STEC has signed an agreement with one of its largest enterprise storage customers for sales of USD $120 million of ZeusIOPS SSDs in the second half of 2009.
With this agreement signed, the company is now forecasting revenue from the sale of its ZeusIOPS drives will exceed USD $220 million in 2009.
Manouch Moshayedi, chairman and chief executive officer of STEC, said the agreement reflects the enterprise storage manufacturer’s continued commitment to integrate STEC’s SSD technology into the manufacturer’s systems.
He said it validates significant storage system performance improvements enabled by STEC’s ZeusIOPS SSDs in these enterprise systems.
"We are pleased to see that sales of our customer’s enterprise storage systems utilizing our ZeusIOPS drives have grown significantly over the past few years," he said.
"Our customers have helped evangelize this technology and we are glad to be partnered with them as we expect that they will help drive further innovation in SSD usage in the highest-end of the enterprise storage markets."
The STEC ZeusIOPS SSD product family offers an array of options for enterprise system architects. ZeusIOPS SSD provides a wide range of interface options, spanning Fibre Channel to SAS to SATA, as well as the widest range of capacity options, spanning 73GB to 1TB.
Fundamental to the ZeusIOPS product family is the proprietary SSD architecture which renders an enterprise-optimized storage device with an unprecedented combination of performance and energy efficiency.