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Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Mills who wrote (4283)	10/22/1997 1:07:00 PM
From: pamela baker	Respond to of 9124

To all, MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 22, 1997-- At DataStorage97 Forum, the 70 GB Quantum tape drive tied for first place in the outstanding new product category Quantum Corporation (NMS:QNTM) today announced that the company's DLT(TM) 7000 tape drive, featuring 70 gigabytes (GB) capacity, was voted this year's most significant product introduction at the DataStorage97 Forum, held September 15 to 17 in San Jose, California. The Quantum tape drive tied for first place in the "Outstanding New Product" category. The votes were cast by nearly 400 senior executives from manufacturers of magnetic disk, optical disk, and tape storage products, and by industry suppliers, software developers, major computer manufacturers, and investors who attended the three-day event. Win reflects DLT performance, reliability, scalability The most recent offering in Quantum's DLT tape drive family, the DLT 7000 is the industry's first 70 GB (compressed) capacity tape drive designed specifically for the mid-range server marketplace. According to Brodie Keast, vice president and general manager of Quantum's DLT Division, industry leaders' recognition of the DLT 7000 at DataStorage97 reflects both the importance of the mid-range segment for data storage providers, and the Quantum drive's ability to meet the stringent backup requirements of this thriving arena. "With the move to intranet computing picking up speed and content-rich, mission-critical data increasingly residing on enterprise servers, companies have a pressing need for a server backup solution that delivers the most compelling balance of performance, reliability, and scalability," Keast said. Keast noted that the DLT 7000 delivers the requisite performance and reliability by featuring a sustained data transfer rate of up to 10 megabytes per second, a head life of 30,000 hours, media durability of one million tape passes, and an overall Mean Time Between Failure rating of 300,000 hours at a 20 percent duty cycle. Quantum DLT technology also fulfills the crucial scalability requirement by providing multiple solutions for continuous performance and capacity improvements, in addition to backward compatibility with legacy DLT tape drives. About DataStorage Forums The DataStorage Forums are sponsored by two computer industry market research and consulting firms, Disk/Trend, Inc. of Mountain View, Calif., and Freeman Associates, Inc. of Santa Barbara, Calif. Staged at the Fairmont Hotel in San Jose, DataStorage97, the 16th edition of the Forum, included presentations and discussions by 51 speakers and panel members. Highlights included an executive roundtable on major issues and sessions on data storage technology advances, changing requirements for enterprise data storage, and new demands on tape drives. The 1998 conference is scheduled for September 8-10 at the same site. About Quantum Founded in 1980, Quantum Corporation designs, manufactures and markets storage products for today's digitized world. One of the highest volume global suppliers of hard disk drives, Quantum is widely recognized as the industry's quality leader. The company sells a broad range of storage products to OEM and distribution customers worldwide. Quantum sales for the fiscal year ending March 1997 were $5.3 billion. Quantum's world wide web home page address is quantum.com . Note to Editors: The Quantum logo is a registered trademark and DLT is a trademark of Quantum Corporation. All other trademarks are property of their respective companies. (Copyright 1997)