Verizon Business to Help Foster Innovation in Storage Networking

BASKING RIDGE, N.J. - To help foster innovation in storage networking and encourage the development of new products and services to meet customers' data storage needs, Verizon Business today announced it has joined the Storage Networking Industry Association (SNIA).

As a member of the association, Verizon Business will help to address critical issues in the technical standards and interoperability of storage networks, provide insight into emerging trends in data management, and promote best-practice scenarios for corporate leadership and IT managers.

"The SNIA serves as the industry catalyst for the development of storage solutions and standards," said Nancy Gofus, Verizon Business vice president of product management. "Verizon Business' involvement in the SNIA underscores our focus on helping companies store and manage increasing amounts of data that are essential to running their business."

The association also acts as a global forum for technology companies to join together in the development and marketing of open storage networking solutions to advance the accessibility, reliability and security of data worldwide.

"The SNIA is dedicated to advancing the adoption of storage networks around the world," said Wayne M. Adams, chairman of the SNIA. "With Verizon Business as a member, we believe the company, through its innovative approach to storage networking and commitment to standardization, will continue to play a key role in moving the industry forward."

Verizon Business delivers a comprehensive storage portfolio to meet the needs of large business and government agencies for control, ownership and management of data, including: Storage Planning & Design, Networked Storage, Managed Storage, Hosted Storage, and Remote Backup & Restore. Verizon's storage portfolio is part of an extensive suite of IT products and services consisting of infrastructure services, managed applications and managed IT services.

Look for Verizon Business at the annual Gartner Storage Summit 2006, June 12 through 15 in Kissimmee, Fla., where it will showcase its storage networking and IT solutions products in Booth No. 6. Additional information on the storage summit can be found at: www.gartner.com/2_events/conferences/str22.jsp.

About the SNIA

The Storage Networking Industry Association (SNIA) is a not-for-profit global organization made up of more than 420 active member companies plus their worldwide affiliates and close to 7,100 active individuals spanning virtually the entire storage industry. SNIA members share the common goal of advancing the adoption of storage networks as complete and trusted solutions. To this end, the SNIA is uniquely committed to delivering standards, education and services that will propel open storage networking solutions into the broader market. For additional information, visit the SNIA web site at www.snia.org.

About Verizon Business

Verizon Business, a unit of Verizon Communications (NYSE: VZ), is a leading provider of advanced communications and information technology (IT) solutions to large business and government customers worldwide. Combining an unsurpassed global network reach with advanced technology and professional service capabilities, Verizon Business delivers innovative and seamless business solutions to customers around the world. For more information, visit www.verizonbusiness.com