Incipient, Inc., a leading provider of storage virtualization and data migration software for Storage Area Network (SAN) environments, today announced continued momentum with record bookings and several new financial services customers in the first quarter of 2007. Incipient also expanded its management team with a new executive vice president of Worldwide Sales. Additionally, Incipient formed important new alliances with storage industry leaders HP and 3PAR® to continue penetrating the financial services sector with its flagship software product, Incipient Network Storage Platform™ (iNSP™).
In March, Incipient also announced partnerships with storage industry leaders HP and 3PAR. Both companies share a strategic interest in servicing the storage needs of the financial services market. Incipient joined the HP Information Lifecycle Management Partner Program and the iNSP software suite is now certified with HP StorageWorks Enterprise Virtual Arrays. Additionally, Incipient and HP have formed a cooperative support agreement allowing iNSP to be installed in HP-supported SAN environments.
In addition, Incipient and 3PAR announced a partnership to deliver non-disruptive data migration and utility computing solutions to joint customers. The collaboration comes in response to heavy demand for highly scalable and cost effective Utility Storage with a particular urgency from financial services companies. With this partnership, Incipient has joined 3PAR’s Utility Computing partner program and self-certified iNSP with the 3PAR InServ® Storage Server family. Additionally, both companies have engaged in a cooperative support agreement.
Incipient’s go-to-market strategy for delivering enterprise-class solutions to the financial services sector drove the decision to appoint Peter T. McNamara to EVP of Worldwide Sales. McNamara is a seasoned sales executive with a history of success from companies such as Symantec and EMC. He is leading a team of storage sales professionals from the company’s office in the heart of the financial district in New York City.
Finally, Incipient closed the first quarter of 2007 with the following key accomplishments:
- Network World named iNSP software one of the “10 Best Products for Next-Generation Network Infrastructure.” Operating on the Cisco MDS 9000 SAN switch, iNSP delivers a suite of storage services software such as non-disruptive data migration, network volume management, and copy services. Network World editors and advisors selected the top ten products deemed to offer the most innovative solutions to simplify today’s “New Data Center.” To read more of Network World’s “Best of the New Data Center” series, visit here
- Searchstorage.com published a story featuring a multi-billion dollar hedge fund company that purchased iNSP software for their Cisco MDS 9000 SAN switches. In the article that ran on January 24, 2007, the Incipient customer discusses the decision to purchase iNSP, how the solution is implemented at the company’s headquarters in Stamford, CT, and the benefits the company is experiencing and anticipates. In addition, the story highlights HP’s support of iNSP in its SAN environments. To read more, follow this link to searchstorage.com, visit here
- Incipient secured its fifth patent related to its unique storage virtualization solution. The newly awarded patent covers split-path architecture for performing block level storage virtualization for scalable and highly-available switching fabrics which is a core technology within iNSP.
“The first quarter of 2007 was an exciting one filled with many important accomplishments which will serve Incipient well as we move forward. With our expanded team, new partners and award-winning product, we are well positioned to exploit the growing market opportunity for our innovative storage virtualization and data migration solution,” said Ric Calvillo, co-founder and CEO of Incipient, Inc. “We look forward to further successes ahead and to the proliferation of storage virtualization technologies as an enabler of cost-effective storage services within heterogeneous SAN environments.”
About Incipient, Inc.
Incipient, Inc. is a leading provider of patented storage virtualization and data migration software that delivers zero planned downtime and simplified management for enterprise SAN environments. Incipient is a privately held software company with corporate headquarters in Waltham, MA. For more information, please visit http://www.incipient.com
