EMC Names Bruce H. Rampe Vice President, Enterprise Software; Pioneering Software Industry Executive Joins EMC to Lead Rapidly Growing Enterprise Storage Software Business

Business Wire, Sept 25, 1998

HOPKINTON, Mass.--(BUSINESS WIRE)--Sept. 25, 1998--EMC Corporation, the world's leading provider of enterprise storage systems and software, today announced the appointment of Bruce H. Rampe to the newly created position of Vice President, Enterprise Software. Rampe will be responsible for directing EMC's rapidly expanding software business, which will help fuel the next wave of the company's growth. He will report to Robert Dutkowsky, Executive Vice President, Markets and Channels.

Revenue from EMC's leadership portfolio of enterprise storage software products is expected to reach approximately 10% of total revenue in 1998, and to more than double the $177 million in software revenue achieved by EMC in 1997.

Michael C. Ruettgers, EMC President and CEO, said, "In a very short time we have become one of the world's fastest-growing major software companies, by developing products that complement our industry-leading Symmetrix Enterprise Storage systems and help organizations manage, protect and share their expanding volumes of information. As we enhance the structure behind our world-class software offerings, we are pleased to add an executive of Bruce's caliber and experience."

Rampe, 55, joins EMC after holding a series of domestic and international general management and executive positions in the independent software industry. In the 1980s, he built the marketing and sales organization as Vice President for Software Arts, Inc., the creator of VisiCalc, the world's first electronic spreadsheet for PCs. Following the sale of Software Arts to Lotus Development in 1985, Rampe joined BBN Software Products Corporation. In his nine years at BBN Software Products Corp., including six as President and CEO, he grew annual revenue more than tenfold. Rampe next served as Executive Vice President for Canadian startup Argus Technologies, Inc., launching the first dynamic virtual mapping software for the Internet. Since 1996, when Argus was acquired by Autodesk, he has been President and CEO of NobleNet Inc., a startup specializing in connectivity software for distributed Internet applications.

Robert Dutkowsky, EMC's Executive Vice President, Markets and Channels, said, "Software has become the greatest factor differentiating EMC from our competitors. Bruce brings an impressive record of success achieved over nearly two decades in the independent software industry, and his appointment is a major step toward helping EMC realize the full potential of our software business."

EMC Corporation, a Fortune 500 company based in Hopkinton, Massachusetts, is the world's technology and market leader in the rapidly growing market for intelligent enterprise storage systems, software and services. The company's products store, retrieve, manage, protect and share information from all major computing environments, including UNIX, Windows NT and mainframe platforms. The company has offices worldwide, trades on the New York Stock Exchange under the symbol EMC, and is a component of the S&P 500 Index. For further information about EMC and its storage solutions, EMC's corporate Web site can be accessed at http://www.EMC.com.

This release contains statements about future revenue growth that are "forward-looking statements" under the Federal Securities Laws. Actual results could vary materially. Factors that could cause actual results to vary materially include, but are not limited to: component quality and availability, transition to new products, the uneven pattern of quarterly results, changes in business conditions, changes in EMC's sales strategy and product development plans, changes in the data storage marketplace, competition in the data storage market, competitive pricing pressures, continued market acceptance of EMC's products, delays in the development of new technology, changes in customer buying patterns, Year 2000 issues, one-time events and other important factors disclosed previously and from time to time in EMC's filings at the U. S. Securities and Exchange Commission.