| Company Name: |
Promise Technology |
| Headquarters: |
Milpitas CA |
| Industry: |
Computer Storage Devices |
| Sector: |
Basic Materials |
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With fifteen years of design expertise in Serial ATA (SATA) and Parallel ATA (PATA) storage solutions, Promise Technology, Inc. is recognized as the global leader in ATA interface products and the creator of ATA RAID. From the newest Serial ATA to legacy Parallel ATA solutions, Promise maintains strong market leadership with wide range of value-driven storage product offerings for Entry-level to Mid-range Enterprise, PC Workstations and desktop PCs.
Promise designs, develops, manufactures and markets a comprehensive line of Serial ATA / Parallel ATA solutions including SAN (Storage Area Networks) and DAS (Direct Attach Storage) storage enclosure systems that hold terabytes of data with multiple hard disk drives with advanced data protection and management functionalities, host bus RAID (Redundant Array of Inexpensive Disk Drives) and ATA interface adapters that plug into internal computer expansion slots, and ASICs (Application Specific Integrated Circuits) that are integrated onto computer motherboards.
With such a wide variety of products, Promise has become the "King of ATA" with solutions for home users to corporate-user mission-critical applications that require terabytes of data.
Promise's longevity and core competency in ATA - from the ASIC, firmware, and software through advanced enclosure systems - affords Promise a great advantage over SCSI RAID companies that never made ATA the central focus of their company or product development plans. Since its founding in 1988, Promise has the distinction of creating more ground-breaking "firsts" in EIDE/ATA controller technology than any other firm worldwide. Within two years of entering the controller market, Promise Technology introduced the world's first IDE cache controller, and the first EIDE chipset. Other major first-to-market products include controllers for ATA/33, ATA/66, ATA/100, ATA/133, SATA, ATA RAID 0/1, ATA RAID 5, and the ATA RAID drive hotswap chassis.
The Company's market leading position is also reflected through its list of top-tier customers and its track record of products installed. Promise products have been specifically tested and chosen for system integration by the world's leading OEMs including Dell, Fujitsu Siemens ; Fujitsu, Gateway, HP, Intel, Maxtor, Micron, NEC, Western Digital, ASUS, Gigabyte, MSI and Apple, to name just a few. As a measure of this success, between mid 1999 and end of 2002, Promise shipped over 10 million ATA interface solution units to the market.
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Promise Technology provides comprehensive medical health insurance plans for all eligible employees and their dependents, as well as domestic partners. There are plans available to meet the needs of both you and your family.
Dental Benefits
To ensure that dental needs for both employees and their dependants are met, we offer a comprehensive and flexible dental plan.
Vision Benefits
Vision benefits are offered through one of the leading providers of vision care programs. The plan is designed to provide you with periodic exams, glasses and contact lenses.
Acupuncture and Chiropractor Benefits
This benefit includes a Chiropractic and Acupuncture service that are medically and clinically necessary. Provided to eligible employees and their dependents.
Income Protection
Income protection benefits are designed to provide for you and your family when you are unable to work, and to help you get the most from your paycheck.
Short-Term Disability
When illness or injury prevents you from being able to work, Promise Technology provides supplemental short-term disability coverage, in conjunction with any state benefits that may be available.
Long-Term Disability
If your illness or injury becomes long-term, Promise Technology provides an income protection program to help replace a portion of lost compensation.
Life Insurance
Promise Technology provides life insurance to all eligible employees to support the financial well-being of their survivors.
Accidental Death/Dismemberment (AD&D)
AD&D insurance pays a benefit if an employee loses his/her life, limb(s) and/or vision due to an accident.
Flexible Spending Accounts (FSA)
Health Care Spending Account
Promise Technology benefits program covers many health related expenses; some items may not be covered in full. Through the FSA, employees can set aside money on a pre-tax basis to help pay for these items, allowing you to reduce your taxable income.
Dependant Care Spending Account
This program lets you set aside dollars on a pre-tax basis for the payment of eligible dependant care expenses.
Future Planning
401(k) Plan
Promise Technology offers plans to help you with your financial and retirement goals as well as to enable employee ownership
401(k) plan enables employees to defer on a pretax basis, up to the annual statutory maximum.
Stock Option Plan
Eligible employees hired by Promise Technology receive stock options. Additional stock options may be given as annual rewards to employees who make significant contributions to the company.
Promise Technology Work/Life Programs
We know you have a life! Promise Technology has programs designed to help you make the most of your time, and to say "Thank you" for being a member of the Promise Technology team.
Tuition Reimbursement
Promise Technology offers educational assistance so employees can increase their knowledge and skills, and prepare for potential opportunities for development within the company.
PTO (Paid Time Off) /Optional days & Holidays
With Promise Technology's PTO/optional day program, you'll have the flexibility to time off for vacation, personal days and sick days to use as you choose. The longer you are with the company, the more PTO benefits you get. Promise Technology also offers paid holidays.
Celebrations and Events
At Promise Technology, we work hard, and we play hard! Celebrations with your co-workers and family members are important. That's why employees and their families are rewarded with celebrations throughout the year: a company picnic, an international food festival celebrating our diverse workforce, holiday parties, and bagel Fridays - just to name a few
Discount / Ticket
At Promise Technology we offer discounts to Costco Membership, discounted AMC Movie ticket, Discount AAA membership - just to name a few.
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| Promise designs, develops, manufactures and markets a comprehensive line of SAS and SATA-based high-capacity, highly scalable redundant storage products. Promise products include SAN (Storage Area Networks) and DAS (Direct Attach Storage) RAID (Redundant Array of Inexpensive Disk Drives) storage subsystems that hold terabytes of data using multiple hard disk drives combined with advanced data protection and management capabilities, processor-based RAID and software-based RAID Controller cards that plug into internal computer expansion slots, as well as ASICs (Application Specific Integrated Circuits) that are integrated onto computer motherboards.
Promise markets its solutions to end user customers around the world through a global network of distributors. The Company also markets its products directly to worldwide leading computer system suppliers that integrate Promise products into their product offerings.
Promise employs over 300 people worldwide, with sales and marketing offices in USA, Taiwan, Europe and China; ISO 9001 certified high quality R&D centers in USA and Taiwan; global logistic operations in Taiwan.
 
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