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Nov 16, 2017Quantum Pays Off Remaining $57 Million of November 2017 Convertible Notes
SAN JOSE, Calif., Nov. 16, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that it has fully repaid the $57 million in outstanding principal and accrued interest on its November 2017 convertible notes. The company used loan proceeds from its credit facilities with TCW Direct Lending and PNC Bank to make the payment. About Quantum Quantum is a leading expert in scale-out tiered storage, archive and data protection, providing solutions for capturing, sharing, managing... 
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Nov 09, 2017Quantum Corporation Reports Fiscal Second Quarter 2018 Results
Also Announces: - CEO Transition - Adalio T. Sanchez Appointed Interim CEO, Replacing Jon Gacek - Financing - Secured Additional $20 Million in Capital; On Track to Pay Off Convertible Notes on Nov. 15 - Executing Annualized Cost Savings of $15 Million in Fiscal 2018 and Up to $35 Million by End of Fiscal 2019 - Appointment of Eric Singer from VIEX Capital Advisors to Board of Directors - Expected Strong Sequential Revenue and Profitability Growth in Second Half of Fiscal 2018 ... 
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Nov 06, 2017Quantum to Showcase StorNext Parallel File System and Cloud-Native Storage Innovation at SC17
StorNext Use in Autonomous Vehicle Research, Labs, Academia and Life Sciences Among Highlights SAN JOSE, Calif., Nov. 6, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced it will feature data storage and management solutions aimed at addressing the challenges of ingesting sensor and instrument data — and rapidly aggregating it for analytics and HPC cluster work — at the SC17 Conference and Exhibition, Nov. 12-17, in Denver. The company will highlight how scale-out storage solut... 
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Oct 24, 2017Quantum Announces Fiscal Second Quarter 2018 Results Conference Call
SAN JOSE, Calif., Oct. 24, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that it will issue a news release on its financial results for the second quarter of fiscal 2018, ended Sept. 30, 2017, on Thursday, Nov. 9, 2017, after the close of the market. The company will hold a conference call to discuss these results. Conference Call Thursday, Nov. 9, 2017, 2:00 p.m. PST Dial-in Number U.S. and International: 503-343-6063 Participant Passcode: 3998768 Replay ... 
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Oct 17, 2017Quantum to Extend Storage Efficiency Leadership With Integration of New LTO-8 Tape
LTO-8 Capacity and Performance Gains Plus Scalar's High Storage Density, Low Power and Easy Management Innovations Meet Big Data Challenges Head-onSAN JOSE, Calif., Oct. 17, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that LTO Ultrium format generation 8 technology will be available in its Scalar® tape libraries and StorNext® AEL archive systems beginning in December 2017. This latest generation of LTO tape extends tape's value leadership position for low-cost, highly efficie... 
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Oct 16, 2017Quantum Transforms Channel Partner Program, Delivers Differentiation in Midst of Storage Industry Consolidation
Quantum NOW Program has Potential to Double Partner Gross Profits for New Accounts SAN JOSE, Calif., Oct. 16, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today introduced the new Quantum NOW program in North America, which is designed to empower IT data center channel partners frustrated with storage options available in the wake of industry consolidation. Quantum NOW provides partners with margin enhancements, expanded value-added service options designed to drive incremental reven... 
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Oct 11, 2017Hogarth Worldwide Extends Quantum StorNext Environment to Accommodate Rapid Growth and Collaboration Needs
Marketing Agency Leverages Multitier Storage for Greater Business Agility and Content Management SAN JOSE, Calif., Oct. 11, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that Hogarth Worldwide, a fast-growing global marketing implementation agency, has enhanced its StorNext®-powered storage environment with an Xcellis® workflow storage system, including QXS™ high-performance disk. Providing independent performance and capacity scaling — as well as low-cost, long-term c... 
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Oct 10, 2017Quantum to Present at Storage Visions on Integrating Artificial Intelligence Into Rich Media Workflows
SAN JOSE, Calif., Oct. 10, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that Mark Pastor, director of artificial intelligence solutions, will speak at the 2017 Storage Visions Conference in Milpitas, California. Pastor will discuss how integrating artificial intelligence (AI) with on-premise storage enables organizations to apply cognitive analytics to video and audio content. This approach can generate more robust metadata without the expense and challenges of moving media lib... 
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Sep 20, 2017Quantum-Veritone Artificial Intelligence Solution Wins IBC2017 NewBay Best of Show Award
Recognizes Latest StorNext Innovation ― Integrating Cognitive Analytics to Unlock Unrealized Value of Media Content With aiWARE for Xcellis SAN JOSE, Calif., Sept. 20, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that aiWARE™ for Xcellis®, an on-premise and cloud version of the artificial intelligence (AI) platform from Veritone (NASDAQ: VERI), has earned a NewBay Best of Show Award at IBC2017. Award criteria included innovation, feature set, ease of use, versatility ... 
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Sep 14, 2017Quantum to Showcase Latest Data Management and Storage Solutions for Video Surveillance at ASIS Conference
New StorNext 6 Advancements Address Increased Complexities of Today's Surveillance Environments SAN JOSE, Calif., Sept. 14, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced it will feature StorNext 6 — a major new release of the company's award-winning StorNext® scale-out file system — at the ASIS International 63rd Annual Seminar and Exhibits to be held at the Kay Bailey Hutchison Convention Center in Dallas, Texas, Sept. 25-28. Xcellis® workflow storage solutions powered by St... 
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Sep 06, 2017Quantum Announces Entry-Level NAS End-to-End Appliance for Media Workflows
StorNext-Powered Xcellis Foundation Brings Enterprise-Class Performance and Scalability to Smaller Post Houses and Corporate Video Departments for Under $25,000 SAN JOSE, Calif., Sept. 6, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced Xcellis® Foundation, a high-performance, entry-level workflow storage system specifically designed to address the technical and budgetary requirements of small- to medium-sized postproduction facilities and corporate video departments. Bas... 
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Aug 31, 2017Quantum Corporation Board Appoints Raghu Rau as Executive Chairman
Also Announces Formation of a Strategy Committee SAN JOSE, Calif., Aug. 31, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that its board of directors has appointed current Chairman Raghu Rau to serve as Executive Chairman on a temporary basis. In this role, Mr. Rau will exercise more active operational and strategic oversight on behalf of the board, including participating in investor meetings and conferences and assisting Quantum's management team with engagement of key co... 
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Aug 29, 2017Quantum Begins Shipping Xcellis Workflow Storage With Veritone aiWARE Artificial Intelligence Platform
Integrated Solution From Quantum and Veritone Provides On-Premise Cognitive Analytics, Empowering Users to Unlock Unrealized Value of Media Content SAN JOSE, Calif., Aug. 29, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced aiWARE™ for Xcellis®, an on-premise and cloud version of the artificial intelligence (AI) platform from Veritone (NASDAQ: VERI). Bringing Veritone's multi-engine AI capabilities into a Quantum StorNext®-managed environment, aiWARE for Xcellis enables users ... 
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Aug 24, 2017Quantum Corporation's Purchases of November 2017 Convertible Notes Now Total Approximately $13 Million
Company Also Confirms Plans to Redeem Remaining $57 Million With Existing Resources SAN JOSE, Calif., Aug. 24, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that it recently purchased $6 million of its convertible notes due November 2017 in the open market, bringing its total purchases of the notes to approximately $13 million over the last nine months, all on favorable terms. Following the recent $6 million purchase, the total outstanding balance on the company's conv... 
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Aug 14, 2017Quantum Corporation Board Unanimously Elects Raghu Rau as Chairman
SAN JOSE, Calif., Aug. 14, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that its board of directors has unanimously elected current director Raghu Rau as chairman, succeeding Paul Auvil, who will remain on the board. In addition, the company announced that Gregg Powers has resigned from the board, effective immediately. Quantum's Corporate Governance and Nominating Committee is also being reconstituted and will now consist of Mr. Rau, Clifford Press and Alex Pinchev as its... 
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Aug 10, 2017Quantum to Participate in Maxim Group Chicago Summer Conference
SAN JOSE, Calif., Aug. 10, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that Senior Vice President and CFO Fuad Ahmad will be conducting one-on-one institutional investor meetings at the Maxim Group Chicago Summer Conference to be held at Palmer House Hilton in Chicago on Wednesday, Aug. 16, 2017. About Quantum Quantum is a leading expert in scale-out tiered storage, archive and data protection, providing solutions for capturing, sharing and preserving digital asset... 
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Aug 09, 2017Quantum Corporation Reports Fiscal First Quarter 2018 Results
- Total revenue increased year-over-year to $116.9 million - Scale-out tiered storage revenue of $33.7 million, up 10% year-over-year - GAAP net loss of $0.11 per share, flat year-over-year - Non-GAAP earnings of $0.04 per diluted share, up $0.02 year-over-year SAN JOSE, Calif., Aug. 9, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today reported results for the fiscal first quarter 2018 ended June 30, 2017, and provided guidance for the fiscal second quarter and full year. ... 
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Aug 08, 2017Groton Utilities Achieves Comprehensive 3-2-1 Data Protection With Quantum and Veeam
Combination of DXi Deduplication, Scalar Tape and Veeam Software Protect Against Data Loss and Malware While Cutting Costs SAN JOSE, Calif., Aug. 8, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that Connecticut-based Groton Utilities is using DXi® disk-based deduplication and Scalar® tape in combination with Veeam backup and replication software to consolidate multi-site backup and disaster recovery (DR), protecting its critical data against malware and loss and reduc... 
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Aug 01, 2017Quantum's Xcellis Scale-out Storage Appliances Now Shipping With New StorNext 6 Advanced Data Management Features
Enhanced Tiered Storage Solutions Enable Enterprises to Overcome Limitations of Traditional NAS in Highly Data-Intensive Environments SAN JOSE, Calif. , Aug. 1, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced general availability of StorNext 6, a major new release of the company's award-winning StorNext® scale-out file system. It delivers a unique combination of new advanced data management features for on-premise, hybrid cloud and public cloud environments and... 
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Jul 19, 2017Quantum Announces Fiscal First Quarter 2018 Results Conference Call
SAN JOSE, Calif., July 19, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that it will issue a news release on its financial results for the first quarter of fiscal 2018, ended June 30, 2017, on Wednesday, Aug. 9, 2017, after the close of the market. The company will hold a conference call to discuss these results. Conference Call Wednesday, Aug. 9, 2017, 2:00 p.m. PDT Dial-in Number U.S. and International: 503-343-6063 Participant Passcode: 55430824 Replay Numbers... 
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Jun 19, 2017ACRI-ST Extends Quantum Xcellis Scale-out Storage to Manage 8 Petabytes of Satellite-based Research Data
Quantum to Showcase StorNext-powered Solution Used by European Space Agency Partner at ISC High Performance Conference in Frankfurt SAN JOSE, Calif., June 19, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that ACRI-ST, a French-based scientific research organization specializing in remote sensing and modelling of physical and environmental phenomena, has extended its Quantum scale-out storage environment to provide the foundation for a new 8 PB archive project. ACRI-ST, ... 
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Jun 15, 2017Quantum and DataFrameworks Deliver Intelligent Data Management for High-Performance, Project-Based Workflows
New Integrated Solution Provides More Granular Data Visibility and Access Across Scale-out Storage Environments SAN JOSE, Calif., June 15, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced the integration of DataFrameworks ClarityNow software with its XcellisTM scale-out storage and Artico™ archive appliances, providing increased visibility into usage and other intelligence regarding large unstructured data. Through deeper insight into their data, users with highl... 
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May 31, 2017Quantum Corporation Names Alex Pinchev to Board of Directors
SAN JOSE, Calif., May 31, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that its board of directors has approved the appointment of Alex Pinchev to the board. Pinchev is a 35-year information technology industry veteran who has held senior executive positions at a range of companies, including Rackspace, Red Hat and Acronis. He is currently founder, CEO and angel investor at Capri Ventures LLC, a strategic advisory services firm for technology startups, and also has many years o... 
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May 22, 2017Quantum to Participate in the 14th Annual Craig-Hallum Institutional Investor Conference
SAN JOSE, Calif., May 22, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that President and CEO Jon Gacek and Senior Vice President and CFO Fuad Ahmad will be conducting one-on-one institutional investor meetings at the 14th Annual Craig-Hallum Institutional Investor Conference to be held at The Depot Renaissance Minneapolis Hotel in Minneapolis, Minnesota on Wednesday, May 31, 2017. About Quantum Quantum is a leading expert in scale-o... 
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May 18, 2017Quantum to Present at Bio-IT World on How Integrated, Multi-Tier Data Storage Optimizes Investment for Scientific Analysis and Technical Computing
SAN JOSE, Calif., May 18, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that Mark Pastor, director of archive and technical workflow solutions, will present at the 2017 Bio-IT World Conference & Expo in Boston. Pastor will discuss how clinicians and researchers need both high-speed and easy access to data for analysis — even as medical imaging repositories reach petascale levels. He will then show how to design a future-proof infrastructure that incorporates multip... 
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May 17, 2017Quantum to Present Creative Storage Conference Keynote Address on Key Storage Considerations for 4K Deployments
Greg Holick Will Provide 4K Performance Metrics to Assist Media Facilities in Designing Optimal Storage Configurations SAN JOSE, Calif., May 17, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that Greg Holick, director of cloud storage solutions, will present a keynote address at the 2017 Creative Storage Conference (CS 2017) in Culver City, California. Drawing on extensive 4K workflow testing incorporating different stream counts, formats and storage technologies ― bot... 
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May 16, 2017Quantum Announces New Integration With Veeam to Deliver More Efficient VM Protection
- DXi Deduplication Appliances Now Support Instant VM Recovery and Synthetic Full Creation via Veeam Data Mover Service - Scalar iBlade Enables Veeam Tape Creation Without Separate Physical Server       SAN JOSE, Calif., May 16, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced new, unique integration with Veeam for DXi® deduplication appliances and Quantum's latest Scalar® tape storage platform. These integrated solutions make it ... 
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May 10, 2017Quantum Corporation Reports Fiscal Fourth Quarter and Full Year 2017 Results
SAN JOSE, Calif., May 10, 2017 /PRNewswire/ -- Full Year 2017 Highlights: Total revenue of $505 million, up 6% over fiscal 2016 Scale-out tiered storage revenue of $148 million, up 17% year-over-year Data protection revenue of $318 million, up 3% year-over-year GAAP net income of $4 million, an $80 million improvement over fiscal 2016 Non-GAAP net income of $16 million, a $19 million improvement over the prior year GAAP earnings per share of $0.11, com... 
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May 04, 2017Quantum's StorNext 6 Wins Multiple Innovation Honors at 2017 NAB Show
New Release of Workflow Storage Platform Named NewBay Media Best of Show, Post Magazine Post Pick and IABM Game Changer Finalist SAN JOSE, Calif, May 4, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that StorNext 6, a major new release of the company's renowned StorNext® platform, won a NewBay Media Best of Show Award at the 2017 NAB Show. The award recognizes technologies for innovation, feature set, cost efficiency and performance in serving the industry. In addition... 
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May 04, 2017Quantum Corporation Names Adalio Sanchez and Marc Rothman to Board of Directors
SAN JOSE, Calif., May 4, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced the appointments of Adalio Sanchez and Marc Rothman to Quantum's board of directors. Sanchez is a 35-year information technology industry veteran who spent most of his career at IBM Corp., including 16 years in senior executive and global general management roles. He is currently president of S Group Advisory LLC, a firm providing expertise and management consulting services. Rothman is executive vice pr... 
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May 02, 2017Major Video Surveillance Integrator in China Becomes Quantum Reseller and Strategic Alliance Partner
Partnership With Zhejiang Uniview Technologies Co. Ltd. Reflects Quantum's Expanding Market Footprint in Storage and Management of Surveillance Data SAN JOSE, Calif., May 2, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that Zhejiang Uniview Technologies Co. Ltd., one of the top three video surveillance system integrators in China, has agreed to become a Quantum value-added reseller and strategic alliance partner. Uniview offers a comprehensive line of IP video surveil... 
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Apr 26, 2017Quantum Announces Fiscal Fourth Quarter and Full Year 2017 Results Conference Call
SAN JOSE, Calif., April 26, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that it will issue a news release on its financial results for the fourth quarter and full year of fiscal 2017, ended March 31, 2017, on Wednesday, May 10, 2017, after the close of the market. The company will hold a conference call to discuss these results. Conference Call: Wednesday, May 10, 2017, 2:00 p.m. PDT Dial-in Number: +1 (503) 343-6063 (U.S. and International) Participant Passcod... 
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Apr 24, 2017Quantum to Showcase Veritone's Artificial Intelligence Platform in a StorNext Environment at NAB
Leaders in Workflow Storage and Cognitive Analytics Partnering to Unlock Previously Unrealized Value of Media Content SAN JOSE, Calif., April 24, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced it will showcase Veritone Inc.'s multi-engine artificial intelligence (AI) platform in a Quantum StorNext®-managed environment at the 2017 NAB Show. The two companies recently signed an agreement establishing a strategic relationship under which Veritone® aiWARETM ― a hybrid on-pr... 
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Apr 17, 2017Quantum's New StorNext 6 Delivers Unparalleled Combination of High Performance and Advanced Data Management
Extends Expertise in Large Data-Intensive Workloads to Broader Range of Enterprises, Building on Integrated, Scale-out Tiered Storage Foundation SAN JOSE, Calif., April 17, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced StorNext 6, a major new release of its award-winning StorNext® file system. StorNext 6 adds new advanced data management features to the industry-leading streaming performance of the company's scale-out tiered storage solutions portfolio, which includes flash... 
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Apr 17, 2017Quantum’s New StorNext 6 Delivers Unparalleled Combination of Best-in-Class 4K Performance and Advanced Data Management
Multi-Site Content Collaboration and Synchronization, Along With Intelligent Archiving, Empower Users to Drive Greater Productivity, Creativity and Insight SAN JOSE, Calif. — April 17, 2017 — Quantum Corp. (NYSE: QTM) today announced StorNext 6, a major new release of its award-winning StorNext® platform, adding new advanced data management features to the industry-leading 4K performance of the company’s workflow storage solutions portfolio. With this unique combination of performance and... 
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Apr 11, 2017Quantum StorNext Honored With SIA New Product Showcase and Govies Awards at ISC West 2017
Industry Awards Highlight Increased Importance of Storage for Video Surveillance SAN JOSE, Calif., April 11, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) and its StorNext® data management software won top honors for the Video Surveillance Data Storage categories in two prestigious awards at the ISC West 2017 Conference in Las Vegas. StorNext was recognized by the Security Industry Association (SIA) as category winner in the New Product Showcase (NPS). In addition, StorNext also recei... 
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Apr 03, 2017Quantum Corporation Announces 1-for-8 Reverse Stock Split
SAN JOSE, Calif., April 3, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that its board of directors has approved a 1-for-8 reverse stock split of its common stock. The company expects the reverse split to become effective following the close of trading on April 18, 2017, and its common stock to begin trading on a split-adjusted basis on April 19, 2017. Quantum's common stock will continue to trade on the New York Stock Exchange under the symbol "QTM" but under new CUSIP nu... 
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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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