QBAK Qualstar Corp.

Qualstar Corporation Introduces the Q8, an Entry Level LTO Tape Based Autoloader that Offers Enhanced Capacity and Performance in only 1U Rack Space

Qualstar Corporation (NASDAQ:QBAK), a manufacturer of data storage solutions and high efficiency power supplies, announced the release of the Q8, an entry level LTO tape based autoloader that offers extreme density and performance in the 1U space.

The Qualstar Q8 is the ideal entry-level automated backup/archive solution that combines exceptional storage density and performance into the compact form of a tape autoloader. The Q8 will offer 96 TB native and 240 TB compressed data storage capacity using LTO 8 tape drives. Combined with a data transfer rate of 300 MB/sec, this device offers exceptional space to capacity and performance ratio.

“With the availability of Q8, Qualstar has a full spectrum of product offerings satisfying the needs of all market segments,” says Arun Vaishampayan, VP of Global Sales at Qualstar Corporation. “High capacity, affordable storage is essential for all businesses to secure their data for long term retention. The Q8 autoloader offers the features and capacity to meet these market needs.”

The new Q8 autoloader is now available through Qualstar’s established channel of distribution and reseller partners. The Q8 will ship with a barcode reader, a rackmount kit, remote management capability and comes with a two-year advance replacement warranty.

“As businesses today are challenged by exponential data growth, limited resources and enhanced regulatory requirements, the need for affordable data storage solutions continues to grow,” says Steven N. Bronson, CEO of Qualstar Corporation. “The entry level and mid-range tape automation market is predicted to grow and Qualstar’s full spectrum of product offerings will now give the users the option to meet their storage capacity requirements at a competitive price.”

About Qualstar Corporation

Qualstar, founded in 1984, is a diversified electronics manufacturer specializing in data storage and power supplies. Qualstar is a leading provider of high efficiency and high density power supplies marketed under the N2Power™ brand, and of data storage systems marketed under the Qualstar™ brand. Our N2Power power supply products provide compact and efficient power conversion for a wide variety of industries and applications including, but not limited to telecom, networking, broadcast, industrial, lighting, gaming and test equipment. Our Qualstar data storage products are used to provide highly scalable and reliable solutions to store and retrieve very large quantities of electronic data. Qualstar’s products are known throughout the world for high quality and Simply Reliable™ designs that provide years of trouble-free service. More information is available at www.qualstar.com or www.n2power.com or by phone at 805-583-7744. Connect with Qualstar on LinkedIn or Twitter.

Cautionary Statement Concerning Forward-Looking Statements

Statements used in this press release that relate to future plans, events, financial results, prospects or performance are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995 and include statements about the design and development of the specifications and architecture for an enterprise class optical disc archive as well as Qualstar’s expected receipt of installment payments for its services. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. These forward-looking statements are based upon the current expectations and beliefs of Qualstar's management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. For further information on these risks and uncertainties, please refer to the risk factors discussed in Qualstar’s filings with the U.S. Securities and Exchange Commission including, but not limited to, Qualstar’s Annual Report on Form 10-K for the fiscal year ended December 31, 2016, the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section of such Form 10-K, and any subsequently filed reports. All of Qualstar’s filings are available without charge through the SEC’s website (www.sec.gov) or from Qualstar’s website (www.qualstar.com).The information contained in this press release is as of the date of this press release. Notwithstanding changes that may occur with respect to matters relating to any forward looking statements, Qualstar does not expect to, and disclaims any obligation to, publicly update any forward-looking statements whether as a result of new information, future events or otherwise. Qualstar, however, reserves the right to update such statements or any portion thereof at any time for any reason.

EN
17/01/2018

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