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SPDE Speedus Corp (CE)

0.000001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Speedus Corp (CE) USOTC:SPDE OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Density Dynamics Receives Clearance for Next Generation RamFlash Solid State Drive; Breakthrough Solves SSD Endurance and Perfor

07/08/2009 1:00pm

PR Newswire (US)


Speedus (CE) (USOTC:SPDE)
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GERMANTOWN, Md., Aug. 7 /PRNewswire-FirstCall/ -- Density Dynamics, a majority owned subsidiary of Speedus Corp. (NASDAQ:SPDE), announced today that its Jet.io Solid State Drive has been certified for compliance with Underwriters Laboratories (UL60950-1) as well as FCC (Part 15 class B) standards. Completion of these regulatory certifications marks a new era for Solid State Drive technology with an innovative RamFlash Solid State Drive (RF-SSD) design. This innovation leverages the resiliency and ultra-fast access of DRAM based memory as primary storage with the non-volatile nature of flash memory to deliver breakthrough performance with ultimate durability and data protection. RamFlash technology is now available in the Density Jet.io RF-SSD and has undergone trials in high-performance, mission-critical applications with customers for trading platforms, real time financial transactions, Cloud Computing and other data-intensive applications. This new technology provides the capability to address the highest write workloads with dramatically higher performance and without the wear out issues of flash based SSDs. "The Density Dynamics proprietary design utilizes DRAM memory for "hot" core storage functions and flash for backup, all in a uniquely compact 3.5 inch form factor," said Dave Wilkerson, Density's Chief Technical Officer. "The new design employs power and storage management algorithms for alleviating I/O bottlenecks while using dramatically lower power than other RAM based solutions. Our RF-SSD technology represents a new dawn in the evolution of the Solid State Disk market," added Wilkerson. According to a July 16, 2009 research report by Aaron C. Rakers of Stifel Nicolaus, "...our checks continue to suggest that there is no viable competitor to STEC in enterprise SSDs until mid-2010..." Shant Hovnanian, Density's Chief Executive Officer said, "We see our breakthrough product giving IT managers and array system providers a better alternative to flash-only drives, such as those from STEC, for applications with the highest performance requirements." About Density Dynamics Density Dynamics, a majority owned subsidiary of Speedus Corp., is a pioneer in the solid-state storage and I/O acceleration technology. Its high performance 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 http://www.densitydynamics.com/. About Speedus Corp. Additional information on Speedus Corp. may be obtained at http://www.speedus.com/ or by contacting Peter Hodge at 888-773-3669 (ext. 23) or . 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. DATASOURCE: Density Dynamics CONTACT: Peter Hodge, +1-888-773-3669 (ext. 23), Web Site: http://www.densitydynamics.com/

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