Permabit CEO Presents at Piper Jaffray Technology, Media & Telecommunications Conference

CAMBRIDGE, Mass., March 7, 2014 /PRNewswire/ -- Tom Cook, CEO of Permabit Technology Corporation, the recognized leader in data efficiency technology, will present at the invitation-only Piper Jaffray Technology, Media & Telecommunications Conference, held in New York City March 11-12.

Piper Jaffray technology research analysts will lead fireside chats and panel discussions with top executives from more than 100 companies to provide insight, perspective and opportunities to those in the investment banking and asset management communities. Cook will participate in the conference's Storage Superdome Panel March 11 at 9:00 a.m. EDT.

"It is do or die time for storage efficiency," said Tom Cook, CEO of Permabit. "With our high-performance data efficiency software for primary storage, OEM partners build share and margin by decreasing storage cost and increasing effective storage capacity 5-35x for their customers. Primary storage has entered the 'effective' cost and capacity era and it will have profound impact on who survives and thrives over the next few years."

Piper Jaffray hosts several client conferences and events each year focusing on clean technology & renewables, consumer, healthcare, industrials and technology, media & telecommunications with the goal of bringing together key industry executives, investors and its own professionals to provide multiple perspectives, investigate critical trends and identify the leaders in the markets that are driving the economy.  Topics discussed at the Technology, Media & Telecommunications cover 3D printing, cloud computing, the Internet of things, wearable technology, big data & analytics, the sharing economy, mobile/social, content delivery & consumption, the optical upgrade cycle, connected cars, next-generation security & storage architectures, software-defined networking, electronic & alternative payments, business & learning services, semiconductor intellectual property, over-the-top content and other disruptive waves reshaping the technology landscape.

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About Permabit
Permabit is a recognized leader in data efficiency technology, enabling OEMs to leverage their R&D investment, increase margin, accelerate time to market and achieve competitive advantage. Permabit Albireo software massively improves performance and efficiency of data creation, transmission and storage. Solutions built with Albireo are being delivered by leading hardware, software and service providers. Our partners include Hitachi Data Systems (HDS), LSI, and StoneFly. Permabit was founded in 2000 by a technical and business team from Massachusetts Institute of Technology. For more information, visit: www.permabit.com.

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SOURCE Permabit Technology Corporation