PRESS RELEASE

SAN FRANCISCO, CA--February 25, 2013--SpiderOak -- the 'Zero-Knowledge' privacy cloud technologies provider -- today announced it is launching privacy into the mainstream with the unveiling of Crypton, the world's first 'Zero-Knowledge' application framework. Crypton makes it possible to build cryptographically secure applications and push privacy further into the web than previously possible.

To learn more about Crypton or access the framework, please visit http://crypton.io

In the past, using cloud technologies meant definitively sacrificing privacy (having plaintext information viewable by 3rd party servers). This has all changed as Crypton now empowers companies and developers to realize 'zero-knowledge' privacy cloud environments out-of-the-box. This is accomplished by transparently handling the complicated cryptography layers through Crypton and allowing companies to focus on domain specific challenges instead of figuring out how to push privacy and security after-the-fact.

The name Crypton is a derivative of 'cryptography' and 'photon'. Cryptography is defined as the elements necessary to create a cypher. Photon is an elementary particle of light. Together they create the name 'Crypton' or an elementary particle of cryptography.

"We can now start a true dialogue around privacy online as Crypton makes it possible for anyone to build 'zero-knowledge' cloud-based applications," said Ethan Oberman, CEO and Co-Founder of SpiderOak. "Most companies out there aren't making money by mining through your uploaded content; rather, they are providing a service and charging a monthly or yearly fee. Through Crypton, these companies can now give privacy back to their user base and further protect themselves against potential liabilities and/or outside attacks."

Amidst the cacophony of security-related announcements from other cloud-oriented vendors, it is prudent to understand the differences between privacy and security and the result afforded by each. In simplest terms, security relates the lock on your door whereas privacy references the blinds on your windows. Of course both are important and needed attributes; however, security alone does not protect against a litany of growing issues from who ultimately has access to the data (liability) to how accessible that data may be during an attack (security breach). When asking 3rd party companies to house and protect these sacred elements of our lives and/or businesses, it does begin to raise important questions that go beyond just the guarantees 'security' alone provides.

"Ultimately– we believe that privacy is a right in this country," stated Oberman. "And inherent in privacy is the concept of ownership. We own our information and therefore can make decisions about when and with whom we share it. This issue has been severely complicated by the growing nature of cloud technologies as the data you upload had to be accessible by that 3rdparty company in order for that service to be useful. But the world is evolving and Crypton gives the conversation a meaningful place to start."

To learn about SpiderOak's zero-knowledge solutions, go to https://spideroak.com

About SpiderOak

SpiderOak provides a cloud backup, sync and storage environment that is 100% private. Our 'Zero-Knowledge' Privacy Standard ensures absolute confidentiality between you and your data, everywhere, every time and from every device. With SpiderOak, you maintain full and complete control of your data in a centralized, managed and fully protected environment. SpiderOak: we've got your back(up).