HIPAA News

Permabit and StoredIQ Partnership Integrates Data Classification with Long-Term Managed Information Retention

(April 16, 2007)-- Permabit, provider of compliance, archive and tiered storage solutions, announced that it has entered a partnership agreement with StoredIQ, the leading provider of enterprise information classification and management solutions for business. The companies will offer a single source offering that can automatically set retention parameters for any type of information and efficiently manage the storage of that information for any period of time to meet compliance and archival needs.

“One of the keys to successfully implementing information retention is for it to become an invisible, effortless part of an organization’s operations,” said Wayne Salpietro, director of marketing for Permabit. “Permabit’s platform-neutral design means that we can take advantage of best-of-breed products like StoredIQ’s ICM to offer enhanced solutions that meet business challenges. Permabit and StoredIQ are an ideal complement, enabling organizations to dramatically reduce the resources required to preserve and effectively manage their information assets.”

“Permabit provides an elegant, seamless service and repository that is a perfect target for the enforcement of the policy-based actions StoredIQ automates,” said Roland Schmidt, Vice President of Sales for StoredIQ. “Our common partners now have the complete and integrated solution they need for setting retention and litigation hold periods as well as immutably securing their customers’ business information and content.”

StoredIQ provides business-value-driven solutions for enterprise-scale problems in the areas of e-discovery, e-risk mitigation, e-records management and storage tiering. StoredIQ's Enterprise Classification and Management Platform provides custom-built lexicons that provide pre-defined classifications for HIPAA compliance, SEC 17a-4, NYSE, NASD and general business rules. The solution is also customizable to address a wide array of unstructured management needs including 21CFR Part 11, internal corporate acceptable use policies, proactive e-discovery, identity-theft prevention, e-risk mitigation, intellectual property protection and e-records management.

That classification capability is an ideal complement to Permabit’s comprehensive storage solution for compliance, information archive and tiered storage applications. Permabit efficiently stores and secures all forms of information while reducing storage costs through enhanced storage efficiency and performance. Permabit meets and exceeds enterprise information retention, retrieval, and security needs as defined by SOX, FDA 21 CFR Part 11,HIPAA, NASD 3010, and SEC 17a-4. Its solutions provide a solid information retention solution that readily adapts to a wide range of organizations including financial services, government, manufacturing, medical, and pharmaceutical industries.

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