2017 Press Releases

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Mar 23 2017Quantum Releases Purpose-Built 4K Video Reference Architectures to Deliver Industry-Best 4K Stream Counts and Performance
Stringent Testing Yields Disk and Flash Configurations Optimized for Different Performance, Capacity and Cost Requirements SAN JOSE, Calif., March 23, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced purpose-built 4K video reference architectures that leverage the company's StorNext®-powered, disk- and flash-based workflow storage systems to maximize 4K stream counts and optimize performance levels in accordance with users' specific needs. Based on exhaustive testing with... 
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Mar 22 2017Quantum to Highlight Data Management Solutions for Meeting Video Surveillance Storage Challenges at ISC West 2017
Partnerships and Awards Mark Increasing Momentum in Security Industry SAN JOSE, Calif., March 22, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) will highlight its data management solutions at the ISC West 2017 Conference in Las Vegas, along with the latest additions to its extensive partner ecosystem. Powered by the company's award-winning StorNext® software, these multi-tier storage solutions provide a unique combination of high performance, low-cost capacity and data accessibility f... 
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Mar 14 2017Quantum and Interica Partner to Lower Cost and Increase Efficiency of Storing Oil and Gas Project Data
Quantum Lattus Private Cloud Certified With Interica's PARS® Data Management System SAN JOSE, Calif. and LONDON, March 14, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) and Interica today announced a joint solution which enables oil and gas organizations to add cloud archive storage to their exploration workflows. Interica has certified Quantum Lattus® private cloud object storage for use as an S3 storage target with Project Archive and Retrieval System (PARS®), Interica's advanced project... 
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Mar 08 2017Crawford Media Services Builds Media Digitization and Preservation Services on Quantum Lattus Object Storage
Easily Scalable Quantum Archive Improves Long-Term Integrity and Availability of Content While Minimizing Costs SAN JOSE, Calif., March 8, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that Atlanta-based Crawford Media Services is using Lattus® object storage to build a content repository that supports mass migration of its clients' legacy content to digital formats and provides ongoing media storage and management. Designed to hold an initial 1.2 petabytes of archived... 
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Mar 06 2017Quantum to Present at the 29th Annual ROTH Conference
SAN JOSE, Calif., March 6, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that President and CEO Jon Gacek and Senior Vice President and CFO Fuad Ahmad will be presenting at the 29th Annual ROTH Conference to be held at The Ritz-Carlton, Laguna Niguel in Dana Point, California on Monday, March 13, 2017 at 9:00 a.m. PST. The Quantum management team will also be conducting one-on-one institutional investor meetings at the conference. Webcast A live and archived aud... 
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Mar 03 2017Quantum Corporation and VIEX Capital Advisors Sign Agreement to Reconstitute Quantum Board to Consist of a Majority of New Directors
SAN JOSE, Calif., March 3, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that it has reached an agreement with VIEX Capital Advisors, LLC, which owns approximately 11 percent of outstanding shares of Quantum's common stock, to reconstitute the Quantum board of directors with a majority of new, independent directors over the next several months. Specifically, Quantum has committed to identify, within the next 90 days and subject to VIEX's approval, three new, independent and... 
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Feb 07 2017Quantum StorNext File System and Data Management Named Network Computing Product of the Year Finalist
Latest Industry Accolade Reflects Unique Value StorNext Delivers for Managing Unstructured Data in Highly Demanding Enterprise Environments SAN JOSE, Calif. , Feb. 7, 2017 /PRNewswire/ --  Quantum Corp. (NYSE: QTM) today announced that Network Computing readers have nominated StorNext 5 scale-out file system and multi-tier data management software as a finalist in the Storage Product of the Year category for the 2017 Network Computing Awards. Long used throughout the med... 
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Feb 02 2017Quantum Corporation Responds to VIEX's Nomination of Directors
SAN JOSE, Calif., Feb. 2, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today responded to the notice it received today from VIEX Capital Advisors, LLC nominating five candidates for election to Quantum's board of directors at the company's Annual Meeting of Stockholders: Quantum is committed to maintaining a highly qualified and experienced board that is focused on driving value for all stockholders. We seek at all times to work constructively with our stockholders and consider t... 
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Jan 26 2017Quantum's Flash Integration Helps Drive 62% Growth in Enterprise Deduplication Revenue Over First Three Quarters of Fiscal Year
Customers Increasingly Turn to DXi6900 Appliance Family to Meet Evolving Data Protection Demands SAN JOSE, Calif., Jan. 26, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today highlighted its significant market momentum in disk-based backup and deduplication, as both existing and new customers increasingly deploy the company's DXi® appliances to address their changing data protection requirements. In the first nine months of Quantum's fiscal year (April 1-Dec. 31, 2016), overall product and re... 
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Jan 25 2017Quantum Corporation Reports Fiscal Third Quarter 2017 Results
Key Year-Over-Year Highlights: - Total revenue of $133.5 million, up 4% - Scale-out tiered storage revenue of $39.8 million, up 12% - GAAP net income of $5.0 million, a $5.8 million improvement - Non-GAAP net income of $6.6 million, a $1.8 million improvement SAN JOSE, Calif., Jan. 25, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today reported results for the fiscal third quarter 2017 ended Dec. 31, 2016 (all comparisons are relative to the fiscal third quarter 2016 unle... 
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Jan 18 2017Quantum Extends Video Surveillance Solutions Portfolio, Grows Partner Ecosystem
Company to Highlight Momentum at Intersec 2017 SAN JOSE, Calif., Jan. 18, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced expansions to its storage solutions family and technology partner ecosystem for video surveillance and security. With the new Xcellis™ Application Director E, customers in low camera-count environments can now run video management systems (VMS) or analytic applications with directly attached storage. In addition, Arecont Vision, AxxonSoft and Digifort... 
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Jan 12 2017Storage Magazine Names Two Quantum Products as Finalists for 2016 Product of the Year Awards
Xcellis Scale-out Workflow Storage and DXi6900-S Deduplication Appliance Recognized for Innovation, Performance, Ease of Use and Integration, Functionality and Value SAN JOSE, Calif., Jan. 12, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that two of its products have been named finalists in the Storage magazine/SearchStorage.com 2016 Product of the Year Awards. Highlighting innovation in Quantum's scale-out tiered storage and data protection solutions, the products we... 
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Jan 12 2017Quantum Announces Positive Preliminary Fiscal Third Quarter 2017 Results
SAN JOSE, Calif., Jan. 12, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced preliminary results for the fiscal third quarter 2017, ended Dec. 31, 2016 that were above the high end of the previously provided guidance range for both total revenue and profitability. The company currently expects: Total revenue of approximately $133 million, up from $128 million in the fiscal third quarter 2016.[1] For the first three quarters of fiscal 2017 (YTD), total revenue grew 8 percent ove... 
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Jan 05 2017Quantum to Present at the 19th Annual Needham Growth Conference
SAN JOSE, Calif., Jan. 5, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that President and CEO Jon Gacek and Senior Vice President and CFO Fuad Ahmad will be presenting at the 19th Annual Needham Growth Conference to be held at the Lotte New York Palace Hotel in New York City on Thursday, Jan. 12, 2017 at 2:50 p.m. EST. The Quantum management team will also be conducting one-on-one institutional investor meetings at the conference.Webcast A live and archived audio webcast of th... 
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In the first quarter of fiscal year 2014, Quantum identified an accounting error that impacted prior reporting periods. See Quantum’s Form 10-Q for the June 30, 2013 quarter as filed on August 9, 2013 for revised historical financials.

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