Guitar Center Picks Netezza Data Warehouse Appliance
04 Juni 2007 - 7:24PM
Business Wire
Netezza, a leading provider of data warehouse appliances, today
announced that Guitar Center, Inc. (Nasdaq:GTRC), the leading
United States retailer of guitars, amplifiers, percussion
instruments, keyboards and pro-audio and recording equipment, has
implemented the Netezza Performance Server� (NPS�) data warehouse
appliance as its enterprise data warehouse solution at its Guitar
Center retail stores. Guitar Center has selected the Netezza
system, in collaboration with business intelligence software from
QuantiSense and MicroStrategy, to manage and analyze data across
its multi-channel retail business. The integrated business
intelligence solution provides Guitar Center with a consolidated
view of its operations to quickly identify and respond to trends in
the business across divisions. Following an extensive evaluation of
data warehouse solutions, Guitar Center selected the Netezza data
warehouse appliance for its performance, speed to deployment, ease
of implementation and overall business value. �We needed a business
intelligence solution that would provide us with scalability and
easy access to integrated and more detailed information to allow us
to spend more time analyzing the data,� said John Zavada, CIO of
Guitar Center. �We evaluated several solutions and felt that
Netezza�s data warehouse appliance provided us with the flexibility
and speed we needed, and the enterprise-class capabilities we
required, with very little overhead and maintenance costs.� Mr.
Zavada continued, �We have completed the successful implementation
of the NPS system throughout our retail stores and plan to roll it
out in our direct response and our Music & Arts divisions.
Ultimately, we will have easy access to integrated information
across all of our divisions and will be able to make more informed
decisions as we analyze a wider array of detailed sales,
advertising and promotion, store operations, vendor and customer
data.� �Leading retailers like Guitar Center continue to purchase
the Netezza data warehouse appliance over competing solutions to
support very complex, rapidly changing and exponentially growing
businesses,� said Andy Winans, vice president, Retail & CPG at
Netezza. �The low-cost performance of Netezza, coupled with its
ease of deployment and simple operation, have allowed our customers
to gain the kind of insight into and across their businesses that
would have cost significantly more and taken longer to achieve with
competitive solutions.� The Netezza Performance Server system is
built specifically to analyze terabytes of detailed data 10-100
times faster than existing data warehouse options, at a much lower
total cost of ownership. The NPS system stores, filters and
processes terabytes of records within a single unit, analyzing only
the relevant information for each query enabling improved
performance and deployment for Guitar Center. About Guitar Center
Guitar Center is the leading United States retailer of guitars,
amplifiers, percussion instruments, keyboards and pro-audio and
recording equipment. Our retail store subsidiary presently operates
more than 210 Guitar Center stores across the United States. In
addition, our Music & Arts division operates more than 95
stores specializing in band instruments for sale and rental,
serving teachers, band directors, college professors and students.
We are also the largest direct response retailer of musical
instruments in the United States through our wholly owned
subsidiary, Musician's Friend, Inc., and its catalogs and websites,
www.musiciansfriend.com, www.guitarcenter.com, www.wwbw.com and
www.music123.com. More information on Guitar Center can be found by
visiting the Company's web site at www.guitarcenter.com. About
Netezza Corporation Netezza is a leading provider of data warehouse
appliances. The Netezza Performance Server data warehouse appliance
integrates database, server and storage platforms in a
purpose-built system to perform detailed queries and analyses on
large volumes of stored data. Recognizing the limitations of
traditional data warehouse solutions, Netezza designed its NPS
family of data warehouse appliances specifically for analysis of
terabytes of data 10-100 times faster than traditional solutions,
with a lower total cost of ownership and greater ease of use. Based
in Framingham, Mass., Netezza has offices in Washington, DC, the
United Kingdom and Asia Pacific. The Company is backed by leading
venture capital firms, including Matrix Partners, Charles River
Ventures, Battery Ventures, Orange, Sequoia Capital and Meritech
Capital Partners. For more information about Netezza, please visit
www.netezza.com. Business Risks and Forward Looking Statements This
press release contains forward-looking statements relating to,
among other things, the implementation of the enterprise data
warehouse solution. Guitar Center�s ability to timely achieve the
expected results as contained in those forward-looking statements
may be impacted by a variety of factors including among others,
world and national political events, general economic conditions,
its ability to efficiently implement and integrate information
technology systems, its ability to integrate and profitably operate
acquired businesses such as Woodwind and Brasswind, the efficient
operation of its supply chain, including the continued support of
its key vendors, its effective management of business risks,
including litigation, and competitive factors applicable to its
retail and direct response markets. In light of these risks, the
forward-looking statements contained in this press release are not
guarantees of future performance and in fact may not be realized.
Guitar Center�s actual results could differ materially and
adversely from those expressed in this press release. Further, the
statements made by Guitar Center above represent its views only as
of the date of this press release, and it should not be assumed
that the statements made herein remain accurate as of any future
date. Guitar Center does not presently intend to update these
statements and undertakes no duty to any person to effect any such
update under any circumstances. Investors are also urged to review
carefully the discussion under the caption �Risk Factors� in Guitar
Center�s Annual Report on Form 10-K for the year ended December 31,
2006 and its Quarterly Reports on Form 10-Q for subsequent
quarters, which have been filed with the Securities and Exchange
Commission and may be accessed through the EDGAR database
maintained by the SEC at www.sec.gov.
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