SOURCE: Quantum Corporation

September 15, 2008 16:00 ET

Quantum Bolsters Sales Management Team With Appointment of George Bennett as Senior Vice President, Americas

Hiring of Former NetApp Executive Reinforces Focus on Delivering Higher-Value, Integrated Solutions for Full Range of Customers' Data Protection and Retention Needs

SAN JOSE, CA--(Marketwire - September 15, 2008) - Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that George Bennett has joined the company as senior vice president (SVP), Americas sales. Bennett brings more than 20 years of sales leadership experience to Quantum, having most recently served as SVP for the Americas at NetApp where he increased revenues 30 percent annually during his five-year tenure, significantly exceeding the storage industry's growth rate. His appointment is the latest of several Quantum has made over the past year to enhance its leadership team, as the company has focused on providing customers with highly scalable, edge-to-core, integrated solutions that incorporate disk-based de-duplication and replication systems, tape automation products and common management and security.

"George has a proven track record of developing and leading highly productive sales teams that generate strong revenue growth through an ongoing commitment to understanding and addressing customer needs," said Bill Britts, executive vice president, sales, marketing and service at Quantum. "His depth of knowledge and vast experience will be invaluable as Quantum further expands and integrates our offerings and works closely with partners to meet customers' data protection and retention challenges."

As SVP at NetApp from 2003 to early 2008, Bennett managed an organization of more than 1,000 people, including field and inside sales, systems engineering, field marketing, sales operations and leasing. Under his leadership, revenues increased from less than $600 million to more than $2 billion, as he spearheaded the company's transition from technical product sales to comprehensive data management solution sales. Before being promoted to SVP, Bennett spent three years as a vice president responsible for a 23-state area, during which he grew sales by 25 percent annually.

Prior to NetApp, Bennett held executive sales positions at Target Marketing Systems, a sales consulting company acquired by Siebel Systems in 2000, and Data Race, a provider of voice over IP solutions. Before Data Race, Bennett spent 17 years at Memorex Telex, a manufacturer of desktop and enterprise storage products, where he held several high-level sales positions. He began his career as a sales representative for Unisys.

"Customers continue to struggle with securely storing and protecting ever-increasing volumes of data in a way that's both cost- and energy-efficient," said Bennett. "They're also looking for ways to easily manage this data across a distributed environment while ensuring that they can meet both near-term and long-term recovery requirements. I've been impressed with what Quantum has been doing to create integrated, edge-to-core solutions that address this full range of needs by leveraging the unique disk-based de-duplication technology in its DXi™-Series portfolio, its long-standing leadership in tape and the data management expertise it has built with its StorNext® software platform. So I'm very excited about working with the rest of the sales team and our partners to show customers all that Quantum has to offer today and moving forward."

About Quantum

Quantum Corp. (NYSE: QTM) is the leading global storage company specializing in backup, recovery and archive. Combining focused expertise, customer-driven innovation, and platform independence, Quantum provides a comprehensive, integrated range of disk, tape, and software solutions supported by a world-class sales and service organization. This includes the DXi-Series, the first disk backup solutions to extend the power of data de-duplication and replication across the distributed enterprise. As a long-standing and trusted partner, the company works closely with a broad network of resellers, OEMs and other suppliers to meet customers' evolving data protection needs. Quantum Corp., 1650 Technology Drive, Suite 800, San Jose, CA 95110, (408) 944-4000, www.quantum.com.

Quantum, the Quantum logo and StorNext are registered trademarks of Quantum Corporation and its affiliates. DXi is a trademark of Quantum Corporation. All other trademarks are the property of their respective owners.

"Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: This press release may contain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Specifically, without limitation, statements relating to 1) Mr. Bennett's future contributions to Quantum and 2) benefits to Quantum resulting from such contributions are forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties. As a result, actual results may differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially from those described herein include, but are not limited to, operational difficulties, unexpected material deviation in product operation, 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. More detailed information about these risk factors, and additional risk factors, are set forth under "Risk Factors," on pages 12 to 22 in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 13, 2008. 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:
    Brad Cohen
    Public Relations
    Quantum Corp.
    (408) 944-4044
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