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News & Events

Imation Continues to Build Momentum in Data Storage and Security Solutions Marketplace

Mission of storing, protecting and connecting high-value data, embodied through new Secure Data Movement Architecture, resonates with partners and end users

OAKDALE, Minn.--(BUSINESS WIRE)--Apr. 20, 2015-- Imation (NYSE:IMN), a global data storage and information security company, today announced that its ongoing efforts to generate accelerated momentum in its storage and security solutions are delivering results. It launched its Secure Data Movement Architecture™ (SDMA™) in the first quarter, giving organizations a holistic approach to actively manage their high-value data files and protect them from tampering, destruction, loss or leakage through their entire lifecycle.

“We purchased the Nexsan and IronKey™ businesses more than two years ago to drive an innovative secure storage solutions offering in data storage and security and take a step forward in our overall strategic plan,” said Mark Lucas, CEO of Imation. “The investments we’re making into the key security and storage platforms we acquired have begun to build momentum and deliver results, thanks to the vision, hard work and dedication of our team and our products’ abilities to solve real problems and deliver a strong return on investment in the marketplace.”

“The marketplace is looking for true data storage and security solutions – not just point products that can deliver a certain standard of performance or capacity, but solutions that solve and deliver value against today’s most pressing IT challenges, including a mobile workforce,” said Ian Williams, president of tiered storage and security solutions at Imation. “As a result, we’ve purpose-built our Nexsan and IronKey product families and unveiled SDMA to deliver solutions for a wide variety of organizations across a wide range of IT needs including backup, archive, mobility and security.”

Imation has experienced recent success, and carries momentum into the coming quarters:

  • Revenue from storage and security solutions showed year-over-year growth in the fourth quarter of 2014 and is expected to achieve double-digit year-over-year growth in Q1 2015.
  • During the last 12 months, the company added approximately 800 new customers for its Nexsan portfolio of solutions and 200 customers for its IronKey business, including 13 Fortune 100 companies and five large federal government agencies in the United States and other countries.
  • Imation focused on increasing market penetration in high-growth markets including media and entertainment (M&E), healthcare, education, and digital video surveillance with customers such as: Chesapeake Systems; McKesson; University of California, Los Angeles (UCLA); and Utah Transit Authority.
  • Imation continued its rapid expansion in its M&E partnerships, including axle Video, Bright Technologies, Hexaglobe, SVG and many other leading M&E solutions organizations.
  • The company launched its Secure Data Movement Architecture™ (SDMA™) in the first quarter to assist mid-sized organizations with safeguarding their high-value data.

Imation’s SDMA gives organizations a holistic approach to actively manage their high-value data files and protect them from tampering, destruction, loss or leakage through their entire lifecycle. SDMA empowers end users to manage their own policy for protecting their high-value data in addition to enabling organizational control and management policies. It also addresses the need to safeguard data files throughout the data lifecycle.

For more information on Imation’s storage and security solutions, visit www.imation.com.

About Imation
Imation (NYSE: IMN) is a global data storage and information security company. Our products and solutions help organizations and individuals store, manage and protect their digital content. Imation’s storage and security portfolio includes Nexsan high-density, archive and solid-state optimized unified hybrid storage solutions; IronKey™ mobile security solutions that address the needs of professionals for secure data transport and mobile workspaces; and consumer storage solutions, audio products and accessories sold under the Imation, Memorex and TDK Life on Record brands. Imation reaches customers in more than 100 countries through a powerful global distribution network. For more information, visit www.imation.com.

Risk and Uncertainties
Certain information contained in this press release, which does not relate to historical financial information may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties that could cause our actual results in the future to differ materially from our historical results and those presently anticipated or projected. We wish to caution investors not to place undue reliance on any such forward-looking statements. These risks and uncertainties include the risk factors and other cautionary statements described in the Company’s filings with the SEC, including those described in the Risk Factors section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014. Any forward-looking statements speak only as of the date on which such statements are made, and we undertake no obligation to update such statements to reflect events or circumstances arising after such date.

Follow @Nexsan and @ironkeysecurity on Twitter.

Imation, the Imation logo, Nexsan, the Nexsan by Imation logo, IronKey, NST, FASTier, E-Series, Assureon and Memorex are trademarks of Imation Corp. TDK Life on Record is a trademark of TDK Corporation and is used under license. All other trademarks are property of their respective owners.

Source: Imation Corp.

For Imation Corp.
Jason Sprenger, 612-327-1886
jsprenger@gamechangercommunications.com

VeeamON 2015

October 26-29, 2015: Las Vegas, NV

Imation Issues Letter to Shareholders Regarding Upcoming Annual Meeting

Shareholders Have A Clear Choice: Imation’s Board’s Full Commitment to the Fulsome Strategic Alternatives Process Underway to Maximize Value for ALL Shareholders Versus The Clinton Group’s Undefined and Potentially Self-Serving Scheme

Urges Shareholders to Vote FOR the Company’s Director Nominees on the WHITE Proxy Card

OAKDALE, Minn.--(BUSINESS WIRE)--Apr. 10, 2015-- Imation (NYSE:IMN) (the “Company”), a global data storage and information security company, today announced that it has mailed a letter to shareholders in connection with the Company’s 2015 Annual Meeting of Shareholders, scheduled for May 20, 2015. The Imation Board of Directors unanimously recommends that shareholders vote the WHITE proxy card FOR the Company’s three highly qualified and experienced director nominees: Mark E. Lucas, L. White Matthews, III and David B. Stevens.

The full text of the letter follows:

April 10, 2015

Dear Fellow Shareholder:

We are writing to you today regarding Imation Corp.’s (“Imation” or the “Company”) upcoming Annual Meeting of Shareholders, which will be held on May 20, 2015. At this meeting you will be asked to make an important decision regarding the future of Imation. We urge you to protect the value of your investment by voting on the enclosed WHITE proxy card “FOR” our experienced and highly qualified Director nominees: Mark E. Lucas, L. White Matthews, III and David B. Stevens.

The Imation Board of Directors (the “Board”) and management team are firmly committed to further improving the Company’s operating and financial results and delivering short and long-term shareholder value by making us a stronger, leaner and more focused organization. To achieve this, our primary focus is completing Imation’s strategic evolution to become a pure-play, global leader in data-storage and security solutions. Since 2012, this transformation has involved a major restructuring to create two distinct business units, critical acquisitions to strengthen our storage and security platforms, aggressive downsizing to divest non-core businesses and significant cost reductions through streamlined operations. Imation has made significant progress towards our goal of driving revenue growth in our Tiered Storage and Security (TSS) business and delivering continued positive operating cash flow in our legacy optical tape and media businesses.

As part of the Board and management team’s efforts to deliver value to our shareholders, we are also evaluating a full range of potential scenarios to maximize the value of your investment. In particular, we are working with our financial adviser, Houlihan Lokey, to explore additional options to unlock value embedded within our TSS and Consumer Storage and Accessories (CSA) business units. Once the process is complete, we look forward to sharing the results and our recommendations with you. We believe it is imperative to allow this process to continue unimpeded to explore all the value-enhancing options available to the Company.

Your Board is, and has been, committed to change – from leading a fundamental transformation of Imation’s business model, to fully exploring all of the Company’s strategic alternatives, to significantly refreshing the Board, with one-third of the Directors having been appointed in the last eight months and 80% of the independent directors being added since March 2012. Maintaining the current composition of your Board is vital to ensure the strategic actions being undertaken continue to progress.

Importantly, your Board is aligned with the interests of ALL shareholders. Therefore, it is critical not to allow the considerable progress your Company has achieved over the past three years to be destroyed by nearsighted individuals with self-serving interests who offer NO SPECIFIC PLAN for Imation’s future or any way to create value for shareholders other than The Clinton Group (“Clinton”) and its affiliates.

Your Board has, and shareholders should have, serious concerns regarding Clinton’s intentions. Clinton’s preliminary proxy statement offers no specific plan for enhancing shareholder value and suggests that it may take steps in the future that your current Board and management have already taken or are in the process of implementing. It appears that Clinton may be seeking to use Imation as its acquisition roll up vehicle. Clinton has provided no discussion of what this acquisition “plan” would entail – what would be the targets, pricing, size and financing (including potentially diluting equity issuances)? We find it very troubling that Clinton will only do its due diligence on the Company after it obtains control of the Board. You should know that the Board offered Clinton the opportunity to enter into a customary confidentiality agreement without any standstill provisions that would allow Clinton to more fully understand the complexities of the Company and the benefits of the Board’s strategic plan, but Clinton refused. We are also particularly concerned that Clinton’s plans for the Company could involve ROI Acquisition II, a blank check acquisition vehicle affiliated with Clinton discussed below.

We believe the experience and expertise of your current Directors will be drivers of Imation’s future success. As such, the Board unanimously recommends that shareholders vote the WHITE proxy card to elect ALL THREE of our Director nominees. We strongly urge you not to sign or return any gold proxy card sent to you by Clinton.

YOUR BOARD AND MANAGEMENT TEAM HAVE POSITIONED IMATION

TO BECOME A PURE-PLAY, GLOBAL LEADER IN DATA-STORAGE AND

SECURITY SOLUTIONS THAT IS POSITIONED TO DELIVER SUBSTANTIAL

GROWTH AND SHAREHOLDER VALUE

Imation is a global data storage and data security company with two customer-centric business units: TSS and CSA. Our products and solutions help organizations and individuals store, manage and protect their digital content. We have well-recognized brands, a compelling product line and innovative technology platforms that reach customers in more than 100 countries through our powerful international distribution network. We have a long history as an innovator, and we continue to launch new products that allow large enterprises and individual consumers alike to seamlessly store, secure and access their data. Consistently providing our customers with high quality products and solutions that provide peace of mind is at the core of what we do. To help ensure Imation’s future success we are leveraging the strong cash flows generated by our legacy tape and optical businesses to invest in our higher margin data storage and retail storage business to set the table for ongoing growth.

YOUR BOARD IS LEADING A FUNDAMENTAL TRANSFORMATION OF IMATION’S BUSINESS MODEL – AND THE RESULTS HAVE SHOWN REAL PROGRESS

We have made significant strides towards achieving our goal and look forward to continuing this positive momentum under our existing Board. Among our recent achievements to support future profitable growth, we:

  • Managed Cash Flow: Having taken out more than $100 million in legacy costs since the beginning of our multi-year evolution, we worked to further solidify our balance sheet in 2014. In addition to improving gross margins companywide, we closed the year with almost $115 million in cash and generated positive cash flow for the third and fourth quarters.
  • Stimulated Growth: We have established Storage and Security Solutions as a significant growth business through a series of strategic acquisitions and the introduction of new products; after posting sequential gains in the second and third quarters of 2014, this unit then reported year-over-year (as well as sequential) revenue increases in the fourth quarter.
  • Drove Efficiencies Across the Organization: A top priority was to carefully manage our legacy media businesses to maximize cash generation to invest in our growth agenda.
  • Invested in Innovation: Our teams launched new, higher margin data storage and retail storage products to set the table for ongoing growth. These products include the IronKey™ Enterprise H300 USB 3.0 Hard Drive and the NST™2000 and NST4000 storage solutions as part of the Nexsan™ family, and different combinations of our products can be offered as part of our Secure Data Movement Architecture (SDMA). We are also highly encouraged by the additional Fortune 500 customers certifying our PC-On-A-Stick™ devices using Microsoft Windows to Go. We believe Microsoft’s expected release of Windows 10 later this year will be a catalyst for driving our PC-On-A-Stick revenues. Our Storage and Security Solutions revenue in the fourth quarter of 2014 was $36.9 million, up from $33.5 million in the fourth quarter of 2013, and we expect it to continue to grow in 2015.
  • Strengthened our Nexsan Sales and Engineering Teams: To develop incremental business in Europe and Asia, as well as engineering resources to expand our product portfolio, we added data storage talent to Nexsan, one of our priority growth businesses. These efforts showed positive results, as we posted both sequential and year-over-year revenue growth in the brand.

Your Board and management team are laser focused on creating superior value for ALL Imation shareholders. We have taken, and will continue to take, the necessary steps to drive high performance and long-term profitable growth across our business segments. Despite repeated requests, Clinton has failed to offer any compelling insights or recommendations as to how it intends to increase shareholder value. The “plan” presented in its preliminary proxy, which appears to involve using Imation to launch an undefined and potentially expansive acquisition strategy at your risk and expense, has further reinforced our belief that Clinton is seeking to gain control of your Board to advance its own self-serving agenda.

YOUR BOARD IS HIGHLY QUALIFIED AND INDEPENDENT, WITH SIGNIFICANT RELEVANT EXPERIENCE TO OVERSEE THE SUCCESSFUL COMPLETION OF IMATION’S STRATEGIC TRANSFORMATION

The composition of your Board is something we take very seriously, and we believe the experience, expertise and lack of self-interest of your current Directors is essential to completing Imation’s strategic transformation. We have taken careful measures to add individuals to our Board who have direct relevant experience and stature, which is reflected in the appointments of Dr. Geoff Barrall and Tony Brausen within the last eight months. Together, these highly qualified individuals have brought an intimate understanding of the storage landscape, deep operational experience and broad-based finance and management experience, which will continue to prove invaluable to the Company moving forward. It is also important to note that more than 50% of Imation’s business is derived through the retail channel, so the Board needs relevant representation for oversight of this business in addition to strictly commercial data storage channels. Your Board is committed to bringing in fresh perspectives, and its current Director nominees fulfill the essential requirements for effective governance of a global organization that is undergoing a highly strategic transformation and a fulsome strategic alternatives review process.

Your Board’s nominees have the right experience to oversee the ongoing execution of Imation’s current strategy and enhance shareholder value:

  • Mark E. Lucas is Imation’s President and Chief Executive Officer, and has helped to orchestrate and oversee the Company’s strategic transformation. He brings to Imation extensive commercial and consumer trade channel experience and a strong international business background. These are important attributes as the majority of Imation’s revenue is derived from these channels and more than 50% of its business is done outside the U.S. Mr. Lucas’ in-depth knowledge of Imation’s operations provides the Board with detailed and specific insight that is essential for effective operation and governance of the Company. Prior to joining Imation in 2009, Mr. Lucas served as Chief Executive Officer of Geneva Watch Group and Altec Lansing Technologies and oversaw their corporate turnarounds.
  • L. White Matthews, III has extensive knowledge of Imation through his tenure as Non-Executive Chairman. He brings to Imation valuable corporate governance experience having served on the Board of several public and privately-held companies. Mr. Matthews has played a key role in refreshing Imation’s Board with new, proven talent to further advance the Company’s strategic transformation. As an established financial leader who has held a variety of executive positions, Mr. Matthews has led several divestitures, acquisitions and restructuring activities across multiple industries.
  • David B. Stevens brings over 20 years of experience in the enterprise networking, security and data storage industries to Imation’s Board. He was specifically recruited to join the Board for his broad knowledge and expertise in the data storage industry and his intimate understanding of its competitive landscape. He most recently served as Chief Technology Officer and Vice President of Corporate Development at Brocade Communications Systems, Inc. Prior to his tenure at Brocade, Mr. Stevens held leadership positions and was highly involved in the successful growth of Nortel, Bay Networks and SynOptics Communications. Mr. Stevens’ knowledge of the competitive framework in the data storage and security markets has been, and will continue to be, highly valuable to Imation.

Your Board believes that its range of skills and track record demonstrate its proficiency in all key aspects of the business. Clinton’s slate of director nominees has no significant experience leading the operations or strategic direction of a public company and lacks deep institutional knowledge of your Company. Your Board urges you to protect the value of your investment – DO NOT let Clinton supplant your highly qualified Directors with inexperienced individuals who prioritize their interests over those of all shareholders.

WE BELIEVE CLINTON IS SEEKING TO TAKE CONTROL OF YOUR COMPANY

FOR THEIR OWN BENEFIT

Clinton has submitted a slate of nominees that do not know Imation and is attempting to gain control of your Company without paying any control premium to pursue its own, undefined, self-interested goals. Equally as egregious, Clinton intends for its nominees to assume executive roles with compensation they will determine.

You should be aware that Clinton owns just over 3% of your Company, and has only owned the stock for approximately 6 months. Clinton is seeking more than disproportionate influence over Imation’s direction without offering a legitimate plan for our future or any way to create value for you. Clinton initially approached the Company demanding three Board seats without ever discussing its plans and proposal with the Company – Clinton expected the Company to simply hand over half of the Board seats to its nominees without providing the Company any opportunity to discuss Clinton’s plans and proposal in a reasonable and appropriate manner. In fact, the first time the Company was provided an opportunity to review the broad outlines of Clinton’s so-called “plan” was when all shareholders were provided the opportunity – the filing by Clinton of its preliminary proxy statement with the Securities and Exchange Commission. Since that time, our efforts to reach a settlement with Clinton have only reinforced our belief that their goal is to control the Company through its Board governance structure.

The unnecessary proxy contest Clinton has launched severely risks disrupting our progress towards maximizing shareholder value if they change control of your Board. You can prevent this from happening by voting the WHITE proxy card “FOR” our experienced and highly qualified Director nominees: Mark E. Lucas, L. White Matthews, III and David B. Stevens.

Clinton seeks to replace your highly qualified Directors with three individuals with highly questionable backgrounds that should raise serious concerns. Based on our extensive due diligence, we do not believe these individuals possess the necessary credentials or track records to serve on your Board:

Robert Fernander has NO public company experience and left his executive post at his former company, Gnodal, under highly suspicious circumstances. Curiously, Mr. Fernander left Gnodal in March 2013, just six months before the company filed for bankruptcy. We find it highly disingenuous that, in its early communication with Imation stating its intent to nominate a slate of director candidates, Clinton implied that Mr. Fernander had successfully positioned Gnodal to be acquired by UK-based supercomputer company, Cray. In reality, Cray purchased assets of Gnodal once it had already entered into receivership. This is a blatant mischaracterization of the value, or lack thereof, that Mr. Fernander delivered to Gnodal’s investors.

Barry Kasoff is marketed as a “restructuring specialist,” yet his tenure on the Board of Directors of EveryWare Global (NASDAQ GM: EVRY), alongside his fellow nominee and Clinton Senior Portfolio Manager Joseph De Perio, would suggest otherwise. For your reference, Mr. Kasoff and Mr. De Perio joined EveryWare’s Board after the company was purchased in May 2013 by ROI Acquisition, a blank check company established by Clinton. Approximately a year after Mr. Kasoff and Mr. De Perio joined the Board, EveryWare’s stock plummeted 91% to $0.90 per share. Over the course of this remarkable destruction of value, EveryWare shut down two factories, defaulted on a loan and furloughed workers. Is this the type of future we want for Imation?

As mentioned earlier in this letter, Clinton and Mr. DePerio formed another blank check company, ROI Acquisition II, which needs to identify an acquisition target by September 20, 2015. If they do not find a company to acquire, they will have to return the money raised to shareholders. Mr. DePerio is the President and Vice Chairman of the Board of ROI Acquisition II, and George Hall, the Founder, Chief Executive Officer and Chief Investment Officer of Clinton, is the Chief Investment Officer and a Director of ROI Acquisition II. Our duties as Imation Directors require us to question Clinton’s true intentions and closely scrutinize their “plan” to enhance the value of our Company. Is Clinton attempting to change control of Imation in order to allow this blank check vehicle to acquire Imation or any of its businesses and thereby advance its own agenda, while in the process stripping you of the opportunity to participate in Imation’s future potential upside or receive higher offers?

There is more to be concerned about. Mr. De Perio’s consistent track record of shareholder value destruction does not end at EveryWare. After Clinton assisted Overland Storage Inc. (NASDAQ: OVRL) in raising capital through a private placement in March 2011, Mr. De Perio was granted a seat on the company’s Board of Directors. At the time of his appointment, Overland’s stock was trading at $11.50 per share. By December 2, 2014, the company’s final day of trading before being acquired by Sphere 3D, Overland’s stock price had fallen to $3.48 per share, a decrease of almost 70% from when Mr. De Perio joined the Board. During this downward spiral, Overland shares came close to NASDAQ de-listing on multiple occasions, using stock splits and last minute capital infusions to avoid delisting.

IMATION HAS ATTEMPTED TO AVOID A DISRUPTIVE PROXY CONTEST;

CLINTON IS INTENT ON A FIGHT AT ALL COSTS

Consistent with our culture of open shareholder engagement and good corporate governance, your Board has attempted to engage Clinton in discussions to solicit its input. After turning down Imation’s original settlement proposal, Clinton initially indicated that they would enter into a confidentiality agreement with the Company before ultimately refusing to do so. We thought that such an agreement could have furthered our efforts to resolve Clinton’s concerns without the need for a costly, disruptive proxy contest and did not include standstill provisions.

Unfortunately, Clinton countered with an unrealistic offer that was nothing more than a thinly veiled attempt for them to gain control of the Company. They demanded, among other things, that two of the current Directors be replaced with two Clinton Directors, Mr. De Perio and Mr. Fernander, and that Mr. De Perio be named Non-Executive Chairman of the Board. In addition, Mr. De Perio demanded that he and Mr. Fernander be named to chair and to constitute a majority of four Board committees: the Compensation Committee, the Nominating and Governance Committee, a new Alternatives and Capital Allocation Committee that would oversee Imation’s current review of strategic alternatives and the execution of any restructuring alternatives, and a new Disk Storage Committee to oversee the strategy and management of the Company’s Nexsan, Ironkey and mobile security businesses.

Given the fact that Clinton has an ownership interest in the Company of just over 3% and that they lack a demonstrable plan to increase shareholder value, the Board reviewed Clinton’s proposal and determined it would be unwise to allow them such control over the Board’s governance structure and processes, including critical processes involving Imation’s review of strategic alternatives and future direction. The Board offered a counterproposal giving Clinton the opportunity to name one director to replace one of the existing Directors on the Imation Board and to add a new independent director agreed upon by both Imation and Clinton. This counterproposal was immediately rejected by Mr. De Perio.

Showing an unwillingness to enter into any form constructive dialogue with the Company, Clinton has instead elected to pursue a costly and distracting proxy contest. We fear this will prove to be highly disruptive, both to our normal business operations and current comprehensive and independent review of strategic alternatives. If Clinton’s objective is to acquire a part or all of Imation, we urge them to participate in the strategic considerations process as prospective buyers, competing with other prospective buyers in a fair process designed to maximize the value for all shareholders.

Again, it is our firm belief that Clinton has NO real strategy other than to change control of your Board to pursue its own interests. Rather than improving the fundamental foundation on which the long-term value for all shareholders rests, they are focused on their own personal agenda. Conversely, your existing Board is actively engaged in the oversight of the Company’s strategy and is committed to delivering results while serving the best interests of all Imation’s shareholders. The recent announcement that the Board is exploring ALL strategic alternatives is a critical example of that oversight and commitment. Your Board and management have the commitment and strategy to enhance value for ALL shareholders, and not a select few.

PROTECT THE FUTURE OF IMATION:

PLEASE VOTE THE WHITE PROXY CARD TODAY

We believe Imation shareholders can protect the value of their investment by voting “FOR” our experienced and highly qualified Director nominees: Mark E. Lucas, L. White Matthews, III and David B. Stevens.

Your vote is extremely important, no matter how many or how few shares you own. We urge you to vote today by telephone, online, or by signing and dating the enclosed WHITE proxy card and returning it in the postage-paid envelope provided. Please do NOT return or otherwise vote any gold proxy card sent to you by Clinton. If you have previously submitted a gold proxy card sent to you by Clinton, you can automatically revoke it by signing, dating and returning the enclosed WHITE proxy card in the accompanying envelope. We appreciate your continued loyalty and support. If you have any questions or need assistance voting your shares, please contact our proxy solicitor, Innisfree M&A Incorporated toll-free at (877) 717-3898.

We are extremely honored to serve on behalf of you, our shareholders. Your Board and management team are committed to acting responsibly and to maximizing the value of your investment.

On behalf of the Board, thank you for your continued support.

Sincerely,
 
L. White Matthews, III
Non-Executive Chairman of the Board
 
Mark E. Lucas
President and Chief Executive Officer

REMEMBER:

You can vote your shares by telephone or via the Internet.

Please follow the easy instructions on the enclosed proxy card.

If you have any questions or need assistance in voting

your shares, please call our proxy solicitor,

INNISFREE M&A INCORPORATED

TOLL-FREE, at 1-877-717-3898.

Source: Imation

Imation Corp.
Scott Robinson, 651-704-4311
Email: srobinson@imation.com
www.imation.com

Imation Corp. Schedules 1st Quarter 2015 Financial Results Conference Call

OAKDALE, Minn.--(BUSINESS WIRE)--Apr. 8, 2015-- Imation Corp. (NYSE: IMN) is scheduled to release the Company’s first quarter 2015 financial results on Wednesday, May 6, 2015 at 6:00 a.m. Central time. A teleconference for the financial community and a live webcast are scheduled that day from 9:00 to 10:00 a.m. Central time. You may access the live webcast online at http://ir.imation.com.

A digital recording of this teleconference will be available for replay at 12:30 p.m. Central time on May 6, 2015 and will be accessible via the replay number listed below until 11:59 p.m. Central time on May 15, 2015. For your convenience, you will also be able to access the recording online at www.imation.com and www.streetevents.com.

Digital Recording Replay Number is:
855-859-2056 (Toll Free) or 404-537-3406
Conference ID # 22708755

All remarks made during the teleconference will be current at the time of the call and the replays will not be updated to reflect any subsequent developments.

About Imation
Imation (NYSE: IMN) is a global data storage and data security company. Our products and solutions help organizations and individuals store, manage and protect their digital content. Imation’s storage and security portfolio includes Nexsan high-density, archive and solid-state optimized unified hybrid storage solutions; IronKey mobile security solutions that address the needs of professionals for secure data transport and mobile workspaces; and consumer storage solutions, audio products and accessories sold under the Imation, Memorex and TDK Life on Record brands. Imation reaches customers in more than 100 countries through a powerful global distribution network. For more information visit www.imation.com.

Source: Imation Corp.

Imation Corp.
Investor Relations
Scott Robinson, 651-704-4311

Imation Launches Golden IronKey™ Program to Commemorate Two Million Devices Sold, Providing Enterprises and Government Agencies the World's Most Secure Flash Drive

1,000 Golden IronKey Encrypted Flash Drives to Be Awarded to Top Customers, Channel Partners and Prospects via Various Marketing Promotions

OAKDALE, Minn.--(BUSINESS WIRE)--Apr. 8, 2015-- Imation Corp. (NYSE: IMN), a global data storage and information security company, today announced the Golden IronKey program. In addition to providing enterprises and government agencies around the world with the industry’s most secure flash drive, IronKey has reached a major milestone with more than two million devices sold. To commemorate this milestone, IronKey is launching the Golden IronKey Program, which includes giving away 1,000 golden encrypted flash drives. The limited-edition golden drives will be awarded to top customers and to channel champions that have secured the biggest customer deals. The company will also be offering the special drives to qualified prospects who are participating in marketing promotions such as trade shows, CrowdChats and other marketing activities.

Limited Edition Golden IronKey Flash Drive (Photo: Business Wire)

Embedded systems security has come under scrutiny with the recent rise in USB-related attacks from BadUSB and the Equation Group. Both attacks altered devices at the firmware level, making them undetectable by normal antivirus and anti-malware software. IronKey has built its products with a security-first mentality that includes both the hardware and firmware. This discipline includes standard features such as firmware signing, which protects all IronKey devices against malware, physical tampering and advanced threats such as BadUSB and the Equation Group.

“We’ve earned the trust of our customers and partners in more than 50 countries by securing them against the risks that arise when unsecured USB drives are allowed inside the network,” said Barbara Nelson, general manager and vice president of Imation Mobile Security (IronKey). “The Golden IronKey program was developed to honor their vision and understanding of the risks as well as to raise general industry awareness and to help companies avoid falling victim to the next Equation Group.”

IronKey will start promotions in April and continue while supplies last. For a list of upcoming events and promotions and a chance to receive a Golden IronKey, please visit the IronKey Website. Also feel free to join the conversation: #goldenironkey.

About Imation Corp.
Imation is a global data storage and information security company. Our products and solutions help organizations and individuals store, manage and protect their digital content. Imation’s storage and security portfolio includes Nexsan™ high-density, archive and solid-state optimized unified hybrid storage solutions; IronKey mobile security solutions that address the needs of professionals for secure data transport and mobile workspaces; and consumer storage solutions, audio products and accessories sold under the Imation™, Memorex™ and TDK Life on Record brands. Imation reaches customers in more than 100 countries through a powerful global distribution network. For more information, visit www.imation.com.

Imation, the Imation logo, IronKey, the IronKey logo, Nexsan and Memorex are trademarks of Imation Corp. and its subsidiaries. TDK Life on Record is used under a trademark license from TDK Corporation. All other trademarks are property of their respective owners.

Source: Imation Corp.

TRAINER COMMUNICATIONS for Imation
Justin Gillespie, 925-271-8215
ironkey@trainercomm.com

Imation to Showcase Ultra-Efficient Media and Entertainment Storage Solutions at NAB Show

Imation’s Nexsan™ NST2000 delivers next-generation hybrid caching technology with Fibre Channel to mid-sized organizations, delivering fast, secure workflow from ingest to archive

OAKDALE, Minn.--(BUSINESS WIRE)--Apr. 7, 2015-- Imation (NYSE:IMN), a global data storage and information security company, today announced that its recently introduced Nexsan NST2000 hybrid storage appliance will be generally available to the market beginning at next week’s NAB Show in Las Vegas. The NST2000 is a new ultra-efficient hybrid storage appliance purpose-built for media and entertainment and data protection workloads that will deliver Fibre Channel connectivity and all the benefits of hybrid storage to mid-sized organizations. It will be available for viewing and demonstration at Imation’s booth #SL15513 from April 13-16 during show exhibition hours.

“The NST2000 is perfect for organizations producing and delivering rich media, and who want to do more sharing and collaborating with their digital media workflows,” said Mike Stolz, vice president of marketing and technical support for Imation’s Nexsan solutions. “These organizations now can deploy hybrid storage, realize new levels of performance and much more – all at a price point that was previously inaccessible to them given their limited budgets and resources. We’re excited to help them drive toward a more sophisticated working environment and higher capacity workloads.”

In addition to showcasing the NST2000, Imation will feature several media and entertainment partner solutions during NAB:

  • A media asset management solution combining the NST2000 and axle Video’s Gear, which users can deploy to master their media collections;
  • A 2K/4K post-production storage solution combining Imation’s Nexsan E60VT storage solution and Bright Technologies’ Procyon media workflow solution;
  • A low-latency connectivity solution delivering high performance for Mac users, combining Imation solutions and technology from ATTO;
  • An ultra-efficient broadcast content production and delivery solution combining Imation’s Nexsan NST4000 and leading telecommunications technology from Hexaglobe.

The NST2000 delivers a powerful yet simple to deploy and manage hybrid storage solution using the latest high-performance technologies, and provides the scalability and flexibility to meet the needs of organizations that continue to rapidly add new applications to their environments. With an intelligent hybrid caching layer, NST2000 is optimized for media and entertainment workflows, data protection strategies and mixed application workloads. NST2000 also is ideal for organizations looking to strategically move toward hybrid storage and take advantage of the new levels of performance, availability and reliability it can deliver.

Imation’s Nexsan NST™ is a set of flexible hybrid storage appliances that scale to meet application and storage needs with unified NAS and SAN access capabilities in a single solution. Other product lines in Imation’s deep Nexsan portfolio of purpose-built storage solutions are:

  • Imation’s Nexsan E-Series™ is a family of high-density, high-performance and highly reliable storage solutions that can be directly attached or networked to workstations and servers.
  • Imation’s Nexsan Assureon™ is a set of secure storage solutions that reduce storage cost by offloading and deduplicating data from primary storage that is infrequently used or has aged by policy.

For more information on Imation’s Nexsan storage solutions, visit https://www.imation.com/en/nexsan/assureon/.

NAB Show is the world's largest electronic media show covering the creation, management and delivery of content across all platforms. With more than 98,000 attendees from 150 countries and 1,600+ exhibitors, NAB Show is the ultimate marketplace for digital media and entertainment. From creation to consumption, across multiple platforms and countless nationalities, NAB Show is home to the solutions that transcend traditional broadcasting and embrace content delivery to new screens in new ways. For complete details, visit www.nabshow.com.

About Imation
Imation (NYSE: IMN) is a global data storage and information security company. Our products and solutions help organizations and individuals store, manage and protect their digital content. Imation’s storage and security portfolio includes Nexsan high-density, archive and solid-state optimized unified hybrid storage solutions; IronKey™ mobile security solutions that address the needs of professionals for secure data transport and mobile workspaces; and consumer storage solutions, audio products and accessories sold under the Imation, Memorex and TDK Life on Record brands. Imation reaches customers in more than 100 countries through a powerful global distribution network. For more information, visit http://www.imation.com.

Follow @Nexsan on Twitter.

Imation, the Imation logo, Nexsan, the Nexsan by Imation logo, NST, E-Series, Assureon, IronKey and Memorex are trademarks of Imation Corp. TDK Life on Record is a trademark of TDK Corporation and is used under license. All other trademarks are property of their respective owners.

Source: Imation Corp.

For Imation Corp.
Jason Sprenger, 612-327-1886
jsprenger@gamechangercommunications.com

Imation Lock & Key to Safeguard Storage from Unauthorized Access

Lock & Key is part of Imation’s recently announced Secure Data Movement Architecture (SDMA™), which offers organizations a holistic approach to manage and protect high-value data from tampering, destruction, loss or leakage

OAKDALE, Minn.--(BUSINESS WIRE)--Mar. 24, 2015-- Imation (NYSE:IMN), a global data storage and information security company, today announced it has introduced Imation Lock & Key – a new solution that adds an additional layer of security to data storage environments and protects high-value data files from internal and external threats. Lock & Key provides advanced two-factor authentication for storage administrators, ensuring lock-down access to storage systems and allowing organizations to enhance their security strategies. Lock & Key solutions will be made generally available for purchase in June 2015 for use with Imation’s Nexsan Assureon™ secure archive solutions.

Lock & Key is a component of Imation’s Secure Data Movement Architecture (SDMA™). Through Lock & Key, organizations can enhance their security strategies by requiring a second factor of authentication for storage administrators to gain access to storage systems. No matter where they are, administrators will be able to access a secure management user interface for one or more of Imation’s Nexsan storage systems using their access credentials and a paired, encrypted and tamper-resistant IronKey™ secure storage flash drive. Lock & Key solutions are easily deployed in plug-and-play fashion, and can be centrally controlled and administered by anyone in an organization’s IT team who has the required access privileges.

“We recently introduced our SDMA architecture to provide organizations with the most comprehensive and innovative framework to safeguard and protect their most important information assets anywhere and anytime,” said Mike Stolz, vice president of marketing and technical support for Imation’s Nexsan solutions. “An important element of this framework is the ability to ensure secure access to storage systems and keep data from being stolen, destroyed or illegally accessed. Lock & Key delivers the solution to these problems by adding extra layers of security to block unauthorized access and tampering of storage systems and their digital content.”

Imation’s SDMA gives organizations a holistic approach to actively manage their high-value data files and protect them from tampering, destruction, loss or leakage through their entire lifecycle. SDMA empowers end users to manage their own policy for protecting their high-value data in addition to enabling organizational control and management policies. It also addresses the need to safeguard data files throughout the data lifecycle.

Lock & Key builds upon the core capabilities for SDMA and high-value data protection found within Imation’s Nexsan Assureon Secure Archive and IronKey Secure Storage solutions that are in use today. Assureon provides a comprehensive secure archive solution that protects and preserves high-value data, and IronKey mobile storage solutions enable users to securely access their workspaces and files remotely while adhering to corporate IT standards.

“Data is known to be quite vulnerable on users’ various end point devices and storage systems. It’s hard enough for IT to secure their own data centers, much less all of the places where users interact with their data,” said Marc Staimer, founder and president at Dragon Slayer Consulting. “Imation has innovated a way forward with Lock & Key and its Secure Data Movement Architecture – both of which have the potential to change the game in data storage and security in the coming months.”

"Over the last several years, data security has become a top concern of our customers. They are always looking for the best and most efficient ways to protect their critical data while evolving their data centers to accommodate changing user needs," said John Campbell Jr., principal at VitalNetix, an Imation partner based in Philadelphia. "Imation's Secure Data Movement Architecture is a significant step forward for the market in safeguarding high-value data, and we think elements like Lock & Key that add extra layers of security to data centers will be welcomed with open arms.”

With over fifty years of experience in protecting data for organizations around the world, Imation has a unique perspective to the risk organizations face in managing their data files. This legacy, along with a comprehensive secure product portfolio and over fifty data security patents and patents pending, demonstrate Imation’s mission of safeguarding data across today’s broader storage.

For more information on Imation’s Nexsan storage solutions, visit www.imation.com/en/nexsan.

About Imation
Imation (NYSE: IMN) is a global data storage and information security company. Our products and solutions help organizations and individuals store, manage and protect their digital content. Imation’s storage and security portfolio includes Nexsan high-density, archive and solid-state optimized unified hybrid storage solutions; IronKey™ mobile security solutions that address the needs of professionals for secure data transport and mobile workspaces; and consumer storage solutions, audio products and accessories sold under the Imation, Memorex and TDK Life on Record brands. Imation reaches customers in more than 100 countries through a powerful global distribution network. For more information, visit www.imation.com.

Follow @Nexsan and @ironkeysecurity on Twitter.

Imation, the Imation logo, Nexsan, the Nexsan by Imation logo, IronKey, Assureon and Memorex are trademarks of Imation Corp. TDK Life on Record is a trademark of TDK Corporation and is used under license. All other trademarks are property of their respective owners.

Source: Imation Corp.

For Imation Corp.
Jason Sprenger, 612-327-1886
jsprenger@gamechangercommunications.com

Imation Storage Solutions Channel Program Awarded 5-Star Rating in CRN’s 2015 Partner Program Guide

Annual guide recognizes the very best channel partner programs in the market

OAKDALE, Minn.--(BUSINESS WIRE)--Mar. 23, 2015-- Imation (NYSE:IMN), a global data storage and information security company, today announced it has been awarded a 5-Star rating in the CRN 2015 Partner Program Guide. The annual directory is the definitive listing of technology vendors that service solution providers or provide products through the IT channel. The 5-Star Partner Program rating recognizes an elite subset of companies that offer solution providers the best partnering elements in their channel programs.

The Imation Storage Solutions Channel Program has hundreds of active partners across three tier levels (Gold, Silver and Bronze) and market segments (specialties include backup, archive, compliance, cloud services, virtualization services and video surveillance). Imation invests substantially to support its entire network of channel partners, from qualified leads and comprehensive training to discount promotions and incentive programs. This year, Imation is especially focused on developing lead generation campaigns that are uniquely designed for target verticals and applications. For example, Imation’s generation strategy encompasses a sophisticated marketing automation program, vertically aligned marketing programs and an aggressive marketing development program. Imation’s sophisticated campaigns are then adapted for partners to utilize with their clients.

To determine the 2015 5-Star recipients, The Channel Company’s Research team assessed each vendor’s application based on investments in program offerings, partner profitability, partner training, education and support, marketing programs and resources, sales support and communication.

“Solution providers have a lot of choices when it comes to selecting vendor partners. Identifying the right vendor, with the right technologies, and the right approach can make all the difference,” said Robert Faletra, CEO of The Channel Company. “Our annual Partner Program Guide and 5-Star rating recognizes the best channel programs available in the market today to help solution providers determine which vendors deliver the best partner elements for their individual business goals.”

“Our channel partners are essential to our success, and our strong channel growth over the past year is a testament to their unique talents as well as the deep relationships and tight collaboration we have with them,” said Barbara Spicek, vice president of worldwide sales at Imation. “We give our partners an edge in the market, delivering cutting-edge products and services that store and protect their customers’ most critical data. We’ll continue to work with our partners to bring leading storage solutions that solve real business problems to the market.”

The 2015 Partner Program Guide will be featured in the April issue of CRN, and online at www.CRN.com. To learn more about the Imation Storage Solutions Channel Program, please visit https://www.imation.com/en/partners/.

About Imation

Imation (NYSE: IMN) is a global data storage and information security company. Our products and solutions help organizations and individuals store, manage and protect their digital content. Imation’s storage and security portfolio includes Nexsan high-density, archive and solid-state optimized unified hybrid storage solutions; IronKey™ mobile security solutions that address the needs of professionals for secure data transport and mobile workspaces; and consumer storage solutions, audio products and accessories sold under the Imation, Memorex and TDK Life on Record brands. Imation reaches customers in more than 100 countries through a powerful global distribution network. For more information, visit www.imation.com.

About The Channel Company

The Channel Company, with established brands including CRN®, XChange® Events, IPED® and SharedVue®, is the channel community's trusted authority for growth and innovation, For more than three decades, it has leveraged its proven and leading-edge platforms to deliver prescriptive sales and marketing solutions for the technology channel. The Channel Company provides Communication, Recruitment, Engagement, Enablement, Demand Generation and Intelligence services to drive technology partnerships. Learn more at www.thechannelcompany.com.

Follow @Nexsan on Twitter.

Imation, the Imation logo, Nexsan, the Nexsan by Imation logo, IronKey and Memorex are trademarks of Imation Corp. TDK Life on Record is a trademark of TDK Corporation and is used under license. All other trademarks are property of their respective owners.

Source: Imation

The Channel Company
Marc Courchesne, 508-416-1110
mcourchesne@thechannelcompany.com
or
For Imation
Jason Sprenger, 612-327-1886
jsprenger@gamechangercommunications.com

Imation Unveils Secure Data Movement Architecture - SDMA™ - Giving Organizations a Smarter, Safer and More Efficient Way to Protect High-Value Data Files

Imation’s SDMA offers organizations and users a holistic approach to manage and protect an organization’s most valuable data from tampering, destruction, loss or leakage

OAKDALE, Minn.--(BUSINESS WIRE)--Mar. 3, 2015-- Imation (NYSE:IMN), a global data storage and information security company, today announced it has unveiled its new Secure Data Movement Architecture (SDMA™) to give organizations a holistic approach to actively manage their high-value data files and protect them from tampering, destruction, loss or leakage through their entire lifecycle. SDMA empowers end users to manage their own policy for protecting their high-value data in addition to enabling organizational control and management policies.

High-value data is comprised of an organization’s critical data files that must be safeguarded from tampering, loss or corruption. According to IDC, 25.2 of the 37.4 exabytes of storage that was shipped worldwide in 2013, or 67 percent, was for the purposes of storing unstructured data files. Data files are being created by users, devices and sensors and are being copied and proliferated across multiple device types, including personal devices such as tablets and smart phones. But there are not any holistic approaches to protecting all of it. Traditionally, applications have provided sufficient protection for the structured data stored within an organization’s internal IT environment; however with the tremendous growth of unstructured data that is often accessed by client applications, this data has become vulnerable as it may unwittingly escape organizational control or be accessed, tampered with or stolen by unknown threats.

SDMA actively safeguards high-value data from hand to cloud and creation to destruction. It protects high-value data from loss, leakage, destruction or resurrection, and manages it through policy-based control and security. It also addresses the need to safeguard data files throughout the data lifecycle, including archive, remote workers, file sharing and collaboration, storage management and cloud and mobile device endpoints. SDMA protects high-value data throughout the broader information ecosystem by drawing upon core capabilities found within Imation’s Nexsan Assureon™ Secure Archive, IronKey Secure Storage and IronKey Workspace with Windows To Go solutions that are in use today. Assureon provides a comprehensive secure archive solution that protects and preserves high-value data. IronKey mobile storage solutions enable users to securely access their workspaces and files remotely while adhering to corporate IT standards, and IronKey Workspace with Windows To Go is a PC on a Stick™ that equips employees and contractors with a portable Windows 8.1 corporate image.

“Security and storage can no longer be siloed. Imation is introducing comprehensive and innovative protection for high-value data files,” said Ian Williams, president of tiered storage and security solutions at Imation. “Organizations can no longer throw additional point solutions and hardware at the problem – we must take a holistic approach to data loss and leakage issues. The Secure Data Movement Architecture solves these problems in a comprehensive way and provides a framework to protect important data files. No matter where a user is, how much data they create or what device or solution they use to create and house their data – SDMA is designed to safeguard their most important information assets with the utmost confidence.”

A recent Imation survey of end users revealed 70 percent did not classify high-value data, highlighting the organizational disconnect of protecting critical files. Organizations attempt to define or dictate policies or deploy point solutions in an attempt to regain control over their high-value data; this has only succeeded in frustrating and hampering the end user’s ability to do more with their data. End users want their data safeguarded, but they also want to be productive when they are away from the office or working with external contractors and consultants. When faced with cumbersome policies or solutions, end users either bypass them or limit their effort to the boundaries placed on them.

In addition, information technology and security professionals are increasingly challenged by the pace in which data files move both internally and externally. It’s hard for them to manage data across all of the physical and other storage devices that data lives on – personal computers, servers, mobile devices and/or the cloud – and to keep that data from being lost or stolen. These challenges only get more difficult as data growth continues to explode and more data files are seen as important or mission-critical business assets.

“SDMA really goes back to Imation’s roots of helping our customers store, protect and connect their information,” said Claude Farmer, vice president of engineering at Imation. “This is a holistic approach that will include components that empower organizations to protect and preserve files anywhere and anytime.”

“Imation’s Secure Data Movement Architecture is an emerging real-world solution to today’s unstructured data management challenge. Data growth continues at exponential rates, and this data is an attractive target for cybercriminals looking to score big. Despite their best efforts organizations remain vulnerable to many potential problems relating to storing and securing their most important data, which is one of the reasons information security is the most important IT priority for 2015¹,” said Terri McClure, senior analyst, ESG. “Imation is uniquely positioned to lead the way forward for the industry with its pedigree in storage and security, its Nexsan family of data storage solutions and its IronKey mobile security solutions.”

With over fifty years of experience in protecting data for organizations around the world, Imation has a unique perspective to the risk organizations face in managing their data files. This legacy, along with a comprehensive secure product portfolio and over fifty data security patents and patents pending, demonstrate Imation’s mission of safeguarding data across today’s broader storage.

"For the past 14 years we have been advising our customers on the best methods for protecting their critical data. With the ever-increasing amount of data our customers are managing, traditional data protection models are challenged to provide the necessary security and protection for their high-value data without a significant redesign," said Steve Bishop, CTO at VeriStor. "Leveraging Imation's Secure Data Movement Architecture to protect our customer's high-value data provides a holistic solution for the data loss and data leakage risks they face.”

For more information on Imation’s Nexsan storage solutions, visit www.imation.com/en/nexsan.

About Imation

Imation (NYSE: IMN) is a global data storage and information security company. Our products and solutions help organizations and individuals store, manage and protect their digital content. Imation’s storage and security portfolio includes Nexsan high-density, archive and solid-state optimized unified hybrid storage solutions; IronKey™ mobile security solutions that address the needs of professionals for secure data transport and mobile workspaces; and consumer storage solutions, audio products and accessories sold under the Imation, Memorex and TDK Life on Record brands. Imation reaches customers in more than 100 countries through a powerful global distribution network. For more information, visit www.imation.com.

Follow @Nexsan and @ironkeysecurity on Twitter.

Imation, the Imation logo, Nexsan, the Nexsan by Imation logo, IronKey, PC on a Stick, Assureon and Memorex are trademarks of Imation Corp. TDK Life on Record is a trademark of TDK Corporation and is used under license. All other trademarks are property of their respective owners.

¹ Source: ESG Research Report: 2015 IT Spending Intentions Survey, February 24, 2015

Source: Imation Corp.

For Imation Corp.
Jason Sprenger, 612-327-1886
jsprenger@gamechangercommunications.com

Imation Introduces the Nexsan™ Fibre Channel Hybrid Storage Appliance, Purpose-Built for Media and Entertainment and Data Protection Workloads

The NST2000 delivers next-generation hybrid caching technology to mid-sized organizations, fulfilling changing application and storage needs with new levels of performance, scalability and efficiency

LONDON--(BUSINESS WIRE)--Feb. 24, 2015-- Imation (NYSE:IMN), a global data storage and information security company, today at BVE 2015 in London introduced the Nexsan NST2000 – a new ultra-efficient hybrid storage appliance purpose-built for media and entertainment and data protection workloads that will deliver Fibre Channel connectivity and all the benefits of hybrid storage to mid-sized organizations. The NST2000 is only entry-level when it comes to its price point – it expands upon Imation’s Nexsan NST™ family of hybrid storage solutions, and will be spotlighted at Imation’s booth (M24) through the end of the show. It will be available in the second quarter.

The NST2000 delivers a powerful yet simple to deploy and manage hybrid storage solution using the latest high-performance technologies, and provides the scalability and flexibility to meet the needs of organizations that continue to rapidly add new applications to their environments. With an intelligent hybrid caching layer, NST2000 is optimized for mixed application workloads, media and entertainment workflows and data protection strategies. NST2000 also is ideal for organizations looking to strategically move toward hybrid storage and take advantage of the new levels of performance, availability and reliability it can deliver.

“Customers rely on Chesapeake Systems for our specialization in media, entertainment and broadcast workflows. As the industry moves toward more heterogeneous environments, it’s critical for hybrid storage options to be accessible to operations of all sizes,” said Nicolas Gold, chief revenue officer of Chesapeake Systems. “Imation’s Nexsan solutions – and specifically its NST2000 – bring the file and block services, hybrid efficiency, and redundancy for high availability inherent in high-end systems and make them more financially approachable for smaller operations. This is an excellent complement to the NST line, and we look forward to working more with Imation to help our customers realize these benefits.”

"Hybrid storage solutions could really revolutionize how video teams get their work done," said Sam Bogoch, CEO of axle Video. "Imation's Nexsan NST solutions are fast, flexible, dense and scalable. We're excited to expand our relationship with Imation, which will help more customers benefit from this cutting-edge technology."

As with all of the hybrid storage systems in the NST product family, NST2000 has a standard all-inclusive software licensing model which includes features such as:

  • Unified Fibre Channel Support – NST2000 expands the Nexsan NST family’s unified block and file sharing capabilities by adding Fibre Channel connectivity for those small and medium-sized organizations that prefer it for their applications. This gives organizations the ability to take advantage of the benefits of NST’s hybrid storage using a full range of unified storage protocols, including iSCSI, NFS, CIFS, FTP and now Fibre Channel.
  • Capacity Scalability –NST2000 capacities start at 13TB and can scale up to 168TB and 2TB FASTier™ cache, delivering much more flexibility to IT administrators.
  • Intelligent Hybrid Caching – The NST2000 combines Imation’s intelligent caching algorithms with solid-state disks (SSD’s) and the latest processor technology to provide blazing fast performance for business critical applications.
  • Enhanced Data Reduction – The NST2000 delivers faster and smarter inline compression. Compressible data can be processed 50 percent faster than with preceding NST arrays, and intelligence removes the penalty of trying to act upon noncompressible data.

“With the introduction of the NST2000, organizations have an entirely new set of options for storing, managing and protecting the high-value data they create in situations like digital asset management in media and entertainment workflows,” said Mike Stolz, vice president of marketing and technical support for Imation’s Nexsan solutions. “They can deploy hybrid storage, realize new levels of performance, scale their data centers to new levels of capacity and much more – all at a price point that was previously inaccessible to them given their limited budgets and resources. We’re excited to help these organizations operate more efficiently and generate more ROI from their storage investment – and to add the NST2000 to help address a full range of application requirements.”

"The new NST2000 is just the latest proof point that Imation has raised the bar with its Nexsan product portfolio," said Deni Connor, founder of SSG-Now. "Imation is a company with a strong vision for data storage and the breadth and depth of a hybrid storage product family for a segment of the market that desperately needs it. Now with its NST2000, mid-sized organizations can take full advantage of the benefits this product provides."

Imation’s Nexsan NST™ is a set of flexible hybrid storage appliances that scale to meet mid-sized organization application and storage needs with unified NAS and SAN access capabilities in a single solution. Other product lines in Imation’s deep Nexsan portfolio of purpose-built storage solutions are:

  • Imation’s Nexsan E-Series™ is a family of high-density, high-performance and highly reliable storage solutions that can be directly attached or networked to workstations and servers.
  • Imation’s Nexsan Assureon™ is a set of secure storage solutions that reduce storage cost by offloading and deduplicating data from primary storage that is infrequently used or has aged by policy.

For more information on Imation’s Nexsan storage solutions, visit www.imation.com/en/nexsan.

About Imation
Imation (NYSE: IMN) is a global data storage and information security company. Our products and solutions help organizations and individuals store, manage and protect their digital content. Imation’s storage and security portfolio includes Nexsan high-density, archive and solid-state optimized unified hybrid storage solutions; IronKey™ mobile security solutions that address the needs of professionals for secure data transport and mobile workspaces; and consumer storage solutions, audio products and accessories sold under the Imation, Memorex and TDK Life on Record brands. Imation reaches customers in more than 100 countries through a powerful global distribution network. For more information, visit www.imation.com.

Follow @Nexsan on Twitter.

Imation, the Imation logo, Nexsan, the Nexsan by Imation logo, IronKey, NST, FASTier, E-Series, Assureon and Memorex are trademarks of Imation Corp. TDK Life on Record is a trademark of TDK Corporation and is used under license. All other trademarks are property of their respective owners.

Source: Imation Corp.

For Imation Corp.
Jason Sprenger, 612-327-1886
jsprenger@gamechangercommunications.com

CUSTOMER SUCCESS STORIES

People and organizations around the world use Imation products to improve productivity, secure and protect their most important digital assets. 

Nexsan by Imation

Case Study: UCLA

High-Performance Computing

UCLA recently needed a storage solution with enough flexibility, capacity and scalability to serve its varied user base.

IronKey by Imation

Microsoft and Imation Experts

The Scoop on Windows to Go

Microsoft and Imation Experts discuss Windows to Go and its role in enabling enterprise mobility.

Imation

Barnickel Design

Small Business Backed By Big Storage

Early in his career, graphic designer Rob Barnickel lost a year’s worth of work when a hard drive failed and he hadn’t made a backup copy. With Imation’s RDX Removable Hard Disk Storage System, he’s confident he won’t have to repeat that experience.