Fusion-io Appoints Gary Smerdon as Chief Strategy Officer

SALT LAKE CITY, Oct. 23, 2013 /PRNewswire/ --  Fusion-io (NYSE: FIO) today announced that Gary Smerdon has joined the company as chief strategy officer and executive vice president. Former senior vice president and general manager of the accelerated solutions division (ASD) at LSI, Smerdon is an industry leader with extensive expertise in architecting and executing growth strategies in flash memory solutions. Smerdon brings 30 years of technology industry experience to his role at Fusion-io, having led teams across sales, engineering, operations and marketing while serving in numerous executive roles.

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"Gary is a flash memory industry leader who is able to define and capture opportunity while inspiring passionate teams to collaborate effectively as they work towards a common goal," said Shane Robison, chairman and chief executive officer of Fusion-io. "Given his invaluable experience and vision, I am excited to welcome Gary to Fusion-io as we continue to diversify our solutions to meet the needs of customers at all stages of adding flash acceleration to their datacenters."

"From enterprise to consumer technology, mobile and cloud computing are igniting changes in IT that are reshaping the datacenter as we know it," said Smerdon. "New solutions are emerging to meet today's data demands, and Fusion-io is where innovation is taking place. I am excited to join this visionary company to help continue to expand its leadership in providing solutions that customers trust to accelerate their business in our information economy."

Smerdon was formerly senior vice president and general manager of the accelerated solutions division (ASD) at LSI, where he was responsible for establishing and managing the company's PCIe flash memory solutions across engineering, marketing and operations. Prior to his general manager role at LSI, he established and led the company's corporate strategy office. Smerdon served as chief marketing officer of Tarari Inc., a developer of packet inspection and content processing solutions for networking and servers, and was president and chief executive officer of Greenfield Networks Inc., a developer of Ethernet switch technology solutions.  He previously served in various leadership roles at Marvell Technology Group, RealChip and Advanced Micro Devices (AMD).  Smerdon holds a B.S. in Electrical Engineering from Duke University.

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 Gary Smerdon as Fusion-io Chief Strategy Officer. 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.

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SOURCE Fusion-io

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