Reflects Continued Progress in Shifting Company's Strategic Focus toward delivering Higher-Value Products and Services
SAN JOSE, Calif., Dec. 11 /PRNewswire-FirstCall/ -- Quantum Corp.
(NYSE: QTM), the leading global specialist in backup, recovery and archive,
today announced that Janae Lee has joined the company as vice president,
marketing. She brings nearly 30 years of software marketing, storage industry
sales, business development and strategic planning experience to Quantum,
having served as president and CEO of TimeSpring Software and held executive
leadership positions at Avamar Technologies, Legato Systems and IBM. Lee's
appointment is the latest in a series of strategic actions Quantum has taken
over the past year to grow its disk and software business and provide
customers with more integrated, higher-value storage solutions.
As president and CEO of TimeSpring from 2004 to 2007, Lee built the
company into one of the leading start-ups in continuous data protection.
Before TimeSpring, she spent three years at Avamar as vice president, sales
and business development, where she developed and executed its market entry
plan and was instrumental in securing a number of strategic alliances (Avamar
was subsequently acquired by EMC). Prior to TimeSpring and Avamar, Lee held
several sales, marketing and product leadership positions at Legato (now
EMC/Legato) from 1996 to 2001, ultimately serving as vice president, strategic
alliances. Lee began her career at IBM, which included six years as a
marketing and product executive in IBM's storage systems business.
"Janae's storage solutions expertise, wealth of experience at both
start-ups and major systems companies, and success in leading teams through
strategic transitions will be a tremendous asset to Quantum," said Bill
Britts, executive vice president, sales, marketing and service. "She will play
a critical role as we build on the progress we've made in re-focusing the
company to meet a broader and higher-level range of customers' backup,
recovery and archive needs."
Over the past year, Quantum has focused on developing a common storage
platform that combines its patented data de-duplication technology for disk,
enterprise-class file system and industry-leading tape automation portfolio.
This is enabling Quantum to deliver the integrated data protection and
management solutions customers need. For example, Quantum's DXi-Series disk
systems de-duplicate backup data in transit -- dramatically increasing
effective disk capacity and significantly reducing the bandwidth needed for
replication -- while storing the data in Quantum's high performance file
system for rapid recovery. The DXi-Series family will also provide additional
scalability and direct tape creation with the introduction of the new DXi7500
enterprise system. Beyond the DXi-Series, Quantum is leveraging elements of
its common storage platform in its StorNext(R) data management software
solutions. StorNext provides customers with cost-effective, scalable clustered
storage for workflow and archiving and incorporates data de-duplication and
integrated lifecycle management for heterogeneous environments.
"The data storage industry has delivered an unprecedented number and range
of new data management offerings in the past five years," said Lee. "These
products are giving customers the tools they need to finally make measurable
improvements in data recovery and availability. But customers need complete
solutions -- not niche products -- to address their data management
challenges. As the largest independent developer and provider of disk and tape
solutions for data protection and retention, Quantum is uniquely positioned to
offer fully integrated solutions that enable customers to more easily and
effectively manage their data. I'm very excited about the opportunity to help
the company build out these solutions and deliver the benefits throughout the
Quantum Corp. (NYSE: QTM) is the leading global storage company
specializing in backup, recovery and archive. Combining focused expertise,
customer-driven innovation, and platform independence, Quantum provides a
comprehensive, integrated range of disk, tape, and software solutions
supported by a world-class sales and service organization. As a long-standing
and trusted partner, the company works closely with a broad network of
resellers, OEMs and other suppliers to meet customers' evolving data
protection needs. Quantum Corp., 1650 Technology Drive, Suite 800, San Jose,
CA 95110, (408) 944-4000, http://www.quantum.com.
Quantum, the Quantum logo and StorNext are registered trademarks of
Quantum Corporation and its affiliates. 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 may contain "forward-looking"
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. 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, unforeseen technical
limitations, unexpected changes in market conditions, the ability of
competitors to introduce new solutions that compete more successfully with our
solutions, and unanticipated changes in customers' needs or requirements. More
detailed information about these risk factors, and additional risk factors,
are 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," on pages 32 to 42 in our
Quarterly Report on Form 10-Q filed with the SEC on November 8, 2007 and on
pages 12 to 21 in our Annual Report on Form 10-K filed with the Securities and
Exchange Commission on June 13, 2007, as amended, 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
SOURCE Quantum Corp
CONTACT: Brad Cohen, Public Relations of Quantum Corp., +1-408-944-4044,
Web site: http://www.quantum.com