On Friday, IBM announced the general availability of the N3700. Here is an exerpt from the press release:

ARMONK, NY – Aug 2, 2005 – IBM today announced an array of new storage offerings that further broadens its portfolio of solutions expressly designed for the fast-growing small and medium-sized business (SMB) market.

The first is an entry-level storage disk offering, the first product resulting from the recent IBM alliance with Network Appliance (NasdaqNM:NTAP – News), followed by a roadmap to introduce an expanded product line in the fourth quarter of 2005.

The first product resulting from the alliance, the IBM TotalStorage N3700, is designed to offer an economical and robust network attached storage (NAS) solution for small and medium-sized businesses of less than 1,000 employees, yet is versatile enough to be used in large, distributed enterprises with remote office and branch office storage requirements. The device also incorporates iSCSI technology, a segment that is tracking the growth of SMB storage and is predicted to increase at a compound annual growth rate of 107% through 2009, according to analyst firm IDC.

Link: IBM TotalStorage N Series: Overview – IBM Network Attached Storage
Link: N3700 Press Release