Customers to Benefit from Unparalleled Ease of Use, Enterprise-Level Control and Security

Los Gatos, CA, September 27, 2011 — ShareVault, a leading provider of secure document sharing services, today announced it has launched the next generation of its secure, intuitive virtual data room cloud service giving customers unparalleled ease of use and enterprise-grade control and security.

Secure document sharing is a critical piece of our due diligence process whereby our staff and external parties are provided controlled access, along with audit reporting and tracking, of information without regard to geographical limitations,” said Greg Berkin, Executive Director of Information Technology at Regado Biosciences. “ShareVault’s latest offering incorporates some of our feedback including a very intuitive user interface and increased tagging capabilities that are important to our users and our business.”

“The new features in the latest version of ShareVault simplify and further enhance the ability to structure and customize access to large amounts information within ShareVault to fulfill the needs of various stakeholders,” said Ulrika Wennberg, COO of Pergamum AB.

The next generation ShareVault secure document sharing solution features a plethora of new features that enable customers in the financial services, real estate, biotech,cleantech and legal industries to share sensitive documents and transact in an easy-to-use, enterprise-grade, secure environment.

The virtual data room market is growing at a compound annual growth rate of 29% and is expected to reach nearly $1 billion in revenues by 2013 according to leading industry analyst firm Forrester Research, Inc., an independent research firm.

“In spite of some lingering global economic uncertainties, M&A activity is on the rise for the first time since 2006,” said Richard Andersen, CEO of ShareVault. “Our next generation secure document sharing software service is the easiest way for companies to facilitate their transactions. The new features we’ve added to our cloud offering are not only for M&A activity, but the new capabilities make it easier for any company to securely share all of their sensitive documents privately, from managing real estate investment trusts (REITs) to partnering and business development in the biotechnology and clean tech industries.”

• Hierarchical Tags – New in version 3.0, ShareVault’s patent-pending approach to hierarchical tagging with permissions combines the ease-of-use and flexibility of tags with the hierarchical structure and permissioning previously only available with folders. Competing solutions are based on folders, with only limited support, if any, for tagging. Hierarchical tagging provides for additional flexibility that is invaluable for multi-party due diligence applications because the same document can reside in multiple places within the hierarchical due diligence list.
• Ease of use that counts – Built from the ground up with the user in mind, ShareVault 3.0 has a highly intuitive and sleek interface which enables users to get up and running in as little as 4 clicks of a mouse versus 20-50 clicks with other leading solutions.
• Security that matters - ShareVault employs unparalleled security with encryption for data on the server and for data in motion. Document security policies allow the administrator to configure document security settings to block printing, prevent saving (view only), and inhibit screenshots. A user’s permission to open any file can be revoked at any time, even retroactively, for files already downloaded.
• Unrivaled Speed – Virtual data room users want their documents at the speed of thought. ShareVault unique technology delivers pages from very large files in seconds without having to break the files down into smaller pieces.
• Enterprise-Level Control – The ShareVault administrative console turns chaos into control with drag-and-drop user/group management and point-and-click permissioning.
• Document Sharing Cloud – Just throw documents at us in virtually any format and ShareVault automatically full text indexes, converts them to PDFs with thumbnails, encrypts them, applies dynamic watermarks, prepares them for streaming, tags them and stores them.

About ShareVault:

ShareVault provides a simple, secure way to share sensitive documents with third parties during due diligence and other critical business processes. The on-demand platform is an innovative and highly intuitive cloud computing solution that enables its customers to manage critical time-sensitive and document-centric processes faster and easier. In addition, ShareVault works with other technologies, such as SharePoint, to safely share documents with third parties. ShareVault is based in Los Gatos, California, with development offices in Bangalore, India.

For more information, visit: www.ShareVault.com

Leading  Cloud-based Secure Document Sharing Company Joins AM&AA Professionals in Chicago for July 19-21 Conference

Los Gatos, CA, June 28, 2011 — ShareVault, a leading provider of secure document sharing services including its intuitive virtual data room, will attend one of the leading M&A conferences when it travels to Chicago for the highly targeted AM&AA Summer Conference held from July 19-21, 2011. The conference is attended by some of the most influential M&A advisors from around the globe who are specialists in a number of differential financial market segments.

Included in the attendees list will be intermediaries, private equity sources, strategic and mezzanine investors, attorneys, CPAs and other M&A professionals. Among the topics covered will be today’s market conditions, industry best practices and deal making in the middle market.

ShareVault personnel will be explaining the many unique benefits that the ShareVault service can bring to companies who need to share their sensitive documents in a compressed time frame with third parties for mergers and acquisitions activities. ShareVault booth personnel will also be giving demos of this advanced service.

The virtual data room market is growing at a compound annual growth rate of 29% and is expected to reach nearly $1 billion in revenues by 2013 according to leading industry analyst Daniel Krauss of Forrester Research, Inc., an independent research firm.

About ShareVault:

ShareVault provides a simple, secure way to share sensitive documents with third parties during due diligence and other critical business processes. The on-demand platform is an innovative and highly intuitive cloud computing solution that enables its customers manage critical time-sensitive and document-centric processes faster and easier. In addition, ShareVault works with other technologies, such as SharePoint, to safely share documents with third parties. ShareVault is based in Los Gatos, California, with development offices in Bangalore, India.
For more information, visit:  www.ShareVault.com

Leading  Cloud-based Secure Document Sharing Company Conducts Highly Successful Trade Show In Boston, MA

Los Gatos, CA, June 20, 2011 — ShareVault, a leading provider of secure document sharing services including its intuitive virtual data room, exhibited last week at the well-attended TechConnect Summit and Expo held at the Hynes Convention Center in downtown Boston. The show consisted of a combination of exhibitors from around the globe in the fields of Bio Technology, Clean Technology, Nano Technology and  Micro Technology.

Attending the conference were more than 10,000 corporate business and technology executives, investors, industry leaders, utility operators, scientists, entrepreneurs, regulators and members of the press from more than 70 countries around the world.

The ShareVault booth was very well attended and visitors were pleased to learn of the many unique benefits that the ShareVault service can bring to companies who need to share their sensitive documents in a compressed time frame with third parties for activities such as partnership development, fund raising, licensing, deal making, mergers and acquisitions and other vital business tasks. ShareVault booth personnel gave demos of the service and visitors were given copies of the new ShareVault brochure as well as the ShareVault mini vault giveaway.

The virtual data room market is growing at a compound annual growth rate of 29% and is expected to reach nearly $1 billion in revenues by 2013 according to leading industry analyst Daniel Krauss of Forrester Research, Inc., an independent research firm.

About ShareVault:

ShareVault provides a simple, secure way to share sensitive documents with third parties during due diligence and other critical business processes. The on-demand platform is an innovative and highly intuitive cloud computing solution that enables its customers manage critical time-sensitive and document-centric processes faster and easier. In addition, ShareVault works with other technologies, such as SharePoint, to safely share documents with third parties. ShareVault is based in Los Gatos, California, with development offices in Bangalore, India.
For more information, visit:  www.ShareVault.com.

Leading  Cloud-based Secure Document Sharing Company Appoints Industry Enterprise Sales Veteran To Lead Rapidly Growing Large Account Efforts

Los Gatos, CA, March 15, 2011 — ShareVault, a leading provider of secure document sharing services has announced the addition of Denton Herbik as Southeast Regional Vice President of Sales.  Herbik brings extensive  sales experience to ShaveVault with his background in M&A and large corporate account management. Herbik will report directly to Joseph Sorrentino, ShareVault’s Senior Vice President of Worldwide Sales.

Herbik’s main responsibilities will be to broaden ShareVault direct touch to end-customers, grow the business in the region and recruit new channel partners to help resell ShareVault’s cloud services for applications such as virtual data rooms for online due diligence document review.

Prior to ShareVault, Denton held the position of Senior Sales Executive for IntraLinks, another virtual data room company, where he was responsible for working with the investment banking and legal advisory communities in the M&A arena as well as having responsibility for large corporate accounts.  He previously was with Information Access Systems as a Solution Sales Consultant and held regional sales management positions with such companies as Adobe and Citrix. Denton holds an MBA from the Rochester Institute of Technology and earned his BS in Economics from SUNY Potsdam. 

“Denton’s hiring comes at the ideal time for ShareVault, as we have expanded our suite of service offerings to include document sharing solutions for strategic alternatives, corporate refinancing, partnerships, restructuring and other business initiatives”,  said Joseph Sorrentino, ShareVault Senior VP of Worldwide Sales.  “Denton’s 15 years experience in the Southeast, building relationships in M&A and corporate accounts, will help us grow rapidly in this region.  He is a proven sales professional and I’m looking forward to working with Denton in his new role and experiencing our revenue stream grow rapidly in the Southeast as a result”.
About ShareVault:

ShareVault™ provides a simple, secure way to share sensitive documents with third parties during due diligence and other critical business processes. The on-demand platform is an innovative and highly intuitive cloud computing solution that enables its customers manage critical time-sensitive and document-centric processes faster and easier. In addition, ShareVault works with other technologies, such as SharePoint, to safely share documents with third parties. ShareVault is based in Los Gatos, California, with development offices in Bangalore, India.  
For more information, visit:  www.ShareVault.com.

Leading Cloud-based Secure Document Sharing Company Appoints High Tech Industry Sales Veteran To Lead Rapidly Growing Worldwide Sales Efforts

Los Gatos, CA, March 2, 2011 — ShareVault, a leading provider of SaaS secure document sharing services including next generation virtual data rooms, announced today the addition of veteran sales professional Joe Sorrentino to head up their rapidly growing global sales efforts.

Sorrentino brings with him a successful 15 year track record of stellar results as a senior sales executive including building and managing high performance sales teams, scaling revenue quickly through direct/ indirect sales channels and partners and achieving overall corporate goals. In his new role heading ShareVault worldwide sales, strategic partnerships, business development, and global account management, Sorrentino will report directly to ShareVault CEO, Richard Andersen.

Before joining ShareVault, Sorrentino held the position of Executive Vice President of Worldwide Sales for Clearone Communications, NASDAQ (CLRO), a leading global provider of high performance audio conferencing solutions. He was credited with building a world class sales force and developing the sales and marketing strategies that were instrumental in increasing Clearone’s market penetration, fueling market growth, and market share expansion across all product lines, while consistently driving quarterly double digit growth year over year.

Prior to Clearone, Sorrentino was Senior Vice President of Sales for Spire Global, a privately held company that was founded as Sony Video Conferencing exclusive sales, marketing and support arm in the US.  Sorrentino was responsible for running day-to-day sales and marketing operations, building Spire Global’s US sales force from the ground up, defining and executing the new channel sales strategy, developing the channel partner network as well as signing new strategic partnerships.  During Sorrentino’s tenure with Spire Global, the company’s sales grew significantly, as did the sales organization.

Sorrentino also served as Vice President of Sales for Polycom’s NASDAQ (PLCM) Voice Products Solutions division, a global leader in unified communications, where he was responsible for building a worldwide sales force, launching new products in the VOIP and installed audio conferencing space, as well as growing market share for their leading tabletop conferencing business.

As Vice President of Worldwide Sales for 3Ware, a start-up storage company, Sorrentino grew revenues for eight consecutive quarters. 3Ware was subsequently acquired by a publicly-traded company on the NASDAQ exchange. Earlier in Sorrentino’s high technology career he held management roles for such notable companies as IBM, Motorola, Seagate and Adaptec.

Sorrentino earned a Bachelor of Arts Degree from San Jose State University.

“We are very pleased to bring on board someone with Joe’s extensive sales leadership experience in successfully leading worldwide sales organizations,” said  ShareVault CEO, Richard Andersen. “Joe’s background in large public multinational companies as well as key sales leadership roles in start-up companies, growing revenues and helping take those companies public or positioning them for successful acquisition will be a big advantage for us here at ShareVault as we continue to grow as a leader in the burgeoning cloud computing space.”

The virtual data room market is growing at a compound annual growth rate of 29% and is expected to reach nearly $1 billion in revenues by 2013 according to leading industry analyst Daniel Krauss of Forrester Research, Inc., an independent research firm.

About ShareVault:

ShareVault™ provides a simple, secure way to share sensitive documents with third parties during due diligence and other critical business processes. The on-demand platform is an innovative and highly intuitive SaaS cloud computing solution that enables its customers to manage critical time-sensitive and document-centric processes faster and easier. In addition, ShareVault works with other technologies, such as SharePoint, to safely and securely share documents with third parties. ShareVault is based in Los Gatos, California, with development offices in Bangalore, India.   For more information, visit: www.ShareVault.com