Diomede's New Cloud Storage Service Saves IT Departments, Datacenters and Software Publishers 80 Percent on Outsourced Storage

November 2, 2009

Diomede Storage focused on saving companies money while reducing carbon emissions and increasing data security 'in the cloud'

SAN FRANCISCO, Nov. 2 /PRNewswire/ -- Diomede Corporation, a privately funded cloud storage service provider, announced its newest version of Diomede Storage (www.diomedestorage.com). The horizontal solution is feature-rich, triple-redundant, energy-efficient and saves users about 80 percent of the usual cost associated with storing large amounts of data offline.

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Diomede Storage is five times less expensive than its leading brand name competitor and about 60 times more energy efficient than traditional storage systems, which are inherently huge consumers of energy. Diomede estimates that about 526 pounds of CO2 emissions are eliminated by moving just one terabyte of data from a service such as Amazon S3 to Diomede Storage.

Many technology, service provider and financial services companies are doing business "in the cloud" and need to store and backup large amounts of data. Diomede recognized that the data storage options for these companies are cost prohibitive for larger data sets and provide most companies with one of two bad choices -- pay too much or store their mass amounts of data in-house on their own devices.

"Our competitors are cheap to start, but very expensive when a company has to scale up its storage needs" said Steve Iverson, CEO for Diomede. "Plus we find our customers really like the fact that our storage solution doesn't add to the global warming problem by using exorbitant amounts of energy and emitting harmful emissions like other storage solutions do."

The cost of Diomede Storage is $0.03/GB per month (including triple-redundancy) and is available at www.diomedestorage.com. More information about Diomede Storage and how its energy-efficient data storage solutions can reduce costs is available by calling 415-963-4112.

Diomede's CEO, Steve Iverson, has been a technology entrepreneur for 10 years, starting his first company at the San Diego Technology Incubator. Diomede is Iverson's third company since graduating college in 1998.

About Diomede Corporation

Diomede, founded in 2007, is a San Francisco-based privately held company with offices in San Diego and San Francisco. Diomede Corporation's flagship service is Diomede Storage, a green, energy-efficient, patent-pending cloud storage service. It stores data using methods that are 60 times more energy efficient than traditional storage systems, which historically have been huge consumers of natural resources and harmful to the environment. Diomede Storage reduces off-site storage costs, power consumption and emissions, while increasing security and scalability. Diomede serves corporate IT departments, independent software vendors, high-tech startups, as well as datacenters offering managed storage solutions. For more information, call 415-963-4112 or email steve@diomedestorage.com. On the Net: www.diomedestorage.com.

SOURCE Diomede Corporation