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CommVault Announces The Appointment Of New Chief Financial Officer

OCEANPORT, N.J., Oct. 30, 2012 /PRNewswire/ -- CommVault (NASDAQ: CVLT) today announced that Brian Carolan, has been promoted to Vice President, Finance – Chief Financial Officer from his current position of Vice President, Finance – Chief Accounting Officer.  Mr. Carolan has served as CommVault's Chief Accounting Officer since July 2006. He also held the position of Controller from February 2001.  Prior to joining CommVault, Brian was with Ernst & Young LLP where he started his career in 1993.  Brian holds a Bachelor of Science degree from Villanova University, a Masters of Business Administration from New York University and is a Certified Public Accountant in the State of New Jersey.  Brian will have worldwide responsibility for all financial matters including reporting and controls.  He will also have public facing responsibilities with investors, financial analysts and customers and will continue his role in strategic financial planning. Brian will report directly to N. Robert Hammer, the company's President and Chief Executive Officer.

(Logo:  http://photos.prnewswire.com/prnh/20110329/MM73841LOGO )

Louis F. Miceli, CommVault's Senior Vice President – Chief Financial Officer, will step into the newly created position of Senior Vice President of Finance, where he will continue to provide consultation and oversight to the Company's finance department and will also be responsible for special projects, such as the planning, design and construction of our new headquarters facility.

N. Robert Hammer, CommVault's Chairman, President and Chief Executive Officer stated, "Lou and Brian have worked tirelessly in helping to build a world-class finance department and will continue to be an integral part of CommVault's success going forward.  I congratulate them on their promotions and look forward to continuing to work with them."

About CommVault
A singular vision – a belief in a better way to address current and future data management needs – guides CommVault in the development of Singular Information Management® solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault's exclusive single-platform architecture gives companies unprecedented control over data growth, costs and risk. CommVault's Simpana® software suite of products was designed to work together seamlessly from the ground up, sharing a single code and common function set, to deliver superlative Data Protection, Archive, Replication, Search and Resource Management capabilities. More companies every day join those who have discovered the unparalleled efficiency, performance, reliability, and control only CommVault can offer. Information about CommVault is available at www.commvault.com. CommVault's corporate headquarters is located in Oceanport, New Jersey in the United States.

Safe Harbor Statement
Customers' results may differ materially from those stated herein; CommVault does not guarantee that all customers can achieve benefits similar to those stated above. This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding CommVault's beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. CommVault does not undertake to update its forward-looking statements.

©1999-2012CommVault Systems, Inc. All rights reserved. CommVault, CommVault and logo, the "CV" logo, CommVault Systems, Solving Forward, SIM, Singular Information Management, Simpana, CommVault Galaxy, Unified Data Management, QiNetix, Quick Recovery, QR, CommNet, GridStor, Vault Tracker, InnerVault, Quick Snap, QSnap, SnapProtect, IntelliSnap, Recovery Director, CommServe, CommCell, ROMS, and CommValue are trademarks or registered trademarks of CommVault Systems, Inc. All other third party brands, products, service names, trademarks, or registered service marks are the property of and used to identify the products or services of their respective owners. All specifications are subject to change without notice.

SOURCE CommVault



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