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Industry Leaders Award SwiftStack for Innovation in the Cloud

Leading Software-Defined Storage Company Lands Recognition From CRN and Stratus Awards

SAN FRANCISCO, CA -- (Marketwired) -- 08/12/14 -- Today SwiftStack, the leader in software-defined storage for the cloud, proudly announced it won two industry awards, validation of the company's strong momentum and innovation in the world of cloud storage. CRN declared SwiftStack one of 2014's hottest emerging storage vendors and The Business Intelligence Group named SwiftStack a finalist in its Stratus Awards.

"The cloud storage market is crowded with public storage competition and large legacy storage players. Standing out underscores the market's desire for software-defined storage," said Joe Arnold, CEO of SwiftStack. "Our vision is to simplify integration, scalability and management of storage for today's modern data centers. Being recognized among other cloud innovators in the industry is a reflection of our team's relentless work to keep our customers competitive."

OpenStack's object storage engine, Swift, is at the heart of the SwiftStack software-defined platform. SwiftStack has experienced tremendous organic growth since its founding in 2011. In the past year, the company has increased its customer base by over 400 percent since working with large businesses including HP and eBay. In June, the company launched SwiftStack 2.0, the next generation of its scalable, cost-effective and flexible software-defined platform.

CRN's annual "Emerging Vendors" list identifies up-and-coming technology vendors that have introduced innovative new products, creating opportunities for channel partners in North America to create high-margin, cutting-edge solutions for their customers. In its inaugural year, the Stratus Awards finalists represent a grouping of the most innovative companies working to foster cloud computing and implement the software in other industries. SwiftStack was recognized as a finalist in the "Software as a Service (SaaS)" category.

About The Channel Company
The Channel Company is the channel community's trusted authority for growth and innovation, with established brands including CRN, XChange Events, IPED, and SharedVue. For more than three decades, the Channel Company has leveraged its leading-edge platforms to deliver prescriptive sales and marketing solutions for the technology channel.

About the Business Intelligence Group
The Business Intelligence Group was founded with a mission of recognizing true talent and superior performance in the business world. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and rewards companies whose achievements stand above those of their peers.

About SwiftStack
SwiftStack is an industry leading software defined storage company. With OpenStack's object storage project Swift at its core, SwiftStack offers a flexible and powerful software platform that allows operators to deploy, integrate and scale on standard hardware. With SwiftStack, applications developers and operations teams can leverage the power of an object storage infrastructure with the control, security and total cost of ownership their business demands. Launched in 2011, the company boasts support for large enterprise F500 customers. SwiftStack is headquartered in San Francisco, with offices globally, and is backed by top-tier investors, including Mayfield Fund and Storm Ventures. Connect with us on Twitter and LinkedIn, or please visit www.swiftstack.com.

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