ECONOMICS

Assurance Storage announced its launch as a storage solutions company focused on delivering industry leading software for customers looking to manage their ever-increasing storage pools. Former Cisco executive Steve Visconti and former Greenplum co-founder and CEO, Dave Powell have joined forces to deliver innovative storage software, designed to solve difficult data center storage management issues.

Assurance is delivering industry-leading software solutions focused on three industry pain points - the high rate of HDD failures with Assurance Fault Detection, Isolation and Recovery (FDIR), the imprecision and lack of cache scaling with Assurance SmartTier and ILM with Assurance Tier Management Engine (TME). Assurance's software suite leverages off-the-shelf industry-standard hardware enclosures to provide both scale-up and scale-out to support the needs of today's environments of cloud computing, virtualization, and virtual desktop infrastructures (VDI) as well as high-performance applications such as database processing, data mining, analytics, video production and more. The software portfolio includes Assurance Virtualization Software, Unified Driver Architecture with integrated Data Transformation Services such as de-duplication, Encryption, and Assured SmartTier autonomic Tier Management Engine. The Assurance software suite is designed to provide the most efficient use of high density disk (HDD) and solid state disk (SSD/Flash) within the storage industry.

Assurance's patented software can be delivered as stand-alone products for integration in OEM applications or combined with Assurance HDD and SSD enclosures to create high performance storage solutions. Assurance is pleased to be working with Sanmina-SCI as our partner for hardware platforms, consulting and supply chain management. The relationship allows Assurance to leverage "best of breed" hardware while focusing on storage software for next generation data centers.

By focusing on providing solutions as software, Assurance customers can take advantage of the latest chip enhancements such as Jasper Forest and Sandy Bridge, both from Intel.

Steve Visconti and Dave Powell, along with key members of the technical team, have teamed up to launch Assurance with much of the IP developed by Atrato, along with some key enhancements. Steve brings over 25 years of domestic and international business development, sales, marketing and management success. Steve's leadership experience includes top technology companies and startup ventures including Cisco Systems, Inc., Airespace, Ascend, Chipcom and Banyan Systems. His understanding of technology and market conditions, together with the ability to lead high-growth companies and build shareholder value, has contributed to his proven performance record.    Dave is an experienced international software executive who has successfully built enterprise class software businesses, many with revenue exceeding $100 million, throughout his career. He was a co-founder and CEO of Greenplum, which delivers large scale data warehousing solutions using open-source software on commodity hardware. Greenplum was recently acquired by EMC.

Assurance is headquartered in Louisville, CO and is backed by some of the industries greatest luminaries.