Permabit Receives Network Products Guide 2010 Product Innovation Award

Permabit Enterprise Archive Data Center Series Model 4010 Selected a Winner in Storage


CAMBRIDGE, MA--(Marketwire - March 2, 2010) -  Permabit Technology Corporation, the leading innovator of value tiered storage solutions for the enterprise, announced today that Network Products Guide, the industry's leading information technology research and advisory guide, has named Enterprise Archive Data Center Series Model 4010 a winner of the 2010 Product Innovation Awards. This annually venerated award recognizes and honors vendors, large and small, from all over the world with innovative and ground-breaking products that are bringing essential and incremental changes and are setting the bar higher for others in all areas of information technology.

Permabit Enterprise Archive™ is the industry's most cost-effective, enterprise class, NAS storage system capable of archiving petabytes of information. Companies with large pools of static content enjoy reduced primary storage costs by migrating data to Enterprise Archive and relax knowing that Enterprise Archive keeps data secure long term. Permabit Enterprise Archive applies patented data deduplication technology that performs inline and is scalable across the entire storage subsystem. By optimizing the total storage environment, Permabit delivers a storage solution that meets critical IT objectives for secure, long-term data retention at an affordable cost. To read more about this product innovation, please visit www.networkproductsguide.com/innovations/

"Innovation is not just about new products alone," says Rake Narang, editor-in-chief at Network Products Guide. "To succeed companies need to see innovation not as a one-time errand but as something that has to be continuously evolved and improved upon over and over again. This requires putting greater focus on customer needs and making innovation the center of company's way of developing better solutions. Innovative products such as Permabit's Enterprise Archive Data Center Series Model 4010 are bringing improvements in technical abilities and ease of use."

"The continued recognition of our Enterprise Archive Data Center Series by leading and respected influences, such as Network Products Guide, highlights Permabit's commitment to providing our customers with leading technology at a comfortable price point," says Tom Cook, CEO and President of Permabit. "Innovation has always been the driving force behind Permabit and will continue to drive us to provide better and more cost effective technology solutions."

About Network Products Guide Awards
As industry's leading technology research and advisory guide, Network Products Guide from Silicon Valley plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. You will discover a wealth of information and tools in this guide including the best products and services, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit www.networkproductsguide.com

About Permabit
Permabit delivers the industry's most advanced enterprise Value Tier storage solution. With patented data reduction and protection technology, Permabit Enterprise Archive™ and Permabit Cloud Storage provide massively scalable disk-based storage at the lowest effective cost available. Permabit enables decades of secure, reliable, online information access with a rapid return on investment. Permabit was founded in 2000 by a technical and business team from Massachusetts Institute of Technology. For more information, visit: www.permabit.com.

Contact Information:

Contacts:
Permabit
Mike Ivanov
Permabit
+1 617-995-9311
mivanov@permabit.com

North America
Bethany LoMonaco
Lois Paul & Partners (for Permabit)
+1 781-782-5836
permabit@lpp.com