Quantum Ships Super DLTtape Units to Compaq
Compaq's Participation in Quantum's Early Engagement Program
Addresses Customers' Increased Data Storage Needs
MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 17, 2000--Quantum Corporation's DLT
& Storage Systems Group (NYSE:DSS - news), the leader in tape storage technology,
today announced that Compaq Computer Corporation, a worldwide leader in storage solutions and a Quantum OEM
business partner, has received Super DLTtape(TM) units as part of Quantum's Early Engagement Program (EEP) and
delivered them to select Compaq customers.
The Early Engagement Program is an initiative that involves Quantum's customers in the product development cycle from
concept to delivery. The program identifies and addresses the specific needs of customers, enabling Quantum to offer the
highest quality storage solutions in the industry.
``We are proud to receive Quantum's Super DLTtape drives which will be optimized to perform with our award winning
server and Storage Works(TM) solutions,'' said Rusty Smith, director, Data Products Business Unit, Compaq Computer
Corporation. ``We have a longstanding tradition of delivering the highest quality backup and restore solutions to our
customers and are confident that Super DLTtape will raise this standard to a new level.''
``Engaging Compaq in an open dialog about Super DLTtape's specific features and functionality demonstrates strong partner
support by Quantum for its new tape drives,'' said John Freeman, president, Strategic Marketing Decisions. ``The partnership
between Quantum and Compaq is an example of an industry alliance that sets the tone for the next-generation of tape storage
products.''
Super DLTtape continues to set the standard for tape storage with a family of Super DLTtape products. The multi-range
offering provides capacity and transfer rates appropriate for the workgroup, mid-range and enterprise business needs. Super
DLTtape technology offers backward-read compatibility with the existing DLTtape product family.
``Compaq is a pivotal player in our Early Engagement Program and continues to demonstrate valuable leadership and support
for Super DLTtape technology,'' said William Boles, vice president, marketing, Quantum DLTtape. ``Our collaboration with
Compaq extends the DLTtape `industry standard' by providing superior data storage solutions to thousands of end-user
companies.''
About DLTtape
With more than 1.5 million DLTtape drives and greater than 50 million DLTtape media cartridges shipped to date, DLTtape
technology is the de facto standard for backing up and archiving business-critical data for mid-range servers and high-end
workstations. Information on the DLTtape platform can be found at www.dlttape.com. Information about Super DLTtape can
be found at www.dlttape.com/super.
About Quantum
Founded in 1980, Quantum Corporation (www.quantum.com) is the world's leading storage supplier in six of the seven
markets it serves: desktop hard disk drives, tape drives, network attached storage (NAS) appliances, solid state systems and
hard disk drives for the emerging personal video recorder (PVR) market, and DLTtape(TM) automation systems. Quantum is
also a leading supplier of high-end hard disk drives. In 1999 Quantum became the first Silicon Valley company to issue
tracking stock, replacing its existing common stock with the ticker symbols DSS and HDD, which track the separate
performance of the company's DLT and Storage Systems and Hard Disk Drive businesses. Both stocks are traded on the
New York Stock Exchange. Selling its products through OEM and distribution channels worldwide, sales for the fiscal year
ending March 2000 were $1.4 billion for Quantum's DLT and Storage Systems Group and $3.3 billion for Quantum's Hard
Disk Drive Group.
About Compaq Computer Corporation
Compaq Computer Corporation, a Fortune Global 100 company, is the largest supplier of computing systems in the world.
Compaq designs, develops, manufactures, and markets hardware, software, solutions, and services, including industry-leading
enterprise computing solutions, fault-tolerant business-critical solutions, and communications products, commercial desktop
and portable products, and consumer PCs.
Compaq products and services are sold in more than 200 countries directly to businesses, through a network of authorized
Compaq marketing partners, and directly to businesses and consumers through Compaq's e-commerce Web site at
compaq.com. Compaq markets its products and services primarily to customers from the business, home,
government, and education sectors. Customer support and information about Compaq and its products and services are
available at compaq.com.
Notes: Compaq and the Compaq logo Registered U.S. Patent and Trademark Office. Product names mentioned herein may
be trademarks and/or registered trademarks of their respective companies. This financial discussion contains forward-looking
statements based on current expectations that involve a number of risks and uncertainties. The potential risks and uncertainties
that could cause actual results to differ materially include: delays in the implementation of changes in delivery models,
component shortages, increased competitive environment and pricing pressures, delays in product rollout schedules, slow
acceptance for new form factors, changes in product, customer and geographic sales mix, employee retention, the financial
condition of resellers, delays in new systems implementation, operational inefficiencies related to sales cycles, equity
investment volatility, emerging market political or economic instability and disruptions related to restructuring actions. Further
information on the factors that could affect Compaq's financial results is included in Compaq's Securities and Exchange
Commission (SEC) filings, including the latest Annual Report on Form 10-K and the latest quarterly report on Form 10-Q.
The foregoing statements regarding future technology, products incorporating that technology, the anticipated performance
and compatibility of the products, as well as the potential market acceptance of the products are forward looking statements
and actual results could vary. Factors which affect actual results include the success of the ongoing technology development
efforts, the ability to successfully integrate new technology into products in a cost-effective manner, the ability to successfully
manufacture and distribute new products at sufficient volume, quality and reasonable cost, the timing of new product
introductions, competition and the significant uncertainty of market acceptance of new products.
c. 2000, Quantum Corporation. Quantum is a trademark of Quantum Corporation, registered in the United States and other
countries. DLT, DLTtape, Super DLTtape, and the DLTtape logo are trademarks of Quantum Corporation. All other
trademarks are property of their respective owners.
Contact:
Quantum Corporation
Julie Quattro, 408/894-4768
julie.quattro@quantum.com |
