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Pivot3 Named to Forbes’ List of America’s Most Promising Companies

Pivot3, a leading supplier of video surveillance and virtual desktop infrastructure (VDI) storage appliances, today announced it has been recognized in Forbes’ annual ranking of America’s Most Promising Companies. Pivot3 ranked number 74 on the list of 100 privately held, high-growth companies with bright futures.

With nearly 600 customers across the globe, Pivot3 provides purpose-built, scale-out storage and compute appliances for video surveillance and virtual desktop environments. Pivot3’s flagship vSTAC™ product family delivers seamlessly converged, highly available shared storage and virtual server appliances for modern virtual server and data workloads. Today, Pivot3 is the global market leader in IP SAN storage for video surveillance with over 7000 appliances in use around the world ensuring the storage of critical video security data.

Forbes based this year’s list on a number of variables, taking into consideration company sales and employee growth, quality of management teams and investors, margins, market size and key partnerships. While making its final decisions, Forbes turned to CB Insights, a Manhattan-based data research firm that specializes in assessing private companies. To refine its search, Forbes enlisted CB Insights’ Mosaic software which scans 45,000 sources to measure a company’s health, gathering myriad signals into a final score that Forbes then used as an initial guide in producing the list.

“It is quite an honor to be recognized in Forbes’ List of America’s Most Promising Companies,” said Rich Bravman, chief executive officer at Pivot3. “To be acknowledged by such a well-respected publication is a great achievement for our team and a testament to our technology, and more importantly, a marker of our commitment to our customers’ success. We have an extremely bright future ahead of us, as we have leading storage technology solutions, an increasing breadth of customers, strong partnerships and rapidly expanding market opportunities.”

For more information about Pivot3, please visit www.pivot3.com.

About Pivot3 Products

Pivot3’s flagship vSTAC™ product family delivers seamlessly converged, highly available shared storage and virtual server appliances that are purpose-built for modern virtual server and data workloads. Pivot3 ships purpose-built vSTAC appliances for different target applications including virtualization, video surveillance and virtual desktop infrastructure. Pivot3 is the global market leader in IP SAN storage for video surveillance with the vSTAC Watch. The latest addition to the product family, vSTAC VDI or “View in a Box,” provides virtual desktop infrastructure for VMware View deployments.

About Pivot3

Pivot3 was founded in 2003 on the idea that today's stack of virtual servers, shared storage and networks could be converged to drive down complexity and cost while dramatically increasing scale-out performance. Today, Pivot3 has over 600 customers across the globe that have deployed in excess of 7000 Pivot3 vSTAC™ converged storage and compute appliances. Pivot3 products converge storage and compute in the video surveillance, virtual desktop and virtualization markets, and have seen particular success in the public sector, transportation, gaming, education and retail vertical segments. The company has won numerous awards and was selected by the Wall Street Journal for the prestigious "2011 Next Big Thing" category. To learn more about Pivot3, visit www.pivot3.com.

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