Legal Action News

Your news source for lawsuits and other civil legal matters

Legal Action Recently...

April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
December 2004


Legal Action News RSS Feed
RSS Feed



 

Quantum Launches Unprecedented New Tape Drive Offering for Small and Medium-Sized Business Customers

17 October 2005

Quantum Corp.
(NYSE: DSS), a global leader in storage, today announced the availability of
the DLT-V4 drive, the latest offering in its value line of tape drive products
and one that establishes a new threshold in backup, recovery and archive for
small and medium-sized business (SMB) customers. The DLT-V4 drive combines
exceptional capacity and performance with Quantum's award-winning value-add
features. These features include DLTSage(TM) for predictive and preventive
diagnostic manageability and DLTIce(TM) for meeting regulatory compliance
requirements through standard media and Write Once Read Many (WORM)
capability. DLT-V4, at an unprecedented sub-$1000 price point, is an ideal
choice for SMBs to meet near- and long-term storage needs, either as a
stand-alone product or as part of an entry-level server solution.
"Today's small and medium-sized enterprises now require new storage
solutions designed to better protect the ever-increasing volumes of data that
fuel their daily business activities," said Brian Garrett, analyst for
Enterprise Strategy Group. "Quantum continues to deliver quality products for
the entire storage lifecycle, and DLT-V4 should strongly be evaluated as an
effective solution for customers that are looking for enterprise-class
functionality with exceptional capacity and performance. At this price point,
Quantum has the potential to disrupt the SMB market."

DLT-V4 -- A New Level of Performance for SMB Backup
To keep pace with the ongoing data explosion and expanding government
regulations, SMBs now require exceptional performance and storage features
traditionally found only in enterprise offerings. The DLT-V4 drive changes the
SMB storage landscape by delivering 320 GB of compressed capacity and a 72
GB/hour compressed transfer rate, far outpacing current offerings in this
market. For example, the DLT-V4 drive has four times the capacity and three
times the speed of existing DAT 72 tape drives. With the inclusion of DLTSage
and DLTIce, the DLT-V4 drive is also the first tape drive to deliver crucial
management capabilities that enhance SMB customers' storage investments and
were previously only available to larger enterprises through Quantum's SDLT
performance tape drive line. In addition, the DLT-V4 tape drive is the world's
first tape drive to ship with a SATA interface, making it easier for customers
to attach to entry-level servers. The DLT-V4 drive is aggressively priced at
under $1000, traditionally the cost barrier for SMB customers seeking value
tape drives, and offers the lowest media cost/GB in its class at just 12
cents/GB. The DLT-V4 drive also leverages market-proven, readily available
DLTtape(R) VS1 media. Quantum offers the DLT-V4 tape drive bundled with
VERITAS Backup Exec(TM) QuickStart edition and also comes with a cleaning
cartridge and media cartridge. The fourth generation in a seven generation
roadmap, with backward-read compatibility, DLT-V4 reflects Quantum's focus on
protecting customers' past and future investments.
"Managing and storing vast amounts of data is a primary concern of smaller
businesses in today's highly competitive climate," said Charlene Murphy, vice
president, marketing for Quantum's Storage Devices Business Unit. "The
enterprise-class functionality of DLTSage and DLTIce, combined with
exceptional performance and capacity at an unparalleled price point, makes the
DLT-V4 drive a great fit for organizations that need to ensure their vital
data is protected."

About Quantum
Quantum Corp., a global leader in storage, delivers highly reliable
backup, recovery and archive solutions that meet demanding requirements for
data integrity and availability with superior price/performance and
comprehensive service and support. Quantum offers customers of all sizes an
unparalleled range of solutions, from leading tape drive and media
technologies, autoloaders and libraries to disk-based backup systems. Quantum
is the world's largest volume supplier of both tape drives and tape automation
and has pioneered the development of disk-based systems optimized for backup
and recovery. Quantum Corp., 1650 Technology Drive, Suite 800, San Jose, CA
95110, 408-944-4000, http://www.quantum.com, http://www.quantum.com/DLTV4 .

NOTE: Quantum, the Quantum logo, DLT and DLTtape are trademarks of
Quantum Corporation registered in the United States and other countries.
DLTIce, DLTSage, DLT VS and SDLT are trademarks of Quantum Corporation. All
other trademarks are the property of their respective owners.

"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
from using Quantum's DLT-V4 tape drives, including its cost-effectiveness,
2) customer demand for and Quantum's future sales of these tape drives, and
3) Quantum's product roadmaps, 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, potential future changes in
Quantum's business strategy, 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 "Management's Discussion and
Analysis of Financial Condition and Results of Operations -- Risk Factors," on
pages 36 to 46 in our Quarterly Report on Form 10-Q filed with the SEC on
August 5, 2005 and on pages 32 to 42 in Quantum's Annual Report on Form 10-K
filed with the Securities and Exchange Commission on June 8, 2005; 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.

Source: PR Newswire


All trademarks and copyrighted information contained herein are the property of their respective owners.


Related Articles


 
Law News



A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z