Qualstar Corporation (NASDAQ: QBAK), a leading provider of data storage systems, has developed a prototype enterprise class library solution with Sony Imaging Products & Solutions Inc. ("Sony"), which will be displayed at Sony's booth (#795) during the upcoming SC19 conference and exhibition in Denver.
The highly scalable enterprise class library solution leverages Qualstar's expertise and experience in designing efficient robotic-based storage systems. Utilizing Sony's Optical Disc Archive Generation 3 technology, a single library will scale from 4.7 PB up to 50 PB.* It can scale out to multi-library cluster configurations capable of managing hundreds of petabytes of archive data.
"Today's supercomputing environments need high capacity, scalable data storage solutions to archive data for a longer period of time," said Arun Vaishampayan, Qualstar's Vice President of Global Sales. "Sony's Optical Disc Archive Generation 3 storage platform fulfills the needed requirements of this market."
"We are delighted with the progress of this project," said Steven N. Bronson, CEO of Qualstar. "We believe the jointly developed product will serve the needs of our valued customers and open new markets for optical devices."
*Recording capacity depends on the usage environment. Actual recordable capacity may be less than indicated on the cartridge.
About Qualstar Corporation
Qualstar, founded in 1984, is a diversified electronics manufacturer specializing in data storage. Our data storage products are used to provide highly scalable and reliable solutions to store and retrieve very large quantities of electronic data. Qualstar's products are known throughout the world for their high quality and Simply Reliabletm designs that provide years of trouble-free service. Through a wholly owned subsidiary, Qualstar also provides high efficiency and high density power supplies under the N2Powertm brand. Our N2Power power supply products provide compact and efficient power conversion for a wide variety of industries and applications including but not limited to telecom, networking, broadcast, industrial, lighting, gaming, and test equipment. More information is available at Qualstar.com or n2power.com or by phone at 805-583-7744. Connect with Qualstar on LinkedIn or Twitter.
Cautionary Statement Concerning Forward-Looking Statements
Statements used in this press release that relate to future plans, events, financial results, prospects or performance are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995 and include statements about the design and development of the specifications and architecture for an enterprise class optical disc archive library. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. These forward-looking statements are based upon the current expectations and beliefs of Qualstar's management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. For further information on these risks and uncertainties, please refer to the risk factors discussed in Qualstar's filings with the U.S. Securities and Exchange Commission including, but not limited to, Qualstar's Annual Report on Form 10-K for the fiscal year ended December 31, 2018, the "Management's Discussion and Analysis of Financial Condition and Results of Operations" section of such Form 10-K, and any subsequently filed reports. All of Qualstar's filings are available without charge through the SEC's website (sec.gov) or from Qualstar's website (qualstar.com).The information contained in this press release is as of the date of this press release. Notwithstanding changes that may occur with respect to matters relating to any forward-looking statements, Qualstar does not expect to, and disclaims any obligation to, publicly update any forward-looking statements whether as a result of new information, future events or otherwise. Qualstar, however, reserves the right to update such statements or any portion thereof at any time for any reason.
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