Moving and Storage Business News

The News Review:

- Hawaii Self Storage Opens Newest Location in Mililani
- SDK Starts Shipments of 2.5-Inch 250 GB HD Media
- Morningstar and Harrison Street Form Alliance With 2Guys Storage
- Environment: Tar sands – the new toxic investment
- Riverbed Jumps Into Data Storage
- Network storage system reduces space, power use

Hawaii Self Storage Opens Newest Location in Mililani
Honolulu Advertiser, HI 
Hawaii’s largest self storage company with facilities in Kaimuki, Pearl City and Salt Lake, Hawaii Self Storage offers 24-hour access and air conditioning, the highest level of security, covered loading and unloading, free pick-up, free estimates, and canoe, kayak and surfboard storage. For small business customers, Hawaii Self Storage offers a business center complete with phone, fax, and wireless Internet service as well as free package acceptance service. As a locally owned company, Hawaii Self Storage has numerous programs designed to give back to the Oahu community, including its Transition Assistance Program (TAP), Rent to Charity, 12 annual high school scholarships, the Lockers for Literacy program and support of athletic teams. Hawaii Self Storage was named a 2006, 2007 and 2008 Best of the Best by The Honolulu Advertiser.

SDK Starts Shipments of 2.5-Inch 250 GB HD Media
FOXBusiness 
(SDK) has started commercial shipments of 2. 5-inch hard disk (HD) media with storage capacity of 250 gigabytes per disk based on the perpendicular magnetic recording (PMR) technology*. To the best of our knowledge, our new 2. 5-inch HD media have the world’s highest storage capacity for this size available on the market today. The new product is another fourth-generation** PMR media offered by SDK following the 1. 89-inch media launched in August. (Please refer to the latest news release dated September 11, 2008).

Morningstar and Harrison Street Form Alliance With 2Guys Storage
Inside Self-Storage, AZ 
, operates storage facilities in the Carolinas, Georgia and Texas as well as marinas throughout the Southeast. In March 2007, the company formed a joint venture with Chicago-based private-equity firm Harrison Street to develop and acquire additional self-storage and marina assets.   2Guys Storage operates and develops real estate properties and specializes in self-storage.

Environment: Tar sands – the new toxic investment
guardian.co.uk, UK 
“This report unveils how dangerous this approach is. There is a good chance that tar sands could be to the oil industry what sub-prime lending was to the banking sector. “The report lists trends moving against investment in this area, not least the decline in the price of oil at a time when the cost of developing tar sand schemes is rising, something highlighted recently by the boss of French oil group Total. The price of crude has plunged on world markets, with Brent blend briefly yesterday below $90 a barrel, down from nearly $150 in July, as traders fear that ructions on Wall Street following the collapse of Lehman Brothers will spread into the mainstream economy and drag down oil demand. The report by the environmental campaigners also claims that low-carbon fuel standards under consideration by US presidential candidate Barack Obama and already implemented in California threaten to shut down sections of the American market to products derived from tar sands. John Sauven, executive director of Greenpeace, said his organisation had always known that tar sands were a risk to the climate “but now it’s becoming clear that they’re a risk to the bottom line as well”. Platform called on BP and Shell to rethink their entire energy strategy.

Riverbed Jumps Into Data Storage
Byteandswitch.com, NY 
The companys desire for expansion is prompting it to move into data storage and data. Riverbed has been one of the industrys hottest suppliers. The company has 4,500 customers who have deployed 50,000 of its systems. In 2007, the corporations revenue reached $236.

Network storage system reduces space, power use
Eetasia.com (subscription) 
Noemi Greyzdorf, research manager at International Data Corp. , said the system will be favored by data center managers who are examining data growth of 30 percent a year on average. “There’s huge growth in file-based unstructured data storage because many companies are required to keep more data files longer,” he added. “This is eating up increasing amounts of space and power in the data center,” he noted. The startup’s challenge is to get visibility for itself among entrenched vendors including EMC Corp. With an objective to increase its own slice of its pie,.