Corporate Profile for Quantum Corporation, dated June 9, 2000.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: June 9, 2000
Company Name: Quantum Corporation
Address: 500 McCarthy Blvd.
Milpitas, CA 95035
Main Telephone
Number: 408-894-4000
Internet Home
Page Address
(URL) www.quantum.com
Chief Executive
Officer: Michael Brown
Chief Financial
Officer: Ricard Clemmer
Investor Relations
Contact: Renee Budig
Business number: 408-894-5563
E-mail address: renee.budig@quantum.com
Public Relations
Contact: Lindsey Mitobe
Business number: 408-324-7416
E-mail address: lindsey.mitobe@quantum.com
Industry: computer peripherals
Trading Symbol/
Exchange: NYSE: DSS, HDD
Company Description: Founded in 1980, Quantum Corporation (www.quantum.com) is the world's leading storage supplier in six of the seven markets it serves: desktop hard disk drives, tape drives, network attached storage (NAS (1) See network access server. (2) (Network Attached Storage) A specialized file server that connects to the network. A NAS device contains a slimmed-down operating system and a file system and processes only I/O requests by supporting the popular ) appliances, solid state systems, hard disk drives for the emerging personal video recorder See DVR. (PVR See DVR. ) market, and DLTtape(TM) automation systems. Quantum is also a leading supplier of high-end hard disk drives. In 1999 Quantum became the first Silicon Valley company to issue tracking stock, replacing its existing common stock with the ticker symbols DSS (1) (Digital Signature Standard) A National Security Administration standard for authenticating an electronic message. See RSA and digital signature. (2) (Digital Satellite S and HDD (Hard Disk Drive) See hard disk and HDD caddy. HDD - hard disk drive , which track the separate performance of the company's DLT (Digital Linear Tape) A magnetic tape technology originally developed by Digital for its VAX line. The technology was later sold to Quantum, which makes it available to other manufacturers. DLT uses half-inch, single-hub cartridges similar to IBM's 3480/3490/3590 line. and Storage Systems and Hard Disk Drive businesses. Both stocks are traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . Selling its products through OEM and distribution channels worldwide, sales for the fiscal year ending March 2000 were $1.4 billion for Quantum's DLT and Storage Systems Group and $3.3 billion for Quantum's Hard Disk Drive Group. |
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