97 billion in 1998. With the introduction of Symmetrix Remote Data Facility in 1994, EMC became the world"s leading storage-based solution for business continuity and disaster recovery. EMC"s portfolio of storage software includes EMC TimeFinder, EMC Data Manager, EMC PowerPath and Symmetrix Manager. With its $445 million in software revenue in 1998, this makes EMC one of the world"s largest and fastest-growing software companies. .

             The major customers of EMC include the world"s largest banks and financial services firms, telecommunications providers, airlines, retailers and manufacturers, as well as governments, universities, and scientific institutions. These customers rely on EMC"s innovative storage solutions for such applications as online reservation systems, transaction processing, customer billing, year 2000 compliance, the Internet and corporate intranets, business continuance/disaster recovery, data mining and data warehousing. EMC has also formed alliances with the world"s leading software, application and database companies, such as Microsoft, SAP, Oracle, Baan, and PeopleSoft. .

             EMC is a global organization, and is represented by more than 100 offices worldwide. The company manufactures its products in Massachusetts and Ireland. EMC has R&D facilities in Massachusetts, Colorado, Israel, and France. They also have Customer Support Centers in Massachusetts, Ireland, Japan, and Australia. EMC holds the most strict quality management certification from the International Organization for Standardization (ISO 9001) and its manufacturing operations hold MRP II Class A certification. The company trades on the New York Stock Exchange under the symbol EMC and is a component of the S&P 500 Index.

             EMC: Top Level Management.

             Richard J. Egan- Founder and Chairman Egan is a founder of EMC Corporation. He has served as Director since the companies inception in 1979. In 1988, Egan brought the company public and was elected Chairman of the Board.