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New BaaS Is 1 Cent per GB per Month, 100 Percent OPEX, 100 Percent Canada-Based
SAN JOSE, CA and CALGARY, AB – May 29, 2013 — /BackupReview.info/ — Quantum Corp. (NYSE: QTM), a proven global expert in data protection and big data management, and BlackBridge Networks Ltd., a Canadian cloud and colocation provider, today announced an agreement to provide cloud-based enterprise backup as a service for customers in Canada. BlackBridge Stratus – Powered by Quantum? enables customers to protect data both locally and in the BlackBridge secure cloud leveraging Quantum’s patented deduplication and virtual data protectiontechnologies. By teaming with Quantum, BlackBridge now offers an option for end-to-end managed data protection from the customer premise to the cloud.
Enterprise customers can utilize BlackBridge Stratus’ simple, secure and flexible approach for as little as 1 cent/GB/month, assuming typical deduplication ratios. Subscription pricing converts capital expense to operating expense and allows customers to avoid the cost associated with under-utilized hardware, making it cost-effective to put an offsite backup and disaster recovery (DR) solution in place. Incorporating Quantum’s DXi®-Series deduplication and Quantum vmPRO? virtual data protection technologies, BlackBridge Stratus provides backup of both physical and virtual infrastructures from 1 TB up to 1 PB of protected data. With Stratus, BlackBridge offers the same industry-leading enterprise data protection as Quantum’s Q-Cloud? service in the U.S., while guaranteeing that protected data will remain in Canada.
BlackBridge Stratus – Powered by Quantum, DXi and vmPRO for Physical and Virtual Data Protection
As part of the new Quantum-BlackBridge agreement, BlackBridge will also offer Quantum’s innovative backup and archive products to Canadian customers, providing solutions from the data center to the enterprise edge to the cloud.
About BlackBridge Networks
BlackBridge Networks is part of the BlackBridge group of companies; world leaders in geospatial imagery with business partners in over 70 countries. BlackBridge has been enabling land use decisions for over a decade through support of earth observation satellite missions and management of multi-petabyte data sets.
Quantum, the Quantum logo, Be Certain, DXi, Powered by Quantum, 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 products and solutions and 2) customer demand for and Quantum’s future revenue from such products and solutions 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 material deviation in product operation, the ability of competitors to introduce new solutions that compete more successfully with our solutions, 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, 2013 and Quantum’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 14, 2012. 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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