Pivot3 Experiences Record Demand for Hyper-Converged Infrastructure, Invests in Company Growth

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Pivot3, Inc., the pioneer and innovator in Hyper-Converged Infrastructure (HCI),
continues to experience record demand for its HCI solutions in the desktop
virtualization and video-based security markets, and across many vertical
segments.

Pivot3 marked a successful third quarter, driven by a significant surge in
demand for the company?s hyper-converged infrastructure appliances.

Transportation is a rapidly growing segment and Pivot3 recently secured
projects with three large urban transit systems requiring 8-petabyte, 5-petabyte and 4-petabyte of installed storage capacity respectively.

Since 2008, the year Pivot3 began delivering hyper-converged appliances,
aggregate installed storage capacity of its solutions has grown at a
cumulative 189% CAGR to reach 225 PB in Q3 2014.

The company?s growth accelerates as more users experience its unique
globally hyper-converged infrastructure technology, which combines storage
and compute resources within the same appliance, as a key building block of
more efficient, and more cost-effective data centers.

In addition, Pivot3 continues to demonstrate its longstanding expertise in delivering purpose-built solutions based on HCI to segments with specialized
requirements such as healthcare, transportation and government.

In 2014, Pivot3 continued to invest significant resources to apply its
intellectual property (over 20 fully acquired patents) to other areas of IT
infrastructure that need both high storage performance and robust data
protection at an affordable price.

The company?s engineering team also
continues to expand. Overall, Pivot3 now employs more than 80 team members,
of which 30 joined the company in 2014.

?We solved a very difficult storage problem when we tackled the video
surveillance market. That is now the foundation of our performance and cost
advantage for VDI, storage solutions, and other areas of IT,? said Bill
Galloway, Founder and CTO, Pivot3. ?Pivot3?s differentiation is founded on
its patented Scalar Erasure Coding, which breaks the longstanding trade-off
between storage efficiency and high availability, making up to 94 percent
of total installed capacity available for actual data storage while
providing very high levels of data protection.?

Leadership Team
In Q3, Pivot3 expanded its executive team to capitalize on its competitive
advantage in the hyper-converged infrastructure space by adding three new
Vice Presidents.

Ahmad Chamseddine was named Pivot3?s new Vice President and Chief Operations Officer overseeing the engineering groups and the supply chain
group. He most recently served as the founder of Zookt, and previously
served as Vice President and General Manager of Augmentix Corp.

Earlier in his career, he led the system product development group for five new
servers at Dell.

Chamseddine holds a Bachelor?s Degree and a Master?sDegree in engineering science from the University of Western Ontario.

Francois Wolf joins Pivot3 as Vice President and Chief Marketing Officer.

Prior to joining Pivot3, Wolf held executive marketing positions at L3
Communications and BOXX Technologies.

He managed the high-end workstation
category at Dell before heading marketing at two eHealth start-ups. He most
recently served as Leader of Global eCommerce Digital Marketing at Dun &
Bradstreet.

Wolf holds a Master?s in Business Administration from the
Thunderbird School of Global Management and a Bachelor?s Degree in
international business from the University of Texas at Austin Red McCombs
School of Business.

Michael Richtberg has been appointed Vice President of Product Strategy. Previously, Richtberg held various management roles including Principal Product Strategist at Oracle for their Greenbytes product, and the Product Strategy and Business Development Director for Desktop Virtualization for
Dell.

Earlier, he was one of the first employees of Citrix and held
positions in product management, product marketing and strategy. He holds a
Bachelor?s Degree in business management, business administration and
marketing from the University of Phoenix.

?These additions to the leadership team will help us continue to produce
the dramatic growth that we have seen this year. Our team is building a
very solid company that delivers products with significant business
benefits to our customers, rewarding careers to our team members and
exciting gains to our investors,? said Ron Nash, CEO, Pivot3. ?With
increased interest in our enhanced suite of hyper-converged infrastructure
solutions, we will seek out opportunities in data-driven environments that
require enterprise storage options that are simple to deploy and scale-out
while reducing costs and complexities.?

Recent Business Highlights:
• Launch of VSTAC OS 6.5*: The latest version of vSTAC OS that
creates unified pools of compute and storage resources within and across
appliances continues to be refined with fast and non-disruptive upgrade
capability.

• Launch of HCI on Blades: Pivot3 added a hyper-dense solution to its
VDI product line by implementing its hyper-converged infrastructure
technology on Dell Blades to achieve up to 9,000 desktops supporter from a
single rack.

Source: pivot3.com
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