SOURCE: Quorum

Quorum

April 18, 2013 09:00 ET

Toba Capital's Walter Angerer Joins Quorum's Board

Industry Innovator and Former Symantec Executive Drawn to Company's Disruptive One-Click Backup, Recovery and Continuity Technology

SAN JOSE, CA--(Marketwired - Apr 18, 2013) - Quorum®, the leading provider of one-click backup, recovery and continuity for small to mid-sized businesses, today announced that Walter Angerer, venture partner at Toba Capital and longtime data protection innovator with roots at Symantec, has joined Quorum's board of directors. As a board member, Angerer plans to help drive Quorum's unique one-click backup, recovery and continuity technology forward and continue building on the company's reputation as a trailblazer in disaster recovery.

"Given his tenure at Symantec, Walter's new alignment with Quorum is an interesting industry move -- although not altogether surprising: Walter is a longtime champion of disaster recovery innovation, and foresaw how an agile company like Quorum is able to solve the rapid recovery problem and bring innovative solutions to market so quickly," said Ashar Baig, founder, principal research analyst and consultant, Analyst Connection. "In joining Quorum's board, Walter will be a part of a company that is effective in addressing the market need for being able to recover rapidly from a disaster -- something legacy vendors as yet have been unable to address."

"While the recovery point objective problem has been the focus of a lot of innovation in recent years, recovery time objective, or the time it takes to restore service after a disaster, has seen very little. The lack of attention given to RTO is, in fact, ironic, especially given the incredible financial toll businesses sustain as a result of prolonged system downtime," said Angerer. "Quorum is among a select few vendors that is addressing RTO, and the only one in the industry that provides one-click recovery in minutes."

Walter's board appointment comes as a result of his more than 15 years' experience in the software industry and more than eight years' experience leading innovation in disaster recovery. Now a venture partner at Toba Capital (which led Quorum's $11 million Series B funding round last month), he previously served as senior vice president and general manager for Quest Data Protection, working alongside Vinny Smith. Prior to Quest, Angerer held a number of positions at Symantec, including vice president responsible for NetBackup engineering. During this time, he was responsible for the creation of Symantec's Open Storage program and later for the creation and launch of the NetBackup Appliance program and BackupExec.Cloud. Notably, Angerer's innovation in the Symantec Appliance program resulted in the generation of a several hundred million-dollar business for the company.

"Walter's addition to our board of directors underscores our reputation as a pioneer in disaster recovery," said Larry Lang, CEO, Quorum. "He has pushed for rapid recovery innovation for a long time, but in joining Quorum's board, he is finally able to take part in it becoming a reality through our one-click backup, recovery and continuity solution."

About Quorum
Quorum® provides assured, one-click backup, recovery and continuity, helping businesses safeguard their revenue, customers and reputation. The award-winning Quorum series of appliance and hybrid cloud solutions makes continuity a reality for small to mid-sized companies, letting them recover from any type of disaster within minutes. Most importantly, Quorum is simple and cost-effective. If your company avoids just 30 minutes of downtime, the Quorum solution pays for itself. The company is headquartered in San Jose, Calif. To learn more, please follow us on Twitter@quorumlabs, check out our Facebook page or visit www.quorum.net.

Quorum, One-Click Recovery and the Quorum logo are trademarks or registered trademarks of Quorum, Inc. in the United States and other countries.

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