Permabit Technology Presents Cool Vendor Session

Tom Cook to Speak at Gartner Symposium ITxpo 2009


CAMBRIDGE, MA--(Marketwire - October 15, 2009) -


Who:    Tom Cook, Chief Executive Officer and President of Permabit

What:   Cook to speak on Permabit's Cool Technology: Enterprise Value Tier
        Storage with Data Deduplication 2.0

Where:  Gartner Symposium ITxpo 2009 - ITxpo Show Floor - Cool Vendor
        Pavilion

When:   Tuesday, October 20, 2009, 1p.m. EDT

Tom Cook, Permabit's Chief Executive Officer and President, will speak at the upcoming Gartner Symposium ITxpo on Permabit's status as a Gartner Cool Vendor. Permabit was named one of Gartner's Cool Vendors in March 2009. The report, "Cool Vendors in Archiving 2009" was written by Carolyn DiCenzo, Kenneth Chin and Adam W. Couture. The report stated that the archiving market continues to expand as cool vendors enter with new storage options and services that make archiving more cost-effective and ease the migration of older data. The "Cool Vendors" list includes IT organizations, such as Permabit, who are best-positioned to offer stand-alone data reduction features that assist other organizations to quickly build potentially new and innovative solutions.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

In a recent Gartner Report published in August 2009(1), the firm identified deduplication as a feature that is transformational. They recommend that storage vendors must move quickly to expand and solidify their deduplication plans, which could likely lead to OEM and merger and acquisition activity. Gartner believes Permabit is one of the vendors best-positioned to offer stand-alone data reduction features that other vendors could quickly build into existing or new solutions.

Resources:

Permabit Cool Vendor Information

Permabit Media Center

Permabit Blogs

Permabit Videos

Dedupe2.com

About Permabit

Permabit delivers next generation disk-based archiving solutions that dramatically reduce primary storage costs by greater than 10 times. Enabled by patented storage technology, the Permabit Enterprise Archive™ provides a massively scalable disk archive. The resulting costs storage costs are a fraction of what it takes to manage tape or optical storage. Permabit Enterprise Archive provides 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 and has been deploying industry leading archive solutions since 2004. For more information, visit: www.permabit.com.

About Gartner Symposium ITxpo 2009

Gartner Symposium/ITxpo 2009 is the industry's largest and most important annual gathering of CIOs and their senior IT leaders. It delivers independent and objective content with the authority and weight of the world's leading IT research and advisory organization. For more information please visit: www.gartner.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.

(1) "How EMC's Data Domain Buy Will Affect the Industry," Dave Russell, August 25, 2009.

Contact Information: Contacts: Permabit Mike Ivanov Permabit +1 617-995-9311 mivanov@permabit.com North America Michael Parker Lois Paul & Partners (for Permabit) +1 781-782-5714 permabit@lpp.com