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Quantum Reaches Major Milestone With 50,000th Shipment of StorNext Data Management SoftwareHigh-Performance Shared Workflow Solution Solidifies Leadership in Media and Entertainment While Building Momentum in New Markets (September 21, 2009)
SAN JOSE, CA -- (Marketwire) -- 09/21/09 -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that more than 50,000 StorNext® File System licenses have been sold to date, with the majority of these shipments occurring in the last three years. This achievement reflects the significant value StorNext has provided to an increasingly broader range of customers during this period by enabling high-speed, resilient data sharing and multi-tier data management in open systems environments. At the same time, Quantum has continued to enhance the StorNext platform by extending the benefits it offers in SAN-based architectures to customers with LAN clients and by incorporating new features such as data deduplication to reduce data retention costs.
Originally deployed primarily by governmental agencies and companies performing large-scale data collection for purposes such as intelligence and oil and gas exploration, StorNext has been broadly adopted in recent years across the Media and Entertainment industry as it shifted to a digital-dominated creation process. StorNext's leadership in this market is evident in the customer base it has built, which includes the following:
-- The world's largest broadcaster; -- All four major U.S. television broadcast networks; -- Three of the top four American cable networks; -- Two of the top three global movie studios; and -- Leading post-production, video editing and digital content producers.
"Quantum's StorNext(r) File System plays a significant role in enhancing our broadcast workflows and reducing complexity," said Luca Cattaneo, systems engineer for Mediaset, Italy's largest commercial broadcaster. "It acts as a hub for our content storage, with acquisition, ingest, editing and playout all taking place transparently, but via a consolidated storage environment. StorNext Storage Manager has enabled us to take our integrated digital archive to the next level of performance and broadcast quality. We can replay live events quickly, confident that the data is residing on a highly resilient, cost-effective, hierarchical storage platform."
The StorNext® File System enables companies to share projects and files easily and cost-efficiently by giving applications running on UNIX, Linux, Windows and Mac OS concurrent access to a common file store. It's also highly scalable, allows data sharing by both SAN- and LAN-based hosts and incorporates Quantum's patented deduplication technology. StorNext Storage Manager provides automated movement of data between different storage tiers based on user-defined policies and file access requirements and can support millions of files. In addition, because it integrates with the virtualization capabilities of the StorNext File System, Storage Manager makes files accessible to host applications regardless of where they are stored.
Over the last year, StorNext's capabilities and customer benefits have enabled Quantum to further extend its reach into new markets, most notably Life Sciences.
"Just as the growth in high definition and 3-D content has increased demand for StorNext in Media and Entertainment, data-intensive research has created new opportunities in areas such as genome sequencing," said Janae Lee, senior vice president of Marketing at Quantum. "Customers in this space are looking for high-performance solutions that enable them to share and manage huge amounts of data while minimizing IT infrastructure and support costs so that they can make the most of their research budgets -- exactly the type of challenge StorNext has been addressing in other industries for many years."
For more information about StorNext and the benefits StorNext customers are experiencing, visit http://www.quantum.com/Products/Software/StorNext/Index.aspx and http://www.quantum.com/Solutions/QandU/Index.aspx, respectively.
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. This includes the Dxi-Series, the first disk backup solutions to extend the power of data deduplication and replication across the distributed enterprise. 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 800, San Jose, CA 95110, (408) 944-4000, www.quantum.com.
Quantum, the Quantum logo and StorNext are registered trademarks of Quantum Corporation and its affiliates. DXi is a trademark of Quantum Corporation. All other trademarks are the property of their respective owners.
"Safe Harbor" Statement: This press release contains "forward-looking" statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Specifically, but 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 revenue from such software and 3) the market position of the StorNext software, are forward-looking statements within the meaning of the Safe Harbor. All forward-looking statements in this press release are based on information available to Quantum on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause Quantum's actual results to differ materially from those implied by the forward-looking statements. These risks include 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, unexpected changes in market conditions and unanticipated changes in customers' needs or requirements, as well as the risks 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," in Quantum's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 7, 2009 and in Quantum's Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 30, 2009. Quantum expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
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