Rochester, New York 9/23/2009 3:05:00 AM
News / Business

Quantum (NYSE: QTM) Reaches Major Milestone

Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, recently 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.

 

Get Rich Penny Stocks is a leading financial publication that is pleased to alert investors of stocks on the move.

Sign Up for our Free Stock Newsletter

 

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, “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." "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."

 

Sign up for the Free GetRichPennyStocks Newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.

 

About Us

 

GetRichPennyStocks is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that could be on the brink of a breakout. To feature a company on our web site please contact us at the email listed below.

 

Please click here to read the full disclaimer