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Data Storage
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DATA STORAGE NEWS
STORAGE NETWORKING WORLD HONORS QUANTUM VIRTUAL
TAPE CUSTOMER WITH
"BEST PRACTICES IN STORAGE" AWARD
MetLife Investors Recognized by IDG's Computerworld for Their
Strategic Deployment of Storage Solutions to Meet Critical Business
and Compliance Objectives
SAN JOSE, Calif., Nov. 3, 2004 -- Quantum Corp. (NYSE:DSS), a global
leader in storage, today announced that MetLife Investors has been
recognized for its implementation of Quantum's DX-Series Disk-based
Backup System by Storage Networking World -- a conference co-owned
by
Computerworld and the Storage Networking Industry Association (SNIA)
-- as one of the winners of the "Best Practices in Storage" Awards
Program. The award honors organizations that have applied exemplary
storage solutions to provide strategic advantage to their
enterprise.
MetLife Investors was recognized for their storage achievement
during
a special awards ceremony at Storage Networking World (SNW) 2004,
held
last week in Orlando, Florida.
A wide range of IT end-user companies and organizations responded to
an initial "call for nominations," which was originally announced to
multiple industry audiences, including Computerworld subscribers
responsible for storage solutions. Finalists were evaluated by a
panel
of judges based on case study submissions that profiled the company,
its IT department and storage challenges, as well as the application
deployment details, summaries of the key technology used and
measurable solution outcomes.
"Storage has become an essential business function for Fortune 500
companies as well as large enterprises globally, and the success of
this year's SNW conference is proof of that," said Ron Milton,
executive vice president for Computerworld. "This year's 'Best
Practices in Storage' Awards Program recognizes companies like
MetLife
Investors who have elevated storage from a technology department
business function to a strategic initiative for senior-level
executives."
A co-winner in the "Industry Regulation Compliance and Corporate
Governance" category, MetLife Investors has combined a storage
infrastructure consisting of systems and management software from
various market-leading vendors including Quantum with sound business
practices and IT policies designed to meet service level agreements
and corporate compliance goals.
"Backup, restore and archive of data are my key focus areas for
compliance with corporate service level agreements and external
regulations," said Jesse Correll, manager of IT infrastructure for
MetLife Investors. "Adding virtual tape technology has increased my
backup reliability to over 99 percent, enabled me to shave about
five
hours from my daily backup time and made data restores almost
instantaneous."
Quantum has invested considerable time researching the impact that
compliance will have on its customers, such as MetLife Investors,
within the IT department. Quantum believes the increase in corporate
governance brought on by the need to comply with these regulations
is
no different than any other business process changes to which IT has
had to respond and that compliance begins with a solid backup,
recovery and archive foundation.
"MetLife Investors is an excellent example of a company that is both
setting solid management policies around compliance while planning
for
necessary storage infrastructure changes," said Rob Pickell, vice
president of worldwide marketing for Quantum's Storage Systems
Business Unit. "By adding a virtual tape storage layer based on
Quantum's DX-Series products between his primary disk and archive
tape, Mr. Correll is meeting his service level agreements and after
just a few critical restores has realized the significant value of
this technology."
Quantum's DX-Series Disk-based Backup System emulates a tape library
and seamlessly integrates into existing backup environments without
changes to policies or procedures. Supported by every major backup
software vendor, the DX-Series provides user definable virtual tape
drives and cartridges to meet data center requirements. Optimized
for
extremely fast and reliable backup and restore operations, the
DX-Series offers redundant and hot-swappable components and delivers
up to 64 TB (raw) capacity and up to 2 TB/hr performance.
About Computerworld
Computerworld, the "Voice of IT Management," is the most trusted
source for the critical information needs of senior IT management.
Computerworld's integrated offerings form the U.S.-based hub of the
world's largest (58-edition) global IT media network through its
weekly publication, Computerworld.com Web site, focused conference
series and custom research. In the past five years alone,
Computerworld has won more than 100 print and online awards for
editorial and design excellence, surpassing its direct competition
by
an order of magnitude. Recognition includes the 2004 Magazine of the
Year Award from the American Society of Business Publication Editors
and a Jesse H. Neal Award for "Best News Coverage." In print since
1967, Computerworld is the source for information technology
management, with a guaranteed rate base of 180,050, a total print
audience of 1,138,000 (IntelliQuest CIMS 2004 Business Influencer
Study) and an online audience of over 1 million unique monthly
visitors (DoubleClick).
Computerworld is a business unit of International Data Group (IDG),
the world's leading technology media, research and events company. A
privately held company, IDG publishes more than 300 magazines and
newspapers, including Bio-IT World, CIO, CSO, Computerworld, GamePro,
InfoWorld, Network World and PC World. The company features the
largest network of technology-specific Web sites, with more than 400
around the world. IDG is also a leading producer of more than 170
computer-related events worldwide, including LinuxWorld Conference &
ExpoŽ, Macworld Conference & ExpoŽ, DEMOŽ and IDC Directions. IDC
provides global market research and advice through offices in 50
countries. Company information is available at http://www.idg.com.
About the SNIA
The Storage Networking Industry Association (SNIA) is a
not-for-profit
organization made up of more than 300 companies and individuals
spanning virtually the entire storage industry. SNIA members share a
common goal: to set the pace of the industry by advancing the
adoption
of storage networks as complete and trusted solutions. To this end,
the SNIA is uniquely committed to delivering standards, education
and
services that will propel open storage networking solutions into the
broader market. For further information, visit http://www.snia.org.
About Quantum
Quantum Corp. (NYSE:DSS), founded in 1980, is a global leader in
storage, delivering highly reliable backup, recovery and archive
solutions that meet demanding requirements for data integrity and
availability with superior price/performance and comprehensive
service
and support. Quantum is the world's largest supplier of half-inch
cartridge tape drives, and its DLTtapeŽ technology is the standard
for
tape backup, recovery and archive of business-critical data for the
mid-range enterprise. Quantum offers the broadest portfolio of tape
autoloaders and libraries and is one of the pioneers in the
disk-based
backup market, providing solutions that emulate a tape library but
are
optimized for backup and recovery. Quantum sales for the fiscal year
ended March 31, 2004, were approximately $808 million. Quantum
Corp.,
1650 Technology Drive, Suite 800, San Jose, CA 95110, (408)
944-4000,
www.quantum.com.
###
Quantum, the Quantum logo, DLT and DLTtape are trademarks of Quantum
Corporation registered in the United States and other countries. 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 contains "forward-looking"
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements include our
statements regarding the extent of backup reliability increase by
and
the cost efficiency of our DX-Series products. 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, unforeseen technological limitations and the ability
of
competitors to compete more successfully with us. More detailed
information about risk factors and uncertainties relating to
Quantum's
business generally, including risk factors and uncertainties in
addition to those described above, are set forth in Quantum's
periodic
filings with the Securities and Exchange Commission (the "SEC"),
including, but not limited to, those described in the section
entitled
"Management's Discussion and Analysis of Financial Condition and
Results of Operations -- Risk Factors," on pages 34 to 45 in our
Quarterly Report on Form 10-Q filed with the SEC on August 4, 2004
and
on pages 38 to 48 in our Annual Report on Form 10-K filed with the
SEC
on June 14, 2004; and those described in any subsequently filed
reports. Such reports contain and identify important factors that
could cause actual events and results to differ materially from
those
contained in our projections or forward-looking statement.
Quantum expressly disclaims any obligation to update or alter its
forward-looking statements, whether as a result of new information,
future events or otherwise.
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