GREENWOOD VILLAGE, Colo., Nov. 19, 2013 /PRNewswire/ --ZeroNines Technology® announced today they have executed a Collaboration Agreement with Intel to develop next generation software defined storage technologies. As part of the agreement ZeroNines and Intel agree to complete research and development collaboration on new usage models for Caching and NVM storage solutions. The agreement combines ZeroNines extensive storage experience with Intel's Cache Acceleration Software to explore research possibilities in next generation I/O technologies for data availability, acceleration and latency reduction.
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Jake Smith, General Manager, Data Center Software Division stated: "This collaboration agreement provides additional proven resources to our research and development efforts in software defined storage. We look forward to working with the ZeroNines Technologies team to explore new usage models and develop products in the near future."
Alan Gin, CEO of ZeroNines commented: "Our thirteen year relationship with Intel along with key research projects has created the foundation for collaboration and trust. Our combined expertise in large scale data center high availability will further define solutions in the cloud computing, big data and internet of things space."
John C Botdorf, Chairman of ZeroNines added: "We are also pleased to announce we have recently become an Intel Portfolio Company. Intel's financial alignment with our Company will help drive our collective interest to design and create next generation products. We look forward to concluding some exciting projects with them." No financial terms were released.
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The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements, which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements.
Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Allianz Group's core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related integration issues, (xiii) reorganization measures, and (xiv) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences.
The matters discussed herein may also be affected by risks and uncertainties described from time to time in any ZeroNines Technology® future announcements or filings as required. The company assumes no obligation to update any forward-looking statement.
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The company assumes no obligation to update any information contained herein.
Contact: Melisa Rouse, 1-303-810-4140, melisa@zenvault.com
SOURCE ZeroNines Technology
