EVault Experiences Rapid Customer Growth Providing Credit Unions With Backup and Recovery Solutions

EMERYVILLE, Calif.--(AllPayNews)--EVault, Inc., a Seagate Technology (NYSE:STX) company and leader in online backup and recovery, today announced that rising demand for its backup and recovery Software as a Service (SaaS), licensed software and managed services offerings helped the company grow its credit union customer base by more than 50 percent over the past twelve months. Hundreds of credit unions in North America, including Tower Federal Credit Union, Travis Credit Union, Langley Federal Credit Union, NASA Federal Credit Union and City County Credit Union, rely on EVault to keep their core system data secure, encrypted, compliant and easy to manage.

"Credit unions face increasing competitive pressures as they try to expand their business reach and offer members more banking services," according to Robert Hunt, senior research director at Tower Group, a leading research and advisory services firm focused exclusively on the global financial services industry. "The need to improve operational efficiencies, especially in IT, is paramount for growth. It is essential to ensure data is protected so IT's efforts can focus on building the business and servicing their members."

In order to help more credit unions efficiently and securely manage and protect ever-increasing amounts of data and improve Recovery Time Objectives (RTO), EVault also partners with the leading core system vendors in the industry, including Harland Financial Services, FiServ’s CUSA and Information Technology, Inc. (ITI) and Ongoing Operations. Used by more than 20,000 customers worldwide, EVault’s data protection technology is patented to reduce storage footprint and network bandwidth requirements while ensuring end-to-end security and quick backups and recoveries. For online backup and managed services customers, the company has seven secure Tier III & IV SAS 70 Type II certified data centers throughout North America for offsite data protection.

Several credit unions attest to the benefits of being an EVault customer:

“We have increasing regulation attached to protecting member data, and beyond just backing up the data electronically, we also needed a solution that provided encryption for information stored off-site. EVault provides this added layer of security.”

Tim Burch, vice president technology services, NASA Federal Credit Union

“EVault is a pioneer in online backup and SAS-70 is a big thing in the credit union world. It means a lot to provide our auditors with the SAS-70 certification to ensure we are secure in our treatment of backup data.”

Nancy Bourdon Chief Information Officer City County Credit Union

“Protecting our members’ data is key to the continued growth and success of Travis Credit Union. We made the commitment to standardize on EVault InfoStage as our single backup platform for Business Continuity and ease of use reasons, and have discontinued the use of tape backup altogether.”

Richard Roark, VP information technology at Travis Credit Union

“Credit unions want to know that all of their data is secure, protected and most importantly, quickly recoverable in case of disaster,” said Shail Khiyara, senior vice president of the EVault business unit of Seagate Services. “They also want flexibility without the drain on limited resources, and only EVault can offer unparalleled data protection via SaaS, licensed software or managed service offerings that easily scale as business and data requirement grow and change.”

About EVault

EVault, a subsidiary of Seagate Technology, is the trusted expert in comprehensive data protection solutions for over 20,000 small to large enterprise customers globally. Since 1997, EVault’s software and outsourced services for backup, recovery, and archiving have allowed customers to conform to industry-specific compliance and security regulations. EVault’s DeltaPro™, patented Quick File Scanning, and patent-pending Adaptive Compression technologies make it easy to secure, protect and recover critical data across a broad range of operating systems and applications, delivering the highest performing online backup and recovery solutions available. EVault is the only vendor in the industry that allows customers to choose between 1) licensing and managing software in-house, 2) licensing software and outsourcing the data protection management to EVault or 3) subscribing to Software as a Service offering delivered by EVault. For more information about EVault or to hear what our customers are saying, visit www.seagateservices.com or contact an EVault expert at 877-382-8581 .

About Seagate Services Group

Seagate Services provides trusted, single-vendor solutions for the protection, analysis, and retention of electronic information. Our innovative technology combined with flexible deployment options solve the most rigorous compliance and mission critical data management problems resulting in lower costs, fewer risks, and better organizational control for our customers. The Seagate Services’ group is comprised of data protection offerings based on EVault’s comprehensive portfolio of software and on-line services for backup, recovery and archiving; Seagate Recovery Services’ data recovery, data migration, and data accessibility solutions; and E-Discovery Solutions based on MetaLINCS technology for the intelligent E-Discovery of relevant electronic messages and documents. For more information, please visit www.seagateservices.com.

Seagate and Seagate Technology are registered trademarks of Seagate Technology LLC. The Wave logo, MetaLINCS, EVault, Seagate Recovery Services, DeltaPro Quick File Scanning, and Adaptive Compression are trademarks or registered trademarks of Seagate Technology LLC or one of its affiliates. All other trademarks or registered trademarks are the property of their respective owners.

Contacts
Seagate Services
John Sun, 510-903-7129
john.sun@seagate.com