Permabit Delivers Value Tier Storage for Less Than $1 per GB With Data Center Series Model 4010

Flight to Efficiency Positions Company for Growth and Leadership in Technology's Most Demanding Market


CAMBRIDGE, MA--(Marketwire - April 21, 2009) - Permabit Technology Corporation, the leading innovator of value tiered storage solutions for the enterprise, today announced the release of the Permabit Enterprise Archive Data Center Series Model 4010. The Data Center Series Model 4010 leverages highly efficient Intel processor and Seagate drive technology to cost-effectively and securely store fixed and inactive information for long-term data storage. By leveraging this value tier of storage, data can be offloaded from expensive primary storage yet still have online accessibility. This new platform delivers an effective cost under $1 per gigabyte, setting a new industry baseline for high value, massively scalable disk storage. The Permabit Enterprise Archive contains built-in technologies including data deduplication, data protection, high availability, WORM, and snapshots.

Permabit Data Center Series Model 4010 Features/Components:

--  Cost Effective: Delivering value tier storage for less than $1 per GB*
    
--  Massively Scalable: By introducing 1 TB drives, individual storage
    node capacity is doubled to 4 TB.  The Permabit Data Center Series can now
    scale from 32 TB to 4.6 PB of raw storage capacity; making it the
    industry's only storage solution capable of managing the massive long term
    data requirements of today's large enterprise environments.
    
--  Performance: By combining software enhancements and next generation
    Intel processors, the 4010 dramatically improves performance by more than
    280% from previous versions.
    
--  Power Efficiency: By migrating to a single quad-core processor from
    multi dual core processors and increasing drive density, power consumption
    is reduced by over 70%.
    
--  Protection: Patented RAIN-EC grid architecture provides the most
    scalable and reliable storage in the industry.
    
--  In-line Deduplication: Data is deduplicated in-line and real-time
    saving storage space overhead and eliminating the need for a "dedupe
    window."
    
--  File lock-down: Built-in file-level WORM capabilities ensures data
    immutability and enables read/write co-mingling in the same system
    eliminating the need for dedicated separate WORM based systems.
    

The Permabit Enterprise Archive Data Center Series:

--  Permabit optimizes the storage environment by providing a value tier
    of storage to store fixed information thereby offloading data from primary
    storage.  Permabit creates a storage environment that meets critical
    business objectives for secure, long-term data retention at an affordable
    cost.  Applying patented storage technology, Permabit helps companies
    achieve the greater levels of efficiency and cost control that are demanded
    in today's economic environment.
    
--  Permabit's Data Center Series meets critical data archiving
    requirements such as cost-efficiency, scalability, security, availability
    and flexibility. Patented RAIN-EC technology enables Permabit to provide
    scalable data protection that scales to the multiple-petabyte level. Its
    reliable data protection is 250 times more effective than RAID 6 and is
    specifically designed for next-generation large capacity disk drives by
    using advanced Erasure Coding algorithms.
    
--  At the heart of the Data Center Series lies a storage grid
    architecture that provides unparalleled performance, data protection and
    seamless technology upgrade making expensive data migration a thing of the
    past. By using Permabit solutions, companies take advantage of the most
    advanced, least costly, and most manageable value tier storage solution, so
    they stay far ahead of the storage cost curve.
    

Supporting Quotes:

"We initially purchased the Permabit solution to handle compliance and data retrieval issues. A dedicated IT member for these requests was proving to be a costly and inefficient proposition. With Permabit, the speed of retrieval has been off the charts. Basically what took 2-3 days now takes a few minutes. With Permabit, we have been able to move the majority of our data to a value tier while keeping it all online. This allows business users across the organization to access the data themselves, taking IT completely out of the loop which represents a significant cost savings while freeing up valuable resources. We have just added 4010 storage to our existing Data Center Series deployment. Adding the additional storage required zero downtime, was completed in just a few hours and did not require any manual migrations."

~ Matt Pittman, Vice President, MIS Infrastructure, Penson Financial Services

"The focus for any business leader today is on achieving greater levels of efficiency and generating maximum value out of investments. This certainly holds true for IT departments which have been amongst the hardest hit in this economic downturn. As a result, enterprises are making a fundamental shift away from the 'add another big box' approach to a more cost conscious and value oriented method of handling their continuing onslaught of data. What Permabit does is help customers offload the inactive data which is consuming up to 75 percent or more of their costly primary storage. Customers and prospects are often shocked to learn that we can move this data to a secure and online solution for less than one dollar per gigabyte, a mere fraction of what they are currently paying."

~ Tom Cook, President and CEO, Permabit

"Through Permabit's advanced architecture, we provide our customers with software and hardware upgrades that don't require a re-architecture or painful migration to a new platform. The entire process is seamless, secure and efficient which allows us to pass along savings from new technology components to our customers. Our goal at Permabit is to provide our customers with the most technically advanced and efficient value tier of storage. The release of the model 4010 has enabled us to further extend that goal and provides our customers with the cost effective alternative they need in this difficult market."

~ Jered Floyd, Chief Technology Officer, Permabit

Supporting Resources:

Permabit Media Center
Permabits & Petabytes
Executive photos & images
Permabit

About Permabit

Permabit delivers next generation disk-based value storage solutions that dramatically reduce primary storage costs by greater than 10 times. With industry leading patented technology, the Permabit Enterprise Archive™ provides massively scalable data deduplicated disk storage solutions that cost a fraction of what it takes to manage tape or optical storage, with advanced data protection and reduction technologies that offer decades of reliable online information access. Permabit was founded in 2000 by a technical and business team from the Massachusetts Institute of Technology. For more information, visit: www.permabit.com.

* Cost assumes a modest data reduction rate of 3:1

Permabit, the Permabit logo, Permabit Enterprise Archive, and Scalable Data Reduction are trademarks of Permabit Technology Corporation, Inc. in the U.S. and other countries.