Diomede's New Cloud Storage Service Saves IT Departments, Datacenters and Software Publishers 80 Percent on Outsourced Storage

Diomede's New Cloud Storage Service Saves IT Departments, Datacenters and
Software Publishers 80 Percent on Outsourced Storage
Diomede Storage focused on saving companies money while reducing carbon
emissions and increasing data security 'in the cloud'

SAN FRANCISCO, Nov. 2 /PRNewswire/ -- Diomede Corporation, a privately funded
cloud storage service provider, announced its newest version of Diomede
Storage (www.diomedestorage.com). The horizontal solution is feature-rich,
triple-redundant, energy-efficient and saves users about 80 percent of the
usual cost associated with storing large amounts of data offline.

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Diomede Storage is five times less expensive than its leading brand name
competitor and about 60 times more energy efficient than traditional storage
systems, which are inherently huge consumers of energy. Diomede estimates that
about 526 pounds of CO2 emissions are eliminated by moving just one terabyte
of data from a service such as Amazon S3 to Diomede Storage.

Many technology, service provider and financial services companies are doing
business "in the cloud" and need to store and backup large amounts of data.
Diomede recognized that the data storage options for these companies are cost
prohibitive for larger data sets and provide most companies with one of two
bad choices -- pay too much or store their mass amounts of data in-house on
their own devices.

"Our competitors are cheap to start, but very expensive when a company has to
scale up its storage needs" said Steve Iverson, CEO for Diomede. "Plus we find
our customers really like the fact that our storage solution doesn't add to
the global warming problem by using exorbitant amounts of energy and emitting
harmful emissions like other storage solutions do."

The cost of Diomede Storage is $0.03/GB per month (including
triple-redundancy) and is available at www.diomedestorage.com. More
information about Diomede Storage and how its energy-efficient data storage
solutions can reduce costs is available by calling 415-963-4112.

Diomede's CEO, Steve Iverson, has been a technology entrepreneur for 10 years,
starting his first company at the San Diego Technology Incubator. Diomede is
Iverson's third company since graduating college in 1998.

About Diomede Corporation
Diomede, founded in 2007, is a San Francisco-based privately held company with
offices in San Diego and San Francisco. Diomede Corporation's flagship service
is Diomede Storage, a green, energy-efficient, patent-pending cloud storage
service. It stores data using methods that are 60 times more energy efficient
than traditional storage systems, which historically have been huge consumers
of natural resources and harmful to the environment. Diomede Storage reduces
off-site storage costs, power consumption and emissions, while increasing
security and scalability. Diomede serves corporate IT departments, independent
software vendors, high-tech startups, as well as datacenters offering managed
storage solutions. For more information, call 415-963-4112 or email
steve@diomedestorage.com. On the Net: www.diomedestorage.com.

SOURCE Diomede Corporation

Mark Allen of Diomede Corporation, +1-415-963-4112, mark@diomedestorage.com