SOURCE: Locust Storage

November 23, 2009 06:00 ET

Locust Storage Announces First Generation of Cleantech Storage for the Enterprise

"Prius-Like" Capabilities Help Sweep of Judge's and Attendee's Choice as Best Smart Grid Innovator in VentureBeat's Innovation Competition at GreenBeat 2009

SAN JOSE, CA--(Marketwire - November 23, 2009) - Locust Storage, provider of the first generation of cleantech storage for the enterprise, today announced that is has been selected as the winner of the first Innovation Competition at GreenBeat 2009, the seminal conference on the Smart Grid. With its Smart Power Down enterprise storage system, which delivers high-performance and high-capacity storage with a 90 percent reduction in power compared to today's legacy storage providers, Locust Storage was selected from more than 50 applications as the company most likely to make the next generation of the smart grid a reality by both a panel of expert judges and GreenBeat 2009 attendees.

Locust CEO and Founder Seth Georgion noted that, "We're very proud that Locust's launch and immediate recognition at GreenBeat 2009 shows the excitement surrounding the first generation of cleantech enterprise storage. Customers are already recognizing the disruptive cost advantages and the massive environmental benefits associated with Locust Storage."

The GreenBeat 2009 Innovation Competition winner was selected by a panel of expert judges, including Accel Partners' Rich Wong, PricewaterhouseCoopers' Tim Carey, KPMG's Craig Lobdell and Spring Ventures founder Sunil Paul. The Innovation Competition itself was hosted by Mayfield Fund and moderated by the firm's managing director Navin Chaddha. Locust Power also won the coveted People's Choice award, a survey of GreenBeat 2009 attendees, consisting of technology executives, venture capitalists, investment bankers, policymakers, utility executives and other Smart Grid stakeholders.

Founded in April 2009, Locust's mission is to take enterprise data availability, capacity and throughput rates to new levels, while dramatically reducing upfront acquisition costs and ongoing energy, maintenance and scale-out costs.

"We were recently informed that we won an extensive competitive evaluation conducted by one of our beta-customers," added Georgion. "The financial and performance benefits we offered were too compelling to ignore."

Locust Smart Power Down Slashes the Energy Bill

Storage disks in Locust systems are intelligently and automatically powered on and off in response to specific requests for data, as opposed to today's systems, which consume energy for all data stored, all the time. Up to 80 percent of enterprise data can be untouched in any three month period, yet today that idle data consumes a tremendous amount of energy while "waiting" to be accessed. Locust eliminates this incredibly wasteful use of energy and yet retains performance with an energy-efficient solid state front-end architecture.

Storage Power over Ethernet Enables "Prius-Like" Capability

Locust has also innovated by providing the industry's first Power over Ethernet (PoE) Hybrid Drive for enterprise storage, which dramatically improves power management. This Locust innovation takes PoE and combines it with a Lithium Ion battery reservoir to form a smart-grid ready system that can provide extra energy when needed, yet efficiently conserve and store excess energy when demand is low. The Power over Ethernet Hybrid Drive enables eliminates AC/DC power conversion and cooling fans from the storage unit and delivers a "Prius-like" technology into the datacenter. Locust utilizes ubiquitous Ethernet -- in conjunction with innovative software -- to enable Power over Ethernet (PoE) switch infrastructure to construct "Internet-level" scalability, at the lowest possible cost.

Fast Cloud Technology Delivers High-Performance

Locust architecture also includes a new data redundancy and protection mechanism that ensures all data is written sequentially for optimal overall throughput. When combined with front-end solid state technology and high-speed 10GbE connectivity, Locust delivers extremely high throughput for data-intensive applications.

Locust Storage systems will be generally available in 2010. For more information on the company, please visit www.locust-storage.com.

About GreenBeat2009

The seminal conference on the Smart Grid, GreenBeat 2009 brings together leading entrepreneurs, investors, utilities, technology executives, and policymakers to accelerate the development of a leaner, more efficient electrical grid. With a laser focus on new technology offerings, GreenBeat 2009 is the must-attend event in the space for discussion, debate and power networking on November 18 and 19 in San Mateo, CA, featuring keynotes from leaders that include Noble Peace Prize winner Al Gore and John Doerr.

About Locust Storage

Locust Storage is developing a new category of enterprise-class networked storage that offers fundamental breakthroughs in terms of price/performance, capacity, and system intelligence. These advancements, based on a unique architecture that leverages industry-standard technology, dramatically reduce the CapEx and OpEx required in large-scale enterprise storage deployments. Locust's patent-pending technology and unique innovations are keys to providing a clear market disruption with very substantial, very quantifiable customer benefits.

Contact Information

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