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SAN JOSE, Calif. , Oct. 29, 2019 /PRNewswire/ -- Quantum Corporation (OTC: QMCO) announced today it will release financial results for its second fiscal quarter ended September 30, 2019 on Tuesday, November ...
SAN JOSE, Calif., Oct. 15, 2019 /PRNewswire/ -- Quantum Corporation (QMCO) announced today that Clifford Press has decided to retire from the Company's Board of Directors effective today. Mr. Press has served as an independent Director since 2016 and served as the Chair of the Corporate Governance and Nominating Committee and a member of the Audit committee. "We are very grateful to Clifford Press for his service on Quantum's Board," said Jamie Lerner, Quantum's Chairman of the Board and Chief Executive Officer.
TVB Europe Best of Show and CSI Award Add to Growing List of Industry Recognitions SAN JOSE, Calif. , Sept. 18, 2019 /PRNewswire/ -- Quantum Corp. (OTCPK: QMCO) today announced that the F-Series NVMe storage ...
SAN JOSE, Calif., March 6, 2019 /PRNewswire/ -- Quantum Corp. (QMCO) today announced that Elizabeth (Liz) King has joined the company as Chief Revenue Officer. King brings more than 25 years of experience in global sales, with leadership positions spanning enterprise, public sector and telecom industries in over 30 countries. "Liz has been successful at seizing market opportunities and driving sales teams to achieve profitable revenue growth for some of the most respected companies in Silicon Valley," said Jamie Lerner, President and CEO of Quantum.
Kings Deliver Stunning, Ultra-High-Definition Visuals on Arena Video Board and Beyond with Quantum StorNext and CatDV Asset Management SAN JOSE, Calif. , Feb. 27, 2019 /PRNewswire/ -- Quantum Corp. (OTCPK: ...
SAN JOSE, Calif., Jan. 22, 2019 /PRNewswire/ -- Quantum Corp. today announced that three of its products have been named finalists in the Storage magazine and SearchStorage 2018 Product of the Year Awards. The company was recognized in three categories – StorNext 6.1 file system in the Storage Management Tools category, Xcellis in the Storage Arrays category, and the Quantum Converged Tape Appliance for Veeam Environments in the Backup and Disaster Recovery Hardware category. "The latest recognition from Storage magazine adds to a substantial body of industry accolades for Quantum products," said Eric Bassier, Senior Director of Product Marketing for Quantum.
SAN JOSE, Calif., Jan. 15, 2019 /PRNewswire/ -- Quantum Corp. (QTM) today announced that the Company received notification from the New York Stock Exchange (NYSE) of its determination to commence proceedings to delist the Company's common stock. The determination to commence the delisting proceeding is a result of the Company requiring more time to become current in filing its late annual and quarterly reports, including its financial statements, with the Securities and Exchange Commission ("SEC"), as described in more detail in its Form 8-K filed with the SEC on September 14, 2018 and its press release issued on December 28, 2018. Trading in the Company's common stock on the NYSE will be suspended immediately.
SAN JOSE, Calif., Jan. 10, 2019 Quantum Corp. (QTM) today announced the availability of the latest DXi-series backup appliances – the DXi9000 and DXi4800. The new offerings draw from Quantum's years of experience optimizing backup appliances – both software and hardware – to deliver greater storage density and efficiency for enterprises around the world. With industry-best density, ultra-fast performance, and the ability to protect petabytes of data, the DXi9000 is a highly-efficient option for enterprise backup storage. The DXi9000 scales from 51 TB to 1 PB of useable capacity, using Quantum's unique capacity-on-demand licensing, and is the first backup appliance to take advantage of 12 TB hard drives.
Jan 10 (Reuters) - Quantum Thinking Ltd: * BOARD APPROVED & ADOPTED A DIVIDEND POLICY WITH EFFECT FROM JAN 1, 2019 Source text for Eikon: Further company coverage:
SAN JOSE, Calif., Dec. 28, 2018 /PRNewswire/ -- Quantum Corp. (QTM) today announced the successful completion of a refinance of its current debt facilities. The new $210 million of total credit facilities consist of a $165 million senior secured term loan facility, led by an investment fund managed by a leading US-based global fixed income asset manager, along with a $45 million revolving credit facility from the Company's current revolving credit facility lender. The new loan facility will be used to repay the Company's outstanding debt and related fees and interest (totaling $124.6 million with respect to its current term loan and $21.2 million with respect to its current revolving credit facility), provide capital to fund ongoing growth initiatives, and to support other general corporate purposes. The Company's cash and cash equivalents as of the date of this release are approximately $14 million, and the amount drawn down under the new revolving credit facility is $4.4 million.
SAN JOSE, Calif., Dec. 19, 2018 /PRNewswire/ -- Quantum Corp. (QTM) will demonstrate its new Mobile Storage offering at CES 2019 in Las Vegas. The ruggedized, in-vehicle storage solution is designed specifically for mobile and remote capture of video and other IoT sensor data. Quantum will host demonstrations and schedule meetings at the MGM Grand, Jan. 7-11, with partner AutonomouStuff. "Autonomous vehicle testing generates and captures massive amounts of data to be analyzed in extremely short timeframes, and then preserved for long-term reference," said Mark Pastor, Data Archive Product Director for Quantum.
SAN JOSE, Calif., Dec. 11, 2018 /PRNewswire/ -- Quantum Corp. (QTM) today announced the opening of its new Executive Briefing Center in Englewood, Colorado. The conference center and technology lab showcase Quantum's integrated solutions and provide a place for key customers and partners to get direct access to Quantum executives, product managers, developers, technology, and leaders from all business functions to drive new levels of collaboration and customer-led innovation. Designed to facilitate discussion and demonstration, the Executive Briefing Center houses a technology proof of concept lab and serves as a training and collaboration hub for business partners. "We designed our new Executive Briefing Center to create an inviting space for collaboration with our customers and partners, in order to better focus on the business challenges they face and understand how Quantum innovation can be harnessed to address them," said Jamie Lerner, CEO and President of Quantum.
Nov 29 (Reuters) - Luenmei Quantum Co Ltd: * SAYS BOARD ELECTS SU ZHUANGQIANG AS CHAIRMAN Source text in Chinese: https://bit.ly/2DNIxGJ Further company coverage: (Reporting by Hong Kong newsroom)
SAN JOSE, Calif., Nov. 15, 2018 /PRNewswire/ -- Quantum Corp. (QTM) today announced a new ruggedized, in-vehicle storage solution designed specifically for mobile and remote capture of video and other IoT sensor data. Quantum Mobile Storage products are available in different capacity and performance models and are designed for mobile environment such as autonomous vehicle development, where each vehicle produces several terabytes of video, image and sensor data every day.