Acronis Enhances Strength Of Executive Team With Two New Strategic Development Hires

Steve Erdman Joins As Senior Vice President, Global Business Development;
Gregg Schor Joins As Senior Vice President, Corporate Development

Woburn, MA, 15 May 2012 - Acronis, a leading provider of easy-to-use disaster recovery and data protection solutions for physical, virtual and cloud environments, announced the creation of two new roles on its Executive team to bring enterprise development and growth expertise to the Company. Steve Erdman joins as Senior Vice President, Global Business Development, with Gregg Schor joining as Senior Vice President, Corporate Development.

Mr. Erdman is responsible for driving the overall business development and routes to market strategy by identifying strategic business opportunities, partnerships, alliances and joint ventures that will drive revenue and enable Acronis to reach its corporate goals. Mr. Erdman brings more than 25 years of enterprise IT sales, marketing and business development experience, with a proven track record for delivering profitable growth through channel partners, alliances and direct sales. Mr. Erdman joined Acronis from Hewlett Packard, where he most recently served as vice president and general manager of channels and alliances, Americas, in the HP Software business unit. In this role, Mr. Erdman led the HP alliances and partner teams and developed the HP Software partner strategy.

Mr. Schor has responsibility for managing M&A activities and business planning for expansion into new international markets, bringing over 20 years of experience working with private and public technology companies and a strong track record for successfully managing complex and international M&A and business development strategies. Having served as General Counsel and as Director of Operations for companies that have been acquired by Microsoft, IBM and EMC, Mr. Schor joins Acronis from General Counsel Solutions, which he founded in 2003 to provide M&A, managed legal and other related services, with an emphasis on the high growth tech sector.

"I am very pleased to have enhanced our Executive team with individuals who bring this focus and depth of enterprise experience," commented Alex Pinchev, President & CEO of Acronis. "These strategic development roles will strengthen our ability to fulfill our strategic goals and drive our Company to the next phase of growth. We will position our business to maximize the opportunities offered by the explosion of data creation, the acceleration of virtual server penetration and the movement of critical data to public and private clouds."

Both these roles report directly to the President & CEO, and are based at the corporate headquarters in Woburn, MA, USA.