Company growth fueled by customer adoption of object storage solutions

AUSTIN, Texas, February 1, 2011 — Caringo Inc., the leading provider of scalable object storage software for the full spectrum of secure, self-managing, compliant and high performance hybrid cloud storage, today announced its move to new corporate headquarters in Austin. The opening of the new office marks the achievement of another milestone in the company’s growth plans including the customer base adoption of its flagship product CAStor 5.0, major OEM and channel partnership wins worldwide, and hundreds of successful customer installations. At three times the size of the company’s previous headquarters, the new space is designed to accommodate its expanded management team and fast-growing technical staff which conduct product development, design, test, support and operations for its object based storage software.

Founded in 2005, the growth of Caringo has been accelerated by the compelling need of companies to cost effectively scale their storage systems from terabytes to petabytes while delivering the massive throughput required of enterprise computing environments seeking a simple and unified storage solution. Caringo software provides the data protection required by the most demanding enterprise customers by incorporating automatic data replication to one or more nodes in the cluster, metadata driven remote distribution, guaranteed data integrity and WORM functionality supporting continuous high availability active archive solutions.

“This new office expansion comes on the heels of the successful completion of the Caringo 5.0 software rollout. I’m very excited about this move as it mirrors Caringo’s expanding operations and growing presence in the marketplace,” said Mark Goros, CEO and Co-founder of Caringo. “With cloud computing emerging as the IT growth wave of the future, Caringo and its cutting-edge object storage technology for the cloud is well poised to thrive and grow at its new headquarters.”

The new Caringo facility features a first class training center, an expanded QA lab and datacenter enabling rigorous performance and scalability testing, an executive briefing/demonstration center to showcase the Caringo product suite and state of the art collaboration space to facilitate the growing management, engineering, quality and support organizations. The location along Capital of Texas Highway puts Caringo in close proximity to much of Austin’s high tech community and provides easy access to Austin-Bergstrom International Airport which is convenient for customers flying in to attend training.

“We chose Austin for our corporate office because of its rich technology assets and talented workforce. Our company sees Austin as a place to fuel our creative juices and continue to blaze a new trail of innovation,” said Jonathan Ring, President and Co-founder of Caringo. “Caringo prides itself on the innovation of our product offerings and the talent of our people, and given the strong business climate in Austin, it is the perfect place for us to continue to grow our business.”

About Caringo

Caringo, Inc. believes that file systems are a relic of the past. Today’s digital content should be stored 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 any content storage. Caringo makes content storage affordable, scalable, fast and easy.