Qualstar Corporation announced it has entered into an agreement with Sony to design and develop the specifications and architecture for an enterprise class optical disc archive library.
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Unedited press release follows:
Qualstar Corporation Partners with Sony for the Development of an Optical Disc Archive Enterprise Class Solution
SIMI VALLEY, Calif. — Qualstar Corporation (NASDAQ: QBAK), a leading manufacturer of data storage solutions and high efficiency power supplies, today announced it has entered into a Technology Development Agreement with Sony Imaging Products & Solutions Inc. Pursuant to the agreement, Qualstar will design and develop the specifications and architecture for an enterprise class optical disc archive library. The agreement, which can be terminated by Sony at any time, provides that Qualstar will receive installment payments for its services, which are expected to be completed by March 31, 2018. Following completion of the services, the parties may enter additional agreements relating to the production of the enterprise class optical disc archive library.
About Qualstar Corporation
Qualstar, founded in 1984, is a diversified electronics manufacturer specializing in data storage and power supplies. Qualstar is a leading provider of high efficiency and high density power supplies marketed under the N2Power™ brand, and of data storage systems marketed under the Qualstar™ brand. Our N2Power power supply products provide compact and efficient power conversion for a wide variety of industries and applications including, but not limited to telecom, networking, broadcast, industrial, lighting, gaming and test equipment. Our Qualstar data storage products are used to provide highly scalable and reliable solutions to store and retrieve very large quantities of electronic data. Qualstar’s products are known throughout the world for high quality and Simply Reliable™ designs that provide years of trouble-free service. More information is available at www.qualstar.com or www.n2power.com or by phone at 805-583-7744. Connect with Qualstar on LinkedIn or Twitter.