Boulder, Colorado-based Exabyte has introduced a new, higher capacity tape drive format. The firm said this week that it has introduced a new line of tape drives based on its VXA Packet technology. The new system provides up to 172-gigabytes of tape backup, and a price point at under $700. The new VXA-172 packet drive provides up to 172 gigabytes of capacity, expandable up to 320 gigabytes in the future. The drive is also available in a packet loader with ten slots and support for up to 1.7 terabytes of capacity.