Storability Marks One-Year Anniversary Of Storage Assurance with Series of Key Milestones.Business/Technology Editors SOUTHBOROUGH, Mass.--(BUSINESS WIRE)--May 31, 2001 Innovative Approach to Enterprise Storage Management Moves Firm From Start-Up to Market Leader, Others Follow in Footsteps Storability, Inc., the world's leading provider of Automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. Storage Assurance(SM) Services, today celebrated the first anniversary of its introduction of Storage Assurance Services Assurance services have been defined by the American Institute of Certified Public Accountants (AICPA) as 'Independent Professional Services that improve information quality or its context'. , citing significant accomplishments and industry recognition earned along the way. Staking out an entirely new business category in the dynamic storage field, a team of storage and IT service industry veterans formed Storability in early 2000. As the world's first Automated Storage Assurance Provider, Storability was able to successfully create, implement and manage customer-dedicated storage solutions for enterprise customers via its leading AssurENT(SM) Architecture. Storability's unique approach of remotely managing local data was a significant breakthrough in the storage industry, offering customers a dramatically superior solution to today's storage challenges. The competition has been slow to react to Storability's model, and has been playing catch up ever since. "Storability is in the business of automating storage management for enterprise companies, which is a big differentiator from other storage service providers. Its AssurENT Architecture automates storage processes and functions, freeing up operation center engineers to concentrate on value-added customer tasks," said Harry E. Blount, senior vice president, Internet Infrastructure Services, Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. Inc. "Storability's focus on automation management and operations tools instead of data centers, networks and physical infrastructure means its capital expenditures are a fraction of traditional SSPs." Storability's managed solutions leverage new storage technologies to address customer concerns for scalability, security, control, flexibility, and return on investment. Storability's offerings, and the breadth of expertise within the company, have been well received by the investor community, industry analysts, business partners and trade press. Some highlights over the last year: --Creation of Storage Assurance(SM) category in managed storage services market, which -- for the first time -- allowed secure, scalable remote management of local data. --Introduction of the AssurENT(SM) Architecture, which leverages best-in-class technologies for efficient storage automation. --Signing of 50 customer contracts with Fortune 2000 firms in a five-month period. --Winner of Network Computing's prestigious "Editor's Choice Award" for managed storage services. --Named as first storage services company authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: to deliver support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services under VERITAS Software's elite Partner Support Program (PSP (PlayStation Portable) See PlayStation. ) --Introduction of AssurENABLE(SM) program, which allows telcos and service providers to quickly implement storage services to offer their customers. --Development of Total Value of Storage (TVO TVO tractor vaporizing oil. ) model, which determines the true cost of storage at an enterprise company. "I'm extremely proud of what we've accomplished over the last year, from a technical, business and personal standpoint," said Matthew Westover, Storability CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Thanks to the hard work and commitment of our team, we've been able to establish the leadership position in the managed storage services marketplace in a very short timeframe. It's important to take a step back and acknowledge our successes to date. It's extremely gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to see other storage services companies emulating our model. We consider imitation imitation, in music, a device of counterpoint wherein a phrase or motive is employed successively in more than one voice. The imitation may be exact, the same intervals being repeated at the same or different pitches, or it may be free, in which case numerous types the highest form of flattery Flattery Adams, Jack toady to his employer. [Br. Lit.: Dombey and Son] Amaziah fawningly complains of Amos to King Jeroboam. [O.T.: Amos 7:10] bolton one who flatters by pretending humility. [Br. Hist. ." About Storability, Inc. Storability is the world's leading provider of Automated Storage Assurance Services. Storability offers customizable and cost-effective storage solutions that can be delivered on-site, off-site, or a combination of both. Our customers benefit from higher application availability, greater return on investment, and optimized IT productivity, without compromising security or control. For more information, please visit www.storability.com, email info@storability.com, or call 508-229-1700. |
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