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Carbonite Wins Mass Tech Leadership Council Private Company of the Year

5 November 2010, Carbonite.com Press Release

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BOSTON, November 5, 2010 — Carbonite Inc., a leading provider of online backup, was selected as the Private Company of the Year by Massachusetts Technology Leadership Council (MassTLC). Carbonite was honored with this achievement at the Council's 13th annual Awards Gala Nov. 3 at Boston's Seaport Hotel.

"Our team is flattered to be named the 2010 MassTLC Private Company of the Year," said David Friend, co-founder and CEO of Carbonite. "We're honored to have been selected from such an accomplished group of nominees. Our whole team is proud of this accomplishment and we all look forward to driving the technology revolution in Massachusetts."

Close to 500 senior executives filled the waterfront hotel's ballroom for the event, which this year showcased the state's evolving technology landscape, as energy and robotics companies joined more traditional categories such as software and network communications in the winners' circle.

"We're honored to be able to give this award to Carbonite," said Tom Hopcroft, President and CEO of MassTLC. "Carbonite's innovative technology and market leadership is testimony to the vibrancy we find across the industry as the tech sector continues to lead the state's economy out of the recession."

MassTLC also bestowed special honors on four individuals for their special leadership in the Massachusetts technology community. Those awardees were:

Commonwealth Award Winner: Dr. George Hatsopoulos, entrepreneur, educator and founder of Thermo Electron
Policy Leader of the Year: Greg Bialecki, Secretary of Housing and Economic Development for the Commonwealth of Massachusetts
Workforce Development Leader: Dr. Jack Wilson, President of the University of Massachusetts
Innovation Catalyst: Tim Rowe, CEO of the Cambridge Innovation Center

Additional winners last night include:

CEO of the Year, Private Company: Christina Lampe-Onnerud, Boston Power
CEO of the Year, Public Company: Paul Sagan, Akamai
CIO of the Year: Jay Leader, iRobot & Bill Fandrich BlueCross Blue Shield
Public Company of the Year: Acme Packet
Deal of the Year: A123
Non C-Level Emerging Executive of the Year: Robert Connors, Raytheon
Product of the Year: Aurora Flight Services

A committee of Council Trustees, local thought-leaders and media were involved with the selection process for the nominees and, in most cases, chose the winners in each category (Product of the Year was chosen by the audience members in a live vote during the ceremony). For a full list of nominees in each category, go to http://www.masstlc.org/2010awardsfinalists.html and event photos are available at http://bit.ly/cFh5SF. The awards program was sponsored by Microsoft, Nokia, Oracle, PricewaterhouseCoopers, Ropes & Gray, Silicon Valley Bank, Fidelity and Raytheon.

Carbonite launched its online backup service in 2006 and has raised more than $67 million in several rounds of venture financing. The company has received numerous accolades in 2010 including a No. 9 overall and No. 1 in IT Services Inc. 500 ranking, and the Tech Awards Circle Gold Award for consumer/small office, home office (SOHO) service category. Additionally, Carbonite was selected as a finalist in the Red Herring 100 North America list, and CEO David Friend was named as the Ernst & Young Entrepreneur of the Year winner for New England in the Consumer and Small Business Emerging Technology category.

About Carbonite

Carbonite revolutionized the market for consumer and small-business backup services with its industry-first offering of unlimited online backup for a low, flat price. Since 2006, the company has backed up more than 80 billion files and has restored more than 7.2 billion lost files for its million-plus customers. Carbonite, which was ranked No. 9 overall and No. 1 in IT Services in the Inc. magazine 2010 Inc. 500 listing, backs up more than 200 million files every day to high-redundancy storage servers in its Boston and Somerville, Mass., data centers.

The Carbonite mission is to provide a simple, affordable, and secure backup and "anytime, anywhere access" solutions for the mainstream computer user. Carbonite supports both the Windows and Mac platforms.

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