SOURCE: Solid Access

September 17, 2008 13:51 ET

Samsung Securities Selects Solid Access Technologies' USSD 200 Devices

Single USSD 200 Delivers Performance Equivalent to 300 Hard Disk Drives -- Boosting Financial Data Throughput and Delivery

NEWBURYPORT, MA--(Marketwire - September 17, 2008) - Solid Access Technologies, a leading provider of I/O acceleration appliances, today announced the sale of its Universal Solid State Disk storage device to SAMSUNG Securities Co., Ltd, a full-service investment bank with a focus on wealth management and investment banking. Solid Access earned SAMSUNG Securities' business after an exhaustive six-month evaluation in competition with other DRAM-based solid state disk vendors and an incumbent Tier 1 RAID supplier. Additionally, Solid Access will be exhibiting the USSD 200 at 2008 High Performance on Wall Street, Monday, September 22nd, Booth 225.

For use within SAMSUNG Securities' market data processing activities, 28 USSD 200 devices are being integrated with 28 IBM POWER6™ 570 servers running the IBM AIX® operating system. With a 10 microsecond, almost RAM-speed access time, Solid Access provides superior IOPS and data bandwidth performance to tackle the demanding tasks of this critical business function, which requires low latency and high reliability. Meeting these benchmarks plus a track record of zero field failures after two years of 24x7 customer production usage, the USSD 200 met all the requirements of SAMSUNG Securities.

"This sale by Solid Access Technologies of a DRAM SSD solution into the financial space is testimony to the imminent, and significant market presence that SSD is going to have within users and applications that demand the highest performing possible storage systems," said Mark Peters, an analyst at Enterprise Strategy Group. "This presence will not be measured in terms of capacity, which is how we've traditionally measured storage devices, but will be in terms of raw throughput, delivering truly impressive I/O per $$ and per KW."

The USSD 200 employs the ultra-fast SSD category's first open architecture design, using only proven industry-standard components in the product's assembly -- allowing Solid Access to rapidly adopt new features and industry advancements. Utilizing DRAM modules as its permanent storage medium and with no moving parts in the data path, a single Solid Access 2U rack mount device requires virtually zero maintenance, far less rack space and only a fraction of typical power and cooling requirements -- while delivering the performance of approximately 300 HDDs at a significantly lower cost.

Solid Access partner, NEOframe Inc., Seoul, Korea, was the main driver behind this successful SSD adoption. President Sung Kim stated, "NEOframe's knowledge of SAMSUNG Securities' storage requirements led us to believe Solid Access would be a superior solution, which under strenuous testing proved to be true."

The DRAM Solid State Disk category continues to grow as organizations realize the increased performance and TCO savings that can be attained by integrating DRAM SSD with traditional magnetic storage media. "We believe the SAMSUNG Securities - Solid Access transaction may be the single largest private sector adoption of this technology category yet," stated Tomas Havrda, Solid Access Managing Partner.

About SAMSUNG Securities

Samsung Securities is at the forefront of Korea's financial market, offering a full spectrum of services and products including brokerage, underwriting and advisory services; merger and acquisition; sales of beneficiary certificates, mutual funds, and other investment products; issuance and sales of derivative products; and sales of OTC derivatives products. The firm has an extensive business network with 118 local branches and overseas offices in London, New York, and Hong Kong, and a representative office in Shanghai. Its vast infrastructure, combined with high-caliber human resources, provide a solid framework for delivery of quality financial services geared toward the needs of individual and institutional clients.

About Solid Access

Based in Newburyport, Mass., privately held Solid Access Technologies was incorporated in 2002, with a mission to lead the ultra-fast SSD category by adhering to a philosophy of reliance on industry standards in both sharable technology and the use of widely available components. Solid Access is differentiated from the other Solid State Disk technology, Flash SSD, by its ability to seamlessly perform I/O operations on any type of data without performance compromises or product limited life expectancy concerns.

www.solidaccess.com

Contact Information

  • For More Information:
    Michael Emerton (on behalf of Solid Access Technologies)
    BridgeView Marketing
    (603) 766-3688
    mike@bridgeviewmarketing.com