Pliant Technology Finalist in 2009 Hot Companies Award

MILPITAS, Calif., – Pliant Technology, developer of Enterprise Flash Drives (EFDs), a new class of high-performance solid state storage devices for the enterprise, today announced it has been named a finalist for the 2009 Hot Companies Award by Network Products Guide.

Selected from a global industry analysis of start-up, mid-size and large IT vendors, Pliant has been recognized for its advanced Enterprise Flash Drive (EFD) storage solutions. Pliant’s EFDs are designed to deliver dramatically higher levels of I/O performance while meeting the growing need for increased energy efficiency and reliability in enterprise computing environments. The Hot Companies Award recognizes companies in all areas of information technology, including security, wireless, storage, networking, software, and communications.


“We are delighted to be named a finalist for this esteemed award,” said Amyl Ahola, CEO of Pliant Technology. “This recognition underscores the strength of our team and our business strategy, and highlights the value of our unique EFD technology in addressing today’s most critical enterprise IT system requirements. We believe that our EFDs will be used to redefine how enterprise IT managers architect future IT systems to maximize both I/O performance and efficiency, and we are thrilled that Network Products Guide’s panel of industry experts and influencers has recognized our significant impact to the IT industry.”

Pliant’s EFD solution provides more performance and lower energy consumption than multiple traditional high-performance hard drives for enterprise computing environments. Strategically deploying EFDs within enterprise IT data center environments enables IT managers to meet I/O performance requirements with greater flexibility, while eliminating the energy and cost burden resulting from the common practice of “over-provisioning” disk drives: utilizing three to four times more drives than needed from a capacity perspective to meet I/O performance requirements. The EFD approach can slash data center energy consumption significantly, by up to 80 percent in many cases. Pliant’s EFDs fit seamlessly into the existing storage infrastructure.

The 2009 Hot Companies Award finalists were chosen based on Network Products Guide’s “4Ps” selection criteria — Products, People, Performance, and Potential. Award winners will be announced at Technosium’s World Executive Alliance Summit in San Francisco, Calif., on March 26-27, 2009. CEOs of finalists will present their company’s ‘4Ps’ criteria at the 2009 World Executive Alliance Summit to an audience of leading entrepreneurs, IT companies, venture capitalists, corporate strategists, and media. For more information visit: www.networkproductsguide.com/hotcompanies/

About Pliant Technology

Pliant Technology is developing Enterprise Flash Drives (EFDs), a new class of solid state storage devices that integrate seamlessly into enterprise information systems and dramatically improve performance, reliability, energy efficiency, and TCO. Delivering breakthrough improvements over today’s highest performing hard drive and SSD storage solutions for a range of data I/O intensive enterprise applications, Pliant’s solution is expected to be available to OEM and datacenter customers in the fourth quarter of 2008. The company was founded by a team of successful storage executives and engineers from Fujitsu, IBM, Maxtor, Quantum, and Seagate. Pliant is based in Milpitas, Calif. More information is available at www.plianttechnology.com.

Contact:
George Millington
Walt & Company
408-369-7200, ext. 2974
[email protected]