Qualstar to design and manufacture Enterprise Class Optical Disc Library for Sony

SIMI VALLEY, Calif.--(BUSINESS WIRE)--Qualstar Corporation (NASDAQ: QBAK), a leading designer and manufacturer of robotic data storage devices and high efficiency power supplies was selected by Sony Imaging Products & Solutions Inc. to design and manufacture a highly scalable Enterprise Class Optical Disc Library.

“With over 34 years of expertise, Qualstar was best suited to provide the needed knowledge and expertise in designing the Enterprise Class Optical Disc based storage device,” said Steven N. Bronson, CEO, Qualstar. “High capacity data storage device demand is rapidly accelerating and the Optical Disc Archive system will offer one of the optimum choices.”

The Optical Disc Archive is a high capacity, reliable media storage platform that acts as an on-site backup as well as an asset management solution. Widely used by the broadcasters, sports organizations and production companies, this solution is also gaining traction in other industries such as educational institutions, data centers, financial organizations and compliance industry because of its reliability, scalability and ecofriendly features. The second generation of Optical Disc Archive system adopts optical media jointly developed by Sony and Panasonic. Rated with a 100-year shelf life, the second generation Optical Disc Archive media doubles the capacity of a single cartridge to 3.3 TB.

“The data explosion caused by Rich Media content, Internet of Things, Big Data analysis and other video centric industries has created the need for high capacity, reliable and WORM compliant storage,” said Arun Vaishampayan, Vice President Global Sales, Qualstar. “Optical Disc Archive based storage platform fulfills the needed requirements of these markets.”

The Optical Disc Archive system leverages the technologies and reliability of optical discs originally developed for commercial broadcast equipment. It also succeeds in keeping down total archiving costs and has a very low environmental footprint.

“We are delighted to partner with Qualstar in designing the next generation data storage solution,” said Mikio Kita, Senior General Manager, Sony Imaging Products & Solutions Inc. “We believe the jointly developed product will definitely benefit our valued customers and open new markets for optical devices.”

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 library. 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, 2017, 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.

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