3PAR (NYSE: PAR), the leading global provider of utility storage, announced today that Forbes magazine named the company as one of the Forbes Fast Tech 25 for 2009 - Forbes' list of the fastest-growing technology companies in America. 3PAR ranked fourth on the list, with sales growth of 80% over the five-year period ending 31 December 2009.
"Agility and efficiency are key concepts for 3PAR,” stated Forbes.com in the online presentation In Pictures: America's Fastest-Growing Tech Companies.
3PAR's products allow for the storage, protection, and recovery of electronic information in the form of digital data. Customers include financial service firms, cloud computing service providers, consumer-oriented Internet/Web 2.0 companies, and government departments and agencies.
“We are delighted to be listed in the Forbes Fast Tech 25 for 2009, and we are proud of our strong performance during the period, especially given the fiscally challenging times,” said 3PAR President and CEO David Scott.
Forbes' selection criteria for the Fast Tech 25 rankings included, among other things, 1) minimum sales of $25 million during calendar year 2009; 2) sales growth during that period of at least 10% over the prior calendar year; and 3) annualised sales growth of not less than 10% over the past five fiscal years.
To read the Forbes article and see the full list of Fast Tech 25 companies, go to: http://www.forbes.com/2010/04/01/cognizant-google-riverbed-technology-data-companies-10-fast-tech.html.
3PAR utility storage is available in South Africa exclusively via SYSDBA. Further information on the 3PAR storage is available at http://www.sysdba.com or contact Adam Day directly on 011 287 2909 or via e-mail at adam.day@sysdba.com for further details on what benefits 3PAR can bring to your organisation.
SYSDBA
Founded in 1996, SYSDBA specialises in utility storage, consolidation and virtualisation. SYSDBA focus on providing solutions and services that help to optimise utilisation of resources within the data centre across servers, storage and networks. In designing solutions SYSDBA have chosen products, defined as visionary by the industry analysts and offer significant value over traditional solutions.
3PAR
3PAR (NYSE: PAR) is the leading global provider of utility storage, a category of highly virtualised and dynamically tiered storage arrays built for public and private cloud computing. Our virtualised storage platform was built from the ground up to be agile and efficient to address the limitations of traditional storage arrays for utility infrastructures. As a pioneer of thin provisioning and other storage virtualisation technologies, we design our products to reduce power consumption to help companies meet their green computing initiatives, and to cut storage total cost of ownership. 3PAR customers have used our self-managing, efficient, and adaptable utility storage systems to reduce administration time and provisioning complexity, to improve server and storage utilisation, and to scale and adapt flexibly in response to continuous growth and changing business needs. For more information, visit the 3PAR Web site at: http://www.3PAR.com.
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