Market Overview

Lenovo and NetApp Form Global Strategic Partnership to Accelerate Customers' Digital Transformation

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Includes a New Joint Venture in China to Deliver Localized Solutions
for World's Fastest Growing Storage and Data Market

Today at Lenovo's Transform 2.0 conference, Lenovo (HKSE: 992)
(OTC:LNVGY), a Global Fortune 500 company and a technology leader in
Intelligent Transformation, and NetApp (NASDAQ:NTAP), a Fortune
500 company and the data authority for hybrid cloud, announced a global
multi-faceted, partnership to bring innovative technology and a
simplified experience to help customers modernize IT and accelerate
their digital transformation. As innovation leaders in high-performance
computing and flash storage solutions, Lenovo and NetApp are uniquely
positioned to bring leading technology and scale to enable customers
worldwide to modernize their IT architectures from the edge to the core
network to the cloud.

The two companies are co-developing the largest range of new
Lenovo-branded storage products that combine NetApp's industry-leading
all-flash data management solutions with Lenovo's award-winning
ThinkSystem infrastructure. These new products will utilize core
software technology from NetApp and will be manufactured by Lenovo,
leveraging Lenovo's world-class supply chain, which is ranked in the top
five by Gartner for all global technology companies.

Additionally, Lenovo and NetApp announced a new joint venture company in
China to deliver storage products and data management solutions
localized and tailored to meet China's specialized requirements and
distinct cloud ecosystem. The new venture is expected to be operational
by spring 2019, pending local approvals.

"Lenovo is committed to driving the new IT - Intelligent Transformation
- through an expanding customer-centric set of data center offerings,"
said Yang Yuanqing, Chairman and CEO of Lenovo. "Lenovo is committed to
both organic and inorganic growth to meet the needs of our customers,
and maintaining the strongest global partnerships in the data center
industry."

"In today's global economy, customers demand new approaches to IT
infrastructures that support their digital transformation; through this
partnership, Lenovo and NetApp will offer a comprehensive portfolio of
products, solutions and service that is unrivaled in the market today,"
said George Kurian, Chief Executive Officer, NetApp. "Combining our
complementary strengths in customer-centric innovation, Lenovo and
NetApp will establish a new standard to accelerate our customers'
success."

"Lenovo and NetApp are uniquely positioned to deliver the
next-generation of high performance data management solutions across the
globe offering customers unprecedented new performance, value and
choice," said Kirk Skaugen, Executive Vice President, Lenovo and
President, Lenovo Data Center Group. "Lenovo, now the world's fastest
growing server company, remains committed to our vision of being the
most trusted data center partner for our customer's digital
transformation. We are bringing these new storage and data management
solutions immediately to companies in more than 160 countries with an
unmatched supply chain and services network, and through an
ever-strengthening global channel partner ecosystem."

The first solutions from this partnership – Lenovo ThinkSystem DE and DM
Series – will be globally available for purchase immediately. For more
information on this strategic partnership and other announcements from
Transform 2.0, please visit www.lenovo.com/EmpowerTransformation

About Lenovo

Lenovo (HKSE: 992) (OTC:LNVGY) is a US$45 billion Fortune Global 500
company and a global technology leader in driving Intelligent
Transformation through smart devices and infrastructure that create the
best user experience. Lenovo manufactures one of the world's widest
portfolios of connected products, including smartphones (Motorola),
tablets, PCs (ThinkPad, Yoga, Lenovo Legion) and workstations as well as
AR/VR devices and smart home/office solutions. Lenovo's data center
solutions (ThinkSystem, ThinkAgile) are creating the capacity and
computing power for the connections that are changing business and
society. Lenovo works to inspire the difference in everyone and build a
smarter future where everyone thrives. Follow us on LinkedInFacebookTwitterInstagramWeibo,
read about the latest news via our Storyhub,
or visit our website at http://www.lenovo.com/

About NetApp

NetApp is the data authority for hybrid cloud. We provide a full range
of hybrid cloud data services that simplify management of applications
and data across cloud and on-premises environments to accelerate digital
transformation. Together with our partners, we empower global
organizations to unleash the full potential of their data to expand
customer touchpoints, foster greater innovation, and optimize their
operations. For more information, visit www.netapp.com.
#DataDriven

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