SOURCE: Compellent Technologies

Compellent Technologies

June 15, 2009 09:30 ET

Compellent Recognized as World's Fastest Growing Block-Based External Storage Company by Leading Industry Analyst Firm for Third Consecutive Year

EDEN PRAIRIE, MN--(Marketwire - June 15, 2009) - Compellent Technologies, Inc. (NYSE: CML) today announced that for the third year in a row it has been recognized as the fastest growing block-based, external storage company in the world by Gartner based on revenue for 2008. According to the report, "Market Share: External Controller-Based Disk Storage, Worldwide, 2005-2008," released May 2009 authored by Roger Cox, Compellent saw a 69 percent revenue increase from 2007 to 2008, and holds the top growth position for its storage area network (SAN).

"Organizations are approaching IT differently in the current economy and have recognized that the Compellent SAN provides a solid foundation for a lean, efficient data center with limitless scalability," said Bruce Kornfeld, vice president of marketing, Compellent. "We have maintained our incredibly fast storage market growth because end-users are continuing to embrace solutions that virtualize the data center, reduce hardware and power consumption and simplify data management."

Mr. Cox, research vice president, Technology and Service Provider Research, Gartner, said, "The midrange external controller-based disk storage market continues to be highly competitive as new storage vendors take on the established mainstream vendors."

Source: Gartner, "Compellent Enhances Its Feature-Rich Storage Center Disk Array," August 2008.

About Compellent

Compellent is a leading provider of enterprise-class network storage solutions that are highly scalable, feature-rich and designed to be easy to use and cost effective. Compellent Technologies' principal offices are located in Eden Prairie, Minn. For more information, please visit: http://www.compellent.com.