ability to hire and retain required personnel, the ability to raise additional capital if required, and other risks and uncertainties detailed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking information. Media Contacts: Rebecca West, Atomic PR 415-703-9454 Tracey Floming, Tricord 720-548-4137 Patty Oien, InterActive Public Relations 415-703-0400 ext.234 Bette Kun, Tarantella 831-427-7397 Tricord Investor Contact: Investor Relations 763-551-6402 *** mike crusick www.atomicpr.com 415.703.9454 main 415.553.4303 direct