ExaGrid Achieves 10th Straight Growth Quarter

ExaGrid Systems, Inc. achieved record Q4 and full year 2009 sales results. ExaGrid grew more than 60 percent from 2008 to 2009. Q4 2009 also marked the company’s tenth consecutive growth quarter. During the quarter the company also surpassed the 500 customer mark and gained significant new global market share.

Along with strong sales results, the company continued to execute in a variety of important areas during the quarter. Key achievements in Q4 2009 included the following:

• Growing Global Market Share: With more than 500 customers, ExaGrid continued to grow its customer base and worldwide market share. ExaGrid targets customers with 1TB to 100TBs of primary data. With over 2,000 systems installed at more than 800 customer sites worldwide, ExaGrid has the industry’s second-largest installed base of disk-based backup appliances with data deduplication in mid-market and small enterprise companies.
• Worldwide Channel Growth: ExaGrid added to its global base of channel partners and has hundreds of VARs and several key distributors throughout the world. ExaGrid continues to invest in building out a global channel in its march toward an all-channel sales model.
• Product Enhancements: During the quarter ExaGrid introduced its new EX10000E system, the industry’s highest performance, most scalable, disk backup with data deduplication appliance, allowing customers to store a 10TB full backup plus long-term retention in a highly efficient 4U rack mount server. In addition to the 10TB server, ExaGrid announced an upgrade to its GRID software that expands the maximum number of servers in a GRID configuration to ten. The new 10TB server and enhanced GRID software bring unsurpassed price/performance, allowing customers to store a 100TB full backup, plus long-term retention, in a single cost-effective GRID-based disk-backup system with data deduplication.
• More than 140 Real-World ExaGrid Customer Success Stories: First-hand experiences with ExaGrid are published on the company’s website, including case studies from leaders like Adventist Health, Christian Broadcasting Network, Four Seasons Resort, Kingston Technology, Konica Minolta, Morningstar, Dublin City University and the Conwy & Denbighshire NHS Trust (UK National Health Service).
• Industry Recognition: InfoWorld, a leading publication for information technology professionals, named ExaGrid’s customer GreenBank a winner of the 2009 InfoWorld 100 Award for its dramatically improved backup and disaster recovery deployment using ExaGrid.

“With our record performance in Q4 and during the entire year, ExaGrid achieved ten growth quarters in a row,” said Bill Andrews, president and CEO of ExaGrid Systems. “Despite challenging macro-economic conditions, our worldwide sales to mid-market/small enterprise companies increased substantially throughout 2009. ExaGrid is a key player in the global market for tape backup replacement with disk backup solutions that use data deduplication technology. We’re excited about 2010 and eager to leverage the strong business foundation we built in the prior year to continue our technology leadership and market share growth.”