[April 15, 2011] TwinStrata Reports Operational and Financial Results for First Quarter of 2011 Tweet Apr 15, 2011 (Close-Up Media via COMTEX) -- TwinStrata, a developer of cloud storage and data protection solutions, announced growth in the first quarter of 2011, reflecting the company's success in delivering enterprise-class storage solutions to a range of vertical market segments. In an April 10 release, TwinStrata reported that operational and financial highlights during the first quarter of 2011 included: - More than 400 percent increase in CloudArray total revenue over the fourth quarter of 2010, including a surge in hardware appliance sales - New customer acquisitions in industry verticals including Energy, Education, Manufacturing, and Financial - Ongoing interoperability enhancements with Mezeo, Scality and PEER1 Hosting cloud storage platforms, demonstrating continued commitment to customer choice - Continued industry recognition, including: "Finalist" status in Storage magazine's and SearchStorage.com's 2010 Products of the Year awards, FundedIDEAS Top 300 Startups, and Network Products Guide HOT Companies 100 Finalist "TwinStrata's traction indicates it has a feature set well suited for companies looking to begin a transition to cloud storage," said Terri McClure, a senior analyst with Enterprise Strategy Group. "Companies of all sizes see the cloud as a viable way to securely, simply, and reliably move data off-site, removing storage pain points while reducing costs. TwinStrata's CloudArray seems to be hitting the mark on all counts." "Our CloudArray appliances operate seamlessly with our Dell SAN infrastructure," said Janessa Huber, general manager of Cayen Systems, the nation's leading provider of online program management software for After School, SES, Public School Choice, and Gear Up programs. "More important, TwinStrata has enabled enterprise-class data protection for both of our locations at a fraction of the cost of a dedicated disaster recovery facility." "The increase in CloudArray sales this quarter is a meaningful data point indicating cloud storage adoption is on the rise," said TwinStrata CEO Nicos Vekiarides. "What's making TwinStrata the ideal customer choice is that we offer a 'zero-friction' entry point. With CloudArray, customers enjoy the benefits of cloud storage immediately while minimizing investment and risk." TwinStrata is a provider of enterprise-class data storage, data protection and disaster recovery/business continuity solutions using cloud storage. With TwinStrata CloudArray, companies of all sizes can economically leverage the scalability and efficiency of cloud storage while maintaining the availability, performance and security of local storage. ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]