Density Dynamics Launches Upgrade Incentive Program for Legacy TiGiJet SSDs; Over 60 Prior Customers Qualify Including Lockheed
November 05 2009 - 12:18PM
PR Newswire (US)
GERMANTOWN, Md., Nov. 5 /PRNewswire/ -- Density Dynamics, a
majority-owned subsidiary of Speedus Corp. (NASDAQ:SPDE), announced
today it has launched an incentive program for customers who
purchased the company's legacy TiGiJet Solid State Drives to
upgrade to its next generation Jet.io Solid State Drives. Under the
program, customers may trade-in their existing TiGiJet SSDs and
receive a 50% trade in credit from the original purchase price for
each TiGiJet unit traded in towards a new Jet.io(TM) SSD. Without
trade-in, prior customers will be given a 30% purchase voucher for
any new production units ordered prior to January 2010. This
program begins immediately. To take advantage of this offer, all
orders must be received by January 29, 2010. "When we purchased the
assets of TiGi Corp in March of 2008, we immediately commenced work
on the enhanced Jet.io product which extends the legacy of high
performance and durability from the TiGiJet product into higher
density designs and a low-profile Fibre Channel drive format. Like
the TiGiJet product, the Jet.io utilizes DRAM core storage as a key
differentiator from the flash dominated SSD industry. We built on
the cutting edge designs originally pioneered in 2003 by TiGi and
the SSDs they delivered to data centers for large enterprise
customers including Wachovia Corporation, Lockheed Martin
Corporation and The Liebert Corporation. Our goal is to give early
adopters such as these the opportunity to upgrade to our next
generation Jet.io Solid State Drives with the highest performance,
durability and energy efficiency in the SSD market," said Shant
Hovnanian, CEO of Density Dynamics Corp. About Density Dynamics
Density Dynamics, a majority owned subsidiary of Speedus Corp., is
a pioneer in solid-state storage and I/O acceleration technology.
Its high performance DRAM and RamFlash solid-state storage and
computing devices are designed to reduce I/O bottlenecks while also
reducing power, cooling, and rack space requirements. Density
Dynamics can be found on the web at
http://www.densitydynamics.com/. About Speedus Corp. Additional
information on Speedus Corp. may be obtained at
http://www.speedus.com/ or by contacting Peter Hodge at
888-773-3669 (ext. 23) or . Statements contained herein that are
not historical facts, including but not limited to statements about
the Company's product, corporate identity and focus, may be
forward-looking statements that are subject to a variety of risks
and uncertainties. There are a number of important factors that
could cause actual results to differ materially from those
expressed in any forward-looking statements made by the Company,
including, but not limited to, the continuing development of the
Company's sales, marketing and support efforts. DATASOURCE: Density
Dynamics CONTACT: Peter Hodge, 1-888-773-3669 (ext. 23), Web Site:
http://www.densitydynamics.com/
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