SUN MICROSYSTEMS ACQUIRES TERRASPRINGSUN MICROSYSTEMS ACQUIRES TERRASPRINGInfrastructure Automation Software Company Strengthens Sun's N1 Strategy
SANTA CLARA, CA -- November 15, 2002 -- Sun Microsystems, Inc. (NASDAQ: SUNW) today announced that it has acquired Terraspring, a privately-held developer of infrastructure automation software based in Fremont, CA. The addition of Terraspring's solution to Sun's product portfolio represents a significant step in the execution of N1, Sun's strategy for data center optimization. In this first phase of N1, separate network, compute and storage elements are transformed into a single supply of resources thus enabling companies to manage their IT resources much more efficiently, and based on business needs. Pursuant to the terms of the agreement, Sun acquired Terraspring in a cash for stock transaction. Founded in June 1999, Terraspring's technology automates the deployment, management, visibility and control of heterogeneous datacenter environments including Solaris, Linux and Windows/NT Operating Environments. "Terraspring supports Sun's N1 strategy by bringing significant virtualization expertise and products to Sun," said Steve MacKay, vice president of N1 and Management Systems at Sun Microsystems. "By integrating Terraspring's software into our existing N1 foundation technologies, we're helping our customers take the first step to implementing an N1 architecture, simplifying the complexity of managing their data centers and ultimately lowering their operating costs." This press release contains forward looking statements regarding future results and performance of Sun Microsystems, Inc., including statements relating to the impact of the Terraspring acquisition and the addition of Terraspring's solutions to Sun's product portfolio and N1 strategy for data center optimization, the outcome of transforming separate network, compute and storage elements into a single supply of resources, and the effect of integrating Terraspring's software into existing N1 foundation technologies. Such statements are just predictions and involve risks and uncertainties such that actual results and performance may differ materially. Factors that might cause such a difference include risks associated with integrating an acquired company into Sun and acquired products with Sun products, lack of success in the timely development, production and acceptance of new products and services and in technical advancements, Sun's lack of ability to compete successfully in the highly competitive and rapidly changing marketplace and continued adverse general economic conditions. These and other risks are detailed from time to time in Sun's periodic reports that are filed with the Securities and Exchange Commission, including Sun's annual report on Form 10-K for the fiscal year ended June 30, 2002 and Sun's quarterly report on Form 10-Q for the fiscal quarter ended September 29, 2002. About Sun Microsystems, Inc.Since its inception in 1982, a singular vision -- "The Network Is The Computer" -- has propelled Sun Microsystems, Inc. (Nasdaq: SUNW) to its position as a leading provider of industrial-strength hardware, software and services that make the Net work. Sun can be found in more than 100 countries and on the World Wide Web at http://sun.com
Sun, the Sun logo, Sun Microsystems, Solaris and the Network Is The Computer are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and in other countries.PR Contacts for Press and Analysts:
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