Carbonite Receives MassEcon Economic Impact Award for Promoting Business Growth in Massachusetts

Company Honored With Bronze Award for Creating 300 New Jobs in Greater Boston


BOSTON, Nov. 24, 2015 (GLOBE NEWSWIRE) -- Carbonite, Inc. (Nasdaq:CARB), a leading provider of cloud and hybrid business continuity solutions for small and midsized businesses (SMBs), today announced it has received the Team Massachusetts Economic Impact Bronze Award from MassEcon, the state's private sector partner in promoting business growth in Massachusetts. Recognized for its contribution to expanding the state's economy, Carbonite hired more than 300 new employees throughout 2014, which coincided with the 53,000 square foot investment the company made in moving its headquarters to Downtown Crossing.

"The Impact Award is a tremendous honor for our growing team and we're humbled that MassEcon selected us," said Mohamad Ali, CEO of Carbonite. "We remain committed to expanding operations in Greater Boston and being a cornerstone of the revitalization of Boston's Downtown Crossing neighborhood. Consistent with Massachusetts' status as a national technology hub, Carbonite will continue to foster tech talent and strengthen the state's economy."

Carbonite was recognized at the Twelfth Annual Team Massachusetts Economic Impact Award alongside 17 other Massachusetts companies, receiving the bronze for the Greater Boston area. The company was judged on the basis of job growth, facility expansion, investment and community involvement since January 1, 2014. Carbonite was selected after site visits and a reception with their competitors and judges at Nutter McClennen & Fish LLP.

"MassEcon is honored to celebrate Carbonite and others for their commitment to Massachusetts," said Susan Houston, Executive Director of MassEcon. "Their investment and job growth stimulates benefits in all regions of the Commonwealth, and we are excited to publicly acknowledge the achievements of these outstanding corporate citizens."

Details about the Team Massachusetts Economic Impact Award and a complete list of winners are available at http://massecon.com/events/12th-annual-team-massachusetts-economic-impact-awards-luncheon-2/.

About Carbonite

Carbonite (Nasdaq:CARB) is a leading provider of cloud and hybrid business continuity solutions for small and midsized businesses. Together with our partners, we support more than 1.5 million individuals and small businesses around the world who rely on us to ensure their important data is protected, available and useful. To learn more about the cloud solutions voted #1 by PC Magazine readers, as well as our partner program and our award-winning customer support, visit us at Carbonite.com.

About MassEcon

MassEcon, founded in 1993, is a non-profit, non-partisan entity that serves as the state's private sector partner in promoting Massachusetts as the premier choice for business growth. Its services include the state's only Site Selection Service – including the online ReadyMass 100 portfolio - which helps expanding and relocating companies find a home in the Commonwealth; the Research & Information Service, which provides companies with the information they need to evaluate the Commonwealth as a location to grow; and the Massachusetts Ambassadors, a network of civic and corporate leaders who help market Massachusetts as a place to do business. www.massecon.com.



            

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