<p>Milestone Demonstrates DLTtape Success as Most Trusted and Reliable Mid-Range Tape Media</p>
<p>SYDNEY, Australia, August 25, 2003 – Quantum Corp. (NYSE: DSS), a leading provider of data protection systems, today announced a storage industry milestone – it has shipped 100 million DLTtape™ media cartridges, outpacing the nearest competition in the mid-range tape market by a factor of 10:1. This milestone heralds DLTtape technology as the most trusted solution for tape backup and recovery and affirms Quantum's leadership in the storage industry. The DLTtape product family offers the broadest range of reliable and compatible tape drives and media technology necessary to meet the growing data protection requirements of enterprise customers.</p>
<p>"Tape remains a critical business necessity for customers seeking to protect vital information," said John Freeman, president of Strategic Marketing Decisions. "This tremendous milestone confirms that DLTtape has set the industry standard for tape backup and recovery. IT managers have protected their data on 100 million cartridges, a true testament that DLTtape media cartridges deliver reliable, high performance investment protection and compatibility to meet the storage needs of today and in the future."</p>
<p>Meeting the Highest Standards
All DLTtape media cartridges have passed stringent DLTtape qualification tests to ensure:</p>
<p>- Performance and reliability
- Compatibility and interchangeability
- Long-term durability</p>
<p>"This qualification process is what has made DLTtape the industry standard among IT managers around the globe," said Alex Tan, managing director, Asia Pacific, DLTtape Group. "The DLTtape logo on the tape cartridge indicates DLTtape drive warranty compliance and our ongoing commitment to quality."</p>
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About DLTtape Products
DLTtape™ products offer customers the flexibility to implement a single technology family across their enterprise, from the value-oriented DLT VS80 to the third generation of super drives, the SDLT 600, being delivered to market later this year. Customers can now scale their data protection needs on one platform that offers unparalleled compatibility and investment protection. With an installed base of nearly 2 million DLTtape drives in use and more than 90 million DLTtape media cartridges shipped to date, DLTtape technology is the standard for tape backup and archiving of business-critical data for the mid-range enterprise. The DLTtape logo indicates media compatibility with the installed base. Quantum continues to advance tape technology, and is committed to delivering one terabyte of information on a single tape cartridge by 2007. Like previous generations of DLTtape drives, Super DLTtape products are compatible with all major systems, platforms and ISVs. Find out more about Super DLTtape products and DLTSage at http://www.superdlttape.com/.</p>
<p>With an installed base of nearly two million DLTtape drives in use and 100 million DLTtape media cartridges shipped, DLTtape technology is the standard for tape backup and archiving of business-critical data for the mid-range enterprise.</p>
Quantum Corp. (NYSE:DSS), founded in 1980, is a global leader in data protection, meeting the needs of business customers with enterprise-wide storage solutions and services. Quantum is the world's largest supplier of half-inch cartridge tape drives, and its DLTtape technology is the standard for tape backup and archiving of business-critical data for the mid-range enterprise. Quantum is also a leader in the design, sale and service of autoloaders and automated tape libraries used to manage, store and transfer data. Over the past year, Quantum has been one of the pioneers in the emerging market of disk-based backup, offering a solution that emulates a tape library and is optimised for data protection. Quantum sales for the fiscal year ended March 31, 2003, were approximately $871 million. Quantum Corp., 1650 Technology Drive, San Jose, CA 95110, (408) 944-4000, www.quantum.com.
<p>Quantum and the Quantum logo are trademarks of Quantum Corporation, registered in the United States and other countries. DLT, DLTSage, DLTtape and Super DLTtape are trademarks of Quantum Corporation. All other trademarks are the property of their respective owners.
Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995: This press release contains certain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Specifically, statements regarding: 1) DLTSage establishing a new era and a new threshold for tape storage system reliability with its ability to proactively predict and prevent potential backup failures ; 2) the continued commitment of prominent ISVs to support DLTSage, 3) the expectation that DLTSage’s capabilities will deliver higher customer satisfaction and lower service costs, which can translate into improved sales margins for OEMs; 4) Quantum’s ability to provide customers with reliable data protection solutions that maximize the long-term value of their DLTtape investments; 5) that DLTSage’s ability to simplify the management of tape backup systems will benefit the full spectrum of Quantum’s customers, from small business customers to the largest enterprise library customers; and 6) Quantum’s commitment to delivering one terabyte of information on a single tape cartridge by 2007; are all forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties. As a result, actual results may differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially from those described herein include unforeseen technological limitations, operational difficulties, unexpected material deviation in product operation, the ability of competitors to introduce new products that compete more successfully with our products, the economic environment of the storage and information systems industry and the general economic environment. More detailed information about risk factors and uncertainties relating to Quantum's business generally, including risk factors and uncertainties in addition to those described above, are set forth in Quantum's periodic filings with the Securities and Exchange Commission (the "SEC"), including, but not limited to, those described in the section entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations -- Trends and Uncertainties," pages 44 to 55, in our Annual Report on Form 10-K filed with the SEC on June 30, 2003, those described in the section entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations -- Trends and Uncertainties," pages 59 to 71, in our Quarterly Report on Form 10-Q filed with the SEC on February 12, 2003 and those described in subsequently filed reports. Such reports contain and identify important factors that could cause actual events and results to differ materially from those contained in our projections or forward-looking statement.
Quantum expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.</p>
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Woei Chyi Lim
Marketing Manager, Asia-Pacific
Quantum DLT Group
(65) 6432 2866
General Manager, Asia Pacific Sales & Marketing
Quantum DLT Group
(65) 6432 2852
Local Agency Contact:
(61 2) 9977 8922
Aug 25, 2003</p>