Egnyte Selected as Finalist in GigaOM Net:Work 2010 "Future Ideas" Contest

Leading Provider of Cloud File Server Solutions Chosen for Innovations that are Helping Power Today's Always-On Workforce

Mountain View, CA, November 30, 2010 - Ð Egnyte, a leading provider of cloud file server solutions, was announced as a finalist for GigaOM's Net:Work 2010 Conference "Future Ideas" contest. Egnyte was chosen among dozens of applicants by a panel of GigaOM editors and research analysts for how its cloud offerings are transforming the way people work.

"Finalists were selected for developing sophisticated technologies that are changing how businesses operate," said Surj Patel, VP of events at GigaOM. "Egnyte is one of the eight companies that stood out for its hybrid cloud offering that enables business professionals to more easily collaborate and share critical business information across networks."

"We are honored to be recognized by GigaOM as a finalist and innovator in such an important category," said Vineet Jain, Egnyte CEO. "Cloud computing has become a significant part of moving business forward, allowing professionals to work from anywhere, easily collaborate and remain connected. EgnyteÕs technology guarantees businesses the fastest, most reliable data access which will continue to evolve the industry and change the way people work."

Egnyte provides small businesses, professionals and enterprises with a quick and cost effective solution to store and share their growing volume of files online. With Egnyte, businesses have anytime, anywhere access to an online file server, without the need to buy any hardware or incur ongoing maintenance costs. By delivering highly scalable, simple and affordable server and storage solutions, Egnyte integrates the best of both online and offline worlds to provide critical business infrastructure at LAN speeds for online storage, backup, file sharing and collaboration.

Egnyte will present at Net:Work at 5:50 p.m., where the audience will have a chance to vote for the 'best idea' that will most impact the future of work. The GigaOM Net:Work 2010 conference will take place December 9, 2010 at the Mission Bay Conference Center in San Francisco.

About GigaOM

Founded in 2006, GigaOM has grown into the leading provider of online media, events and research for global technology innovators. The company is one of the most credible and insightful voices at the intersection of business and technology, with an online audience of more than 4 million monthly unique visitors; industry-leading events, including Structure, Mobilize, NewTeeVee Live, Net:Work, Green:Net and Bunker Sessions; and a pioneering market research service and digital community, GigaOM Pro, which provides insider access to expert analysis on emerging technology markets.

About Egnyte

Egnyte allows businesses to share files safely. Egnyte Cloud File Server delivers file storage, sharing and backup capabilities that are easy to use, yet provide the centralized visibility and control required to enforce business policies. Egnyte Local Cloud utilizes hybrid cloud technology to combine cloud storage flexibility with local storage performance. Local and cloud files are automatically synchronized for offline and online access. Egnyte, based in Mountain View, California, is a privately held company backed by venture capital firms Kleiner Perkins Caufield & Byers, Floodgate Fund, and Polaris Venture Partners. For more information, please visit www.egnyte.com or call 1-877-734-6983