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Home > Company Index > Computer Hardware > Data Storage Devices > Procom Technology, Inc.

Procom Technology, Inc.
Nasdaq: PRCM
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 PROFILE
When it comes to data, Procom Technology believes NAS is critical for critical masses. The company makes network-attached storage (NAS) systems using redundant array of independent disks and CD-ROM technologies. Procom also makes standalone servers, tape backup systems, and hard disk drive upgrade packages. Despite Procom's shift toward NAS, the company has yet to see significant sales growth in that area, and other storage products still account for 60% of sales. Procom's four founders -- chairman and CEO Alex Razmjoo and EVPs Frank Alaghband, Nick Shahrestany, and Alex Aydin -- own a combined 56% of the company.

 COMPETITION
Compaq Computer Corporation (CPQ)
EMC Corporation (EMC)
Network Appliance, Inc. (NTAP)

 DEALS
Deal: Procom and Seagate Forge Alliance
Date Announced: 03.22.01
Value of transaction (US $Mil): 0
Description: Procom will use Seagate's disk drives in its NetForce data storage servers.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: July
2000 Sales (mil.): 63.20
1-Yr. Sales Growth: (37.6)%
Employees: 243
Revenue per employee: $260,082.30

 KEY PEOPLE
• Alex Razmjoo
    CEO
• Alex Aydin
    CFO

 CONTACT INFO
58 Discovery
Irvine, CA 92618
US
Phone: 949-852-1000
Fax: 949-261-7380
Online: Web Site

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