BRISTOL, England – 19 May, 2020 – StorMagic®, simplifying storage and security from the edge to the core, announced today that it has appointed Ian Davies as chief financial officer (CFO), effective immediately. As CFO, Davies will manage StorMagic’s financial, human resource and business support operations, as the company continues to quickly expand following its recent entry into the security market and acquisition of key management provider KeyNexus.

Davies brings more than 25 years’ experience in leadership and finance roles in a wide range of SME businesses and sectors. His growth-oriented commercial and international experience includes leading multi-million dollar, multi-site contract negotiations, scale-ups and acquisitions, international deal completions and integrations across Europe and North America.

“StorMagic’s business plan and recent strategic move into the security market led me to join the growing organization,” said Ian Davies, StorMagic’s CFO. “I’m looking forward to helping StorMagic continue its rapid expansion by applying my background in business and operational finance and mergers and acquisitions, to drive operating excellence and support strategic decisions as the company scales, in line with the company’s clear vision and continued growth in the marketplace.”

About StorMagic

StorMagic is making the complex simple for edge computing environments, and we’re leading the industry in bringing the edge to the core, in the datacenter and cloud. Our storage and security products are simple, lightweight and cost-effective without sacrificing enterprise-class features for organizations with one to thousands of sites. SvSAN is a highly available two-node virtual SAN designed for hyperconverged edge and small datacenter sites. SvKMS is a flexible and robust encryption key manager for edge, datacenter and cloud. More than 1,300 customers worldwide have chosen StorMagic to lower costs, ensure data security and uptime and simplify operations. For additional information, visit www.stormagic.com.

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Media Contact:

Zoe Cushman

stormagic@matternow.com

(617) 874-5201

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