Originally Posted by fooofummm
I might make some money FINALY !!! SO i can join you
I like this company you do a good job keeping up with the thread
Thanks. I love this company. Got some good news today:
310 Holdings Inc. Celebrates Completion of Newest Generation of Tape Reading Technology
NIAGARA FALLS, Ontario, Jul 8, 2009 (GlobeNewswire via COMTEX) -- Staff at 310
Holdings Inc. (TRTN) celebrated the completion of the Company's latest generation
of its proprietary, highly effective magnetic media reading technology last
John Bordynuik, 310 Holdings Inc. President and CEO said, "We are very excited
about the success of our latest tape reading technology, which includes our own
custom designed amplifiers, bit detection, de-skewing algorithms, and tape drive
control, and use of the latest thin-film head technology. This technology
instantly scales from the oldest tape drives to current models, so we can quickly
retrofit the latest LTO and DLT drives to recover and migrate data exceptionally
quickly and accurately for our clients."
This celebration comes after 310 Holdings Inc. President and CEO John Bordynuik
and his staff of engineers had been working around the clock for the last several
weeks to complete this project. This technology replaces our previous generation;
it completely eliminates the need for us to do all post reading processing of the
data. As a result, the raw data is now immediately usable by our Swahili data
migration engine and many virtual emulators.
This technology scales from one head to hundreds of heads by increasing the
number of parallel bit-detection processors in hardware. It is presently scalable
in Altera's high-end Stratix-II, III, and IV "Cray-on-a-chip" FPGAs.
"Our new bit detection technology significantly exceeds the data recovery rate of
current enhanced PRML technologies. Our technology can be applied to hard drives,
and we plan to explore implementation in that market," said Mr. Bordynuik. "I
would like to emphasize that this bit technology is so effective that we do not
require and do not use post error-correcting algorithms or routines. We are using
this technology in place of original equipment hardware which is unable to
accurately detect bits after the media have been shelved for a few years."
This bit detection technology can accurately detect weak bits down to 10 per cent
of the signal's original amplitude.
This replaces our original technology which required some post reading.
310 Holdings Inc. will file a patent application to protect this technology.
About 310 Holdings, Inc.
John Bordynuik purchased 63% of the issued and outstanding shares of 310 Holdings
on April 23, 2009. Subsequently, John Bordynuik was appointed President and CEO
of the Company.
On June 25, 2009, 310 Holdings Inc. announced a definitive agreement to acquire
certain assets of John Bordynuik Inc., including all of its intellectual
property, its custom tape processing hardware, its Swahili data migration system,
fixed assets, and its current customer base subject to certain closing conditions
and adjustments. Provided all conditions to closing are met, 310 Holdings Inc.
anticipates closing this Asset Purchase Agreement on or about July 15, 2009.
For more information, please see http://www.310holdings.com