4Q Revenue of StorMagic Up 300% Compared to 4Q11

StorMagic, Inc., provider of enterprise class virtual storage for virtual-server environments, reports record installations of its flagship product, SvSAN.

Q4 consolidated revenue has increased 300% compared to 2011 results for the same period. This is a continuing positive trend for StorMagic as 2011 Q4 consolidated revenue increased 140% over 2010 results.

The continued revenue growth is primarily associated with sales of SvSAN to enterprise organizations with multiple distributed virtualized sites. These customers need low-cost, flexible, performance shared storage that enables HA and remote maintenance of virtual servers.

Many customers originate from government, education, banking, retail and manufacturing sectors, where on-site IT resources are limited and centralized management is required.

"We needed to find the right solution to progressively manage our remote sites effectively and achieve HA," explains Uwe Fischer, head of Asset Information Systems at E.ON Climate and Renewables. "SvSAN enables us to cost effectively implement simple, 2 server highly available systems across 100 sites with minimal IT and hardware requirements."
 
SvSAN provides shared storage for server virtualization environments and is a certified Storage Virtual Appliance for VMware vSphere. It provides HA to applications running in a virtual-server environment and avoids the cost and complexity of traditional SAN solutions.

StorMagic recently announced SvSAN 5 developed to meet the demand from enterprise organizations managing multiple distributed virtualized sites.

"StorMagic’s continued growth confirms the significant demand for affordable alternatives to expensive SANs in virtual server environments," said Hans O’Sullivan, CEO of StorMagic. "We’ve invested significant resources over the last few years to develop a cost-effective alternative that provides the availability and performance required in virtualized, multi-site environments."