SAN JOSE, Calif., June 1, 2015 /PRNewswire/ -- Quantum Corp.
(NYSE: QTM) today announced that President and CEO Jon Gacek and the Quantum executive team will
celebrate the 35th anniversary of the company's founding
and its long-time leadership in data storage by ringing the Closing
Bell® at the New York Stock Exchange on Tuesday, June 2, 2015. Quantum is also marking
this significant milestone by highlighting the company's central
role in helping customers navigate a major shift in how data can be
leveraged to drive business and mission value. This is evident in
the results from Quantum's recently completed fiscal year, in which
the company delivered its best year-over-year total revenue
performance in eight years, driven largely by 74 percent annual
growth in scale-out storage sales.
[To view Quantum ringing the NYSE Closing
Bell®:
https://livestream.com/NYSE]
Strategic Value of Data
Tools for analyzing data more
easily and affordably as well as new opportunities for monetizing
it have transformed the way organizations view their data. Data is
now a highly strategic asset, and the ability to extract more and
more value from it — both now and in the future — has become
critical to achieving business and mission objectives.
"Organizations are more focused than ever before on gaining
insights and value from their data — from broadcasters
re-monetizing their content on mobile platforms to researchers
developing new drugs based on high-powered genomic sequencing to
consumer goods companies repurposing video content in social media
channels," said Gacek.
New Storage Imperatives
With data having become so
strategically valuable, organizations are recognizing that the
underlying storage infrastructure is a vital determinant of their
ability to leverage its full value and drive success. As data moves
beyond immediate, real-time processing, it must be retained and
managed in a dynamic storage platform rather than a passive
repository. In addition, this platform must:
- scale seamlessly to accommodate continued data growth;
- ensure data can be quickly and easily accessed whenever and
wherever needed;
- provide flexibility to incorporate new technologies and
ecosystem changes; and
- be highly cost-effective.
Quantum Storage for Demanding Workflows
Throughout its
history, Quantum has focused on the long-term preservation,
protection and management of data, and today the company's
solutions play an essential role in enabling customers to maximize
the value of their data over its entire lifecycle. This includes
providing users and applications with the performance they need
when they need it most and storing data in the most cost-effective
way possible based on a tiered management approach encompassing
disk, tape, object storage and the cloud.
Much of Quantum's solutions portfolio is based on its
StorNext® scale-out storage technology. StorNext was
originally designed for rigorous streaming applications such as
satellite imagery analysis, where the scale of the data challenge
and the strategic nature of the business applications proved too
demanding for other storage providers. StorNext then became the
go-to storage platform in media and entertainment (M&E),
enabling users to process, access and manage digital assets in a
high-performance, shared storage pool spanning multiple tiers.
Over the past year, Quantum has capitalized on the power of its
latest generation StorNext 5 technology in addressing the most
demanding workflow needs — expanding its M&E leadership and
extending its unique combination of high performance-low cost
solutions to other markets and use cases such as:
- video surveillance, where municipalities are using data for
both crime prevention and improving operational efficiency (e.g.,
logistics management at ports);
- network forensics, enabling more data to be retained for
analysis in the event of a cybersecurity breach; and
- corporate video, where companies are looking for ways to store,
manage and monetize their rapidly growing content.
"For 35 years we've focused on providing customers with
best-of-breed technologies and solutions to meet their most
challenging data storage needs," said Gacek. "That commitment
continues today and has never been more important given the
strategic value of data. As we look forward, we will go even
further in delivering end-to-end solutions that not only provide
high performance-low cost storage but also dynamically serve data
to applications and users in a way that is optimized for their
specific business or mission requirements."
Photo Link:
www.quantum.com/cmsimages/quantum-nyse.jpg
Photo Caption: Quantum to Commemorate 35th
Anniversary with NYSE Bell Ringing
Additional Resources
- For more details on StorNext:
www.quantum.com/products/scale-out-storage/index.aspx
- To see how customers are benefitting from Quantum's solutions:
www.quantum.com/customerstories
About Quantum
Quantum is a leading expert in scale-out
storage, archive and data protection, providing solutions for
capturing, sharing and preserving digital assets over the entire
data lifecycle. From small businesses to major enterprises, more
than 100,000 customers have trusted Quantum to address their most
demanding data workflow challenges. With Quantum, customers can Be
Certain™ they have the end-to-end storage foundation to maximize
the value of their data by making it accessible whenever and
wherever needed, retaining it indefinitely and reducing total cost
and complexity.
Quantum, the Quantum logo, Be Certain and StorNext are either
registered trademarks or trademarks of Quantum Corporation and its
affiliates in the United States
and/or other countries. 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,
that statement that as we look forward, we will go even further in
delivering end-to-end solutions that not only provide high
performance-low cost storage but also dynamically serve data to
applications and users in a way that is optimized for their
specific business or mission requirements, is a forward-looking
statement 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.
More detailed information about these 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," in
Quantum's Quarterly Report on Form 10-Q filed with the Securities
and Exchange Commission on February 6,
2015 and in Quantum's Annual Report on Form 10-K filed with
the Securities and Exchange Commission on June 6, 2014. Quantum expressly disclaims any
obligation to update or alter its forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by applicable law.
Public Relations Contact:
Brad Cohen
Quantum Corp.
(408) 944-4044
brad.cohen@quantum.com
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SOURCE Quantum Corp.