StackSafe Named Winner of the 2008 National University Start-Up Competition

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StackSafe Named Winner of the 2008 National University Start-Up Competition

StackSafe, Inc., a provider of pre-deployment staging and testing solutions for IT Operations teams, announced today that the company has been declared the winner of the National Council of Entrepreneurial Tech Transfer's 2008 National University Start-Up Competition. After various presentations to VC, angel investor and university judges, StackSafe emerged from 400 competing university startups as an elite investment-worthy company.

"It's a great accomplishment to be viewed as a leader in this competition," said Loren Burnett, CEO and President of StackSafe. "We're proud that StackSafe has been recognized for its effort in creating a solution designed to cut costs for businesses by minimizing the production problems of IT teams."

StackSafe, a Columbia University spin-off, provides solutions that enable IT teams to significantly improve pre-deployment testing in order to reduce costly production problems and downtime that drain valuable time and resources from IT departments. Its flagship product, StackSafe Test Center, combines staging, testing and reporting capabilities to predict IT complications brought on by configuration changes, upgrades, or patches.

"Working with the talented team at StackSafe has been a real privilege for us", said David B. Lerner, Director of New Ventures at Columbia Science & Technology Ventures. "We're proud to have Loren and his team recognized in this forum. StackSafe is a terrific example of successful spin-off that came out of our software labs."

About StackSafe, Inc.
StackSafe provides software infrastructure testing solutions that enable IT teams to significantly improve uptime and resiliency. StackSafe's flagship product, StackSafeā„¢ Test Center, directly addresses the challenge of incomplete and ineffective IT staging and testing of changes to multi-tiered software infrastructure stacks. With Test Center, StackSafe provides the first easy-to-use virtualized staging and testing solution that enables IT teams to understand the business impact of changes--before they touch production systems. Test Center was awarded the 2008 ITIL Innovation of the Year award at the International IT Service Management Conference and Exhibition. Based in Vienna, Virginia, StackSafe serves IT Operations teams across multiple vertical markets. For more information, visit http://www.stacksafe.com.

About Columbia Science & Technology Ventures
Columbia University's technology transfer office, Science & Technology Ventures (STV), serves as a bridge between Columbia's researchers and the business community. STV's core objective is to facilitate the transfer of inventions from academic research to outside organizations for the benefit of society on a local, national and global basis. As such, STV's primary mission is to identify, evaluate, protect, and license or spin-out Columbia's intellectual property. STV at Columbia University is considered one of the leading technology transfer offices in the world, with more than 300 invention disclosures from faculty, 70 license deals and 12 new start-ups each year, as well as approximately 35 multi-disciplinary, full-time staff across Columbia's two campuses. For more information on STV, please visit http://www.stv.columbia.edu.

Note to editors: If you would like additional information on StackSafe and its products, please visit the StackSafe Press Room.

The trademark "StackSafe" and the StackSafe logo are the property of StackSafe, Inc. and may not be reproduced without written consent of StackSafe, Inc. All other trademarks belong to their respective owners.

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Joe Pendry
StackSafe
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