CommVault Broadens OEM Agreement With Hitachi Data Systems to Provide Customers With Remote Office Replication
Agreement Strengthens CommVault's Position in Near-Continuous Data Protection Market
OCEANPORT, N.J. and SANTA CLARA, Calif., March 7, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- CommVault(R) (Nasdaq: CVLT), a leading provider of Unified Data Management(R) solutions, today announced that it has extended its existing OEM agreement with Hitachi Data Systems Corporation, a wholly-owned subsidiary of Hitachi, Ltd. (NYSE: HIT), to include CommVault Continuous Data Replicator. Under the agreement, Hitachi Data Systems, which already co-brands CommVault's suite of data management solutions under the banner "Hitachi Data Protection Suite, Powered By CommVault(R)", will begin selling Hitachi Continuous Data Replicator across all of Hitachi Data Systems' worldwide market segments to help customers address their remote office data protection needs.
"Furthering the long-standing and profitable relationship between our two companies, this agreement builds on the mutual strengths of our product portfolios," said David West, CommVault's vice president business development and marketing. "Today's announcement signifies a strategic expansion of CommVault's addressable worldwide market, solidifying our efforts to expand beyond backup to bring near-continuous data protection (near-CDP) capabilities to customers with remote office data protection needs."
The agreement complements Hitachi's line of midrange storage systems and enterprise storage platforms with a near-CDP software offering targeted at smaller remote offices, where the need to optimize storage and bandwidth while lowering operational costs is paramount. According to Enterprise Strategy Group research, 89 percent of remote and branch office (ROBO) locations backup to on-site storage resources. As interest in remote backup grows, Enterprise Strategy Group found that 40 percent of organizations that do not currently use any remote backup technologies say they expect to deploy such technologies, with 19 percent expecting to deploy in the next 24 months.
"Unprotected or inadequately protected assets at ROBOs expose companies to data loss and compliance risk, and leave organizations vulnerable to loss of productivity and revenue," said Lauren Whitehouse, analyst at Enterprise Strategy Group. "Hitachi Continuous Data Replicator streamlines backup consolidation, thereby increasing operational efficiencies at ROBOs and centralizing data protection."
"For many companies, protecting remote office data can be a challenge that is both costly and cumbersome," said Jack Domme, executive vice president, Global Solutions Strategy and Development, Hitachi Data Systems. "Extending our partnership with CommVault to offer complementary best-in-class remote office data protection capabilities as part of the Hitachi Data Protection Suite, builds on our commitment to help customers centralize the management of remote office data and provide cost-effective disaster recovery."
Hitachi Continuous Data Replicator copies file changes of all remote data to a central location where customers may then use Hitachi Backup and Recovery software to back up the replicated data rather than the data on the source server. As IT managers look to adopt storage technologies that provide cost-effective protection of their company's mission-critical information regardless of where it resides, the seamless integration between Hitachi Continuous Data Replicator and Hitachi Backup and Recovery allows customers to achieve new levels of near real-time local and remote data recovery.
About Hitachi Data Systems
Hitachi Data Systems leverages global R&D resources to develop storage solutions built on industry-leading technology with the performance, availability and scalability to maximize customers' ROI and minimize their risk. By focusing on the customer's perspective as we apply the best hardware, software, and services from Hitachi and our partners, we uniquely satisfy our customers' business needs. With approximately 3,200 employees, Hitachi Data Systems conducts business through direct and indirect channels in the public, government and private sectors in over 170 countries and regions. Its customers include more than 50 percent of Fortune 100 companies. For more information, please visit our Web site at http://www.hds.com.
About Hitachi, Ltd.
Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 356,000 employees worldwide. Fiscal 2005 (ended March 31, 2006) consolidated sales totaled 9,464 billion yen ($80.9 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.
About CommVault
CommVault(R) provides Unified Data Management(R) solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. The CommVault(R) QiNetix(TM) platform, based on CommVault's Common Technology Engine(TM), integrates Galaxy(R) backup and recovery, snapshot management and recovery, remote replication, active data migration and archiving, e-mail compliance, enterprise service level management and reporting and storage resource management software solutions. The QiNetix unified approach is designed to allow customers to add/integrate QiNetix components, at a fraction of the time, effort and money required by separate point products.
Information about CommVault is available at http://www.commvault.com. CommVault's corporate headquarters is located in Oceanport, New Jersey in the United States. (cvlt-pt)
Safe Harbor Statement
This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding CommVault's beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. CommVault does not undertake to update its forward-looking statements.
CommVault Systems, Inc. CommVault Systems, CommVault Galaxy, CommVault QiNetix, Unified Data Management, DataMigrator, DataArchiver, QNet, CommServe StorageManager, Common Technology Engine, MediaAgent, iDataAgent, CommCell and the CommVault logo are trademarks and may be registered trademarks in some jurisdictions of CommVault Systems, Inc. Product and company names herein may be trademarks of their respective owners. Hitachi Data Systems Corporation. Hitachi Data Systems is registered with the U.S. Patent and Trademark Office as a trademark and service mark of Hitachi, Ltd. All other trade names, trademarks, and service marks used herein are the rightful property of their respective owners.
SOURCE CommVault
media, Dani Kenison, +1-732-728-5730, pr@commvault.com, or investor relations, Michael Picariello, +1-732-728-5380, ir@commvault.com, both of CommVault
http://www.commvault.com