NIRVANIX REDUCES EXPENSE OF STORAGE, DELIVERY OF MEDIA FILES FOR OGRANT

Online financial aid organization uses the Nirvanix Storage Delivery Network to ensure maximum distribution to student applicants

SAN DIEGO - December 3, 2007 - Nirvanix today announced that Ogrant, an organization that gives students the opportunity to fund their education through creativity and collaboration, has chosen The Storage Delivery Network optimized for media applications to serve as the backbone for their innovative online student grant community.

Toronto, Canada-based Ogrant (www.ogrant.com) allows students to apply for school grants and scholarships using videos and images instead of essays, transcripts and reference letters. Grants are based on a wide variety of themes, all funded through Ogrant partnerships with corporations, brands and schools that are looking to target the elusive student market. Members of the Ogrant community can then vote for applicants they feel should be awarded a grant based on their media submission. After the voting period, the sponsor of the grant makes the final decision based on student votes and feedback. Ogrant uses Nirvanix's service to store and deliver students’ interactive entries.

"The very nature of our business precludes us from spending an exorbitant amount of money on a network infrastructure of storage hardware and IT personnel that we otherwise would need to make our online grant community a reality," said Saroop Bharwani, Co-founder of Ogrant. "Nirvanix helps lower our equipment and management costs in a way that wouldn't have been possible without leveraging the power of their storage delivery system. Because we only pay for the amount of storage and bandwidth that we actually use, we are able to save money and give a much larger portion of what we receive from corporations, advertisers and schools to the students applying for our online grants."

When originally looking for an online storage platform for its multimedia site, Bharwani said they first considered Amazon S3 but quickly discovered that Nirvanix was the better choice. Nirvanix's interfaces, tracking and bandwidth are superior to Amazon's and fit better with Ogrant's needs, he said. Uploading and downloading of files was faster and easier, and although Nirvanix is less known than Amazon, the company has been quickly establishing itself as the easiest platform to develop upon not to mention a reputation of exceptional developer support.

"While we can't claim credit for the fantastic projects that web developers create with the help of our Storage Delivery Network, we can still claim a great deal of pride in providing the resources that help them to bring their ideas and services to life," said Jonathan Buckley, Chief Marketing Officer at Nirvanix. "Our focus is on developing social networking communities backed by our Internet storage infrastructure to support videos, photos and other online media. Social media endeavors like Ogrant has done, provides us with the ultimate satisfaction that we have created an important tool for Web 2.0 companies and developers. Nirvanix minimizes the time to market and reduces costs that might otherwise stymie their innovation."

Nirvanix Storage Delivery Network (SDN)

Nirvanix provides businesses with next-generation storage-as-a-service (SaaS), and is addressing the challenges associated with the explosive growth of user-generated content and the corresponding demand for storage. The company's Internet-scale storage delivery service, powered by the patent-pending Internet Media File System (IMFS), empowers developers with a powerful, yet affordable solution for storing and distributing user-generated content and other digital media. It provides dynamic load balancing for peak performance; intelligent uploading/downloading to accelerate access; clustered architecture for enhanced data protection; and global namespace for unlimited scalability. The platform is fully redundant in every layer of its infrastructure, includes RAID-6 data protection, is supported by 24/7 operations, and comes with the industry's only guaranteed service level agreement.

About Nirvanix

With over 100 customers, including some of the world's leading media application vendors, Nirvanix is the premier provider of Internet storage optimized for media. The Nirvanix Storage Delivery Network (SDN) dramatically shortens time-to-market, reduces costs, and provides flexibility and control for business integrating Internet-scale online storage to their applications. Founded in 2007, Nirvanix is a privately held company headquartered in San Diego, California. For more information about the company and its services, visit www.nirvanix.com.

Contact Client:

Jonathan Buckley | Chief Marketing Officer
Phone: 619.764.5650 ext. 305 | Email: Jonathan.Buckley@Nirvanix.com

Contact Agency:

Mark Smith | JPR Communications
Phone: 818-386-0403 | Email: marks@jprcom.com