Contact Information: For More Information: Michael Emerton (on behalf of Solid Access Technologies) BridgeView Marketing (603) 766-3688 mike@bridgeviewmarketing.com
Samsung Securities Selects Solid Access Technologies' USSD 200 Devices
Single USSD 200 Delivers Performance Equivalent to 300 Hard Disk Drives -- Boosting Financial Data Throughput and Delivery
| Source: Solid Access
NEWBURYPORT, MA--(Marketwire - September 17, 2008) - Solid Access Technologies, a leading
provider of I/O acceleration appliances, today announced the sale of its
Universal Solid State Disk storage device to SAMSUNG Securities Co., Ltd, a
full-service investment bank with a focus on wealth management and
investment banking. Solid Access earned SAMSUNG Securities' business after
an exhaustive six-month evaluation in competition with other DRAM-based
solid state disk vendors and an incumbent Tier 1 RAID supplier.
Additionally, Solid Access will be exhibiting the USSD 200 at 2008 High
Performance on Wall Street, Monday, September 22nd, Booth 225.
For use within SAMSUNG Securities' market data processing activities, 28
USSD 200 devices are being integrated with 28 IBM POWER6™ 570 servers
running the IBM AIX® operating system. With a 10 microsecond, almost
RAM-speed access time, Solid Access provides superior IOPS and data
bandwidth performance to tackle the demanding tasks of this critical
business function, which requires low latency and high reliability.
Meeting these benchmarks plus a track record of zero field failures after
two years of 24x7 customer production usage, the USSD 200 met all the
requirements of SAMSUNG Securities.
"This sale by Solid Access Technologies of a DRAM SSD solution into the
financial space is testimony to the imminent, and significant market
presence that SSD is going to have within users and applications that
demand the highest performing possible storage systems," said Mark Peters,
an analyst at Enterprise Strategy Group. "This presence will not be
measured in terms of capacity, which is how we've traditionally measured
storage devices, but will be in terms of raw throughput, delivering truly
impressive I/O per $$ and per KW."
The USSD 200 employs the ultra-fast SSD category's first open architecture
design, using only proven industry-standard components in the product's
assembly -- allowing Solid Access to rapidly adopt new features and
industry advancements. Utilizing DRAM modules as its permanent storage
medium and with no moving parts in the data path, a single Solid Access 2U
rack mount device requires virtually zero maintenance, far less rack space
and only a fraction of typical power and cooling requirements -- while
delivering the performance of approximately 300 HDDs at a significantly
lower cost.
Solid Access partner, NEOframe Inc., Seoul, Korea, was the main driver
behind this successful SSD adoption. President Sung Kim stated,
"NEOframe's knowledge of SAMSUNG Securities' storage requirements led us to
believe Solid Access would be a superior solution, which under strenuous
testing proved to be true."
The DRAM Solid State Disk category continues to grow as organizations
realize the increased performance and TCO savings that can be attained by
integrating DRAM SSD with traditional magnetic storage media. "We believe
the SAMSUNG Securities - Solid Access transaction may be the single largest
private sector adoption of this technology category yet," stated Tomas
Havrda, Solid Access Managing Partner.
About SAMSUNG Securities
Samsung Securities is at the forefront of Korea's financial market,
offering a full spectrum of services and products including brokerage,
underwriting and advisory services; merger and acquisition; sales of
beneficiary certificates, mutual funds, and other investment products;
issuance and sales of derivative products; and sales of OTC derivatives
products. The firm has an extensive business network with 118 local
branches and overseas offices in London, New York, and Hong Kong, and a
representative office in Shanghai. Its vast infrastructure, combined with
high-caliber human resources, provide a solid framework for delivery of
quality financial services geared toward the needs of individual and
institutional clients.
About Solid Access
Based in Newburyport, Mass., privately held Solid Access Technologies was
incorporated in 2002, with a mission to lead the ultra-fast SSD category by
adhering to a philosophy of reliance on industry standards in both sharable
technology and the use of widely available components. Solid Access is
differentiated from the other Solid State Disk technology, Flash SSD, by
its ability to seamlessly perform I/O operations on any type of data
without performance compromises or product limited life expectancy
concerns.
www.solidaccess.com