Permabit Named Finalist in Innovative IT Company of the Year and Best Storage Solution Categories for Network Products Guide Annual Awards

Permabit recognized for innovation in products and services in two categories for creation and enhancement of data efficient technology

CAMBRIDGE, Mass – April 23, 2012 – Permabit Technology Corporation, a recognized leader in data efficiency technology, today announced that Network Products Guide, the industry’s leading technology research and advisory guide, has named the company a finalist in the 7th Annual 2012 Hot Companies and Best Products Awards for Innovative IT Company of the Year and Best Storage Solution for Albireo Virtual Data Optimization Software.  These industry and peer awards from Network Products Guide are the world’s premier information technology awards honoring achievements and recognitions in every facet of the IT industry. Winners will be honored in Las Vegas on Tuesday, May 8, 2012 during the 7th annual dinner and presentations.

Permabit introduced its flagship product, Albireo High Performance Data Optimization Software, in June of 2010 as the industry’s first OEM embedded primary data optimization software. Albireo is a portable software library that massively improves performance and efficiency of data creation, transmission and storage.

In August, Enterprise Strategy Group’s (ESG) Lab validated record breaking performance rates and scalability for Albireo, reaching industry leading performance of over 400 GB/sec and scaling to over 20 PB. Recognizing the need for open source Linux storage OEMs such as value oriented NAS providers and enterprise flash/SSD providers, Permabit launched Albireo Virtual Data Optimizer (VDO) in March. This allows Linux OEMs the ability to rapidly incorporate powerful data optimization technology and deliver competitive cost efficient storage solutions. The innovation behind Albireo VDO secured its spot as finalist in the NPG awards. In September, Permabit expanded the Albireo SDK API enabling “Dedupe Everywhere.” This latest evolution of Albireo enables data to be deduped across the enterprise IT stack, throughout all storage tiers, and across networks, in Solid State Devices, SOHO/SMB storage and Cloud deployments which results in a increased efficiency and ROI for OEM partners and their customers.

“Innovation is the driving force behind Permabit.  Albireo deduplication might be the highest impact technology in IT today – driving down IT costs and driving up storage performance by 10, 20 and even 30x” says Tom Cook, CEO and President of Permabit. “Being recognized by leading and respected OEM partners and influences, such as Network Products Guide, highlights Permabit’s commitment to creating value for our customers through innovation.”


About Permabit

Permabit is a recognized leader in data efficiency technology, enabling OEMs to leverage their R&D investment, increase margin, accelerate time to market and achieve competitive advantage. Permabit Albireo software massively improves performance and efficiency of data creation, transmission and storage. Solutions built with Albireo are being delivered by leading hardware, software and service providers. Our partners include Hitachi Data Systems (HDS), LSI, and StoneFly. Permabit was founded in 2000 by a technical and business team from Massachusetts Institute of Technology. For more information, visit: www.permabit.com.


About Network Products Guide Awards

As industry’s leading technology research and advisory publication, Network Products Guide plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. You will discover a wealth of information and tools in this guide including the best products and services, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit www.networkproductsguide.com


© 2012 Permabit Technology Corporation. All Rights Reserved. Permabit is a registered trademark and the Permabit logo, Albireo logo, Permabit Enterprise Archive, and Scalable Data Reduction are trademarks of the Permabit Technology Corporation. All other products or services mentioned may be covered by registered trademarks, trademarks, service marks, or product names as designated by the companies who market those products.