• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Global Financial Services Company Selects CNT for Three Storage Networking Projects

Posted on: Wednesday, 15 September 2004, 06:00 CDT

MINNEAPOLIS, Sept. 15 /PRNewswire-FirstCall/ -- CNT(R) , the global expert in storage networking solutions, today announced they have won a $2.7 million contract from a global financial services company headquartered in the Northeast to implement a multi-site business continuity solution. With over one-third of CNT's install base being in the financial services industry, CNT was chosen for its technological expertise in remotely extending and managing storage networks. The CNT solution will help ensure that the IT systems operate without interruption to keep the business running.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020415/CNTLOGO )

The global financial services company purchased five CNT UltraNet Storage Directors - eXtended (USD-X) and twelve UltraNet Edge Storage Routers for remote data replication, tape vaulting, and data migration projects. The first project will use the USD-X to extend a new tape vault between New York and New Jersey, enabling the company to safely store information and data in case of an accident or disaster. The second remote replication project will use the UltraNet Edge Storage Router to extend the network over 3,000 miles. The last is a data migration project from a data center in New York to a data center in the southeastern United States. CNT's services professionals will work with the customer's IT staff to successfully relocate the data from New Jersey to New York in order to reduce risk and maintain business continuity during the transition. In addition to the hardware, each of these deals includes CNT maintenance and services.

"Throughout CNT's twenty year history, our extension products have formed a crucial part of the financial sector's IT backbone. We have established our reputation by helping customers successfully move, manage, consolidate and protect their data in a timely and cost-effective manner," said Tom Hudson, CNT's President and CEO. "In June, we announced a three-year, $11.5 million managed service contract from another leading financial institution in the Western United States. With this announcement today, we enhance the value we provide to our customers who rely on CNT technology for their business continuity and disaster recovery needs."

About UltraNet Extension Products:

CNT's UltraNet Storage Director - eXtended is a high-speed multi-protocol director platform that supports all storage related applications, both disk and tape. The platform is designed to support the latest high-speed interfaces, including Fibre Channel, Gigabit Ethernet, OC-12 (622 Mbps) ATM/SONET and FICON. The platform also supports prevalent legacy interfaces, including ESCON, Bus & Tag, Fast Ethernet, OC-3 ATM/SONET and others, providing a single platform capable of supporting any disk, tape and system connectivity requirement for all remote solutions, local and remote.

The award winning UltraNet Edge Storage Router interconnects and extends Fibre Channel and FICON data center networks across campus or across the globe, enabling flexible, cost-effective, enterprise-wide storage infrastructures that improve data availability and make business continuity achievable.

About CNT

CNT is the expert in today's most cost-effective and reliable storage networking solutions. For over 20 years, businesses around the world have depended on us to improve business efficiency, increase data availability and manage their business-critical information. CNT applies its technology, products and expertise in open storage networking architecture and business continuity to help companies build end-to-end solutions consisting of analysis, planning and design, multi-vendor integration, implementation and ongoing remote management of the SAN or storage infrastructure. For more information, visit CNT's web site at http://www.cnt.com/ or call 763-268-6000.

All brand and product names are trademarks or registered trademarks of their respective companies.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020415/CNTLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840

CNT

CONTACT: Jennifer Weidauer of CNT, +1-763-268-8367, orjennifer_weidauer@cnt.com ; or Mark Shapiro of Davis-Marrin Communications,+1-858-573-0736, or mshapiro@davisnmarrin.com

Web site: http://www.cnt.com/

More News in this Category