EMC’s Mozy Online Backup Service Doubles Its Business Customer Base
100% Growth In Six Months, Driven By Rapid Adoption Across the Spectrum of Customers
SALT LAKE CITY - July 2008
Mozy, Inc., an EMC Company (NYSE:EMC) and the leader in online backup for businesses and consumers, today announced that it has doubled the size of its enterprise and small to medium-size business customer base during the first half of 2008. Mozy has more than 750,000 users and 20,000 business customers backing up 7.6 billion files to its 10-petabyte storage system. In addition, Mozy has announced that Thrive Networks, Inc., a subsidiary of Staples, has signed a contract with Mozy to provide online backup to its customers. This service will also be offered to Staples’ customers as Staples Network Services by Thrive.
“Thrive Networks is very excited about our relationship with EMC, the world leader in information infrastructure.” said Jim Lippie, president of Thrive. “We have been in search of a scalable, high quality and dynamic online back-up solution for our clients at a compelling price point and we finally found it with Mozy’s service.”
Organizations using the MozyTM service range from Fortune 500 companies to small businesses in every industry, including General Electric, Vanderbilt University, The University of Pittsburgh and thousands of other small and medium sized businesses. Mozy also has a growing network of 2,500 resellers and partners, including Acxiom and AmeriVault. EMC has even integrated Mozy with Iomega® products to further extend the Mozy backup capabilities.
“As online backup becomes a priority for businesses of all sizes, our business offerings are now enjoying growth comparable to our market-leading MozyHome® consumer service,” said Vance Checketts, chief operating officer for Mozy, Inc. “Customer growth in a number of market segments is up nearly 200 percent. This kind of growth affords us the ability to scale our operations to support future business and consumer customers who choose us for simple, automatic, and secure online backup.”
Mozy automatically protects your digital information, including photos, music, spreadsheets and financial documents, from data loss in the event of hard drive crash, accidental deletion, natural disaster or theft. All files are encrypted first on the user’s machine and then securely transferred to Mozy’s remote data centers via the same encryption methods used for online banking. Mozy offers three services to meet the needs of consumers, small businesses, and enterprises:
* MozyHome – the first unlimited online backup service for Windows and Mac consumers
* MozyPro® – the online backup service for small and medium-sized businesses with a private encryption key option, 24x7 phone support and an intuitive Web-based administrative console for centralized management
* MozyEnterpriseTM – the online backup service for larger organizations seeking assisted activation, robust deployment options and higher prioritization of support requests
EMC is a registered trademark of EMC Corporation. MozyHome and MozyPro are registered trademarks, and Mozy and MozyEnterprise are trademarks of Mozy, Inc. Iomega is a registered trademark of Iomega Corporation. All other trademarks are the property of their respective owners.
This release contains “forward-looking statements” as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) our ability to protect our proprietary technology; (iv) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (v) fluctuations in VMware, Inc.’s operating results and risks associated with trading of VMware stock; (vi) competitive factors, including but not limited to pricing pressures and new product introductions; (vii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (viii) component and product quality and availability; (ix) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (x) insufficient, excess or obsolete inventory; (xi) war or acts of terrorism; (xii) the ability to attract and retain highly qualified employees; (xiii) fluctuating currency exchange rates; and (xiv) other one-time events and other important factors disclosed previously and from time to time in EMC’s filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.
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