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WGIH news: WGI HOLDINGS INC (U-WGIH) - News Relea

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Post# of 145142
Posted On: 10/16/2012 4:01:19 PM
Posted By: TradeForProfits

WGIH news:


WGI HOLDINGS INC (U-WGIH) - News Release



WGI Holdings, Inc.'s Subsidiary, MyBitCloud, Plans to Use NetApp for Enterprise Level Storage Area Network



2012-10-16 16:00 ET - News Release



KEW GARDENS, NY -- (Marketwire) -- 10/16/12



WGI Holdings, Inc. (PINKSHEETS: WGIH) -- MyBitCloud announced today that it plans to use NetApp for Enterprise level Storage Area Network.


MyBitCloud plans on utilizing NetApp's Enterprise level Storage Area Network (SAN) which provides the highest quality disk space available today. The feature rich storage solution provided by NetApp will allow us to confidently store all files, databases, and more in a safe and secure manner. With RAID technology and Dual Controllers employed, hard drive failure is a worry of the past. Coupled with NetApp Snapshot technology that allows instant point-in-time copies of file systems with no impact to storage access or disk I/O, even data loss or corruption will be recoverable.


NetApp SAN (storage area network) can sustain multiple simultaneous drive failures, uses multipath I/O, and even has multiple controllers in fail over mode so if one goes down another one takes its place seamlessly and automatically. It also alerts network technicians of any error so action can be taken immediately.


"The speed and agility that NetApp enables will be critical to our success; it will allow us to drive innovation and develop confidence which will add to our competitive advantages," said Kyle Bendford, CTO, MyBitCloud.


About WGI Holdings


WGI Holdings's goal through its operating subsidiary MyBitCloud is to become a leading provider of Personal & Business Cloud services that enable users and organizations to access ALL of their data, anytime, anywhere, and from any supported device.


MyBitCloud will enable users and organizations to have unlimited storage capability while also providing backup, synchronization, access and sharing capability of any file instantly and securely. More information can be found on our website: www.mybitcloud.com


About NetApp
NetApp creates innovative storage and data management solutions that deliver outstanding cost efficiency and accelerate business breakthroughs.


FORWARD-LOOKING DISCLAIMER


This summary contains forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning the Company's business plans. Such statements are based on management's current expectation and are subject to a number of factors and uncertainties, such as future economic conditions and changes in anticipated revenues and costs, which may cause actual results to differ materially. The Company expressively disclaims any future obligation or undertaking to update or revise any forward-looking statements contained herein. Investors and potential investors should independently investigate and fully understand all risks before making investment decisions.



For more information contact us at:
Susan Millstone
MyBitCloud Inc.
Tel: 855-667-8786
FAX: 855-433-4464
Susan@MyBitCloud.com



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