Alliance Storage Technologies Announces Significant Growth in 2010; Anticipates Solid 2011

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Alliance Storage Technologies, Inc. (ASTI), the leader in professional archiving storage solutions, today announced the close of a record year for sales for 2010, and an increase in investment in channel and product development for 2011.

Alliance Storage Technologies, Inc. (ASTI), the leader in professional archiving storage solutions, today announced the close of a record year for sales for 2010, and an increase in investment in channel and product development for 2011.

“This has been our strongest year,” stated ASTI CEO, Chris Carr. “We have seen significant growth overall, increasing total sales by 39%, showing solid profitability through the second half of 2010. Our services revenue continues to grow as we provide support, both direct and through our authorized service partner network worldwide,” Carr said.

As the leading alternative to disk and tape backup systems, Alliance archiving storage solutions are positioned for continued growth in 2011. “Our optical archiving technology enables users to secure their critical data on proven 50+ year media without needing to regularly replace disk drives or migrate data off of aging tape systems. We offer significant acquisition and total operational expense savings of over 40% versus disk-based storage, presenting a compelling value proposition to our customers,” Carr said.

In addition, ASTI has enjoyed marked growth in the manufacturing and sales of its Ultra Density Media (UDO). With over 17,000 current installations worldwide, Alliance continues to meet the growing demand for media, maintaining strong supply channels in support of its current and growing library installations.

As part of its overall 2011 growth strategy, Alliance has doubled its trade show participation, and has tripled its investment in marketing and the expansion of its partner and service provider programs.

As storage capacity and stringent compliance requirements continue to pressure organizations to implement long-term data archiving solutions, ASTI continues to invest in product feature enhancements and new product development to meet market demands. "With storage capacity requirements growing dramatically each year, we are seeing an increasing need for cost-effective archival alternatives to disk and tape,” Carr said. “Our ongoing product development ensures our customers can securely archive their critical records to meet rigorous compliance mandates and reduce their total ownership costs,” Carr said.

About Alliance Storage Technologies, Inc.
Alliance Storage Technologies is a global leader in archival storage solutions. Alliance's products help organizations meet regulatory and compliance standards through the provision of secure, authentic data storage media- promising 50 + years of storage life. Alliance's products and applications are used across numerous vertical markets, including medical, financial, government, broadcast and entertainment and are available in a complete range of configurations to meet a variety of archive requirements- from small businesses to Fortune 500 corporations and government agencies.
For further information, please visit http://www.alliancestoragetechnologies.com, call 719-593-7900 or email sales(at)alliancestoragetechnologies(dot)com.

Media Contact:
Steve Conrad
Alliance Storage Technologies
9925 Federal Drive Suite 100
Colorado Springs, CO 80921
stevec(at)astiusa(dot)com
Tel: 719.593.4008
Fax: 719.593.8713

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