2014

Fusion-io Appoints Former Associate General Counsel and Vice President, Daniel Stevenson as General Counsel and Secretary

SALT LAKE CITY, May 15, 2014 /PRNewswire/ -- Fusion-io (NYSE: FIO) today announced that Daniel E. Stevenson was appointed to general counsel and secretary for the company. Formerly vice president and associate general counsel with Fusion-io, Stevenson helped structure, negotiate, and manage Fusion-io's key customer relationships with Fortune 500 customers, strategic suppliers and OEMs. Prior to joining Fusion-io, Stevenson served as general counsel of a privately held VC-backed company.

Stevenson was instrumental in Fusion-io's $270m IPO on the NYSE in June 2011. He is responsible for all legal aspects of the company worldwide, reporting to Shane Robison, chairman and CEO.

"Dan has played a key role in building powerful strategic relationships with our partners and customers that are mutually beneficial," said Shane Robison, Fusion-io chairman and chief executive officer. "We look forward to having Dan serve in this new role where he can further strengthen these partnerships as Fusion-io continues to expand and shape the flash memory landscape."

"I look forward to building on the already strong strategic alliances and partnerships," said Stevenson. "These relationships allow Fusion-io to maintain its status as a leader in the flash industry, and discovering new opportunities allows us to stay ahead of the competition and deliver products that accelerate our customers' solutions."

Stevenson has worked closely with technology and emerging growth companies his entire career. Before becoming an in-house advisor, Dan was a business and technology transactions attorney with Wilson Sonsini Goodrich & Rosati where he advised businesses on intellectual property, outsourcing, and technology-related issues, including licensing and procurement of software and technology, SaaS, OEM, reseller, and other distribution arrangements, content licensing, and implementing e-commerce solutions. Dan graduated from BYU's J. Reuben Clark Law School cum laude and received his undergraduate degree at BYU. Dan has been admitted to the bar in Texas, Washington, and Utah and has been named a "Texas Rising Star," a "Washington Rising Star," and a member of Utah's "Legal Elite."

About Fusion-io

Fusion-io delivers the world's data faster. Our Fusion ioMemory platform and software defined storage solutions accelerate virtualization, databases, cloud computing, big data and performance applications. From e-commerce retailers to the world's social media leaders and Fortune Global 500 companies, our customers are improving the performance and efficiency of their data centers with Fusion-io technology to accelerate the critical applications of the information economy.

Note on Forward-looking Statements

Certain statements in this release may constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including statements relating to the expected benefits associated with the appointment of Daniel Stevenson as Fusion-io as general counsel. These statements are based on current expectations and assumptions regarding future events and business performance and involve certain risks and uncertainties that could cause actual results to differ materially from those contained, anticipated, or implied in any forward-looking statement, including the risks set forth in the registration statements and reports that Fusion-io files with the U.S. Securities and Exchange Commission, which are available on the Investor Relations section of our website at www.fusionio.com. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or will occur. Fusion-io undertakes no obligation to update publicly any forward-looking statement for any reason after the date of this press release.

Fusion-io, ioMemory, and the Fusion-io logo are either registered trademarks or trademarks of Fusion-io, Inc. in the United States and other countries.  All other trademarks are the property of their respective owners.

Contacts




Stefanie Cannon

Nancy Fazioli

Media Relations

Investor Relations

408-597-1494

408-416-5779

prteam@fusionio.com

ir@fusionio.com

SOURCE Fusion-io



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