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NuSpeed Duo Departs Cisco: Page 3 of 3

"Yes, the iSCSI pioneers left the big machine a tad bummed out," says Steve Duplessie, senior analyst at Enterprise Storage Group Inc. "The good news is they have a ton of money to help them over the ordeal. They are great guys who will show up again."

Here's the full text of Cree's message bidding farewell to the Cisco storage router group.

    From: Mark Cree

    Sent: Monday, January 20, 2003 10:14 AM
    To: [email protected]
    Subject: Our departure
    Dear Friends,
    Looking back over the past three years brings the realization that we have great accomplishments. We started a company that has been the driving force in the establishment of the standard and the technology for block access to storage over TCP/IP networks. This has led to the creation of a whole new industry. While it has been disappointing that the sales and marketing forces of Cisco have not matched our market development success with equal success in generating revenue, overtime iSCSI is going to change the way storage is accessed.
    It is time for us to move on. Therefore, we are providing our 2 weeks notice and giving Cisco notice that we will be resigning our positions effective on January 31, 2003. We have enjoyed working with all of you. The NuSpeed success story forever changed our lives and we will always have fond memories of those first few crazy months and the acquisition by Cisco.
    We think it is only appropriate that we leave the same way we started. enjoying some bar-b-que from Famous Daves