Top 100 Computer Companies
QUANTUM SHIPS MILLIONTH DLTTAPE DRIVE, 30
MILPITAS, Calif., March 23, 1999 Quantum Corporation (NMS:QNTM) announces
the celebration of the shipment of its one millionth DLTtape drive and 30 millionth
In todays non-stop business environment, IT professionals rely on DLTtape
drives and media because they provide unsurpassed data protection, said Bill Boles,
vice president, marketing for Quantums DLTtape Division. Weve shipped a
million DLTtape drives and 30 million tape cartridges for one reason: IT professionals
charged with protecting their companys most critical asset stored content
trust DLTtape more than any other tape backup technology. As the need for data
storage increases, and the window for backing up this data continues to decrease, Quantum
is providing a clear path for the future.
During Quantums fiscal year, the installed base for DLTtape drives
increased 70 percent from 600,000 to one million units, said Brodie Keast, vice
president and general manager of Quantums DLTtape Division. Quantum Corporations
fiscal year runs April 1 to March 31.
The one-millionth drive and 30 millionth DLTtape cartridge shipments represent further
market expansion of DLTtape technology. According to the International Data Corporation
(IDC), in a recently published report, DLTtape held 40 percent of total OEM drive revenue
in the worldwide midrange1 tape storage market at the close of 1998.
DLTtape technology continues to gain momentum in the mid-range tape storage
market, said Bob Amatruda, senior analyst at IDC. With one million DLTtape
drives shipped and thirty million cartridges in the field, DLTtape has become the
technology to beat.
One-millionth DLTtape drive delivered to Compaq
Quantums millionth drive, a DLT 7000, rolled off the assembly line at Quantums
Colorado Springs, Colo. facility, and was shipped to Compaq Computer Corporation
(NYSE:CPQ). The Compaq/3570 DLT drive will be installed as part of the backup solution in
a ProLiant Server environment.
Customers tell us they want DLTtape-based storage solutions because it gives them
an edge in safeguarding critical data, said Jeff Jenkins, marketing manager of the
Data Products Business Unit of Compaqs Storage Products Division. For
mid-range enterprise systems, DLTtape offers unparalleled performance and reliability.
Founded in 1980, Quantum Corporation (www.quantum.com) is a diversified mass storage
company committed to achieving customer satisfaction through high quality and reliability.
Quantum is the highest volume global supplier of hard disk drives for personal computers,
a leading supplier of high capacity hard drives and the worldwide revenue leader among all
classes of tape drives. Quantum sells a broad range of storage products to OEM and
distribution customers worldwide. Quantums sales for the fiscal year ending March
1998 were $5.8 billion.
The foregoing statements regarding expansion of the DLTtape market and installed base
and the success of future DLTtape products are forward-looking statements, and actual
results could vary. Factors which could affect actual results include the successful
completion of remaining development efforts, the ability to successfully integrate new
technology into DLTtape products and manufacture those products in sufficient quantity in
a timely, cost effective manner, the market acceptance of the DLTtape products and the
price/performance characteristics of competitive product offerings.
Quantum and the Quantum logo are trademarks of Quantum Corporation, registered in the
United States and other countries. DLT and DLTtape are trademarks of Quantum Corporation.
Compaq, Registered U.S. Patent and Trademark Office.
1IDC defines Midrange Tape Storage technologies as those in the SLR, 4mm,
8mm and DLTtape categories.