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QUANTUM'S NEW STORNEXT 3.0 SOFTWARE ENHACES DATA SHARING AND PROVIDES FIRST-IN-CLASS DATA DE-DUPLICATION FOR REDUCED DATA RETENTION COSTS

  • 04 April, 2007 11:58

<p>Builds on StorNext’s Leadership in Meeting Diverse Set of Storage Needs with a Single Solution</p>
<p>SYDNEY, Aust., Apr. 3, 2007 – Quantum Corp. (NYSE:QTM), the leading global specialist in backup, recovery and archive, today introduced StorNext® 3.0 data management software. With this newest generation of Quantum’s StorNext solution, the company has enhanced the architecture to add more value to business operations. StorNext 3.0 extends high performance, resilient data sharing to servers on the local area network (LAN) and integrates Quantum’s patented data de-duplication technology to reduce data retention costs even further. In addition, it enables customers to expand storage capacity and replace storage devices while keeping the system online.</p>
<p>“While the competition scrambles to integrate disparate products to meet the needs of content-driven markets, Quantum has raised the bar with StorNext version 3.0,” said Brian Garrett, an industry analyst with the Enterprise Strategy Group. “The new and improved StorNext will be appreciated not only by thousands of existing customers in the rich media and HPC markets who rely on StorNext software for fast access to shared file systems, improved workflow and automated HSM, but also by enterprises looking for a better way to share and manage unstructured digital assets.”</p>
<p>Demonstrating Quantum’s leadership in meeting customers’ evolving storage challenges, StorNext 3.0 provides users with the following new benefits:</p>
<p>Distributed LAN Client enables applications on the LAN to access a shared pool of storage faster, and with a higher level of resiliency, than most traditional network sharing methods can provide. Using clustered gateways for access and an optimised communication protocol for performance, LAN Client not only extends data sharing but also delivers enterprise features such as load balancing and transparent I/O failover.</p>
<p>Data Reduction Storage is a specialised tier of disk that uses data de-duplication to reduce a customer’s data footprint, saving money by lowering capacity requirements and enabling data to be retained on fast recovery disk for a much longer period of time. Quantum has pioneering data de-duplication technology, a fundamental enabler for storage applications in backup and archive. StorNext is the first product of its kind to include such intuitive, user-specific data reduction technology.</p>
<p>Dynamic Resource Allocation increases uptime by enabling online service operations. It allows customers to scale their storage – adding new storage capacity or transparently swapping out disk arrays during hardware upgrades – while the system is active.</p>
<p>Quantum StorNext Advantages</p>
<p>Since its introduction in 2002, StorNext has helped users share, retain and re-use revenue-generating digital assets such as video, images, audio files, and research-analysis data sets. Proven in the most demanding environments, it offers resilient, high speed access to shared pools of such assets from both LAN and SAN servers, so projects are completed faster. StorNext also has embedded data movement technology which transparently moves data between storage tiers for better cost control and data protection. The entire solution is built on an open architecture supporting the widest range of server platforms, operating systems, and storage types in the industry, thereby preserving customer choice. Because StorNext is flexible and highly scalable, it has been particularly successful in data-intensive environments such as rich media, government, and scientific markets.</p>
<p>“We are committed to helping customers make better and longer use of their digital assets to generate revenue and save money,” said Lance Hukill, vice president of Software Sales for Quantum. “But we also recognise that mainstream IT customer needs are evolving and beginning to converge with those of StorNext’s traditional users, and that makes Quantum uniquely positioned to extend StorNext’s value to a broader customer base.”</p>
<p>Quantum plans to begin shipping StorNext 3.0 in the second calendar quarter of 2007.</p>
<p>About Quantum
Quantum Corp. (NYSE:QTM) is the leading global storage company specializing in backup, recovery and archive. Combining focused expertise, customer-driven innovation, and platform independence, Quantum provides a comprehensive, integrated range of disk, tape, and software solutions supported by a world-class sales and service organization. As a long-standing and trusted partner, the company works closely with a broad network of resellers, OEMs and other suppliers to meet customers’ evolving data protection needs. Quantum Corp., 1650 Technology Drive, Suite 700, San Jose, CA 95110, (408) 944-4000, www.quantum.com.</p>
<p>###</p>
<p>Quantum, the Quantum logo, DLT, DLTtape, the DLTtape logo and StorNext are registered trademarks of Quantum Corporation and its affiliates. All other trademarks are the property of their respective owners.</p>
<p>"Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Specifically, without limitation, statements relating to 1) customer benefits and value to customers from using the StorNext software, 2) customer demand for and Quantum’s future sales of such software and 3) the availability of such software, are forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties. As a result, actual results may differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially from those described herein include, but are not limited to, operational difficulties, unforeseen technical limitations, unexpected material deviation in product operation, the ability of competitors to introduce new solutions that compete more successfully with our solutions, and unanticipated changes in customers’ needs or requirements. More detailed information about these risk factors, and additional risk factors, are set forth in Quantum's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled " Risk Factors," on pages 39 to 50 in our Quarterly Report on Form 10-Q filed with the SEC on February 8, 2007 and on pages 14 to 25 in Quantum's Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 12, 2006; and those described in any subsequently filed reports. Such reports contain and identify important factors that could cause actual events and results to differ materially from those contained in our projections or forward-looking statement. Quantum expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.</p>
<p>Contact:</p>
<p>Rebecca Blasina</p>
<p>Public Relations</p>
<p>MAX Australia</p>
<p>(612) 9954-3492</p>
<p>rebecca.blasina@maxaustralia.com.au</p>

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