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Nirvanix Director of Consulting Addresses Implementing Social Media in Business Environment at Industry Event

San Diego, January 20, 2010 – Nirvanix, the premier enterprise cloud storage service provider, today announced that Stephen Foskett, the company’s Director of Consulting, is a guest speaker on a panel addressing how social media can improve business growth as part of the Business Development Networking Event in Palo Alto, CA.

Entitled “Social Media & Why You Should Care: Leveraging Facebook, Twitter & LinkedIn for Business Growth,” Foskett will share information with attendees as to why they need to implement Web 2.0 social networking as part of their overall marketing efforts to achieve enhanced recognition and improved sales. Foskett joins VaNessa Duplessie, partner at Ridge Partners LLC, and Sunshine Mugrabi, principal at Sunshince Mugrabi PR, on the panel taking place at 9:45 a.m. on January 27.

“Social networking is not just another fad but an increasingly valued and important aspect of today’s business environment,” said Foskett. “Social media can quickly and cost-effectively spread your company’s marketing messages to potential customers and partners on the Web, maximizing exposure and driving sales. Nirvanix also plays a special role in providing cloud storage infrastructure to enhance social networking without increasing cost or data center complexity.”

To create new revenue streams, enable global collaboration or reduce costs by optimizing existing storage infrastructure, Nirvanix can help companies gain increased value, efficiency and flexibility of their storage infrastructure. Cloud storage services provide companies a level of service equivalent or exceeding what running their own infrastructure would provide. By using the Nirvanix Storage Delivery Network vs. alternatives such as adding network storage systems or using first-generation online storage platforms, businesses benefit from better flexibility and control for their operations.

Now in its second year, the BDevent was created to provide storage industry insiders an affordable venue conducive to professional education and networking. The BDevent is built exclusively for executives at storage vendor organizations, resellers/VARs, venture capitalists and press/analyst firms to meet and do business. More information about the event is available at www.thebdevent.com.

About Nirvanix

Nirvanix is the market leader in enterprise cloud storage and offers a fully managed cloud storage service designed from the ground up for the enterprise. Headquartered in San Diego, California, Nirvanix is privately held and has raised more than $23 million in funding from world-class investors including Intel Capital, Valhalla Partners, Mission Ventures, Windward Ventures, and the European Founders Fund. Nirvanix customers range from Internet startups to Fortune 10 organizations and include Arizona State University, Nero and The Planet, among others.

For more information about the company and its services, visit www.nirvanix.com.