2008 Press Releases

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Dec 22 2008Quantum to Present at Needham & Company 11th Annual Growth Stock Conference
SAN JOSE, CA, Dec 22, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will be presenting at the following conference: Needham & Company 11th Annual Growth Stock Conference Event Date: Thursday, Jan. 8, 2009 Start Time: 8:30 a.m. EST Location: The New York Palace Hotel New York, NY Webcast: A live and archived audio webcast of the company's ... 
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Dec 15 2008ESG Lab Results Validate Performance and Flexibility of Quantum's DXi7500 Disk-Based Backup Solution for the Enterprise
Lab Validation Report Highlights Value of Product's Policy-Based Deduplication, Replication and Manageability FeaturesSAN JOSE, CA, Dec 15, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced further validation for the capacity reductions and performance of its DXi7500 disk-based backup solution from independent analyst firm Enterprise Strategy Group (ESG). The report also verifies that the DX... 
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Dec 05 2008NYSE Notifies Quantum of Continued Listing Noncompliance
SAN JOSE, CA, Dec 05, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that the New York Stock Exchange has notified the company that it is not in compliance with the NYSE's continued listing standard requiring that companies maintain an average market capitalization of at least $75 million over a trailing 30-day trading period. Under NYSE rules, Quantum has 18 months from receipt of the ... 
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Dec 04 2008Quantum to Present at Barclays Capital Global Technology Conference
SAN JOSE, CA, Dec 04, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will be presenting at the following conference: Barclays Capital 2008 Global Technology Conference Event Date: Thursday, Dec. 11, 2008 Start Time: 9:30 a.m. PST Location: The Fairmont Hotel San Francisco, CA Webcast: A live and archived audio webcast of the company's pres... 
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Nov 24 2008Quantum Cuts Workforce and Other Expenses While Continuing to Increase Investment in Data Deduplication and Replication
SAN JOSE, CA, Nov 24, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it is reducing its workforce by approximately eight percent (180 positions) and taking other steps to decrease expenses, largely in response to the global financial crisis and related market uncertainty. Quantum expects these combined actions to result in annual savings of approximately $18 million, and the compan... 
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Nov 19 2008Quantum Announces Streamlined Deduplication Solution for the Channel
New DXi7500 Express(TM) and QuikFit(TM) Program Offer Optimized Solution for SME MarketSAN JOSE, CA, Nov 19, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced a new preconfigured Dxi(TM) appliance model optimized for small and medium enterprise environments, and a new configuration program designed to enable channel partners to size, order and install deduplication solutions even more effec... 
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Oct 31 2008NYSE Notifies Quantum of Continued Listing Noncompliance
SAN JOSE, CA, Oct 31, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that the New York Stock Exchange has notified the company that it is not in compliance with the NYSE's continued listing standard requiring that stocks trade at a minimum average closing price of $1 for 30 consecutive trading days. Under NYSE rules, Quantum must inform the NYSE by Nov. 10, 2008, of its plans for "curin... 
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Oct 22 2008Quantum Corporation Reports Fiscal Second Quarter Results
Delivers 31 Percent Year-Over-Year Growth in Disk Systems and Software Revenue, Continued Gross Margin Improvement and Further Debt ReductionSAN JOSE, CA, Oct 22, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that revenue for its fiscal second quarter (FQ2'09), ended Sept. 30, 2008, was $215 million. Compared to the same quarter last year (FQ2'08), Quantum's total revenue was down 13 per... 
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Oct 08 2008Quantum Announces Fiscal Second Quarter Results Conference Call
SAN JOSE, CA, Oct 08, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will issue a news release on its financial results for the second quarter of fiscal 2009, ended Sept. 30, 2008, on Wednesday, Oct. 22, 2008, after the close of the market. The company will hold a conference call to discuss these results. Conference Call: Wednesday, Oct. 22, 2008, 2:00 p.m. PDT Dial-in N... 
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Oct 01 2008Quantum and Riverbed Settle Patent Lawsuits
SAN JOSE, CA and SAN FRANCISCO, CA, Oct 01, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM) and Riverbed Technology, Inc. (NASDAQ: RVBD) today announced that they have settled their mutual patent infringement lawsuits that were pending in U.S. District Court in San Francisco. The companies did not comment on the terms of the settlement. About Quantum Quantum Corp. (NYSE: QTM) is the leading global storage company specializing in backup, recovery and archive. Comb... 
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Sep 30 2008Enhancements to Quantum's Channel Program Enable Partners to Share in Expanded Market Opportunity
Focus on Improved Collaboration and Ease-of-Doing Business as Quantum Builds on Data De-Duplication MomentumSAN JOSE, CA, Sep 30, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced significant enhancements to the company's North American channel partner program, the Quantum Alliance(TM) Reseller Program. Channel partners will be able to take advantage of enhanced lead collaboration, simplifie... 
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Sep 15 2008Quantum Bolsters Sales Management Team With Appointment of George Bennett as Senior Vice President, Americas
Hiring of Former NetApp Executive Reinforces Focus on Delivering Higher-Value, Integrated Solutions for Full Range of Customers' Data Protection and Retention NeedsSAN JOSE, CA, Sep 15, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that George Bennett has joined the company as senior vice president (SVP), Americas sales. Bennett brings more than 20 years of sales leadership experience to ... 
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Aug 18 2008Quantum Announces New 320 Gigabyte Capacity Point for GoVault Data Protection Solution
Enables Small Businesses and Branch Offices to Back Up Critical Data Assets More Cost Effectively and Securely on a Single Removable Hard Drive CartridgeSAN JOSE, CA, Aug 18, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today added a new 320 gigabyte (GB) capacity point for its GoVault(TM) Data Protection solutions, doubling its previous capacity to offer an even more cost-effective solution for small ... 
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Aug 13 2008Quantum to Hold Fiscal 2008 Annual Meeting of Stockholders
SAN JOSE, CA, Aug 13, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will provide telephonic and webcast access to its fiscal 2008 Annual Meeting of Stockholders for investors who cannot attend in person. The annual meeting is scheduled for Tuesday, Aug. 19, 2008, at 8:00 a.m. PDT, at the company's headquarters in San Jose, Calif. To call in to the meeting, investors should dial... 
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Aug 13 2008Quantum Achieves Major Milestone With 20,000th Shipment of Scalar i500 Tape Automation System
Scalability, Management Features and Reliability Continue to Provide Customers With Significant Return on InvestmentSAN JOSE, CA, Aug 13, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that the company has shipped 20,000 Scalar(R) i500 Series tape libraries. This important milestone, achieved in just over two and a half years since the product's introduction, further validates Quantum's t... 
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Jul 29 2008Quantum Corporation Reports Fiscal First Quarter Results
Grows Disk Systems and Software Revenue 100 Percent Year-Over-Year With Significant Contribution From New DXi7500 Enterprise De-Duplication and Replication SystemSAN JOSE, CA, Jul 29, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that revenue for its fiscal first quarter (FQ1'09), ended June 30, 2008, was $222 million. Although this represented a 10 percent decline from the same period l... 
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Jul 22 2008Quantum Expands Global Management and Reporting Tools, Offers New Entry Capacity Point for DXi7500 Disk Backup System
Enhancements Broaden DXi-Series Portfolio Flexibility to Solve Customer Geographic and Organizational Data Protection ChallengesSAN JOSE, CA, Jul 22, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced significant enhancements to the company's Vision global management and reporting software and to its DXi7500 enterprise disk backup system featuring data de-duplication and replication. Quantum'... 
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Jul 07 2008Quantum Announces Fiscal First Quarter Results Conference Call
SAN JOSE, CA, Jul 07, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will issue a news release on its financial results for the first quarter of fiscal 2009, ended June 30, 2008, on Tuesday, July 29, 2008, after the close of the market. The company will hold a conference call to discuss these results. Conference Call: Tuesday, July 29, 2008, 2:00 p.m. PDT Dial-in Number:... 
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Jun 10 2008Quantum Showcases Veritas NetBackup Aware Data Management Across Disk and Tape Tiers
Demonstration Provides a Preview of Quantum's Software Option for Veritas NetBackup OpenStorage API and Highlights Available DXi7500 Disk-to-Tape Capabilities LAS VEGAS, NV, Jun 10, 2008 (MARKET WIRE via COMTEX News Network) -- Symantec Vision 08 -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced the first public demonstration of select capabilities of its planned software option based on the Veritas NetBackup OpenStorage API from S... 
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May 20 2008Quantum and EMC Expand Relationship With Licensing Agreement on Data De-Duplication Software
Software Incorporated in EMC's Newly Announced Backup-to-Disk SolutionsSAN JOSE, CA, May 20, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced an expansion of its relationship with EMC Corp. (NYSE: EMC), highlighting a software licensing and distribution agreement(1) under which EMC will license Quantum's target-based data de-duplication and replication software. The agreement builds on the... 
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May 16 2008Quantum to Present at Cowen and Company 20/20 TMT Conference
SAN JOSE, CA, May 16, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will be presenting at the following conference: Cowen and Company 20/20 TMT Conference Event Date: Friday, May 30, 2008 Start Time: 8:00 a.m. EDT Location: The New York Palace Hotel New York, NY Webcast: A live and archived audio webcast of the company's present... 
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May 15 2008Quantum Announces General Availability of Industry's First Solution Designed to Match De-Duplication Functionality to Specific Backup Needs
DXi7500 Disk System Provides Unparalleled Flexibility While Delivering Optimal Business Value for Customers Across the EnterpriseSAN JOSE, CA, May 15, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced general availability of the DXi7500 enterprise disk backup system which serves as the anchor for a comprehensive data protection strategy. Together with Quantum's DXi3500 and DXi5500 disk backu... 
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May 15 2008Quantum Corporation Reports Fiscal Fourth Quarter and Year-End Financial Results
Company Also Announces General Availability of DXi7500 Enterprise Disk Backup System With De-Duplication and ReplicationSAN JOSE, CA, May 15, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that revenue for its fiscal fourth quarter (FQ4'08), ended March 31, 2008, was $229 million and that revenue for the full fiscal year 2008 (FY08) was approximately $976 million, representing respective ... 
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Apr 25 2008Quantum Announces Fiscal Fourth Quarter Results Conference Call
SAN JOSE, CA, Apr 25, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will issue a news release on its financial results for the fourth quarter of fiscal 2008, ended March 31, 2008, on Thursday, May 15, 2008, after the close of the market. The company will hold a conference call to discuss these results. Conference Call: Thursday, May 15, 2008, 2:00 p.m. PDT Dial-in Numbe... 
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Apr 14 2008Quantum Highlights Role of StorNext Software in Helping Media and Entertainment Industry Manage Explosive Growth in Digital Content
High Performance Workflow Solution Also Provides Intelligent Archiving With Infinite Scaling to Support Millions of Files and Built-In Data ProtectionSAN JOSE, CA, Apr 14, 2008 (MARKET WIRE via COMTEX News Network) -- As the National Association of Broadcasters (NAB) conference kicked off today, Quantum Corp. (NYSE: QTM) -- the leading global specialist in backup, recovery and archive -- highlighted its StorNext(R) software as a scalable and cost-effective solution for helping the media and ... 
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Mar 12 2008Quantum Further Strengthens Executive Team With Appointment of Jerry Lopatin as Senior Vice President, Engineering
Former Network Appliance Executive to Play Central Role in Expanding Company's Portfolio of Integrated Storage SolutionsSAN JOSE, CA, Mar 12, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that Jerry Lopatin has joined the company as senior vice president, engineering, reporting to Rick Belluzzo, chairman and CEO. A former executive at Network Appliance and ONStor with more than 25 years ... 
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Mar 05 2008Rust Consulting Ensures Lightning Fast Backup and Recovery With Quantum's Data De-Duplication Solution
Multiple DXi(TM) Appliances Slash Backup Times by 66 Percent and Cut Restore Times From Hours to Minutes for Insurance Consulting FirmSAN JOSE, CA, Mar 05, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced Rust Consulting has significantly accelerated backup and recovery processes by implementing Quantum's DXi(TM) disk backup and replication appliances with data de-duplication technology. De... 
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Feb 21 2008Quantum Scores High Ratings in Third-Party Customer Satisfaction Research
90 Percent of Customers Would Recommend Quantum Solutions to ColleaguesSAN JOSE, CA, Feb 21, 2008 (MARKET WIRE via COMTEX News Network) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced the results of third-party research that was conducted to gauge Quantum customer satisfaction rates. The study found that 92 percent of the company's customers are satisfied or extremely satisfied with Quantum overall, and 90 percent would recommend ... 
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Jan 28 2008Quantum DXi-Series Appliances and StorNext 3.0 Named Finalists for SearchStorage.com and Storage Magazine 2007 Product of the Year Awards
Company Enters 2008 with Series of Recent Honors for its Growing Disk and Software Portfolio SAN JOSE, Calif., Jan. 28 /PRNewswire-FirstCall/ -- Quantum Corp. (NYSE: QTM) the leading global specialist in backup, recovery and archive, today announced that its DXi(TM) disk backup data de-duplication and replication family and its StorNext(R) 3.0 data management software have recently received a total of seven global IT and storage industry honors. These a... 
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Jan 24 2008University of St. Thomas Uses Quantum Data De-Duplication Solution to Cut Backup Time in Half
Quantum's DXi(TM) Appliance Reduces University's Data Center Disk Space Utilization by 90 Percent and Restores Confidence in Backup Reliability Over Previous D2D2T Process SAN JOSE, Calif., Jan. 24 /PRNewswire-FirstCall/ -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that the University of St. Thomas has become the latest organization to realize significant benefits by utilizing Quantum's DXi(TM) disk backup and replicat... 
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Jan 23 2008Quantum Corporation Reports Fiscal Third Quarter Results
Generates Highest GAAP Operating Income in Three Years SAN JOSE, Calif., Jan. 23 /PRNewswire-FirstCall/ -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that revenue for its fiscal third quarter (FQ3'08), ended Dec. 31, 2007, was $253 million. Although this was down from $302 million in the same quarter last year (FQ3'07), the company more than doubled its GAAP operating income to $9 million. This was the highest l... 
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Jan 17 2008Quantum Introduces LTO-4 Half-Height Tape Drive With Same Performance as Full-Height Drive
Provides Superior Backup Performance and Energy Efficiency in Space-Saving, Cost-Effective Form Factor SAN JOSE, Calif., Jan. 17 /PRNewswire-FirstCall/ -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced the availability of its LTO-4 Half-Height (HH) tape drive. Well suited for midrange and enterprise customers concerned about disaster recovery and companies seeking affordable backup for their remote of... 
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Jan 07 2008Quantum Announces Fiscal Third Quarter Results Conference Call
SAN JOSE, Calif., Jan 07, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will issue a news release on its financial results for the third quarter of fiscal 2008, ended Dec. 31, 2007, on Wednesday, Jan. 23, 2008, after the close of the market. The company will hold a conference call to discuss these results. Conference Call: Wednesday, Jan. 23, 2008, 2:00 p.... 
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Jan 03 2008Quantum to Present at Needham & Company, LLC 10th Annual Growth Conference
SAN JOSE, Calif., Jan. 3 /PRNewswire/ -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will be presenting at the following conference: Needham & Company, LLC 10th Annual Growth Conference Event Date: Thursday, Jan. 10, 2008 Start Time: 8:30 a.m. EST Location: The New York Palace Hotel New York, NY Webcast: A live and archived audio webcast of the company's ... 
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In the first quarter of fiscal year 2014, Quantum identified an accounting error that impacted prior reporting periods. See Quantum’s Form 10-Q for the June 30, 2013 quarter as filed on August 9, 2013 for revised historical financials.

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