Nimbus Achieves Profitability, Announces Record 2010 Revenue and Customer Adoption

SAN FRANCISCO, Feb. 8, 2011 /PRNewswire/ -- Nimbus Data Systems today announced that it achieved profitability in its fiscal year ending December 31, 2010, capping a year of record-setting revenue, customer adoption, and notable awards for its Sustainable Storage™ platform and intelligent flash memory systems.

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"Today's announcement of achieving profitability marks Nimbus' maturity from an innovative startup to an established storage player intent on achieving rapid market expansion, unmatched innovation, and leadership in the emerging sustainable storage and flash memory storage market," stated Thomas Isakovich, CEO and founder of Nimbus. "Our commitment to customer satisfaction and responsible growth reflects in this important company milestone."

Nimbus also achieved record customer adoption, particularly in Q4 2010, the first full quarter of shipments for its S-class Sustainable Storage platform and HALO storage operating system. New Nimbus customers include Web 2.0 companies accelerating their Oracle and SQL database clusters with terabytes of network-attached flash, government agencies building high-performance analytics engines on top of Nimbus systems, and rich media organizations accelerating content production and distribution with faster, more efficient network storage.

In addition to unveiling the S-class, the most intelligent, scalable and versatile flash memory system, Nimbus also received prominent recognition for its innovation three times:

• Winner of the Best Midrange Storage System of 2010, Tech Awards Circle
• Finalist for Storage Product of the Year, Storage Magazine / SearchStorage.com
• Most Promising Storage Startups to Watch in 2011, StorageNewsletter.com

"We have been predicting that solid state storage will be the dominant storage type in the data center within the next five years," said George Crump, Lead Analyst at Storage Switzerland. "Solutions like those from Nimbus that offer a pure solid state solution on a highly reliable platform with complete storage services are a critical part of this transition. Nimbus' achievement of profitability in the same year that it launched its sustainable storage system is proof that they are on the right track."

About Nimbus Data Systems

Nimbus Data Systems, Inc. develops Sustainable Storage™ systems and software that redefine datacenter economics: 10x greater performance, 90% lower operating costs, and unparalleled simplicity in network storage management. Nimbus storage software and flash memory hardware innovations provide the optimal foundation for enterprise virtualization, databases, service providers, and compute-intensive environments. For more information, visit www.nimbusdata.com. Follow Nimbus on Twitter: http://twitter.com/nimbusdata.

SOURCE Nimbus Data