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Last 25.75 TWD
Change Today -0.10 / -0.39%
Volume 1.1M
As of 2:39 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

promise technology inc (3057) Snapshot

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Day High
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52 Week High
09/1/14 - 49.00
52 Week Low
05/19/15 - 24.25
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Current Stock Chart for PROMISE TECHNOLOGY INC (3057)

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promise technology inc (3057) Details

Promise Technology, Inc. provides storage solutions for the data center, surveillance, cloud, and rich media markets worldwide. The company offers enterprise storage products, such as VTrak E-Class RAID subsystems; VessRAID storage subsystems; SmartStor NAS and DAS product lines for for SOHO and home applications; cloud enterprise file synchronization and sharing solutions for enterprises and SMBs; storage solutions for creative professionals and multimedia enthusiasts; storage solutions for OS X users; and Pegasus2 and SANLink2 series of storage solutions. It also offers SuperTrak server RAID controllers; accessories, such as internal cables, external cables, batteries, and memory modules and adapters; and software ROMB solutions. The company’s products are used in various applications, such as cloud storage, enterprise datacenter, audio/video post-production, and IP surveillance. Promise Technology, Inc. was founded in 1988 and is headquartered in Hsinchu, Taiwan.

Founded in 1988

promise technology inc (3057) Top Compensated Officers

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promise technology inc (3057) Key Developments

Broadcast Rent Selects FileCruiser Solution from Promise Technology Inc

Broadcast Rent has selected the FileCruiser solution from Promise Technology Inc. FileCruiser is an Enterprise File Synchronization and Sharing (EFSS) solution that allows businesses to build their own secure, scalable private cloud storage service. With FileCruiser, Broadcast Rent has their own storage system where customers can upload files directly to the company without going through any external service. In addition, FileCruiser's complete user management portal enables Broadcast Rent to assign specific permissions to not only provide access to a folder, but also to set whether users can view the content, change, upload or download files, delete files and more.

Crawford Selects PROMISE VTrak A-Class Shared SAN Appliance with NAS Gateway

Promise Technology Inc. has announced that Crawford Media Services Inc. has chosen the PROMISE VTrak A-Class shared SAN appliance with NAS gateway to replace its incumbent SAN. The VTrak A-Class SAN helps Crawford consolidate all of the company's film scanning and DPX workflows which service the media and entertainment industry as well as the preservation industry and include The Walking Dead and The Vampire Diaries. Crawford scans film directly to the company's 288TB VTrak A-Class SAN and the company's post-processing, color and transcode workstations work with the media directly on the storage until it is ready to be delivered to the client. VTrak A-Class enables Crawford to run multiple 2K and 4K workflows concurrently and offers four times the aggregate bandwidth of their previous SAN.

PROMISE Technology Inc. Introduces Promise Professional Services Program

PROMISE Technology Inc. has introduced PROMISE Professional Services, a program for the US and Canada which offers customers foundation for PROMISE storage deployments. With comprehensive training programs, warranty upgrades, rapid response onsite parts replacement and installation services, PROMISE Professional Services is designed to provide customers with the knowledge, support service, and expertise to ensure the success of their deployment and expedite return on investment. PROMISE Professional Services includes: PROMISE Extended Warranty; PROMISE ServicePlus Onsite Parts Replacement; PROMISE Technical Training Program; and PROMISE Professional Services Installation. The PROMISE Extended Warranty is an upgrade to the company's two or three-year standard limited warranty, offering the same high quality of service and support but for an extended contract period. Purchasing a PROMISE Extended Warranty provides customers with peace of mind and ensures continuous uninterrupted support that includes phone and web support to troubleshoot any issues 24 hours a day, 7 days a week. The PROMISE ServicePlus Plan features the rapid dispatch and onsite installation of critical replacement components and is available for both fully configured systems sold through Apple authorized channels as well as Windows and Linux qualified systems sold through PROMISE authorized channels. The Onsite Parts Replacement service is available 24 hours a day, 7 days a week for the entire warranty period with response times as fast as four hours in most major metropolitan areas after failure verification. The PROMISE Technology Training Program is designed to provide a working knowledge of PROMISE subsystems. Level 1 training for PROMISE's VTrak A-Class, G-Class and Ex30/Jx30 can be completed online and is a prerequisite to Level 2 classroom training which provides the knowledge to successfully install, configure and maintain PROMISE storage. Upon completion of Level 1 and Level 2 training, students will be qualified to deploy PROMISE storage solutions in both direct-attached and in heterogeneous SAN environments. The PROMISE Professional Services Team of storage experts will survey a customer's site, assess the infrastructure, and provide recommendations on PROMISE products that will deliver the service level requirements for their business. PROMISE Professional Services Installation Technicians bring their intimate product knowledge along with years of network and platform experience, ensuring the installed hardware will provide years of reliable performance, making the PROMISE team the perfect extension for any IT organization rolling out servers or a SAN.


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Valuation 3057 Industry Range
Price/Earnings 11.7x
Price/Sales 1.1x
Price/Book 1.7x
Price/Cash Flow 11.4x
TEV/Sales 0.7x

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