ioFABRIC Recognized on 2016 Emerging Vendors List

TORONTO, ON--(Marketwired - August 02, 2016) - ioFABRIC announced today that CRN®, a brand of The Channel Company, has named ioFABRIC to its 2016 list of Emerging Vendors. This annual list recognizes recently founded, up-and-coming technology suppliers who are shaping the future of the IT channel through unique technological innovations. In addition to celebrating these standout companies, the Emerging Vendors list also serves as a valuable resource for solution providers looking to expand their portfolios with cutting-edge technology.

ioFABRIC -- which just won Startup of the Year and Most Innovative CEO in its category at the annual CEO World Awards -- was selected on the strength of its Vicinity software, a software-defined storage platform that extends the life of existing storage, increases performance, reduces capital expenses, and enables organizations to add storage as needed for performance and capacity. Vicinity profiles all storage and provides the intelligence to manage it quickly and effectively, whether it be on-premises or in the cloud. Vicinity supports VMware, Hyper-V, and Openstack as well as Docker, and delivers traditional features, such as alerting, logging, monitoring and metrics. Installation comes as a simple turnkey virtual appliance for Hyper-V, VMware, or in the host for Linux, KVM and Openstack.

"The select group of companies on our Emerging Vendors list have already made a name for themselves in their short time in the IT community, introducing leading-edge technologies with the potential to transform their segments of the IT market," said Robert Faletra, CEO of The Channel Company. "These tech suppliers are quickly making their mark on the industry and are the ones solution providers should watch in 2016."

"We are beyond humbled by this and other recent recognition for ioFABRIC and Vicinity," said ioFABRIC co-founder and CEO Steven Lamb. "Early in 2013, I had a notion that we could fundamentally change the way companies were storing and managing data, and I'm proud to see our dedication to solving complex data storage problems being embraced by the industry and the media that covers it."

The Emerging Vendors list will be featured in the August 2016 issue of CRN and online at www.crn.com/emergingvendors.

About ioFABRIC

ioFABRIC Inc. is a software-defined storage company that increases business agility while reducing storage costs. Its vision is to transform storage into something a business can simply depend on, eliminating admin demands, and freeing IT time to focus on true business innovation. Its flagship product, ioFABRIC Vicinity, drastically reduces storage OPEX and CAPEX with intelligent automation and growth through commodity hardware and the cloud. Vicinity Solutions are available to extend existing storage systems, solve migration problems, and deploy as distributed storage, hyperconverged, or Docker. Vicinity is sold through ioFABRIC's reseller and distribution channel, supported by its industry leading LEaD program. Partners sell Vicinity as licensed software with support or by white-labeling it with additional hardware and/or software. Founded in 2013 by an executive team that has worked together for more than 20 years, the company is funded by private investors and Real Ventures. ioFABRIC is an industry leader in customer service and product development: agile and responsive. For more information visit www.ioFABRIC.com/Learn.

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About the Channel Company

The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com

CRN is a registered trademark of The Channel Company, LLC. The Channel Company logo is a trademark of The Channel Company, LLC (registration pending). All rights reserved.

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