SAN JOSE, CA -- (Marketwired) -- 12/19/13 -- Quantum Corp. (NYSE: QTM) today announced that the company and its Lattus-M object storage solution have been named finalists for a 2014 Storage Visions Award, which honors excellence and innovation in media and entertainment technology, consumer electronics, computer applications and all aspects of digital storage. Quantum is a finalist for advancing the state of the art in storage technologies utilized in the media and entertainment industry. Lattus-M has been selected for the digital storage advancements it brings to professional-class media and entertainment storage environments.
Quantum's Lattus-M solution enables media innovators to seamlessly migrate their content -- at nearline speeds -- to a highly durable cloud disk tier with embedded high-bandwidth network access. Content can then be easily shared with other creators or broadcast to an audience over IP. The Lattus-M disk tier also embeds efficient geographic data distribution, enabling multi-site data availability without the need to administer replication or endure disruptive system upgrades. Using Lattus-M, any content professional can create an end-to-end media workflow which only the largest and most leading-edge media broadcasters could previously afford. Lattus-M accomplishes this by integrating cloud object storage technology with StorNext®, the recognized market performance leader for video editing and policy-managed tiering.
Award winners will be announced at the thirteenth annual Storage Visions Conference which will be held at the Riviera Hotel Convention Center in Las Vegas which begins on January 5, 2014.
Tom Coughlin, president and chief analyst, Coughlin Associates
"We received a record number of excellent award submissions this year, making the finalist selection process extremely difficult. There were many true storage innovations entering the media and entertainment industry this year that deliver tremendous benefits for preserving and managing growing amounts of digital content and assets on a global scale. It is our pleasure and honor to recognize Quantum and its Lattus-M product as finalists for a 2014 Storage Visions Award."
Alex Grossman, vice president, Media and Entertainment, Quantum
"Leaders in the media market are enabling greater content value by leveraging a faster cycle of content creation and delivery using Internet-based broadcasting models to a wider range of devices. This continues to push the boundaries of affordable digital workflows. Next-generation object storage can help ease that pressure by serving as a nearline, network-attached content repository that easily integrates with StorNext, the most widely deployed end-to-end content infrastructure platform in the media and entertainment industry. Industry recognition of Quantum and Lattus-M as a finalist for a Storage Visions Award validates the value we provide to our customers."
Quantum is a proven global expert in big data management and data protection, providing specialized storage solutions for physical, virtual and cloud environments. From small businesses to major enterprises, more than 100,000 customers have trusted Quantum to help maximize the value of their data by protecting and preserving it over its entire lifecycle. With Quantum, customers can Be Certain they're able to adapt in a changing world -- keeping more data longer, bridging from today to tomorrow, and reducing costs. See how at www.quantum.com.
Quantum, the Quantum logo, Be Certain, Lattus and StorNext 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 Lattus-M object storage solutions, and 2) customer demand for and Quantum's future revenue from such 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, unforeseen technical limitations, 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 November 12, 2013 and in Quantum's Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 7, 2013. Quantum expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.