Caringo Expands Management Team with Addition of Oliver Biewald as Vice President of Worldwide Sales


Industry veteran charged with growing global reach of object storage software solutions

AUSTIN, Texas, February 28, 2011 - Caringo, Inc.,the leading provider of scalable object storage software for secure, self-managing, compliant and high performance storage clouds, today announced the appointment of Oliver Biewald as its Vice President of Worldwide Sales.

With two decades of management experience servicing national, international, and global accounts,along with extensive enduser relationships and in depth knowledgeof running OEM and channelsales operations, Biewald joins Caringo during a time of rapid expansion as the company seeks to meet the needs of enterprises requiring an elegant storage solution that can cost-effectively scale-out from terabytes to petabytes. Biewald is tasked with expanding the reach of Caringo's cutting-edge object-based storage technology as the company delivers its CAStor(TM) 5.0 software to the world market. He reports to Caringo CEO and Co-founder Mark Goros.

Biewald comes to Caringo from Seven10 Storage Software, developers of enterprise archiving and disaster recovery software, where he served as Vice President of Strategic Sales Worldwide. There he was responsible for planning, designing and executing the company's channel strategy throughout the North American, EMEA and Asia-Pacific marketplaces(while also managing the resulting, multi-geographic business relationships with EMC, Dell, Fujitsu, Bull, Arrow, Avnet, Tech Data, TIM, ADIVA, and DataStore).

Before Seven10, Biewald served in a variety of company-strategic roles with increasing responsibilities for Quantum Corporation, culminating with a Boston-based positionas the Global Alliance Director for the company's largest global reseller, EMC. Other positions at Quantum (formerly ADIC) included a multi-year expatriate assignment in Europe as the Director of Alliances there, running the company's largest EMEA-centric business relationships with Fujitsu, Siemens, and Dell.Biewald is a graduate of Clarkson University, where he earned his Bachelor of Science degree in Engineering & Management (E&M).

"Oliver's successful track record of driving international sales at leading storage companies made him the ideal candidate for Caringo," said Goros."CAStor is poised for explosive growth worldwide as companies look to object storage and cloud-based solutions for a less complex way to handle contentstorage from creation to expiration. We are confident that Oliver is the right person to propel CAStor to a new generation of global customers."

CAStor is innovative software that enables object based storage clusters to be implemented using standard x86-based server hardwareby virtualizing disk capacity into a single pool of storage.The perfect infrastructure for storage clouds, CAStor scales seamlessly and flexibly to meet dynamic capacity demands.CAStor clusters are self-managing and self-healing, minimizing operational costsand include all the capabilities required for the long-term preservation of digital assets and archiving of datafor compliance.

About Caringo
Caringo, Inc. believes that file systems are a relic of the past. Today's digital content should be stored together with its metadata for secure, reusable, long term, multi-application use. Simplicity is the keyword at Caringo; for simplicity brings performance, flexibility and robustness while breaking the barriers of file system limitations. Storing your content in CAStor empowers applications to access it either as an object or as a file - a standard file system view on a future-proof object based storage system. Caringo customers have their choice of commodity hardware to build a robust storage cluster that dramatically improves the scope and economics of their content storage system. Caringo makes content storage affordable, scalable, fast and easy.

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