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              StorageCraft CEO Matt Medeiros Listed as Top Innovator in Annual CRN Survey

              $187 million investment showing immediate and encouraging results

              StorageCraft Chairman and CEO Matt Medeiros

              DRAPER, Utah -- StorageCraft® Technology Corp., the intelligent recovery and backup company, announced today that its CEO, Matt Medeiros, has received the number one position in CRN’s Top Innovator category. Published as part of CRN's Top 100 Executives Of 2016 list, the 25 Most Innovative Executives are “those who recognize today's biggest business challenges and find the most creative ways to solve them.”

              “I was part of the investment team at TA Associates that made a significant investment in this space,” said Matt Medeiros. “Those efforts clearly identified where the opportunities were, and when I assumed the role of CEO in January, we hit the ground running. I am honored to receive the top spot from CRN.”

              It became clear to Medeiros and the TA team that the storage industry model is expensive and not very customer-friendly and, therefore, is vulnerable to a disruptive solution. Simply telling customers to buy more storage as a brute force answer to a complex IT problem is wearing thin on many chief information officers. They want smart approaches to their storage problems. StorageCraft brings an intelligent backup and recovery solution that recognizes not all data, even after de-duping, is equal. Hence, the StorageCraft Recovery Solution targets mission-critical data for immediate recovery in the event of an outage.

              StorageCraft Board Member and TA Associates Managing Director John Meeks said that Medeiros’ first six months is only a taste of what is to come. “Under Matt Medeiros’ direction, StorageCraft has rapidly expanded its reach around the globe. He and the entire StorageCraft team are striving to produce new innovative products that will allow IT professionals to quickly and reliably recover and backup the data and systems most important to them,” Meeks said.

              During Medeiros’ brief and productive tenure, the company has re-tooled its product introduction processes, invested in employee training and increased the size of its developer team locally and globally, making the delivery of its market-driven solutions more timely and accurate. Additionally, the field sales resources have also increased, and the partner programs have been strengthened in order to raise the bar by attracting and rewarding partners that have demonstrated commitment and competency in the recovery and backup space. These changes have paid off handsomely as the product releases have been more frequent and well-received and the domestic channel has grown significantly.

              The Top 100 Executives list is featured in the August 2016 issue of CRN and online at www.crn.com/top100.

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              About StorageCraft Technology Corp.
              The StorageCraft family of companies, founded in 2003, provides best-in-class backup, disaster recovery, system migration and data protection solutions for servers, desktops and laptops. StorageCraft delivers software products that reduce downtime, improve security and stability for systems and data, and lower the total cost of ownership. For more information, visit www.storagecraft.com.

              StorageCraft and ShadowProtect are trademarks of StorageCraft Technology Corp. Other company and product names may be trademarks or registered trademarks of their respective owners

              Media Contact:        
              Brad Thomas
              StorageCraft Technology Corp.         
              801-871-2913
              brad.thomas@storagecraft.com