Imation Extends Commitment to ProStor Systems and RDX Removable Hard Disk FormatBy Prostor Systems, PRNE
Tuesday, March 9, 2010
Signs 10-year license extension for RDX and invests US$5 million in ProStor Systems' technology
OAKDALE, Minnesota and BOULDER, Colorado, March 10, 2010 - Imation Corp. (NYSE: IMN), a global leader in removable data storage and
a founding member of the RDX Storage Alliance, together with ProStor Systems,
the leader in enterprise-class removable disk storage systems for business
backup, archiving, and long-term data retention and management, today
announced Imation has extended its RDX(R) license agreement with ProStor
Systems. Under the terms of the agreement, Imation will have a license to
manufacture, market and sell RDX removable hard disk systems through 2020.
Further underscoring the company's commitment, Imation also announced that it
has invested US$5 million to help advance ProStor's technology.
"Removable hard disk storage, which addresses the need for
cost-effective, scalable storage for small and medium businesses, is a
fast-growing and important segment of the data storage market. The RDX system
is clearly the industry standard for removable hard disk storage," said
Subodh Kulkarni, chief technology officer and senior vice president of the
global commercial business for Imation. "Through our extended licensing
agreement with ProStor Systems, we are demonstrating our commitment to the
RDX solution, and to our customers worldwide who want the combined benefits
of disk and tape that RDX offers. We are enthusiastic about ProStor Systems'
roadmap for RDX, and are investing in the technology to help drive the
development of new RDX offerings for our customers."
"RDX momentum continues to grow, and Imation's long-term investment in
this format is another significant milestone in the industry's adoption of
RDX," said Frank Harbist, president and chief executive officer, ProStor
Systems. "Leading OEMs like Dell, IBM, and HP have provided RDX-based
solutions to more than 200,000 customers worldwide and that number is
growing. A company like Imation, with deep technology strength based on more
than 50 years in the data storage industry and extensive global distribution
reach, is an excellent partner for both ProStor RDX and InfiniVault(R). We
look forward to continuing to work with Imation to deliver the next
generations of our RDX technology roadmap as well as other storage
RDX is an alternative to tape that includes a high-capacity, rugged, and
removable 2.5-inch hard disk drive cartridge and a docking station with USB
and SATA connections. RDX removable hard disk drive cartridges offer complete
data protection with easy and reliable backup, data security, and expandable
storage, and are available in 160GB, 320GB, 500GB, and 640GB capacities. The
docking station and cartridges are fully forward and backward compatible.
Imation's RDX system combines robust RDX technology with award-winning
software to make protecting data even easier. The software installs in
minutes and delivers fast backups, accurate restores, and file disaster
recovery with minimal manual effort or expertise. It also features government
certified 256-bit AES encryption, ensuring that sensitive data remains
ProStor InfiniVault provides a data management and retention storage
system that integrates RDX removable disk technology to provide online,
offline, and offsite storage of data and images. ProStor InfiniVault's
included software is able to ensure the authenticity and immutability of data
while indexing, compressing, encrypting, and de-duplicating files to offer
customers simplified compliance, disaster protection, and eDiscovery of data
at the lowest possible cost.
Imation RDX and ProStor InfiniVault are available through authorized
distributors. ProStor and Imation are founding members of the RDX Storage
Alliance, a non-profit professional community dedicated to the open sharing
of RDX Storage solutions and best practices contributed by customers and
partners. For more information or to join the RDX Storage Alliance go to
About Imation Corp.
Imation is a leading global developer and marketer of branded products
that enable people to capture, save and enjoy digital information. Our
world-class portfolio of digital storage products, audio and video
electronics and accessories reaches customers through a powerful global
distribution network. Our goal is a company with strong commercial and
consumer businesses and continued long-term growth and profitability that
creates shareholder value. Imation Corp.'s global brand portfolio, in
addition to the Imation brand, includes the Memorex brand, one of the most
widely recognized names in the consumer electronics industry, famous for the
slogan, "Is it live or is it Memorex?" and the XtremeMac brand. Imation is
also the exclusive licensee of the TDK Life on Record brand, one of the
world's leading recording media brands. Additional information about Imation
is available at www.imation.com.
About ProStor Systems
ProStor Systems provides industry-leading solutions for the
cost-effective, long-term storage of digital information. ProStor's RDX(R)
removable disk technology is sold by leading server manufacturers Dell, HP,
IBM, and others who combined have shipped over 100 petabytes to 200,000
customers worldwide. ProStor InfiniVault(R) is the most cost-effective
storage system for the long-term retention of data and images. ProStor
InfiniVault integrates information management software, online disk, and RDX
removable disk to simplify retention management while automating disaster
protection and regulatory compliance. This intelligent storage system is
replacing optical, tape, and disk in healthcare, document imaging, financial
services, digital video archive, service provider, and government markets.
For more information about ProStor Systems, visit
www.prostorsystems.com or contact the company at
email@example.com or +1-303-565-3100. Visit www.rdxstorage.com
to learn more about RDX removable disk technology.
ProStor Systems, RDX and InfiniVault are registered trademarks of ProStor Systems, Inc. Imation, the Imation logo, Memorex, the Memorex logo, 'Is it live or is it Memorex?' and XtremeMac are trademarks of Imation Corp. and its subsidiaries. The TDK Life on Record logo is a trademark of TDK Corporation. All other trademarks are property of their respective owners.
Mary Rawlings-Taylor of Imation Corp., +1-651-704-6796, mjrawlings-taylor at imation.com; or Curtis Chan of CHAN & ASSOCIATES, INC., +1- 714-447-4993, ext. 100, cj_chan at chanandassoc.com, for ProStor Systems
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