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Symform Announces $10 Monthly, $100 Annually for Unlimited Cloud Storage - Lowest Cloud Storage Price in the Industry
[August 24, 2011]

Symform Announces $10 Monthly, $100 Annually for Unlimited Cloud Storage - Lowest Cloud Storage Price in the Industry


SEATTLE --(Business Wire)--

Symform, the world's safest and most cost-effective provider of cloud storage, today announced a new pricing plan offering unlimited cloud storage for $100 a year or $10 a month. This lower pricing saves customers over 1,000 percent on their first terabyte of data stored and tens of thousands of dollars when storing multiple terabytes of data, making Symform the best value in the cloud storage industry.

Traditional cloud storage vendors use complicated and costly pricing models that charge by the amount of storage needed (per gigabytes/terabytes) and may include other costs such as bandwidth, fees to seed and recover your data, and the number of devices being protected. In contrast, Symform protects unlimited data for a low, flat fee. This model aligns with customers' data protection needs and budgets and makes Symform the least expensive cloud storage per terabyte on the market.



     
    ANNUAL COST OF TERABYTES STORED
VENDOR   1   3   5   10
Symform  

$100

Carbonite Pro   $1,044   $2,824   $4,604   $9,054
DropBox   $2,095   $6,095   $10,095   $20,095
MozyPro   $6,047   $18,047   $30,047   $60,047
Nirvanix (News - Alert)   $6,180   $18,540   $30,900   $61,800

*Symform does not charge per GB usage fees, therefore the Symform estimate is based on our lowest yearly pricing of $100 for 3 users and unlimited data. Estimates are based on pricing published by the vendors or third parties as of August 17, 2011.

"Cloud storage is an ideal way for businesses to backup their data for disaster recovery, anywhere access, and sharing," said Symform Chief Executive Officer Matthew Schiltz. "The problem is that it is just too expensive, forcing companies to leave a lot of data unprotected. Symform solves this problem by offering unlimited cloud storage starting at only $10 a month or $100 year."

Symform's Pricing Model

    Storage   Monthly   Yearly
Free Account   100 GB   $0   $0
3 Users   Unlimited   $10   $100
Each Additional User   Unlimited   $3   $30
Each Server   Unlimited   $50   $500

*Pricing includes unlimited devices for each user and is not limited to one desktop or laptop.

Other cloud storage providers use a centralized data center approach, which is costly due to additional overhead costs for disk space, increased bandwidth, and the electricity needed to house and cool servers. In addition, centralized data centers are more susceptible to vulnerability at a single point of failure. The Symform Storage Cloud is the industry's first decentralized cloud storage solution and uses RAID-96 to geographically distribute, encrypt, and shred its data, making it more secure. This approach allows Symform to deliver data protection and unlimited secure cloud storage at a low flat fee that is a fraction of competitive offerings.

"The data centers used by traditional cloud storage providers are costly and inefficient," said Schiltz. "Symform's decentralized storage encrypts, shreds and redundantly geo-spreads data, eliminating data center costs, improving speed, and making the data more secure. That's why the best price also has the best security, speed, and reliability."

Schiltz added, "In fact Symform's platform is so powerful that we are the only provider to offer 100Gb of cloud storage free. It is a terrific value."

Additional information on Symform's pricing is available at www.symform.com/pricing.aspx

Coupled with the new low pricing, Symform unveiled a new program for authorized reseller partners with Silver, Gold, and Platinum levels. In addition to industry-leading margins, Symform Partners receive one-on-one technical support, tools for customer management, co-branded email reports to customers, unique value-added services and lead generation. Learn more about Symform's partner program at http://www.symform.com/partner-program.aspx

About Symform

Symform, a privately held company based in Seattle, has reinvented cloud storage. The patented Symform Storage Cloud protects your data in a way that is faster, cheaper, more secure and reliable than anything traditional cloud storage providers can offer.

Symform, Symform Storage Cloud, the Resilient Storage Architecture, and RAID-96 are trademarks of Symform, Inc. References to other companies and their products acknowledge the trademarks owned by their respective companies and are for reference purposes only.


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