Density Dynamics Launches Upgrade Incentive Program for Legacy TiGiJet SSDs; Over 60 Prior Customers Qualify Including Lockheed Martin and Wachovia

GERMANTOWN, Md., Nov 05, 2009 /PRNewswire via COMTEX/ -- Density Dynamics, a majority-owned subsidiary of Speedus Corp. (Nasdaq: SPDE), announced today it has launched an incentive program for customers who purchased the company's legacy TiGiJet Solid State Drives to upgrade to its next generation Jet.io Solid State Drives. Under the program, customers may trade-in their existing TiGiJet SSDs and receive a 50% trade in credit from the original purchase price for each TiGiJet unit traded in towards a new Jet.io(TM) SSD. Without trade-in, prior customers will be given a 30% purchase voucher for any new production units ordered prior to January 2010. This program begins immediately. To take advantage of this offer, all orders must be received by January 29, 2010.

"When we purchased the assets of TiGi Corp in March of 2008, we immediately commenced work on the enhanced Jet.io product which extends the legacy of high performance and durability from the TiGiJet product into higher density designs and a low-profile Fibre Channel drive format. Like the TiGiJet product, the Jet.io utilizes DRAM core storage as a key differentiator from the flash dominated SSD industry. We built on the cutting edge designs originally pioneered in 2003 by TiGi and the SSDs they delivered to data centers for large enterprise customers including Wachovia Corporation, Lockheed Martin Corporation and The Liebert Corporation. Our goal is to give early adopters such as these the opportunity to upgrade to our next generation Jet.io Solid State Drives with the highest performance, durability and energy efficiency in the SSD market," said Shant Hovnanian, CEO of Density Dynamics Corp.

About Density Dynamics Density Dynamics, a majority owned subsidiary of Speedus Corp., is a pioneer in solid-state storage and I/O acceleration technology. Its high performance DRAM and RamFlash solid-state storage and computing devices are designed to reduce I/O bottlenecks while also reducing power, cooling, and rack space requirements.

Density Dynamics can be found on the web at www.densitydynamics.com.

About Speedus Corp.

Additional information on Speedus Corp. may be obtained at www.speedus.com or by contacting Peter Hodge at 888-773-3669 (ext. 23) or [e-mail].

Statements contained herein that are not historical facts, including but not limited to statements about the Company's product, corporate identity and focus, may be forward-looking statements that are subject to a variety of risks and uncertainties. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company, including, but not limited to, the continuing development of the Company's sales, marketing and support efforts.

SOURCE Density Dynamics URL: http://www.densitydynamics.com www.prnewswire.com Copyright (C) 2009 PR Newswire. All rights reserved -0- KEYWORD: Maryland INDUSTRY KEYWORD: CPR

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