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Quantum Names Geoff Stedman as Senior Vice President, StorNext Solutions

New Company Role Designed to Expand StorNext Leadership in End-to-End Workflows and Accelerate Scale-out Storage Growth

SAN JOSE, CA -- (Marketwired) -- 03/11/14 -- Quantum Corp. (NYSE: QTM) today announced that Geoff Stedman has joined the company in a newly created position of senior vice president, StorNext Solutions. Stedman has a broad range of storage experience and has held a number of executive roles leading go-to-market strategy and execution, most recently as head of marketing at Tintri. His appointment follows the recent introduction of StorNext 5, a re-architected, high-performance scale-out storage and archive platform optimized for customers' changing workflow needs that also leverages the vast StorNext® ecosystem developed over more than a decade. Capitalizing on StorNext 5's unique benefits, Stedman will focus on expanding Quantum's leadership across current and new vertical markets.

"With StorNext 5, we have the opportunity to help a larger set of customers re-monetize or otherwise re-purpose their massive volumes of content, and I'm excited about Geoff coming on board to drive this effort," said Jon Gacek, president and CEO of Quantum. "He'll be working closely with Alex Grossman to accelerate our scale-out storage growth, building on the StorNext leadership position we've established in Media & Entertainment and Intelligence -- as well as the tight integration with our Lattus™ Object Storage systems -- to go both deeper and wider in the use cases we address."

Stedman joined Tintri in 2012, where he played a key role in helping the company achieve record revenue growth, including the recently announced 115 percent year-over-year increase in sales for 2013. Prior to Tintri, Stedman spent two years as senior vice president of marketing and general manager, Storage Business Unit at Harmonic, which he joined in conjunction with the company's acquisition of Omneon. In addition to leading corporate marketing activities at Harmonic, Stedman oversaw product and market development for the Omneon MediaGrid storage product line. Before the acquisition, he served as Omneon's senior vice president of worldwide marketing for seven years. Earlier in his career, Stedman held marketing positions at SonicWALL, Aladdin Knowledge Systems, Preview Systems and Silicon Graphics.

"Quantum has long been the 'go-to' choice for high-performance file sharing and archiving, and StorNext 5 has taken the solution to a whole new level," said Stedman. "I look forward to working with the rest of the StorNext team to help both current and future customers take advantage of the unmatched benefits it offers for end-to-end management and protection of their data and content workflows."

Additional Resources

About Quantum
Quantum is a leading expert in scale-out storage, archive and data protection, providing solutions for sharing, preserving and accessing digital assets over the entire data lifecycle. From small businesses to major enterprises, more than 100,000 customers have trusted Quantum to address their most demanding data workflow challenges. With Quantum, customers can Be Certain™ they have the end-to-end storage foundation to maximize the value of their data by making it accessible whenever and wherever needed, retaining it indefinitely and reducing total cost and complexity. See how at www.quantum.com/customerstories.

Quantum, the Quantum logo, Be Certain, StorNext and Lattus are either registered trademarks or trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.

"Safe Harbor" Statement: This press release contains "forward-looking" statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Specifically, but without limitation, statements relating to 1) benefits to Quantum from Geoff Stedman's joining Quantum, including Quantum's future growth in and leadership across current and new vertical markets, 2) benefits to customers from using Quantum's StorNext solutions and 3) customer demand for and Quantum's future revenue from such solutions are forward-looking statements within the meaning of the Safe Harbor. All forward-looking statements in this press release are based on information available to Quantum on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause Quantum's actual results to differ materially from those implied by the forward-looking statements. These risks include operational difficulties, unforeseen technical limitations, unexpected changes in market conditions and unanticipated changes in customers' needs or requirements, as well as the risks set forth in Quantum's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Risk Factors," in Quantum's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on February 7, 2014 and in Quantum's Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 7, 2013. Quantum expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
Brad Cohen
Public Relations
Quantum Corp.
(408) 944-4044
[email protected]

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