Egnyte Named to the First Annual InformationWeek Startup 50

Egnyte Recognized as One of This Year`s Most Innovative Cloud Computing Startups

MOUNTAIN VIEW, Calif.--(Business Wire)--
Egnyte, a provider of on-demand file server solutions, announced that it was
named to the first annual listing of the InformationWeek Startup 50, revealed
today in InformationWeek Magazine and on InformationWeek.com.

InformationWeek`s Startup 50 is a list of the top 50 business technology
startups selected by InformationWeek readers and editors. Companies were
selected in a three-step process that involved nomination, online voting, and
editorial vetting.

The technologies and the companies behind them were evaluated on the following
criteria:

* Innovation and their ability to inject new ways of doing things into business
processes
* Value, which is reflected in lower costs, increased sales, higher
productivity, or improved customer loyalty
* Enterprise-readiness, meaning that a product or service scales and can be
deployed and managed as necessary by IT pros

Egnyte CEO Vineet Jain stated, "We are delighted to make InformationWeek`s list
of top 50 innovative startups. Cloud computing has become a significant
technology trend, and we are pleased to be recognized for our approach in
delivering highly scalable, simple and affordable storage solutions that blend
the best of both the online and offline worlds."

Launched in 2008, Egnyte provides small and medium-size businesses a quick and
cost effective solution to store and share their growing volume of files online.
With Egnyte, businesses get an online File Server, without the need to buy any
hardware or incur ongoing maintenance costs.

Recently, Egnyte introduced a complementary solution to its existing online File
Server - the Egnyte "Local Cloud." Egnyte`s Local Cloud blends a hosted online
solution with an on-premise solution, providing the benefits of unlimited
storage, secure access anywhere, easy file collaboration, built in disaster
recover, fast access, off-line access and the ability to run client server
applications locally.

"It was difficult to limit ourselves to 50 startups because there`s a lot of
exciting companies out there," said Andrew Conry-Murray, business editor,
InformationWeek. "That said, we believe the InformationWeek Startup 50 have
innovative solutions to critical business problems and are worthy of enterprise
consideration."

InformationWeek editors and readers identified young companies that are ready to
address the critical challenges facing the enterprise. Whether it is securing
networks, cutting costs or streamlining IT operations and business processes,
the InformationWeek Startup 50 provides IT professionals and executives insight
on new and innovative solutions from the named companies.

The full list of the InformationWeek Startup 50: Business Technology Companies
To Watch, along with analysis by InformationWeek editors, can be found online at
http://www.informationweek.com/news/services/saas/showArticle.jhtml?articleID=216600068.

About Egnyte

Egnyte is a leading provider of on-demand file server solutions for small
businesses and professionals. Egnyte was founded in 2006 and is privately
financed. The company is headquartered in Mountain View, Calif. For more
information, please visit www.egnyte.com or call 1-877-7EGNYTE.

About InformationWeek

InformationWeek (www.informationweek.com) is the anchor brand for the
InformationWeek Business Technology Network - a powerful portfolio of resources
that span the technology market, including security with DarkReading.com,
storage with ByteandSwitch.com, application architecture with
IntelligentEnterprise.com, network architecture with NetworkComputing.com, cloud
computing with PlugIntoTheCloud.com, and Internet innovation with
InternetEvolution.com. InformationWeek magazine reaches 440,000 business
technology professionals at more than a quarter million unique locations. Its
mission is to help CIOs and IT executives define and frame their business
technology objectives. InformationWeek.com delivers breaking news, blogs,
high-impact image galleries, and proprietary research as well as analysis on IT
trends, a whitepaper library, video reports, and interactive tools, all in a
24/7 environment.

About TechWeb

TechWeb (http://techweb.com/aboutus), the global leader in business technology
media, is an innovative business focused on serving the needs of technology
decision-makers and marketers worldwide. TechWeb produces the most respected and
consumed media brands in the business technology market. Today, more than 13.3
million* business technology professionals actively engage in our communities
created around our global face-to-face events such as Interop, Enterprise 2.0,
Web 2.0, Black Hat and VoiceCon; online resources such as Informationweek.com,
Light Reading, Intelligent Enterprise, bMighty.com, and the Financial Technology
Network; and the market leading, award-winning InformationWeek, TechNet
Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also
provides end-to-end services ranging from next-generation performance marketing,
integrated media, market research, and analyst services. TechWeb is a division
of United Business Media, a global provider of news distribution and specialist
information services with a market capitalization of more than $2.5 billion.

*13.3 million business decision-makers: based on # of monthly connections across
TechWeb brands.

Egnyte
Carolyn Adams, 415-963-4174 (Media)
carolyn (at) bordersgratehouse.com
or
InformationWeek
Ellen Asuncion, Sr. Marketing Manager, 949-223-3622 (Media)
easuncion@techweb.com

Copyright Business Wire 2009