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Box Adds Technology Veteran Board Member and Senior Executive Leadership to Fuel Enterprise Growth

(May 10, 2012)

LOS ALTOS, CA -- (Marketwire) -- 05/10/12 -- Box today announced the addition of three senior executives, expanding its powerhouse of talent and further bolstering its plans for rapid growth in the enterprise market. Joining Box are Dana Evan, newly appointed independent director to the Box Board of Directors; Peter McGoff, general counsel and corporate secretary; and Tom Addis, senior vice president of enterprise sales.

"We want to transform how every business in the world manages information and collaboration in the cloud, and we're assembling a world class board and leadership team to help realize our vision," said Aaron Levie, co-founder and CEO of Box. "Dana, Pete and Tom bring a wealth of enterprise experience to Box, and will be key players in fueling the next stage of our growth."

Building on a record 2011, which included major new customers AAA, Dow Chemical, McAfee and Procter & Gamble, Box has continued to dominate enterprise cloud collaboration in 2012 by adding Avaya, Inc., Lennar Corporation, MGM Resorts International, Netflix, and Operation Hope, among several others, to its customer ranks. The company has scaled significantly to support its enterprise customer momentum, opening a new 100,000 square foot headquarters in Los Altos, CA and more than tripling its employee base since 2010.

To date, Box has more than 10 million users, 8,000 developer partners, and 120,000 businesses using its products globally, including 82% of the Fortune 500.


Deep Experience in Key Growth Areas
As part of Box's extended management team, each of Box's new leaders will bring valuable experience to the company's growth and expansion.

Dana Evan, Director, Board of Directors
Formerly Chief Financial Officer of Verisign, Inc., Dana Evan brings more than 25 years of leadership experience in global finance and operations management to the Box Board of Directors. At Verisign, Ms. Evan led worldwide operations related to finance and accounting, real estate and property management, human resources, legal matters and investor relations, as the company grew from a venture-backed start-up in 1995 to a global corporation of nearly 5,000 employees.

In addition to her seat on the Box Board of Directors, Ms. Evan has also been appointed to chair the audit committee of the Board. Ms. Evan is also currently a director at Everyday Health (EVDY), Fusion-IO (FIO), Proofpoint, Inc. (PFPT), Second Life (Linden Labs), Survey Monkey, and the Health Trust. She has also served as a director for Omniture, Inc. (OMTR), which was acquired by Adobe Systems, Inc.; MySQL, a venture-backed startup acquired by Sun Microsystems; and Luxe Jewels (Stella and Dot).

Peter McGoff, General Counsel and Corporate Secretary
Prior to joining Box, Peter McGoff was Senior Vice President and General Counsel at Informatica Corporation. In his 12 years at Informatica, Mr. McGoff led the legal, real estate and license compliance functions at the public software company, and was instrumental in the company's growth. In leading the legal department, Mr. McGoff's focus included software licensing and contracts, intellectual property, litigation, corporate securities, M&A and corporate governance. Previously, Mr. McGoff was Omnicell.com's first in-house lawyer and was a corporate securities and intellectual property associate at Manatt, Phelps & Phillips LLP. At Box, Mr. McGoff will lead the Box legal department and work closely with the senior management team and Board of Directors.

Tom Addis, Senior Vice President, Enterprise Sales
Prior to joining Box, Mr. Addis held a variety of sales leadership roles at salesforce.com, as well as Siebel Systems and IBM. He has 20 years of experience in growing and managing large enterprise customer relationships, having overseen sales organizations at some of the software industry's largest and most well respected companies. At Box, Mr. Addis will lead the operations and expansion of the company's Enterprise Sales organization in North America.

About Box
Founded in 2005, Box provides a secure content sharing platform that both users and IT love and adopt. Content on Box can be shared internally and externally, accessed through iPad, iPhone, Android, TouchPad and PlayBook applications, and extended to partner applications such as Google Apps, NetSuite and Salesforce. Headquartered in Los Altos, CA, Box is a privately held company and is backed by venture capital firms Andreessen Horowitz, Draper Fisher Jurvetson, Emergence Capital Partners, Meritech Capital Partners, Scale Venture Partners, and U.S. Venture Partners. To learn more about Box, please visit www.box.com.


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