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New Offering to Archive Data to the Windows Azure Cloud Platform, Reducing the Cost of Storing and Managing Data on Expensive Primary Storage
CommVault (NASDAQ: CVLT) OCEANPORT, NJ — April 23, 2012
CommVault today announced an expanded collaboration with Microsoft Corp. to offer a cloud storage capability that combines the power of Simpana® software with the benefits and flexibility of storing data on the Windows Azure cloud platform. As data is expected to double every two years, organizations are grappling with flat budgets and costly primary storage that may contain up to 70 percent of infrequently accessed, stale data1, said Sheila Childs, Research VP, Storage Technologies and Strategies, Gartner. The new offering provides enterprise organizations a simple, cost-effective solution to archive, index, search and access massive amounts of data for long-term retention and compliance. This combined data management solution for Windows Azure offers up to 62 TBs of cloud storage capacity and the data and information management capabilities of Simpana 9 Express for a starting price of approximately $50,000.
CommVault also announced that it has deepened its strategic alliance with Microsoft, expanding collaborative development and sales and marketing activities around the Windows Azure platform. This latest expansion of the long-standing collaboration will enable CommVault's customers to benefit from the economies and flexibility of cloud computing on Windows Azure, including compute and storage on-demand.
A Singular Solution for Managing Big Data in the Cloud
N. Robert Hammer, Chairman, President and CEO, CommVault
A singular vision a belief in a better way to address current and future data management needs guides CommVault in the development of Singular Information Management® solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault's exclusive single-platform architecture gives companies unprecedented control over data growth, costs and risk. CommVault's Simpana® software suite of products was designed to work together seamlessly from the ground up, sharing a single code and common function set, to deliver superlative Data Protection, Archive, Replication, Search and Resource Management capabilities. More companies every day join those who have discovered the unparalleled efficiency, performance, reliability, and control only CommVault can offer. Information about CommVault is available at www.commvault.com. CommVault's corporate headquarters is located in Oceanport, New Jersey in the United States.
Safe Harbor Statement
Customers' results may differ materially from those stated herein; CommVault does not guarantee that all customers can achieve benefits similar to those stated above. This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding CommVault's beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. CommVault does not undertake to update its forward-looking statements.
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1"Top 10 Strategies for Surviving Unconstrained Data Growth," SYM21_975, Gartner Symposium, October 2011.