Doyenz Inc. Achieves Significant Growth in Quarterly and Annual Revenue

BELLEVUE, Wash.
January 10, 2011

Doyenz Inc., a leading provider of cloud-based disaster recovery services to the reseller channel, today announced the achievement of substantial milestones in 2010 and a record close to the year in the fourth quarter.

In Q4 2010, Doyenz recorded a 300 percent increase year-over-year in revenue. Additionally, the company experienced record advances in the scope of its partner base, which grew three-fold over Q3 2010.

“In 2010 we experienced tremendous growth as a company,” Doyenz CEO Ashutosh Tiwary said. “Our success was driven by exceptional performance across all areas of the business. We could not have asked for a better closing to the year, and this momentum will undoubtedly carry us forward to another record year for Doyenz in 2011.”

Milestones achieved in Q4 2010 included the launch of a major strategic partnership with LabTech Software, the leading provider of Remote Monitoring and Management tools, and the unveiling of Partnercloud, the online resource for channel partners.

“The revenue growth of the company exceeded our expectations throughout 2010, but we’re all blown away by the increase in adoption rates of both Shadowcloud, our cloud-based disaster recovery service, and Partnercloud, our online resource for partners, in Q4 2010,” said Eric Webster, VP of Sales and Marketing at Doyenz. “Our success in the fourth quarter reinforces our belief that channel partners want quick and verifiable disaster recovery in the cloud, and that Doyenz is leading the way in providing them the technology to do so.”

About Doyenz Inc.
Founded in November 2007, Doyenz is a privately held software company operated independently by a dedicated team based in Bellevue, Wash. The company's mission is to provide cloud-based disaster recovery services that enable channel partners to do more with their clients' bits in the cloud. Visit http://www.doyenz.com or email partners(at)doyenz(dot)com to learn more.

Contact:
Adriana Dunn
206-707-8257
adunn(at)doyenz(dot)com

About Doyenz Inc.
Founded in November 2007, Doyenz is a privately held software company operated independently by a dedicated team based in Bellevue, Wash. The company's mission is to provide cloud-based disaster recovery services that enable channel partners to do more with their clients' bits in the cloud. Visit http://www.doyenz.com or email sales@doyenz.com to learn more.

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