MARKET WIRE NEWS

Quantum and Pink Elephant Partner to Deliver Sovereign, Low-Cost, Energy-Efficient Data Resilience Services in Europe

MWN-AI** Summary

Quantum Corporation (Nasdaq: QMCO) has partnered with Pink Elephant, a Netherlands-based IT services provider, to launch the DMaaS Clouddrive Cold — an innovative archive service that leverages Quantum’s ActiveScale Cold Storage. This new service addresses the growing challenges organizations in Europe face regarding data volumes and regulatory compliance. Pink Elephant required a scalable and resilient data management foundation for its offerings, which include Backup as a Service (BaaS) and Disaster Recovery as a Service (DRaaS).

After evaluating various options, Pink Elephant opted for Quantum's ActiveScale Cold Storage due to its cost-effectiveness, scalability, and built-in tape cold tier, capable of storing multi-petabyte datasets across multiple sites. The deployment spans three data centers in the Netherlands, ensuring sovereign storage that meets regulatory compliance and customer durability expectations. With enhanced data protection features—15 nines of durability, built-in immutability, and air-gapped archives—this solution significantly mitigates operational costs while enhancing security against threats like ransomware.

Rene Sesink, Product Manager at Pink Elephant, emphasized the need for affordable yet robust long-term storage, which Quantum’s solution fulfills by automatically distributing data across sites. Jeroen Boekkamp, Technology Lead at Pink Elephant, highlighted the ease of access and reliability of the platform.

With this partnership, both companies aim to transform how organizations manage long-term data, thus creating operational efficiencies while satisfying modern data workflow demands. Quantum CEO Hugues Meyrath expressed enthusiasm for this collaboration, asserting that the ActiveScale Cold Storage will empower customers dealing with exponential data growth and rising costs. This initiative positions Pink Elephant to expand its sovereign storage services throughout Europe.

MWN-AI** Analysis

Quantum Corporation's partnership with Pink Elephant to deliver sovereign, low-cost, energy-efficient data resilience services presents a compelling investment opportunity, especially given the increasing demand for robust data management solutions across Europe. Their launch of the DMaaS Clouddrive Cold service, utilizing Quantum’s ActiveScale® Cold Storage, aligns perfectly with current market trends centered around data growth, regulatory compliance, and the necessity for cost-effective storage solutions.

As data creation and retention requirements soar, organizations in sectors like healthcare, education, and government face mounting pressures to ensure the availability, durability, and security of their data. The capability of Quantum's system to store multi-petabyte datasets while achieving 15 nines of durability and supporting multiple data center deployments makes it especially attractive to potential clients. This not only enhances robustness against potential disruptions but also meets regulatory standards required in various European markets.

Investors should note that Quantum’s innovative cold storage technology significantly reduces operational costs through its inherent energy efficiency and lower power consumption when compared to traditional disk-based systems. Given rising energy costs across Europe, this cost structure can be a decisive factor for organizations looking to optimize their IT budgets.

Furthermore, the added features of immutability and air-gapped archives reinforce Quantum and Pink Elephant's commitment to data security, especially vital in today's landscape where cyber threats are ever-evolving. This approach could attract a broad range of clients concerned with compliance and security, positioning Quantum favorably within the marketplace.

Given these factors, potential investors are encouraged to monitor Quantum (NASDAQ: QMCO) closely. Their strategic direction, coupled with current market demands, suggests a promising growth trajectory as they expand their services across Europe.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Quantum Corporation (Nasdaq: QMCO) today announced that Pink Elephant, a prominent Netherlands-based IT services provider, has successfully deployed a new archive service, DMaaS Clouddrive Cold. The new service is based on Quantum’s ActiveScale ® Cold Storage, a highly scalable object storage system with integrated tape cold tier, and powers a new class of sovereign, cost-efficient cloud storage services.

As organizations across Europe grapple with ever-increasing data volumes and stringent regulatory retention requirements, Pink Elephant sought a scalable, resilient foundation for its Data Management as a Service (DMaaS) portfolio, which includes Backup as a Service (BaaS) and Disaster Recovery as a Service (DRaaS). The company desired a platform that could store multi-petabyte datasets with strong availability and durability while mitigating operating costs, energy consumption, and complexity. After evaluating alternatives, Pink Elephant selected Quantum ActiveScale Cold Storage for its unique combination of scalable S3-compatible access, integrated tape tier, and multi-site data distribution, all managed within a single namespace.

“Customers asked us for cheap and resilient storage for long-term data. It had to be highly available, spread across multiple data centers. That’s why we chose Quantum,” said Rene Sesink, Product Manager at Pink Elephant.

The deployment spans three data centers in the Netherlands, providing sovereign storage designed to meet regulatory compliance and customer expectations for durability and access. With data written across multiple locations and architected to protect against disruptive events, Pink Elephant can deliver a service with 15 nines of durability and continuous availability. At the same time, the built-in tape-based cold tier significantly reduces total cost of ownership by lowering power, footprint, and operational expenses compared with disk-only alternatives.

“The beauty of ActiveScale Cold Storage is that you simply store the data, and it’s written across multiple locations automatically. You can read it from any of them. That’s exactly what we needed,” said Jeroen Boekkamp, Technology Lead, Datacenter Cloud Services at Pink Elephant.

The flexible, policy-driven architecture allows Pink Elephant to offer multi-year retention with predictable costs, making it a compelling choice for customers in healthcare, government, education, and enterprise markets that must balance performance, security, and regulatory demands. Built-in immutability and air-gapped archives also enhance ransomware protection and help meet stringent compliance requirements.

“We’re thrilled to partner with Pink Elephant as they transform how European organizations manage their long-term data,” said Hugues Meyrath, Chief Executive Officer for Quantum. “ActiveScale Cold Storage delivers a unique combination of scalability, durability, and economics, especially for customers facing exponential data growth and rising component, power, and cooling costs.”

With this solution now live, Pink Elephant believes it is well positioned to expand its sovereign storage services across Europe, helping customers unlock operational efficiency while meeting the demands of modern data workflows.

To read the full case study, visit https://www.quantum.com/en/resources/customer-success/pink-elephant/ .

To learn more about ActiveScale Cold Storage, visit https://www.quantum.com/en/products/object-storage/ .

Quantum and Pink Elephant are hosting a joint webinar on March 26. Sign up to join live or watch on-demand: https://www.brighttalk.com/webcast/13139/662643

About Pink Elephant

Pink Elephant is a global IT services provider specializing in data resilience, cloud services, and managed IT solutions. Through its Data Resilience portfolio, Pink Elephant delivers Backup as a Service, Disaster Recovery as a Service, and long-term data retention solutions to customers across healthcare, education, public sector, and enterprise markets. Pink Elephant manages more than 250 petabytes of customer data across sovereign data centers in the Netherlands and Germany.

About Quantum

Quantum delivers end-to-end data management solutions designed for the AI era. With over four decades of experience, our data platform has allowed customers to extract the maximum value from their unique, unstructured data. From high-performance ingest that powers AI applications and demanding data-intensive workloads, to massive, durable data lakes to fuel AI models, Quantum delivers the most comprehensive and cost-efficient solutions. Leading organizations in life sciences, government, media and entertainment, research, and industrial technology trust Quantum with their most valuable asset – their data. For more information visit www.quantum.com .

Quantum is listed on Nasdaq (QMCO). Quantum and the Quantum logo are registered trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.

Forward-Looking Statements

The information provided in this press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 ("Exchange Act"). These forward-looking statements are largely based on our current expectations and projections about future events and financial trends affecting our business. Such forward-looking statements include, in particular, statements about the anticipated benefits and features of Quantum ActiveScale Cold Storage solution, as well as our business prospects, changes and trends in our business and the markets in which we operate.

These forward-looking statements may be identified by the use of terms and phrases such as "anticipates", "believes", "can", "could", "estimates", "expects", "forecasts", "intends", "may", "plans", "projects", "targets", "will", and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters and other statements regarding matters that are not historical are forward-looking statements. Investors are cautioned that these forward-looking statements relate to future events or our future performance and are subject to business, economic, and other risks, and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements.

These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: the competitive pressures we face; risks associated with executing our strategy; the distribution of our products and the delivery of our services effectively; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; whether the market Quantum ActiveScale Cold Storage solution develops and performs as anticipated and whether our products meet the developing needs of this market; and other risks that are described herein, including but not limited to the items discussed in "Risk Factors" in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) and any subsequent filings with the SEC. We do not intend to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law or regulation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260325060618/en/

Media Contact:
Matter Communications
Sara Beth Fahey
quantum@matternow.com
401.351.9507

FAQ**

How does Quantum Corporation (QMCO) plan to leverage its partnership with Pink Elephant to enhance market share in the growing European data storage sector?

Quantum Corporation plans to leverage its partnership with Pink Elephant by combining their innovative data storage solutions and strategic marketing expertise to capture a larger share of the expanding European data storage market through targeted initiatives and collaborations.

What competitive advantages does Quantum Corporation (QMCO) believe its ActiveScale Cold Storage solution has over existing storage alternatives?

Quantum Corporation believes its ActiveScale Cold Storage solution offers competitive advantages through scalable architecture, cost-effectiveness, advanced data management capabilities, and enhanced data durability and accessibility compared to existing storage alternatives.

Can Quantum Corporation (QMCO) provide insights on how the deployment of ActiveScale Cold Storage impacts its financial performance and future growth projections?

Quantum Corporation (QMCO) has indicated that the deployment of ActiveScale Cold Storage is expected to enhance its financial performance by driving revenue growth through differentiated data solutions and providing a competitive edge in the expanding data storage market.

How does Quantum Corporation (QMCO) address potential risks associated with the adoption of its ActiveScale Cold Storage by companies in regulated industries?

Quantum Corporation (QMCO) mitigates risks for companies in regulated industries adopting its ActiveScale Cold Storage by ensuring compliance with industry standards, providing robust data security features, and offering tailored solutions that address specific regulatory requirements.

**MWN-AI FAQ is based on asking OpenAI questions about Quantum Corporation (NASDAQ: QMCO).

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