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Press Room | Press Releases

Pioneer Investments selects DataCore's SANsymphony™

Reading, UK, April 8, 2002 — DataCore Software, the leading provider of storage virtualisation and network control software today announced that Pioneer Investments, a leading innovator in the mutual fund industry worldwide, has chosen SANsymphony for its storage management requirements.

Due to a major relocation of its primary office, Pioneer Investments was looking for ways of reducing the complexity and costs of managing its distributed storage environment, together with improving its disaster recovery. After considering several options including Network Attached Storage (NAS), the company decided a SAN architecture based around SANsymphony best met its business needs.

Pioneer Investments had detailed criteria against which it judged a number of solutions and approaches to better manage its growing data pool. The company was primarily looking for improved data access and the implementation of data replication for disaster recovery purposes. To achieve these strategic objectives the company needed to exploit its existing storage assets through automated centralised management and control. Furthermore flexibility in choice of storage vendors, together with improved management and reliable replication were also key. In order to be successful, the final solution had to be cost effective when compared with alternative solutions. SANsymphony met all these criteria as well as enabling Pioneer Investments to facilitate reliable disaster recovery using the new Asynchronous IP Mirroring component.

"DataCore's SANsymphony met our storage management requirements through its centralised management interface, enabling all storage allocation to be handled via a single, intuitive GUI," commented Tony Bond, VP Head of IT, for Pioneer Investments. "SANsymphony not only provides us with an open storage networking platform it also enables us to have the freedom of choice for storage purchases, irrespective of vendor."

DataCore has been able to meet Pioneer Investments data management criteria by perfecting the process of storage management. Using centralised management, the allocation of storage network resources is facilitated through a simple drag and drop process. SANsymphony guarantees high performance and stability for heterogeneous storage environments and can be expanded with further storage capacity as needed, without dependency on hardware. Furthermore, SANsymphony provides security and flexibility for restore and backup processes via its comprehensive redundancy functions.

"Pioneer Investments selected SANsymphony to provide a more dynamic and flexible storage environment for its changing requirements," commented Tony Probert, Regional Sales Director for Northern Europe, DataCore Software. "Utilising SANsymphony's Asynchronous IP Mirroring component, Pioneer is now able to deploy cost effective data replication between two sites, facilitating reliable disaster recovery. Pioneer now also has a scalable storage solution, with more than enough performance and a secure, flexible framework for growth," concluded Mr Probert.

About Pioneer Investments
The main activity of Pioneer Investments is the management, sales and marketing of investment funds and alternative investments. We manage over 160 funds, including hedge funds, domiciled in Italy, Luxembourg, Ireland and the US.

With over 70 years' experience in fund management, Pioneer Investments has a history few asset management companies can match. Our flagship fund, the Pioneer Fund(tm), is the fourth oldest mutual fund in the United States. It has not only weathered volatile market conditions, but has outperformed common stocks, long term bonds, US Treasury Bills and inflation since its foundation in 1928. It has also beaten the S&P 500 index over any 10-year period since inception.

Pioneer Investments has investment centres in Boston, Dublin, Milan and Singapore that manage assets of over Є110 billion (as of January 2002). In addition, we have sales and marketing centres in Boston, Buenos Aires, Dublin, Madrid, Miami, Milan, Munich, Paris, Prague and Warsaw. We are expanding our worldwide presence with plans to open offices in Hong Kong in the near future, distributing our products through financial institutions in this market.

Pioneer Investments is a trading name of The Pioneer Global Asset Management S.p.A. group of companies.

About DataCore Software
DataCore Software Corporation is the leader in storage virtualisation and networking software. The Company's award-winning SANsymphony storage control software dramatically improves ROI and storage utilisation by converting 'islands' of disparate storage into networked storage pools, enabling the easy allocation of storage capacity. DataCore distributes its software products through the SANvantage Partner Program including its authorised and technical channel and major OEM partners worldwide. Founded in 1998 by some of the industry's most respected storage technologists, DataCore is privately-held with headquarters in Ft. Lauderdale, Fla., and other US offices located in CA and NC with international sales and service operations located in London, Paris, Munich, Tokyo, and Sydney. For more information, visit www.datacore.com.

DataCore, the DataCore Logo and SANsymphony are trademarks and SANcentral is a registered trademark of DataCore Software Corporation. DataCore product or service names or logos referenced herein are trademarks of DataCore Software Corporation. All other products, services and company names mentioned herein may be trademarks of their respective owners.

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Corporate Contact:
DataCore Software Corporation
Bharat Kumar
+44 (0) 118 949 7024
bharat.kumar@datacore.com

Agency Contact:
C.I.T. Public Relations
Emmaline Damerum
+44 (0) 1908 542777
emmaline.damerum@citpr.com