Permabit Named Silver Medalist in the Backup Hardware Category for 2008 Storage Products of the Year Awards

CAMBRIDGE, MA--(Marketwire - February 24, 2009) - Permabit Technology Corporation, the industry's leading innovator of scalable, data-reduced storage for enterprise archiving, today announced that Permabit's Enterprise Archive Data Center Series has been named as this year's Silver Medalist for the 2008 Storage Products of the Year in the Backup Hardware category presented by Storage magazine and SearchStorage.com.

--  Winners were selected by the editors according to their innovation,
    performance, ease of integration into existing environments, ease of use
    and manageability, functionality and value. Full results have appeared on
    www.SearchStorage.com and the Storage "Products of the Year" medal winners
    will be publicized in Storage magazine.
    
--  Of special interest to the judges was Permabit's Enterprise Archive
    Data Center Series which addresses data growth challenges in archival
    storage with a combination of sub-file deduplication and compression, a
    grid-based architecture and industry leading data protection called RAIN-
    EC.
    
--  In addition, Permabit's Enterprise Archive Data Center Series was
    given accolades due to the fact that the solution yields several benefits:
    it boosts performance to up to 2 Gbps through parallel processing; protects
    archive data keeping it available in the event of failure(s); allows for
    rolling/seamless migrations to new hardware; uses standard interfaces like
    CIFS, NFS and WebDAV that keep data accessible to multiple applications;
    and includes features such as data verification, replication, write once
    read many (WORM) and encryption for compliance.
    
--  The 2008 "Products of the Year" awards were judged by Storage magazine
    and SearchStorage.com editors, in conjunction with a panel of judges --
    including users, consultants and analysts. Judges selected the 15 "Products
    of the Year" winners among enterprise storage-related products introduced,
    upgraded, and shipped within the last year. A gold, silver, and bronze
    winner was selected in each of five categories: Storage management tools,
    backup and disaster recovery software and services, backup hardware, disk
    and disk subsystems, and networking equipment.
    

Supporting Quote:

"We are honored to be recognized by the editors of SearchStorage.com and Storage magazine as their Silver Medal recipient for backup hardware," said Tom Cook, President and CEO of Permabit. "Given the challenges organizations are facing trying to meet their backup windows and service level agreements, it's clear that archiving is now being recognized as the ultimate solution to deal with the backup problem. We deliver the most scalable, accessible and cost effective storage in the industry. Recognition by peers and trusted influencers within your industry is something that every technology company strives for. To be selected as one of the top performing companies in the storage industry is very rewarding, and is a testament to the years of technology innovation by Permabit. We are honored to be recognized by the editors of SearchStorage.com and Storage magazine as their Silver Medal recipient for backup hardware."

About SearchStorage.com

TechTarget's SearchStorage.com is a leading online destination for IT professionals charged with purchasing, implementing, and managing storage systems at the core of large- and medium-sized businesses. More than 600,000 storage-focused IT executives, managers, and staff rely on SearchStorage.com for the information they need to do their jobs. SearchStorage.com content includes original editorial features, news, expert storage advice, Webcasts, and white papers. More information can be found at www.SearchStorage.com.

Supporting Resources:

Permabit Media Center

Permabits & Permabytes

Executive photos & images

Permabit

About Permabit

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

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.