Symform has just announced a new referral programme that will reward users with up to 200GB of free cloud storage. Billed as “the industry’s first decentralised cloud storage solution”, Symform uses RAID-96 to geographically distribute, encrypt, and shred its data. Users contribute inexpensive local storage equal to the amount of data that they want to redundantly store in the cloud. For those with 200GB or less, the service is free.

Website: Symform

Symform Press Release

Symform Announces Industry’s Largest Free Cloud Storage Offering – Up to 200GB

New Referral Plan Increases Free Storage to 10 Times More Than Free Offerings from Competitors

SEATTLE – September 13, 2011 – Symform, the world’s safest, fastest and most cost-effective provider of cloud storage, today announced a new referral program that will reward users with up to 200GB of free cloud storage. This offer represents significant savings for customers and 1,000 percent more free storage than competitors.  Other popular cloud storage providers charge up to $1,247 annually for 200GB.

“Businesses have been slow to adopt cloud storage because it is still quite expensive,” said Laura DuBois, program vice president at IT research firm IDC. “Symform’s redundant approach provides firms with a very cost-effective solution, which is why they can offer 200GB for free while others charge hundreds or more.  It’s a great way for businesses to more economically adopt cloud storage.”

Local storage is inexpensive, and the price continues to fall.  Today, two terabytes of storage is less than $100, but storing that same amount in the cloud costs $12,000 or more annually—and those costs grow as data grows. This price gap has held back adoption of cloud storage even though it has many advantages over local storage.

Symform users receive 100GB of free cloud storage just for signing up and configuring their account. Under the new program announced today, users can increase their free storage up to 200GB by referring other users (10GB free per successful referral) and getting fully configured within the first 24 hours (20GB free).

“Symform’s disruptive approach to the cloud storage industry has allowed customers to radically reduce their online storage costs to make moving to the cloud practical,” said Paul Burns, President of Neovise, an analyst firm focused on cloud computing.  “By allowing customers to connect underutilized local storage to a decentralized network of shared storage, the company avoids the high cost of maintaining data centers and is able to offer customers as much as 200 gigabytes for free.”

Symform eliminates the price gap for businesses and tech-savvy consumers who value their data and want to protect it with cloud-based backup by offering unlimited storage for a low flat fee.  For those with 200GB or less, the service is free.

“Cloud storage is a great solution to protect, share, and access data from anywhere,” said Matthew J. Schiltz, CEO of Symform.  “Symform has reinvented cloud storage to provide better security, speed, and redundancy at a low flat fee.  No other company can match our value and we make it easy for customers to try Symform free.”

Symform’s decentralized model allows the company to offer more secure and reliable storage for hundreds and even thousands less than competitors in the industry. Other cloud storage providers use a centralized data center approach, which is very costly due to additional overhead costs including disk space, increased bandwidth, and the power needed to house and cool servers.  In fact, according to the U.S. Environmental Protection Agency, cloud storage data centers account for fully two percent of all electricity used in the U.S. In addition, centralized data centers are more susceptible to vulnerability at a single point of failure.

The Symform Storage Cloud is the industry’s first decentralized cloud storage solution.  Users contribute inexpensive local storage equal to the amount of data that they want to redundantly store in the cloud.  Symform then uses RAID-96 to geographically distribute, encrypt, and shred its data. This approach allows Symform to offer the most free cloud storage space per user in the most secure cloud.

For more information on how to obtain 200GB of free storage from Symform visit: www.symform.com.

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