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TMCNet:  Cleversafe Appoints Michael Marchant Vice President and General Counsel

[December 18, 2013]

Cleversafe Appoints Michael Marchant Vice President and General Counsel

CHICAGO --(Business Wire)--

Cleversafe, Inc., the market leader in object storage, today announced that Michael Marchant has joined as Vice President and General Counsel. Marchant joins Cleversafe from Accenture (News - Alert) and brings deep experience in intellectual property and global legal operations. He will report to John Morris, President and CEO of Cleversafe.

Tweet This: @Cleversafe Appoints Michael Marchant, VP & General Counsel; Will Oversee Growing IP Portfolio http://bit.ly/CleversafeNews

"The addition of a VP and General Counsel to our executive team is yet another logical strengthening of the leadership of the company as we grow and scale," said John Morris, President and CEO for Cleversafe. "We have been doubling revenues and new customers every year, and having a general counsel helps us across a broad range of legal activities."

Mr. Marchant has extensive legal experience working with start-up companies through to their maturity including advising on licensing, contract negotiations, drafting technology agreements, joint ventures, mergers and acquisitions, and leading global legal and intellectual property efforts. Most recently, Mr. Marchant was Director of Legal Services for Accenture Analytics where he was responsible for legal matters for Accenture's global Analytics and Big Data practice. During his tenture, Mr. Marchant was responsible for intellectual property matters in mergers and acquisitions and joint vetures transactions as well as having managed legal operations for the company's global brand portfolio valued at over $7.5 Billion with trademarks in more than 150 countries. He also completed multiple multi-million dollar deals in the U.S., Asia and Europe. Prior to Accenture, Mr. Marchant was Legal Counsel- Head of Services & Solutions Europe for Dell (News - Alert), UK, at the time one of the fastest growing multi-billion dollar business segments at Dell.


"Cleversafe has some of the most innovative, cutting edge technology in the storage industry. It is years ahead of traditional storage players," said Michael Marchant, Vice President and General Counsel for Cleversafe. "To have the opportunity to join a leadership team at a company that is transforming an entire industry is what attracted me to Cleversafe," said Marchant.

Cleversafe's growth has accelerated in 2013 with numerous new customer engagements around the world and an increasing IP portfolio in support of its Dispersed Storage® technology to 127 US patents awarded. Cleversafe closed a $55 million round of equity funding in August, enabling the company to extend its rapid growth, expand into new market segments, and build its talent base across all functional areas.

About Cleversafe Inc.

Cleversafe has created a breakthrough technology that solves petabyte and beyond Big Data storage problems. This solution drives up to 90 percent of the storage cost out of the business while enabling secure and reliable global access and collaboration. The world's largest data repositories rely on Cleversafe. To learn more about Cleversafe and its solutions, please visit www.cleversafe.com, call 312-423-6640 or email us at sales@cleversafe.com.

Resources

Cleversafe Products: http://www.cleversafe.com/products/flexibility-of-choice

Cleversafe's Technology - How it Works: http://www.cleversafe.com/overview/how-cleversafe-works

Cleversafe News: http://www.cleversafe.com/news/press-releases/

Cleversafe Videos: http://www.cleversafe.com/library/video-library

Cleversafe on Twitter (News - Alert): http://twitter.com/Cleversafe

Cleversafe on Facebook (News - Alert): http://facebook.com/Cleversafe

Cleversafe on LinkedIn (News - Alert): http://linkedin.com/company/Cleversafe


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