Permabit Named Finalist of 2012 Storage Virtualization & Cloud Awards

CAMBRIDGE, Mass., Oct. 2, 2012 /PRNewswire/ -- Permabit Technology Corporation, the recognized leader in data efficiency technology, today announced that its Albireo Data Optimization Software has been named a finalist in the Storage Software Appliance Solution of the Year of the 2012 Storage Virtualization & Cloud Awards.

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The SVC Awards reward the products, projects and services, as well as honor the teams operating the cloud, virtualization and storage fields.  Permabit Albireo is one of six products chosen for in the Storage Software Appliance Solution of the Year by a panel of respected editors and analysts.  The winner will be selected by a vote from the general public, which is open now through October 17.  Winners will be revealed at a gala ceremony at the Pullman London St. Pancras November 22.

Permabit Albireo is the industry's first-and-only embedded data optimization software for OEMs, delivering data reduction rates of 5 to 35X and with throughput now exceeding 400 GB/sec at petabyte scale.  Albireo optimizes data across a wide range of installations from SOHO/SMB appliances to enterprise flash and Solid State Devices (SSD), high-performance enterprise storage, big data solutions and cloud services.

"Permabit Albireo continues to be recognized throughout the industry for its ability to provide efficiency, scalability and performance capacity unlike any other solution on the market today," said Tom Cook, Permabit CEO.  "We are pleased to be once again honored for our achievements by being named a finalist in the SVC Awards.  "

Being named a finalist of the SVC Awards is the latest honor for Permabit, which has been received substantial recognition this year alone for its products, technology and executives, including: receiving the 2012 Best of Cambridge Award; being named Top Information Management and Storage Vendor by Data Mobility Group; winning the Execullence Award as the "Coolest New Technology" provider at the ExecEvent; recognition of company CTO Jered Floyd as CTO of the Year by Network Products Guide; being a finalist in the Network Products Guide Annual Awards in the Innovative IT Company of the Year and Best Storage Solution categories; and winning the Info Security Product Guide's Global Excellence Award for Storage & Archiving.

To vote for Permabit in this year's SVC Awards, visit http://www.svcawards.com/voting.  Additional information about the SVC Awards is available at http://svcawards.com/home.

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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.

SOURCE Permabit Technology Corporation