Tuesday, November 18, 2008

Storwize Moves Corporate Headquarters in Response to Rapid Adoption of its Cost-Saving Capacity Optimization Solutions

Los Gatos, Calif., November 18, 2008 – Storwize Inc., the leading provider of real-time capacity optimization solutions, today announced that it has relocated its corporate headquarters to a larger facility in Los Gatos, California. The move supports the company’s rapid growth and continued investment in sales, marketing, and support. Storwize solutions help organizations dramatically reduce costs by providing up to 15-times more capacity from their existing storage infrastructure, creating cost and operational benefits throughout the data lifecycle.

“Even with IT budgets down almost 30% over the past two years, organizations still have to support continued data growth without increasing cost, and they’re turning to capacity optimization as a solution,” said Peter Smails, Vice President of Worldwide Marketing at Storwize. “The phenomenal success we’ve experienced based upon corporations’ aggressive cost-saving measures necessitated our move to a larger facility to support our rapid growth. We felt that there was no better time to make the move to our new Los Gatos offices as we prepare to launch our recently announced enhanced STN-6000p series.”

The Storwize STN-6000p product family is an enterprise-class universal storage capacity optimization platform that helps companies manage data and storage infrastructure sprawl without compromising performance, all while delivering unprecedented cost savings, operational efficiencies and ROI throughout the data lifecycle. Designed specifically to address the unique requirements of primary storage, the latest version of the company’s flagship solution features 15:1 primary storage data reduction, sustained throughput of more than 600 MB/sec from a single Storwize node and new AutoSynch features for enhanced high-availability management in mission-critical environments. Leveraging industry standard compression algorithms, the solution provides high average data reduction across all data types making it well suited for industries including financial services, oil and gas, manufacturing, entertainment, life sciences, and Web 2.0.

About Storwize
Storwize is the market leader in primary storage optimization. Storwize’s unique real-time optimization solutions are deployed globally helping organizations reduce their primary data footprint up to fifteen-fold and optimize their storage infrastructure throughout the data lifecycle. Based in San Jose, Calif., Storwize is privately-held and backed by leading investors Sequoia Capital and Bessemer Venture Partners. For more information, visit www.storwize.com.

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