SOURCE: TeraCloud

May 15, 2007 08:30 ET

TeraCloud Changing the Storage Management Delivery Paradigm According to Report From Leading Analyst Firm

SEATTLE, WA -- (MARKET WIRE) -- May 15, 2007 -- TeraCloud Corporation, which continues to define the storage analytics market serving global Fortune 2000 and mid-market businesses, is changing the storage management delivery paradigm, according to a new Event Flash from IDC.

This Storage Management: Event Flash reviews TeraCloud's March 2007 announcement of the industry's first utility-based pricing model, enabling the easy download and installation of its three products -- TSF Express, TSF Lite, and TSF Professional -- from the company's Web site, and pay for them on a subscription basis. It also addresses the implications of the announcement on the storage management market.

"From the end-user perspective, all the benefits are there: predictable recurring expense, enterprise-class software with minimal investment, and the ability to buy when you want and for as long you want it...There is a competitive advantage with this pricing model," Noemi Greyzdorf writes in "TeraCloud Changes Storage Management Delivery Paradigm (Doc #206366, April 2007)."

"The IDC Storage Management: Event Flash highlights TeraCloud's competitive advantage and market defining storage analytics tools that meet the varying needs of enterprise and mid-market businesses," said TeraCloud President and CEO Gary Tidd.

TeraCloud's subscription model is available with all three of the company's product offerings. The TSF Express free SRM tool, "fulfills the need of small and mid-size businesses by delivering a tool necessary for managing storage without the incursion of costs...it gives end-users an opportunity to explore their needs without any significant investment," Greyzdorf writes in the IDC Event Flash.

Launched March 22, 2007, TSF Express is a free SRM tool providing enterprise-level storage management for Solaris, Linux, Windows and AIX.

TSF Light is the only product to provide mid-market companies with a powerful, enterprise-level and cost-effective tool for predictable storage management. It offers the market's first and only hybrid subscription, utility-based pay-as-you-use pricing. The charge is $395 per month only in the months you use it for up to 20 terabytes of managed storage. TeraCloud produces a comprehensive and detailed usage report with specific storage recommendations based upon collected customer data.

TeraCloud Availability

TeraCloud's products are available online through the company's Web site at www.teracloud.com, and the company has established strategic technology, distribution and development partnerships. The company is building indirect sales through local and regional VARS interested in getting closer to their customers.

About TeraCloud Corporation

TeraCloud Corporation continues to define the storage analytics market serving global Fortune 2000 and mid-market customers. TeraCloud's groundbreaking Storage Analytics (TSA) technology provides storage utilization analytics to pin-point conditions and predictive events where storage utilization is sub-optimized. Regardless of platform, the TeraCloud Storage Framework (TSF) v2.1 provides enterprise customers with instant knowledge for predictable storage management from a single view. TSF Lite is the only product to provide mid-market companies with a powerful, enterprise-level and cost-effective tool for predictable storage management. TeraCloud's SpaceFinder Suite v4.4.1 gives customers the knowledge for predictable storage management on the Z-series platform by providing automating storage administration that monitors, detects, analyzes and proactively resolves issues threatening storage availability. Founded in 1991, TeraCloud Corporation is a privately held company based in Bellevue, Wash. For more information, visit www.teracloud.com.

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