IRVINE, Calif., Oct. 24, 2005 (PRIMEZONE) -- "The insatiable need for ever-expanding terabytes of data storage created by the growing demand to digitize and store just about everything business-related, has brought a boon to the data storage industry," stated SmallCap Sentinel analyst D.R. Clark. "According to a recent Wall Street Journal article, corporations are becoming digital pack rats on a scale never before imagined. And leaders in the $23 billion data storage hardware market are benefiting in a big way."
"There is a broad consensus among industry analysts that corporate data-storage capacity is growing by as much as 60% per year. One of the largest of the information storage and management players, EMC Corp. (Nasdaq:EMC), reported third quarter revenues nearly doubled over the same period last year, while Network Appliance (Nasdaq:NTAP) reported a year-over-year growth rate of over 49% in its second quarter, out-pacing all of its storage software peers," said Clark.
"In an age where it seems that everything from snapshots and video, to whole libraries of books and massive corporate databases necessitate digital archival, demand for innovative technology used to backup, restore and protect all those mounting bytes of information has never been higher," Clark added.
Such demand is being filled by companies like Incentra Solutions, Inc. (OTCBB:ICNS) a provider of complete IT & storage management solutions to broadcasters, enterprises and managed service providers worldwide. "Savvy investors will seek out true innovators in this fast-moving marketplace," said Clark.
An informational report "ANALYST NOTES: Technology Growth & Emerging Companies" including information on EMC, NetApp, and Sun Microsystems, Inc., (Nasdaq: SUNW) has been made available at www.SmallCapSentinel.com.
A detailed profile on Incetra Solutions is available at: http://www.stockupticks.com/profiles/10-10-05.html
Statements made herein contain forward-looking statements and are subject to significant risks and uncertainties that affect results. SmallCap Sentinel and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect any proposed actions and cannot project its capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy nor offer to sell securities but is rather a paid advertisement provided for information purposes only and shouldn't be used as basis for any investment decision. MP isn't an investment advisor and this report isn't investment advice. MP has been paid $22,500 by Incentra Solutions for preparation and distribution of this report and other advertising services over a 90 day period. Additionally, MP and/or its affiliates, associates and employees from time to time may have either a long or short position in any securities mentioned. This constitutes a conflict of interest as to MP's ability to remain objective in communication regarding the subject companies.