SAN JOSE, CA -- (Marketwire) -- 08/27/12 -- Quantum Corp. (NYSE: QTM), a proven global expert in data protection and big data management, today announced a new cloud-based backup and disaster recovery (DR) subscription service, Q-Cloud, which provides business-class data protection at a consumer cloud storage price. Enterprise customers can leverage Q-Cloud's simple, secure and flexible approach for as little as 1 cent/GB/month.* Incorporating Quantum's patented deduplication technology, Q-Cloud provides backup of both physical and virtual infrastructures for capacities ranging from 1 TB up to 1 PB of protected data. With Q-Cloud, Quantum extends the industry's most comprehensive range of data protection solutions available, spanning from the data center to the enterprise edge and now to the cloud.
Powered by Quantum Deduplication and Virtual Data Protection
Low-Cost, Reliable Edge-to-Cloud Replication
"Pay as You Grow" Subscription Pricing
Q-Cloud is available today in the U.S. and U.K.
Quantum is a proven global expert in data protection and big data management, providing specialized storage solutions for physical, virtual and cloud environments. From small businesses to major enterprises, more than 50,000 customers trust Quantum to help maximize the value of their data by protecting and preserving it over its entire lifecycle. With Quantum, customers can Be Certain they're able to adapt in a changing world -- keeping more data longer, bridging from today to tomorrow, and reducing costs. See how at www.quantum.com/BeCertain.
Quantum, the Quantum logo, Be Certain, DXi, Q-Cloud and Quantum vmPRO 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) customer benefits and value to customers from using Quantum's DXi-Series appliances, Quantum vmPRO software and Q-Cloud services and 2) customer demand for and Quantum's future revenue from such appliances, software and services, 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, unforeseen technical limitations, 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 August 9, 2012 and Quantum's Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 14, 2012, especially those risks listed in this section under the heading "Our operating results depend on a limited number of products and on new product introductions, which may not be successful, in which case our business, financial condition and operating results may be materially and adversely affected." Quantum expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
*Assuming a typical deduplication ratio of 15:1