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Symform Co-Founder Named One of CRN'S 2012 Top 100 Channel Executives

Praerit Garg Recognized Amongst the Top 25 Disruptors for Driving Industry Innovation and Increasing Revenue Opportunities for Channel Partners

SEATTLE, WA -- (Marketwire) -- 11/26/12 -- Symform, a revolutionary, distributed cloud backup service, today announced that Praerit Garg, co-founder and president, was named one of CRN's Top 100 Executives in the IT Channel for 2012. According to CRN award organizers, Garg was recognized as a Top 25 Disruptor for driving changes in channel industry dynamics, and for fostering additional revenue opportunities for channel partners. CRN's annual Top 100 Channel Executives list salutes the most influential and innovative channel executives in North America.

"We're recognizing this year's Top 100 Executives for their commitment to the channel," said Kelley Damore, vice president and editorial director for UBM Channel. "For 2012, our goal was to once again shine a spotlight on the most influential executives in the industry today. But we also wanted to pay homage to the channel advocates, sales and services leaders, innovators and disrupters. We salute all these leaders for their devotion to the technology channel and their willingness to adopt new strategies and policies in order to drive greater sales for partners, while positioning their own company for future growth."

As co-founder and president of Symform, Garg leads the pack of the Top 25 Disruptors with CRN noting that, "Symform has changed the way we think about the cloud... all while fostering a dedicated group of followers that is poised for growth over the next few years."

Garg is disrupting the IT channel and cloud storage markets by delivering the industry's first free and unlimited cloud storage and backup offering. Symform's new 'Bytes or Bucks' pricing model offers a unique value proposition for partners by allowing them to add high-performing secure cloud data backup to their solutions and services at a fraction of the cost of other cloud solutions. The Symform Partner Program spans resellers, strategic alliances, NAS and OEM partners, enabling Symform to build the world's largest virtual data center. Symform's Global Cloud Storage Network is achieving record growth in 2012, with customers currently storing more than 5.5 billion data fragments and 150 million files across 160 countries.

"Building Symform's channel and partner program is foundational to the future growth of our global cloud storage network," said Praerit Garg, co-founder and president at Symform. "Being recognized amongst the Top 100 Channel Executives and Top 25 Disruptors validates our commitment to providing partners with the most affordable, secure and reliable cloud storage and backup solution in the industry."

Executives on the Top 100 list are organized into four categories, including channel sales leaders, most influential, innovators, and disruptors. Winners were chosen based on nominations from solution providers and ranked based on channel influence, effectiveness and visibility, and business and sales impact. Among the criteria were channel sales volume, channel investment and resources, channel advocacy and visibility, and performance in UBM Channel research projects (including the Annual Report Card and Channel Champions). A panel of UBM Channel editors made the final selections.
Expanded coverage of the 2012 Top 100 Executives is featured in the November issue of CRN Magazine and online at www.crn.com.

About Symform
The Symform Cloud Storage Network is a better way to store and backup all of your data. As the world's first distributed and crowdsourced data backup solution, Symform enables users to pay with bytes instead of bucks. Every business on the network contributes excess local drive space to the grid in exchange for secure, fast and reliable cloud data backup. Before data leaves the source device, it is encrypted and shredded, redundancy added, and then geo-distributed across the global network. With its proprietary and patented technology, Symform is building the world's largest virtual datacenter using existing Internet infrastructure. Go to www.symform.com or email [email protected] for more information.

Symform, Symform Global Cloud Storage Network, the Resilient Storage Architecture, and RAID-96 are trademarks of Symform, Inc. References to other companies and their products acknowledge the trademarks owned by their respective companies and are for reference purposes only.

About UBM Channel
UBM Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With over 30 years of experience and engagement, UBM Channel has the unmatched channel expertise to execute integrated solutions for technology executives managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. UBM Channel is a UBM company. To learn more about UBM Channel, visit us at www.ubmchannel.com.

UBM plc
UBM plc is a leading global business media company. We inform markets and bring the world's buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries is organized into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently. For more information, go to www.ubm.com

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Scott Regan
UBM Channel
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Lindsey Bradshaw
Barokas PR for Symform
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