Density Dynamics Launches Upgrade Incentive Program for Legacy TiGiJet SSDs; Over 60 Prior Customers Qualify Including Lockheed Martin and Wachovia

Thu Nov 5, 2009 12:18pm EST
 
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Density Dynamics Launches Upgrade Incentive Program for Legacy TiGiJet SSDs;
Over 60 Prior Customers Qualify Including Lockheed Martin and Wachovia


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
www.densitydynamics.com.

About Speedus Corp.
Additional information on Speedus Corp. may be obtained at www.speedus.com or
by contacting Peter Hodge at 888-773-3669 (ext. 23) or phodge@speedus.com.

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.



SOURCE  Density Dynamics

Peter Hodge, 1-888-773-3669 (ext. 23), phodge@speedus.com

 

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