ComnetCo, Inc.
23 West Hills Road, 2nd Floor
Huntington Station, NY 11746
631-423-2393
631-423-3561 Fax
Email Us At:
info@comnetco.com
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We Are a Leading Value Added Reseller Offering HPC Solutions, Storage, and Internet Security Options…
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January 11, 2007 | SGI & Microsoft Join Forces to Expand High Performance Computing
Leveraging SGI's expertise in high-performance computing and Microsoft Corp.'s strategy of making HPC more accessible to a broader marketplace, SGI (NASDAQ: SGIC) and Microsoft Corp. today announced that SGI will offer Microsoft® Windows® Compute Cluster Server 2003 on SGI® Altix® XE cluster systems based on quad-core and dual-core Intel® Xeon® processors. SGI Altix XE cluster systems with Windows Compute Cluster Server will be available beginning in March 2007.
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October 17, 2006 | SGI Blasts Out Of Chapter 11 Lean, Focused & Ready For Growth
In fewer than six months after filing for bankruptcy protection, SGI today announced it has officially concluded its reorganization and has emerged from chapter 11 a new company - a leaner and more competitive market force.
The "New SGI" is the result of a massive overhaul of the Company's global operations. SGI has:
Re-engineered the Company's business model around customer needs and workflows;
Strengthened its product and solutions, creating the most competitive offering in years;
Installed a new management team fully accountable to meeting company objectives;
Installed a new Board of Directors;
Achieved annualized cost savings of $150 million; and
Recapitalized the company, eliminating long-term debt and arming it with $115 million in exit financing and a balanced operating budget.
"Today we debut the New SGI, an efficient and fully recapitalized company armed with a new, market-centric business model and empowered by a rekindled commitment to solving the problems of customers in a targeted range of markets," said Dennis McKenna, CEO of SGI.
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