EMC Strengthens Operational Alignment

Hopkinton, - November 29, 2001 -

Joe Tucci, EMC President and CEO, today announced the creation of three operating units to strengthen the alignment of the company's operations with its business strategy and accelerate the worldwide customer adoption of its industry-leading hardware, open software and services portfolio. EMC Corporation (NYSE:EMC) is the world leader in information storage.

Storage Platforms Operations will integrate all engineering and manufacturing operations for EMC's market-leading storage platforms. David Donatelli has been promoted to Executive Vice President and will lead this unit, which includes the development of EMC's Symmetrix and CLARiiON families of networked storage systems and EMC Celerra network-attached storage (NAS) systems. Donatelli, 36, is a 14-year EMC veteran who has held senior management positions in nearly every area of the company. Most recently, he served as Senior Vice President, Corporate Marketing and New Business Development. During his tenure as head of New Business Development, Donatelli led a team that completed the acquisitions of eight companies, including Data General, and the successful spinoff of McDATA Corporation.

Open Software Operations will be responsible for the development and acceleration of EMC's leadership open storage software products and their integration and interoperability with other industry products. Erez Ofer has been promoted to Executive Vice President and will lead this unit, which includes the software portfolio in support of EMC's new AutoIS (Automated Information Storage) strategy, such as EMC ControlCenter/Open Edition and other management software programs, as well as the new EMC WideSky initiative and open connectivity programs. Ofer, 39, has spent the past nine years with EMC, most recently as Senior Vice President and Chief Software Architect. A holder of more than 20 storage-related patents, he has led the successful development of the world's most open storage solutions and software products.

Customer Operations is responsible for maximizing the worldwide distribution and support of EMC's industry-leading storage platforms, open software technologies and services, and for ensuring the quality of customers' experience with EMC. Frank Hauck will continue to lead EMC's direct and indirect sales, customer service and professional services organizations in his role as Executive Vice President of this unit. Hauck, 42, has spent the past 11 years at EMC, having held senior management positions leading customer service, manufacturing and R&D, as well the successful integration of EMC's 1999 acquisition of Data General.

Joe Tucci, EMC President and CEO, said, "I am extremely confident that the formation of these operating units will strengthen the alignment of our operations with our open storage strategy, and accelerate both the adoption of our solutions and the extension of EMC's market leadership. These operating units, under the leadership of three of EMC's most accomplished and respected executives, will enable faster time to market for new products, greater manufacturing efficiencies, and even higher levels of customer satisfaction than the world-class standards we have traditionally set."

EMC also announced today that Moshe Yanai will assume the role of Founder and EMC Fellow, reporting to Tucci and advising the company on technology-related matters. In his new role, Yanai will serve as a technical strategist and work closely with EMC's senior management team and customers. Yanai joined EMC in 1987 and was one of the founders of the modern EMC, which became the world leader in information storage. Yanai and his team were responsible for the original development and ongoing enhancement of EMC Symmetrix, which is the most advanced and successful family of storage systems ever.

EMC also announced the promotion of Bill Teuber to Executive Vice President and Chief Financial Officer. Teuber is responsible for managing the company's Finance organization and overseeing EMC's worldwide cost containment initiatives. Teuber's EMC experience spans nearly 11 years, including his role as the company's lead audit partner for the former Coopers & Lybrand. He joined EMC in 1995 and has been the company's CFO for nearly five years. He has led the team responsible for EMC's strong balance sheet and the steady growth of the company's cash and investments.

EMC Corporation is the world leader in information storage systems, software, networks and services, providing the information infrastructure for a connected world. Information about EMC's products and services can be found at http://www.EMC.com.