For 3Q08, Exagrid’s Revenues up 25% Sequentially and 129% Yearly

ExaGrid Systems, Inc announced record sales for the third quarter ending September 30, 2008. Third quarter sales for the company were up 25% compared to the previous quarter, and up 129% vs. the same quarter last year. ExaGrid’s international sales were up 69% over the previous quarter.

ExaGrid added 54 new customers during the quarter. With more than 1,000 systems installed in more than 500 unique locations at more than 250 customers, ExaGrid now has the industry’s second largest installed base of disk-based backup appliances with data de-duplication in mid-market/small enterprise companies.

Key achievements in Q3 2008 included the following:

• Commercial Customer Acquisition: ExaGrid continues to win against its competitors, gaining a long list of new customers in key industries such as: Healthcare, Legal, Engineering Services, Manufacturing, Oil and Gas, Education and State/Local Government. View more than 67 real-world ExaGrid customer case studies on the ExaGrid Web site, including success stories from leaders like Kawasaki, Kingston Technology and Konica Minolta.
• Federal Government Customer Acquisition:  ExaGrid has added many Federal Government customers, including departments within the US Army, US Navy, the Veterans Administration, the US Federal Courts, The House of Representatives and the Environmental Protection Agency.
• Expanded Distribution Channel: ExaGrid added more than 30 new value added resellers in the US, Canada and EMEA. In addition, ExaGrid products are available for purchase through Dell (Software and Peripherals) and through Softchoice.
• Product Leadership: During the quarter ExaGrid enhanced its Disk-based Backup System by shipping the ability to store 30TB full backup, plus retention, into a single ExaGrid system, many-site-to-one backup capability for distributed data centers, support for Vizioncore vRanger Pro and advanced backup-job-aware reporting.  These product enhancements allow customers to significantly improve the way they manage their backups by allowing major data centers in multiple locations to backup to disk with de-duplication, and by providing unprecedented visibility into the true status of backup data throughout its lifecycle within the system.
• Continued Industry Partnerships: In Q3, ExaGrid continued joint sales and marketing campaigns with several backup software and industry leaders, including Dell, Symantec and CA.

“ExaGrid continues to be a fast-growing leader in the worldwide market for disk-based backup solutions with data de-duplication,” said Bill Andrews, president and CEO of ExaGrid Systems. “With the most cost-effective, highest performance and most scalable product, our worldwide sales to a diverse set of mid-sized enterprise companies increased substantially in Q3 2008.”