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MOUNTAIN VIEW, CA -- (Marketwire) -- 06/21/12 -- Egnyte, the leading provider of Cloud and Hybrid Cloud File Sharing solutions for businesses, today announced Vineet Jain will be co-presenting "Running your Business in the Cloud" session with NETGEAR at TechWeek 2012 in Chicago, IL.

With the economy in flux, customers are demanding lower costs and higher flexibility in IT provisioning. Industry has answered the call with cloud computing technology, and adoption is at an all time high, with the market projected to reach $100B by 2014 according to AMI research. However, as adoption increases and security risks multiply, are hybrid cloud solutions the best for business? What are the realities of dealing with mobile workers, BYOD, and remote location collaboration with a hybrid cloud solution? Discussed will be:

• Business trends in the cloud and what solutions are needed to access the cloud
• Hybrid cloud solutions (hardware and software solutions) and the impact they have on businesses
• Cloud security and privacy concerns, and strategies for mitigation

What:
Running your Business in the Cloud

Who:
Vineet Jain, CEO, Egnyte
Drew Meyer, Sr. Director of Marketing, NETGEAR

When:
Sunday, June 24, 2012 1:00 - 1:45PM

Where:
TechWeek 2012 Conference and Expo
The Merchandise Mart
Chicago, IL, Venue 3-8A/B
http://www.techweek.com

About Egnyte

Over 1 billion files are shared daily by businesses using Egnyte HybridCloud file server. Egnyte's unique technology provides the speed and security of local storage with the accessibility of the cloud. Users can easily store, share, access and backup files, while IT has the centralized administration and control to enforce business policies. Egnyte, founded 2007, is based in Mountain View, California, and is a privately held company backed by venture capital firms Kleiner Perkins Caufield & Byers, Floodgate Fund, and Polaris Venture Partners. For more information, please visit www.egnyte.com or call 1-877-7EGNYTE.