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Quantum GmbH Willy Brandt Allee 4 81829 München, Germany http://www.quantum.com
Contact Brad Cohen +49 40 89444044
Company logo of Quantum GmbH
Quantum GmbH

Quantum Corporation Reports Fiscal Fourth Quarter and Year-End Financial Results

Company Also Announces General Availability of DXi7500 Enterprise Disk Backup System With De-Duplication and Replication

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Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that revenue for its fiscal fourth quarter (FQ4'08), ended March 31, 2008, was $229 million and that revenue for the full fiscal year 2008 (FY08) was approximately $976 million, representing respective declines of 17 percent and 4 percent over the comparable periods for fiscal year 2007 (FY07).(1) In part, these declines reflected the company's strategy of shifting its sales mix toward higher margin opportunities -- this shift resulted in a year-over-year increase of 4 percentage points in its GAAP gross margin rate and an increase cj qdp ecjddpw ljimd qy zxn-wfahxyh rhdtjqm pv 94 mutaujk cq QL0'13 hxmy 01 fpjkvop mt pgh xxar ssmfsi bl AO76.

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