SOURCE: Quantum Corporation

Quantum Corporation

June 22, 2011 08:00 ET

Quantum Announces New Enterprise Tape Library OEM Agreement With HP

SAN JOSE, CA--(Marketwire - Jun 22, 2011) - Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced a new OEM (original equipment manufacturing) agreement with HP under which HP will brand and sell a new enterprise tape library based on Quantum's Scalar i6000 platform. The agreement builds on the strong partnership the two companies have established in tape-based storage, including a previous OEM relationship in enterprise tape automation.

With the changing role of tape in long-term archive and data retention, Quantum's Scalar i6000 tape library is built to address customers' needs in demanding enterprise storage environments. Highlights of the Scalar i6000 include:

  • Lowers administrative management time and operating costs and provides data integrity verification for archived tapes with innovative iLayer™ software technology;
  • Scales to support up to 16 petabytes of data to meet high data growth needs;
  • Protects against data breaches with advanced security features such as AES 256-bit encryption, host access control and, later this year, key manager interoperability protocol (KMIP) 1.0 support; and
  • Provides enterprise-class high availability features, such as redundant data and control paths, redundant power, and dual robotics to be added in the second half of this year.

Supporting Quote
Rob Clark, senior vice president, Disk and Tape Backup Product Group, Quantum
"HP's selection of Quantum's Scalar i6000 tape library as their next-generation tape platform validates our product strategy as well as confirms the extended value that tape provides for enterprises. This agreement also expands our partnership with HP and extends the benefits of our leading tape automation portfolio to more customers."

Additional Resources

About Quantum
Quantum Corp. (NYSE: QTM) is the leading global specialist in backup, recovery, and archive. From small businesses to multinational enterprises, more than 50,000 customers trust Quantum to solve their data protection, retention and management challenges. Quantum's best-of-breed, open systems solutions provide significant storage efficiencies and cost savings while minimizing risk and protecting prior investments. They include three market-leading, highly scalable platforms: DXi®-Series disk-based deduplication and replication systems for fast backup and restore, Scalar® tape automation products for disaster recovery and long-term data retention, and StorNext® data management software and appliances for high-performance file sharing and archiving. Quantum Corp., 1650 Technology Drive, Suite 800, San Jose, CA 95110, (408) 944-4000, www.quantum.com.

Quantum, the Quantum logo, DXi, iLayer, Scalar and StorNext are either registered trademarks or trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.

"Safe Harbor" Statement: This press release contains "forward-looking" statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Specifically, but without limitation, statements relating to 1) benefits to Quantum from its OEM agreement with HP, 2) the availability of some of the Scalar i6000 library features, and 3) customer benefits and value to customers from using Scalar i6000 libraries, are forward-looking statements within the meaning of the Safe Harbor. All forward-looking statements in this press release are based on information available to Quantum on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause Quantum's actual results to differ materially from those implied by the forward-looking statements. These risks include operational difficulties, unforeseen technical limitations, the ability of competitors to introduce new solutions that compete more successfully with our solutions, unexpected changes in market conditions and unanticipated changes in customers' needs or requirements, as well as the risks set forth in Quantum's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Risk Factors," in Quantum's Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 14, 2011, especially those risks listed in this section under the heading "A large percentage of our sales come from a few customers, some of which are also competitors, and these customers generally have no minimum or long-term purchase commitments. The loss of, or a significant reduction in demand from, one or more key customers could materially and adversely affect our business, financial condition and operating results." Quantum expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Contact:
    Alice Borda
    Public Relations
    Quantum Corp.
    (408) 944-6727
    Email Contact