SAN JOSE, CA, Apr 13, 2011--Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced it has entered into an agreement with NetApp, enabling the company to resell Quantum's StorNext® software. Effective immediately, NetApp will sell StorNext File System and StorNext Storage Manager(TM) software through its worldwide sales network.
The combination of StorNext software and NetApp® disk-based products gives customers a powerful unified storage solution for simultaneous sharing, managing and on-demand distribution of rich media files, and for archiving capabilities. This reselling partnership will build on Quantum's leadership in markets experiencing tremendous data growth driven by rapid adoption of rich media (e.g., streaming high density video applications used by customers in Media and Entertainment and government). The agreement will also help NetApp customers manage large data pools with fewer resources and get greater speed and efficiency in their high performance environments for video and data streaming.
Brendon Howe, vice president and general manager, NAS Business Unit, NetApp
"The combination of NetApp's storage systems with Quantum's StorNext software allows us to address the demanding storage challenges certain customers face with big-bandwidth applications such as streaming video. As a leading performance software product for storage, StorNext is a great complementary fit for NetApp's storage portfolio, and we're excited about the new business opportunities this will bring to NetApp."
Kevin Savina, director, Product Management, Dalet
"As a leading provider of asset management software for the Media and Entertainment industry, we have worked with Quantum and NetApp for many years. These two companies deliver best-in-breed technologies in the SAN and NAS space. This reseller partnership is a natural fit, and their combined solutions are ideal for addressing the demanding data management issues in today's rich media environments."
Janae Stow Lee, senior vice president, File System and Archive Product Group, Quantum
"As the leaders in the Media and Entertainment community have validated, Quantum's StorNext software delivers market leading performance and functionality for rich media, particularly streaming video. We're excited to extend these capabilities to NetApp's customers through this reseller agreement and look forward to working with NetApp to extend StorNext's global reach."
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(R)-Series disk-based deduplication and replication systems for fast backup and restore, Scalar(R) tape automation products for disaster recovery and long-term data retention, and StorNext(R) data management software 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, Scalar, StorNext and StorNext Storage Manager 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 and the customers from its reseller agreement and partnership with NetApp and 2) Quantum's future revenue resulting from this partnership, 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, 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 Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on February 8, 2011 and in Quantum's Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 11, 2010, especially those risks listed in this section under the heading "We rely on indirect sales channels to market and sell our branded products. Therefore, the loss of or deterioration in our relationship with one or more of our resellers or distributors, or our inability to establish new indirect sales channels to drive growth of our disk systems revenue, could negatively affect our 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.