GreenBytes Receives Red Herring 100 North America Award

Developer of Next-Generation Hybrid Storage Architecture Joins Prestigious List of Innovative, Industry-Disrupting Companies 

Ashaway, R.I. – June 30, 2010 – GreenBytes®, Inc., a developer of high-performance, energy-efficient inline deduplication data storage solutions, today announced that it has been named to Red Herring’s North America 100 list, an annual ranking of the 100 most innovative private technology companies in the North America business region. Red Herring’s Top 100 North America list has become a mark of distinction for identifying promising new companies and entrepreneurs, as Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google (NASDAQ:GOOG), Yahoo (NASDAQ:YHOO), Skype, Salesforce.com (NYSE:CRM), YouTube, and eBay (NASDAQ:EBAY) would change the way we live and work.

“We are honored to be a recipient of the Red Herring North America 100 Award,” said Bob Petrocelli, chief executive officer, GreenBytes. “Red Herring has a proven track record of acknowledging those companies that are poised to disrupt an industry, and this recognition provides further validation as to our next generation of data storage solutions and the significant impact that GreenBytes’ Hybrid Storage Architecture is expected to have on the data storage industry.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America.

“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe GreenBytes embodies the vision, drive and innovation that define a successful entrepreneurial venture. GreenBytes should be proud of its accomplishment, as the competition was very strong.”

In addition to Red Herring’s recognition and considerable traction in North America, GreenBytes recently announced its entry into the European market where its products are now available through Dutch distributor Consolidate IT and a number of resellers in Belgium, Denmark, Germany, Ireland, the Netherlands, Norway, Sweden and the United Kingdom.

About GreenBytes, Inc.
GreenBytes, Inc. is a provider of high-performance, energy-efficient inline deduplication storage appliances. Featuring the world’s fastest, most efficient next-generation Hybrid Storage Architecture (HSA), GreenBytes’ GB-X Series storage appliances combine highly innovative software technology and advanced power management design with a world-class server platform to address the storage and energy efficiency crises facing today’s IT operations. The GB-X Series features solid state technology for tunable IO performance, as well as the industry’s highest levels of scalability and reliability in an easy-to-use, cost-effective package purpose-built to bring the efficiencies of data deduplication beyond data protection and into the primary storage market. GreenBytes was founded in 2007 and is based in Ashaway, Rhode Island. For more information, visit: www.getgreenbytes.com.

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For additional information, contact:

Michael Robinson
GreenBytes
+1 401-315-5580
pr@getgreenbytes.com