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CTERA Networks Selected by AlwaysOn as an OnDemand Top 100 Winner

Recognized for Creating New Opportunities in Cloud Computing and SaaS

Petach Tikva, Israel & Palo Alto, Calif. May 22, 2010 – CTERA Networks, an innovator in hybrid cloud storage and data protection, today announced that it has been chosen by AlwaysOn as one of the OnDemand Top 100 winners. Inclusion in the OnDemand 100 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. CTERA was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.

CTERA Networks and the OnDemand Top 100 companies are being honored today at AlwaysOn’s OnDemand event at Hewlett-Packard’s Worldwide Headquarters in Palo Alto, CA.

This two-and-a-half-day executive event features CEO presentations and high-level debates on how the Internet is disrupting how companies — from small businesses to large enterprises — create, store, distribute, analyze and take advantage of their mission-critical data.

“As the digital information created by businesses continues to explode at astronomical rates, the need to store, manage, analyze and share this information is becoming extremely challenging,” said Tony Perkins, founder and editor of AlwaysOn. “We congratulate this year’s OnDemand 100 for providing the technology platforms and services needed to manage and leverage this new era of information complexity and overload.”

The OnDemand 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2010 list.

The CTERA Portal is a cloud services platform that enables service providers and IT resellers to quickly deliver cloud storage, hybrid local/off-site backup and data protection as managed services to their customers. CTERA’s award winning appliances, CloudPlug and C200, allow the MSP’s customers to protect the data on their networks with fast local backup, while automatically keeping a secure off-site copy for disaster protection. This hybrid approach provides backup and restore in minutes, while still protecting against local disasters by storing copies in the cloud.

A full list of all the OnDemand Top 100 winners can be found on the AlwaysOn website at: http://alwayson.goingon.com/permalink/post/34759

“CTERA’s selection as an OnDemand Top 100 winner further validates our breakthrough approach to hybrid cloud storage and data protection, and our channel-focused strategy,” said Liran Eshel, CEO of CTERA Networks. “We will continue to work closely with our service provider and reseller partners to offer a completely new way for organizations, ranging from small businesses to mid-sized companies, to manage and protect their vital corporate information.”

About CTERA Networks

CTERA™ Networks revolutionizes storage and data protection for SMBs and branch offices with Cloud Attached Storage®, a hybrid solution that combines secure cloud storage services with on-premises storage appliances for a seamless user experience. CTERA provides a cloud services platform that enables service providers and IT resellers to quickly deliver cloud storage, hybrid local/offsite backup and data protection as managed services to their customers. For more information, visit www.ctera.com.

About AlwaysOn

AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn’s preeminent executive event series includes the Summit at Stanford, OnMedia, OnHollywood, Venture Summit Mid-Atlantic, OnDemand, Venture Summit Silicon Valley, Venture Summit East, GoingGreen Silicon Valley, GoingGreen East, and GoingGreen Europe. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.

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