IBM Storage Selected for On-line Service of Korea's Daegu Bank

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Seoul - 21 Apr 2000: -- IBM today announced that Daegu Bank, one of the most renowned banks in southeast Korea, has selected the IBM Enterprise Storage Server, commonly known as Shark, as the disk storage for its main server.

A long-time IBM storage user, Daegu Bank, serving 3.5 million customers with 1 million transactions a day, plans to leverage Shark's high availability and price performance to increase productivity and improve customer service. Daegu Bank runs its accounting and ledger duplication operations on ESS.

"IT resources are critical to deploy business strategies and to beef up global competitiveness. As a long-time IBM user, we found IBM stands for realiability and availability. It provides the critical IT infrastructure that brings us momentum to grow. That's why we chose IBM as our strategic IT partner," said Mr. Jong-Kyu Kim, deputy manager, CIO Dept. of Daegu Bank.

"IBM will continue to work with Daegu Bank as its IT partner. By inviting advanced IT solutions into its strategic operations, Daegu Bank has always been an example of leadership for other financial institutions," said Mr. Dong-Chon Choi, manager of Storage Systems Division, IBM Korea.

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