AUSTIN, Texas and PALO ALTO, California, December 6, 2011 — Caringo Inc., the global leader in object storage, and CTERA Networks, an innovator in hybrid cloud storage and data protection, announced today that the companies have integrated Caringo CAStor® object storage software with CTERA Cloud Attached Storage® gateways and CTERA Portal to provide a full-featured, market-ready cloud storage solution.

The combination of Caringo’s world-class object storage with CTERA’s cloud platform results in cloud storage capable of delivering the ease of management, performance, integrity and scale necessary for business users of all sizes. CAStor’s ability to leverage any x86 server hardware, deliver up to 98% disk utilization, and the ability to incrementally scale up or down, results in flexible cloud infrastructure that reduces CAPEX and OPEX.

“Partnering with Caringo pairs our innovative CTERA Portal with the market-leading object storage platform,” said Liran Eshel, CEO and co-founder of CTERA Networks. “Their highly automated approach, combined with our cloud storage gateways, enables a cloud storage solution that can easily grow and deliver data protection and file sharing with LAN-speed performance and end-to-end security.”

“The key characteristics to look for in a cloud storage solution are the ability to easily and cost effectively manage infrastructure and service utilization,” said Mark Goros, CEO at Caringo. “We achieve this through our partnership by combining Caringo’s highly automated and self optimizing object storage with CTERA’s robust cloud storage gateways and portal.”

“We are excited at the opportunity to scale up our cloud storage offering with the integrated CTERA-Caringo solution,” says Jonathan Kearns, executive vice president, operations at CloudSilo, a cloud service provider based in Tuscon, AZ. “With the combined solution, we’ll be able to offer cloud storage services to a growing number of businesses and channel partners, and meet demand as it grows.”

The Caringo object storage platform powered by CAStor is software that enables big storage for unstructured data by utilizing any x86 server hardware or any combination of hard drive type or size. Service providers using Caringo as storage infrastructure for their cloud storage service can scale incrementally up or down a single hard drive at a time and can upgrade and retire hardware without service downtime. Caringo’s advanced management, optimization, and self-healing technology results in a unified storage system with a single namespace that can scale to billions of objects and petabytes per location all easily managed by a single system administrator.

CTERA Portal empowers cloud service providers to offer hybrid on-premise/cloud storage and data protection solutions to their SMB customers with complete control and minimal operational overhead, and based on their cloud infrastructure of choice. Service providers can create service plans, centrally managing all aspects of backup and recovery, synchronize cloud and local drives, subscriber on-boarding, service provisioning, status monitoring, billing and reporting. The CTERA Portal works seamlessly with CTERA’s line of cloud storage gateway appliances and managed agents.

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About Caringo

Caringo is the global leader in object storage and developer of the Caringo Object Storage Platform powered by CAStor – software that enables massive scalability and future-proof accessibility of unstructured data. Caringo object storage enables cloud storage solutions, big data repositories and general storage infrastructure replacing NAS, tape and VTL. Our field-proven technology utilizes any combination of x86 server hardware to build boundless storage solutions accessible via HTTP. Caringo object storage is integrated into leading data management applications from CommVault and Veritas, among many others. Organizations of all sizes can now avoid vendor lock-in, reduce costs, and guarantee data accessibility for decades to come. Caringo has over 400 customers ranging from SMBs to Fortune 500 companies.

About CTERA Networks

CTERA Networks revolutionizes storage and data protection for SMBs and enterprise branch offices with Cloud Attached Storage®, a hybrid solution that combines secure cloud storage services with on-premises storage appliances for a seamless user experience. CTERA provides a cloud services platform that enables service providers and IT resellers to quickly deliver cloud storage, hybrid local/offsite data protection and collaboration as managed services to their customers. For more information, visit www.ctera.com.