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Silicon Mountain Signs Agreement to Acquire Remote Backup Technology

Cliff Boodoosingh on February 12, 2008
 
Acquisition of remote storage utility enables speedy route-to-market and strengthens the Company's Smart Media Storage initiatives.

BOULDER, Colo., Feb. 11 /PRNewswire-FirstCall/ -- Silicon Mountain Holdings, a technology holding company of niche computing brands, today announced that it has entered into an agreement with a specialized software developer based in New Zealand to acquire intellectual property related to direct remote backup technology. The acquisition of this proven online storage utility will accelerate delivery-to-market for a planned online remote backup service to be launched by Silicon Mountain Holdings later this year.

"We plan to integrate this remote backup utility with a number of our server and storage product lines including our new line of Smart Media NAS appliances," said Tre' Cates, CEO at Silicon Mountain. "The growing demand to access, share, protect and organize digital memories and assets such as music and video libraries as well as valuable business information, requires more than just a robust local back up solution. We believe that remote access and remote storage management will soon be a defining requirement for all home and small business users and Silicon Mountain will be able to offer intuitive solutions to meet the demand."

The new, yet-to-be-named remote backup and storage service from Silicon Mountain Holdings will be available in the first-half of 2008.

About Silicon Mountain Holdings

Silicon Mountain Holdings, Inc. (OTCBulletinBoard: SLCM) builds and acquires niche brands that provide trusted computing solutions for growing digital demands. Additional news and information about the company is available at http://www.slcmholdings.com/.

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