Decho (Mozy Online Backup) Reports Triple-Digit Growth in New Customers from Accounting and Financial Services Markets

July 30, 2009 

MozyPro helps firms save 80+ percent in backup costs

SEATTLE, July 30 /PRNewswire/ — Decho Corporation, an EMC Company (NYSE: EMC), today announced triple-digit growth in new Mozy(TM) customers from the accounting and financial services markets over the past 12 months. As these firms look to protect irreplaceable business data, they’re turning to MozyPro(R), the industry’s most trusted online business backup service.

“Contrary to past experience, small and medium-size business IT spending will decline more than enterprise IT spending as small businesses bear more of the pain from the housing sector collapse and the financial crisis,” said analyst Andrew Bartels in a May 2009 Forrester Research Inc report titled “US Enterprises Versus SMB IT Budgets in 2009.” In addition, Gartner recently reported the loss of intellectual property or customer data was the number one concern of North American organizations surveyed by Gartner in 2007 and 2008.

Tostevin Accountancy, an accounting, tax, fiduciary, financial planning, and business consulting firm headquartered in Monterey, CA, had been using a tape backup system that it found unreliable and consumed too much valuable office space. It also needed a solution that would work automatically and support Microsoft Exchange. Tostevin reduced its corporate backup costs by 84 percent after they switched from a tape backup provider to MozyPro.

“Our previous solution required a significant investment upfront for both hardware and software, plus costs associated with required maintenance,” said Dennis Forest, CPA at Tostevin Accountancy Corporation. “MozyPro’s inexpensive price and minimal management times made it the natural choice for us.”

MozyPro’s benefits are also being realized by banks. The State Bank of Geneva was spending several hours per week managing on-premise data backups and moving backup media off-site. “The simplicity of Mozy is great for a small business,” said Rick Razum, IT Director for the State Bank of Geneva. “However, its features are so enabling and well-designed that Mozy is ideal for larger companies as well. The quality of product for an affordable rate is unmatched.”

“In addition to the significant cost savings that can be achieved with MozyPro, accounting and financial firms recognize Mozy’s market leadership in data protection,” said Daniel Royer, MozyPro manager at Decho Corp. “These firms can now focus on their business knowing that their important digital information is secure.”

For additional information about how Mozy helps accounting and financial services professionals protect valuable data and perform an accounting backup for an affordable price, visit www.mozy.com/accounting. Mozy, the most trusted online backup solution for consumers and businesses, serves more than 40,000 business customers and more than 1 million users. Mozy customers back up more than 15 petabytes of data to Decho’s professionally managed world-class data centers.

About Decho
Decho is dedicated to helping people protect, manage and enrich their “digital echo” — the valuable and ever-growing body of personal, digital information that reverberates through their lives. Mozy, the company’s flagship offering, is the leading online backup service for both consumers and businesses, and Decho is actively developing other services. Decho is headquartered in Seattle and is an EMC company. For more information, please go to www.decho.com.

MozyPro is a registered trademark, and Mozy is a trademark of Decho Corporation. All other trademarks are the property of their respective owners.

Source: EMC Corporation