Digital Reef is Selected as an MIT Sloan CIO Symposium Innovation Showcase Finalist

Digital Reef is recognized by MIT for providing cutting-edge technology that offers new levels of value and advancement to Enterprise IT

(Boxborough, MA) - (May 11, 2010) - Digital Reef today announced that it has been selected as a finalist at the first annual MIT Sloan CIO Symposium - Innovation Showcase. The Innovation Showcase highlights ten outstanding early-stage companies that provide cutting-edge technology and offer new levels of value and advancement to Enterprise IT.

"MIT is all about innovation and leadership, and we developed the Innovation Showcase to highlight companies that embody these traits, and Digital Reef is one of such companies," said David L. Verrill, Executive Director of the MIT Center for Digital Business, and the Co-chair of the Innovation Showcase. "The Symposium provides these early-stage companies with a platform to demonstrate their new thinking and approaches to vital challenges facing CIOs in today's changing economy."

"We are honored to be selected as a finalist for the first annual MIT Sloan CIO Symposium - Innovation Showcase," said Steve Akers, founder and CTO of Digital Reef. "We look forward to sharing our ideas on eDiscovery and digital information governance with our peers as well as hearing about their outlook on the latest technology and business innovations."

The annual event offers a day of interactive learning and thought-provoking discourse on the future of technology, best practices, and business that is not available anywhere else. The portfolio of speakers includes more than 50 presenters from a wide range of industries, as well as leading academics from the MIT Sloan School of Management.
More than 600 CIOs and senior IT executives will be attending the 2010 MIT Sloan CIO Symposium, which will take place Wednesday, May 19, 2010, 7:30 am to 7:00 pm at Kresge Auditorium, MIT (77 Massachusetts Avenue, Cambridge, MA). The full agenda is available at www.mitcio.com/agenda.

About Digital Reef

Digital Reef is a leading software provider helping corporations, law firms, and service providers with eDiscovery and Digital Information Governance. Both corporate and IT executives are challenged to find and manage the right information, at the right time necessary to respond to constant business demands such as government laws and regulations, corporate accountability and compliance, and IT digital file and storage policies. Using the industry's most scalable and open Virtual Governance Warehouse, businesses can rapidly collect, analyze, and then govern information. Digital Reef gives businesses an unprecedented control of their information which can be derived from wherever it resides including emails, documents, repositories, and over 400 different types of files, including images. With Digital Reef, organizations have a standard, disciplined approach to continuously govern information for projects driven by Federal Rules of Civil Procedure, FTC false claims, Sarbanes-Oxley, SEC risk assessments, FDA approvals, and internal IT policies for digital information security, retention, and file management. Enterprises and their law firms, services providers, and consultants across all industries rely on Digital Reef for the fastest way to transform un-managed information into valuable assets.

Founded in 2006, Digital Reef is headquartered in Boxborough, Mass. For more information call 978-893-1000 or visit www.digitalreefinc.com.

About the MIT Sloan CIO Symposium

The MIT Sloan CIO Symposium is the premier global event for CIOs and senior IT executives to become better business leaders. In one day, CIOs and senior IT executives receive actionable information that enables them to meet the challenges of today's changing global economy. The annual event offers a day of interactive learning and thought-provoking discourse on the future of technology, best practices, and business that is not available anywhere else. The MIT Sloan CIO Symposium is organized and developed by a team from the MIT Sloan Alumni Club of Boston, the MIT Center for Digital Business and the Boston Chapter of the Society for Information Management. Visit www.mitcio.com for more information and registration.


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