MIT Sloan CIO Symposium Highlights Early-Stage Companies at the Forefront of Technology

Innovation Showcase Finalists Given Key Exposure at Premier Global CIO Event
CAMBRIDGE, Mass.--(Business Wire)--
The7th Annual MIT Sloan CIO Symposium today announced the finalists for its
first Innovation Showcase.

The Innovation Showcase, sponsored by SunGard Availability Services and Intuit,
highlights ten outstanding early-stage companies that provide cutting-edge
technology and offer new levels of value and advancement to Enterprise IT.

"MIT is all about innovation and leadership, and we developed the Innovation
Showcase to highlight companies that embody these traits," said David L.
Verrill, Executive Director of the MIT Center for Digital Business, and the
Co-chair of the Innovation Showcase. "The Symposium provides these early-stage
companies with a platform to demonstrate their new thinking and approaches to
vital challenges facing CIOs in today`s changing economy."

After several rounds of review, the Innovation Showcase Judges, (consisting of
MIT faculty, entrepreneurs, and early-stage investors) chose these ten companies
because they:

* Are currently selling enterprise IT solutions to CIOs today.
* Have solutions that were deemed innovative and unique.
* Offer products or services that clearly have potential to help CIOs drive top
line growth and bottom line results, which is in line with the 2010 CIO
Symposium`s theme.
* Are start-ups with less than $10 million in 2009 revenues.

The 10 finalists are:

* Abaca Technology Corporation from San Jose, CA
Abaca, an innovator in email protection and messaging security, provides the
world's most effective spam filter.

* Buzzient from Cambridge, MA
Buzzient makes social media actionable for global enterprises by providing a
next-generation solution for analytics and integration of this valuable content
with enterprise applications.
* CloudShare from Menlo Park, CA and Tel Aviv
CloudShare is a quick and easy way to share copies of complex IT environments,
online, so users can collaborate with customers, partners, and colleagues - for
demos, proofs-of-concept, training, or other enterprise applications.
* CloudSwitch from Burlington, MA
CloudSwitch helps users migrate existing enterprise applications to the cloud
simply and securely, without re-architecting the application or changing your
management tools.
* Copiun from Marlborough, MA
Copiun offers an Enterprise-Class solution for distributed PC and laptop data
management, storage and search.

* Digital Reef from Boxborough, MA
Digital Reef is the most scalable and open solution for eDiscovery and Digital
Information Governance, empowering corporations, law firms, and service
providers.
* effiScience from Chevy Chase, MD
effiScience delivers breakthrough ROI by using artificial intelligence and
predictive analytics to optimize business performance and returns.
* Okta from San Francisco, CA.
Okta provides a Cloud platform for managing applications. Okta transforms siloed
cloud applications into a secure and manageable Cloud Area Network.
* OpenSpan from Alpharetta, GA.
OpenSpan`s products enhance personal workflow management and the end user
experience by enabling all the applications required for daily tasks to work
together seamlessly.
* Yammer from San Francisco, CA.
Yammer is a suite of applications for Enterprise Micro-blogging, Collaboration,
and Real-time Communications.

The Innovation Showcase will take place 6:00 pm to 7:30 pm in the MIT Kresge
Auditorium on Wednesday, May 19, 2010, at MIT, in Cambridge, MA. The full agenda
of the MIT Sloan CIO Symposium is available at www.mitcio.com/agenda.

About the MIT Sloan CIO Symposium

The MIT Sloan CIO Symposium is the premier global event for CIOs and senior IT
executives to become better business leaders. In one day, CIOs and senior IT
executives receive actionable information that enables them to meet the
challenges of today`s changing global economy. The annual event offers a day of
interactive learning and thought-provoking discourse on the future of
technology, best practices, and business that is not available anywhere else.
The MIT Sloan CIO Symposium is organized and developed by a team from the MIT
Sloan Alumni Club of Boston, the MIT Center for Digital Business and the Boston
Chapter of the Society for Information Management. Visit www.mitcio.com for more
information and registration.

To stay connected to the community developing around the Symposium, please join
The Global CIO & Executive IT Group (An MIT Sloan CIO Group), which can be found
on Linkedin.com: http://www.linkedin.com/groupInvitation?groupID=1719457. Follow
Symposium updates on Twitter: http://twitter.com/mitciosymposium.

Editor`s Note:

Journalists interested in a press credentials or speaking with any of the
Showcase Innovation finalists should contact Rachel Greenstein
(rachel@warnerpr.com; +1 617.569.6269) or Robert Minicucci (robert@warnerpr.com;
+1 603.488.5856), Warner Communications.

Warner Communications
Robert Minicucci
603-488-5856 (d)
339-206-1722 (m)
robert@warnerpr.com
or
Warner Communications
Rachel Greenstein
617-569-6269 (d)
781-254-3866 (m)
rachel@warnerpr.com

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