Moving and Storage Business News

The News Review:

- Extra Space Storage Inc. Announces Third Quarter 2007 Dividend
- Data Domain’s CEO takes on nearline storage
- Across the area
- Movers: Businesses in the news
- A climate change in the software environment.(Company overview)

Extra Space Storage Inc. Announces Third Quarter 2007 Dividend
Earthtimes – Aug 29, 2007
The Company’s properties comprise approximately 441,000 units and 46. 9million square feet rented by approximately 323,000 individual tenants. TheCompany is the second largest operator of self storage in the UnitedStates. For Information:James OverturfExtra Space Storage Inc. (801) 365-4501Mark CollinsonCCG Investor Relations(818) 477-9800Extra Space Storage Inc. PHONE (801) 562-5556 FAX (801) 562-55792795 East Cottonwood Parkway, Suite 400Salt Lake City, Utah 84121.

Data Domain’s CEO takes on nearline storage
Search Storage – Aug 29, 2007
His company went public on June 28, and as part of reporting to Wall Street as a newly public company, Data Domain disclosed that it had 973 unique customers as of the second quarter, and now says it has surpassed 1000 customers. Slootman sat down with SearchStorage. com to discuss where data deduplication has been and where it’s going. com: What segments of the market do your customers come from? Do they test your system against others in the market before buying?Slootman: We have a lot of track record, so it’s not hard for people to find out if our claims are true or false…
Today, Data Domain is backing up NetApp filers, we’re backing up snapshots, and we can store five to seven times as many snapshots as can be stored on NetApp filers. Versioning and replication is our bread and butter — in NAS terms, that’s snapshots and replication. We view the world moving from protection storage to what we call self-protecting storage, general purpose storage that doesn’t require a separate backup infrastructure, and has versioning and replication built into its architecture. We’ve always had this endgame in mind to generalize our storage — that’s why we’re associated with an element of the infrastructure, rather than with a particular application like backup software. SearchStorage: So you’re talking about getting into primary storage?Slootman: We call it nearline storage, everything that’s not primary. We view primary as being super high-end, very high velocity data, very transactional — that’s not where this gets positioned. The data that does not change and turn over as often, we view as nearline storage, and we think our storage is going to be suitable for that — for reference, for archive, for litigation support.

Across the area
Augusta Chronicle – Augusta Chronicle (subscription) – Aug 29, 2007
Michael Stewart, 55 and Carole Starr, 60, both of Apache Drive, were arrested after authorities seized chemicals and related items used to manufacture methamphetamine from a storage unit and a mobile home, according a statement from the Aiken County Sheriff’s Office. The two are charged with two counts of manufacturing methamphetamine. Investigators acted on a tip and served a search warrant at Best Self Storage on Borden Road in North Augusta, a news release said. Police found chemicals and other drug-making ingredients inside a storage unit. Starr were being held at the Aiken County Detention Center late Monday, police said…
Emergency officials notified those in the area via an emergency telephone notification system, advising them not to be alarmed by the noise. Company offers free laptops to pupilsAchieve HighPoints is offering a free software tutoring program and free laptop computer to any eligible pupil in Richmond County. The company will donate the computer and software to any Richmond County pupil who qualifies for free or reduced lunch or other income-based guidelines. After completing the online tutoring program, the pupil is allowed to own the computer as a reward. Achieve HighPoints is a supplemental education program, authorized by the Georgia Department of Education. The deadline to enroll is Sept.

Movers: Businesses in the news
International Herald Tribune – Aug 29, 2007
Peltz said in July he might pay $37 to $41 a share for Wendy's. The investor, who owns the Arby's fast-food chain through his stake in Triarc, has pressured Wendy's to raise its stock price since he first bought shares in 2005. “The process is still moving forward, and I fully expect Wendy's to be sold to somebody,” said Larry Miller, an analyst for RBC Capital Markets in Atlanta. Peltz said last month that a committee set up by Wendy's board to sell the company was shutting him out of its plans. Peltz had originally balked at signing a confidentiality accord, saying he and Wendy's could not come to agreement on its terms. Today in Marketplace by Bloomberg…
07 in midafternoon trading on New York Stock Exchange trading. An offer of $41 a share would value the company at $3. 6 billion and be 25 percent above what Wendy's shares were trading at on the day the company said it would consider a sale. Peltz said on July 30 that he might offer more once he had examined the company's books. Wendy's cut its annual profit forecast in June on slower sales growth and higher costs for commodities like beef. It reiterated those expectations last month.

A climate change in the software environment.(Company overview)
Free with registration – Seattle Times – AccessMyLibrary.com – Aug 29, 2007
These Internet services are replacing much of what was done only a few years ago with software firmly rooted to an individual computer. The software industry is in the midst of a transformation that will see an expanding range of desktop-software functions delivered to users as Internet services. Even functions of the computer hardware itself, such as data storage and processing power, can be provided by remote data centers or “server farms” and accessed anywhere in the world with a high-speed Internet connection. And the trend _ called “software as a service,” or, in Microsoft’s parlance, “software plus services” _ is not limited to consumers. Businesses of all sizes are adopting this new model to access software functions they previously had to buy, install and host on their own servers. Microsoft has embraced this trend and is investing billions _.