Quantum Unveils Latest Line of Snap Servers; New File Servers Offer Higher Capacities

Business Wire, June 5, 2000

Business Editors/High Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--June 5, 2000

Quantum Corporation's DLT and Storage Systems Group's (NYSE:DSS) Snap Division continues to extend its leadership position in the network attached storage (NAS) market with the announcement of three new Snap Servers today. The Snap Server 1000 series of products features two new models with capacities of 15 GB and 30 GB, with U.S. list prices of $499 and $799 respectively. The Snap Server 2000 series adds a new capacity of 60 GB with a list price of $1,699. The new Snap Servers offer as much as 50 percent more storage capacity than models they replace which include the Snap Server 1000 10 GB ($499) and Snap Server 2000 20 GB ($899). In addition, the Snap Server 4000 will continue to provide 120 GB of storage and RAID 5 in a rack-mountable form factor for $2,999.

"With the announcement of the new Snap Servers, it is clear that Quantum has improved its product line in a continued effort to grow in the hard drive-based NAS market projected to reach $8.3 billion in 2004," said Pu Xiang, senior analyst for server appliances at Dataquest. "As the 1999 market share leader for units shipped in the NAS space, Quantum is positioned to certainly benefit from the tremendous growth we forecast."

Snap Server 1000

The Snap Server 1000 15 GB maintains a sub-$500 price tag and small form factor. Quantum adds another model to the sub-$1000 category with the addition of the Snap Server 1000 30 GB. The three-and-one-half pound unit has proven to be ideal for use as a portable file server between locations, connecting easily from one network to another. In addition to file sharing, it is used for personal storage on a network, backup and movement of information to and from service bureaus, and for software downloads or upgrades.

Snap Server 2000

The Snap Server 2000 is optimized for the workgroup setting and supports RAID levels 0 and 1 for customers requiring enhanced performance or data protection for critical tasks. Some of its many uses include file serving, desktop and laptop backup, software downloads, and upgrades. The new 60 GB model offers 50 percent more storage than its predecessor.

"Quantum's strategy of offering file servers with superior performance and low total cost of ownership continues with our next generation of Snap Servers," said Sara Spivey, vice president of marketing for Quantum's Snap Division. "Our customers now enjoy higher capacities and lower cost per gigabyte, as well as the simplicity and reliability inherent in the Snap Server."

Capable of supporting all major networking platforms including Windows, Macintosh, UNIX, and Novell clients, the Snap Server product line installs in under five minutes and offers simple configuration through a Web browser interface that allows the file servers to be managed from anywhere on the network. Security can be integrated within existing Microsoft NT Domain and an event-based e-mail notification of potential problems is available on all Snap Server models.

The ease of use and low cost of ownership of the Snap Server provide customers with an attractive alternative to traditional NT file servers for storage and file sharing needs. Priced at approximately one-third or less of the cost of a traditional NT-type server, the Snap Server offers comparable performance and can be installed in minutes without disruption to the existing network.

Quantum Leads NAS Market

According to a recent report published by PC Data, Quantum is the market leader in the workgroup NAS market with an 85 percent market share. Quantum's award-winning Snap Server product family has led the workgroup NAS market segment's growth in recent years with unparalleled performance that is continually recognized by leading trade publications and trade groups.

Availability

Starting today, end users can purchase the expanded Snap Server product line through their local VAR or leading catalog resellers. The Snap Server product line is available for North American VARs through Ingram Micro and Tech Data: Quantum's authorized distributors for the Snap Server products. The product line is also available through selected catalog resellers.

Snap Server customers can also rely on Quantum's best-in-class service and support. The product line comes with a three-year limited parts and labor warranty, advanced Web support tools, and a 30-day money back guarantee. Toll-free telephone technical support is available for North American customers Monday through Friday from 6:00 a.m. to 6:00 p.m. PST.

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, 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.