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Quantum Announces Streamlined and Refreshed Board of Directors

John Fichthorn Added to Board and Adalio Sanchez and Alex Pinchev Retire

SAN JOSE, Calif., April 11, 2019 /PRNewswire/ — Quantum Corp. (OTCPK:QMCO) today announced that its Board of Directors has appointed John A. Fichthorn to join the Board.

Mr. Fichthorn has served since April 2017 as head of Alternative Investments for B. Riley Capital Management, L.L.C., which is an SEC-registered investment advisor and wholly-owned subsidiary of B. Riley Financial, Inc. (“B. Riley”).  B. Riley is currently the Company’s largest stockholder and owns approximately 17% of the Company’s outstanding shares based on its most recent filing with the Securities and Excha…