Commvault Launches Global Enterprise Segment And Names Anthony Faustini As Vice President; Former EMC Executive David Boyle Assumes Role As Vice President Of Americas Sales

TINTON FALLS, N.J., Oct. 3, 2019 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a recognized global enterprise software leader in the management of data for cloud and on premises environments, today announced a new initiative aimed at driving greater impact with the largest global enterprises in the market, naming Anthony Faustini as vice president of global accounts.

"We work with the largest global enterprises to solve hard data management problems and we have a unique opportunity to do even more going forward," said Riccardo Di Blasio, chief revenue officer, Commvault. "I've asked one of our most seasoned leaders to step in and work with customers and prospects to build on Commvault's role of bringing value to those accounts—Anthony will drive this."

In addition, David Boyle will be joining the company as vice president of sales for the Americas and will be responsible for driving the next phase of growth for Commvault by delivering the company's industry-leading innovation to customers as they grapple with the onslaught of data and advance their journey to multi cloud.

Boyle brings 31 years of proven IT experience and was pivotal in helping grow Dell EMC's commercial business. His expertise in crafting world-class sales teams will be essential to delivering on Commvault's priorities to simplify, innovate and execute. Through his career, he has hired more than 1,500 sales executives and promoted more than 250 executives to leadership positions.

These appointments are indicative of the continuing momentum of the company, following the recent acquisition of Hedvig, which closed on October 1^st. "Businesses are demanding more from their data management partners. We are in an excellent position to answer that call with aggressive product innovation and business simplification," said Sanjay Mirchandani, CEO, Commvault. "We are thrilled to have these two trusted professionals as part of our global leadership team, focused on continuing to serve our customers."

In conjunction with today's announcement, and ahead of Commvault's annual user conference, Commvault GO 2019, in Denver, Colorado, October 14-16, Commvault notes that it now expects Q2'20 financial results to exceed the guidance previously provided during the fiscal first quarter conference call held on July 30, 2019. Commvault will release its Q2'20 financial results on October 29, 2019 and will host a conference call at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time), at which time we expect to provide guidance for the next fiscal quarter. The earnings call webcast and dial-in details will be provided in a separate release.

About Commvault
Commvault is the recognized leader in data backup and recovery. Commvault's converged data management solution redefines what backup means for the progressive enterprise through solutions that protect, manage and use their most critical asset — their data. Commvault software, solutions and services are available from the company and through a global ecosystem of trusted partners. Commvault employs more than 2,300 highly-skilled individuals across markets worldwide, is publicly traded on NASDAQ (CVLT), and is headquartered in Tinton Falls, New Jersey in the United States. To learn more about Commvault visit www.commvault.com

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. The development and timing of any product release as well as any of its features or functionality remain at our sole discretion.

©1999-2019 Commvault Systems, Inc. All rights reserved. Commvault, Commvault and logo, the "C hexagon" logo, Commvault Systems, Solving Forward, SIM, Singular Information Management, Commvault HyperScale, ScaleProtect, Commvault OnePass, Commvault Galaxy, Unified Data Management, QiNetix, Quick Recovery, QR, CommNet, GridStor, Vault Tracker, InnerVault, Quick Snap, QSnap, IntelliSnap, Recovery Director, CommServe, CommCell, ROMS, APSS, Commvault Edge, Commvault GO, Commvault Advantage, Commvault Complete, Commvault Activate, Commvault Orchestrate, 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.

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