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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.
Most accounting firms are taking a wait-and-see approach to the cannabis industry, but RoseRyan recently made a key hire to expand its cannabis practice.
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.
SAN JOSE, Calif., Oct. 30, 2018 /PRNewswire/ -- Quantum Corp. (QTM) today announced that leading French dairy cooperative Maitres Laitiers du Cotentin (MLC) has deployed a combination of Quantum DXi® deduplication appliances and Veeam software to meet the challenges of skyrocketing data growth and malware threats. In proof of concept testing the DXis provided over 300% better results for primary backups than the nearest competitor or the backup software's own deduplication, and production environment performance has exceeded what was achieved in testing.
Oct 29 (Reuters) - Luenmei Quantum Co Ltd: * SAYS 9-MONTH NET PROFIT UP 36.4 PERCENT Y/Y Source text in Chinese: https://bit.ly/2qe5XNn Further company coverage: (Reporting by Hong Kong newsroom)
SAN JOSE, Calif., Oct. 24, 2018 /PRNewswire/ -- Quantum Corp. (QTM) today announced results of the first year of the Quantum NOW channel program. The Quantum NOW program was introduced in October 2017 by invitation only to select members of the Quantum Alliance partner program in North America. Just one year later, deals generated by partners in the NOW program have grown significantly and the program is demonstrating early rewards for Quantum's channel partners. "Initiated just last year, the Quantum NOW Program has clearly been a success for rewarding those partners who are focused and dedicated to selling Quantum," said Brandon Cass, Quantum's Director of Channel Sales in the Americas, and creator of the Quantum NOW program. "The Quantum NOW program is one of the most lucrative programs in the industry for channel partners, leading to more profitable deals for CEV.
SAN JOSE, Calif., Oct. 17, 2018 /PRNewswire/ -- Quantum Corp. (QTM) today announced that Motorcar Parts of America (MPA) has deployed a combination of Xcellis© workflow storage powered by StorNext® and CatDV Media Asset Management software. The resulting high-output video production environment enables more agile collaboration and provides quick automated archiving and retrieval capabilities.
SAN JOSE, Calif., Sept. 14, 2018 /PRNewswire/ -- Quantum Corp. (QTM) today announced that the Special Committee of its Board of Directors has substantially completed its internal investigation. The Committee conducted the investigation with the assistance of independent advisors.
StorNext® 6.2 bolsters performance for 4K and 8K video while enhancing integration with cloud-based workflows and global collaborative environments. NVMe storage significantly accelerates ingest and other aspects of media workflows.
SAN JOSE, Calif. , Sept. 6, 2018 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced Avid® MediaCentral® | Asset Management now supports Quantum StorNext® archive solutions. The combination of MediaCentral ...
New StorNext Release to Extend Leadership in Shared Storage for Media Workflows SAN JOSE, Calif. , Sept. 5, 2018 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that at IBC 2018 it will unveil ...