Ocarina Networks Adds Industry Veteran to Board of Directors

Former VERITAS Executive to Provide Strategic Guidance as Online Storage Optimization Takes Center-Stage


SAN JOSE, CA--(Marketwire - June 3, 2009) - Ocarina Networks today announced that software industry veteran Paul Sallaberry has joined the company's Board of Directors. This addition comes as demand for the company's online storage optimization solution continues to rapidly increase.

Sallaberry comes to Ocarina with a career of leading Enterprise-class worldwide sales, marketing and services organizations. As executive vice president of Worldwide Field Operations for VERITAS Software, Sallaberry was responsible for defining strategy and driving revenue in excess of $1.5 billion achieving profit goals for the corporation's global multi-tier sales distribution and professional services operations. Sallaberry joined VERITAS in the role of vice president, North American Sales in April 1997, and through the acquisition of OpenVision Technologies, Inc. successfully led the integration of OpenVision's customer-facing functions with those of VERITAS which subsequently enabled VERITAS' future worldwide distribution expansion. Promoted to SVP of worldwide sales, Sallaberry led the seamless worldwide integration of VERITAS' acquisition of Seagate, growing VERITAS' worldwide sales capacity from an employee base of 200 at acquisition, to its current capacity of over 2,200.

Prior to OpenVision, Sallaberry held a series of positions at Oracle Corporation from 1989 through 1992, including vice president of Oracle's Vertical Sales Division. He serves on the Board of Directors for Quest Software, Calypso Technologies, Mimosa Systems, GFI, and Dorado Software, is a member of the U.C. Davis Foundation Board of Trustees and a frequent speaker at both the Stanford Graduate School of Business and the UCLA Anderson School of Management.

"Paul's experience growing small organizations into market leaders is truly impressive and is going to be very valuable as we continue to grow Ocarina," said Murli Thirumale, CEO of Ocarina Networks. "Online storage optimization is one of the most important developments in the storage industry, and is fast becoming a 'must have' for anyone with growing storage needs and a desire to contain costs. As the market demand for storage optimization and our business continues to expand, we look forward to the benefit of Paul's guidance and industry expertise."

"In today's economic climate most companies are looking for 6-12 month ROIs when they evaluate technology and Ocarina clearly delivers those results hands down," said Sallaberry. "Ocarina's solution and unique IP reduces complexity in managing the explosion of data and provides immediate hard capex savings in storage. Their market traction is impressive and I am looking forward to helping them continue to deliver and grow."

Ocarina Networks provides the industry's first solution to leverage patented content-aware compression and object deduplication technologies to reduce the space taken by online file data by up to 90%. As a result, Ocarina can drastically reduce capital and operational expenses for businesses faced with soaring storage costs.

About Ocarina

Ocarina is a leader in online storage optimization solutions. Organizations of all sizes use Ocarina's content-aware optimization technology to reduce their storage footprint and achieve a ten-fold capacity increase on their current storage systems. Based in San Jose, Calif., Ocarina is privately-held and financed by leading investors JAFCO Ventures, Kleiner Perkins Caufield & Byers and Highland Capital Partners.

For more information, visit www.ocarinanetworks.com.

Contact Information: Media Contacts: Jason Throckmorton or Melissa Biles LaunchSquad 415.625.8555 ocarina (at) launchsquad (dot) com