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Cobalt Iron Selects Randy Jones as VP of Engineering

LAWRENCE, Kan. — Oct. 22, 2019 — Cobalt Iron Inc., a leading provider of cloud-based data protection, today announced that Randy Jones has joined the company as vice president of engineering. In this newly created position, Jones will lead and grow the software and system engineering teams in a push to further enhance product capabilities.

"Cobalt Iron is dedicated to pushing the limits of what our products can do, so we're scaling our engineering department to make it happen," said Rob Marett, chief technology officer of Cobalt Iron. "Randy is just the person to lead this effort, because he brings a wealth of experience building teams and developing process and structure to help scale."

Jones has led large-scale data technology and application development departments in several large companies. Immediately before coming to Cobalt Iron, he was the director of data engineering at American Century Investments. Previously, Jones held management positions at the University of Kansas Hospital and the Federal Reserve Bank of Kansas City, among others. He was also a corporal in the U.S. Marine Corps. He holds a bachelor's degree in applied science and technology and an MBA with a specialization in marketing.

"What Cobalt Iron has done with its Compass SaaS solution is far beyond what any other data-protection company can offer. I'm so happy to be joining the team to help take the product to new heights of security, scalability, cost savings, and efficiency for our customers," Jones said.

Jones reports to Marett.

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About Cobalt Iron
Cobalt Iron is the global leader in SaaS-based enterprise data protection. The company was founded in 2013 to bring about fundamental changes in the world's approach to data protection. Through analytics and automation, Cobalt Iron enables enterprises to transform and optimize legacy backup solutions into a simple cloud-based architecture. By leveraging the cloud, Cobalt Iron reduces overall capex by more than 50% while eliminating backup failures and inefficiencies. Processing more than 7 million jobs a month for customers in 44 countries, Cobalt Iron delivers modern enterprise data protection for enterprise customers.

Product or service names mentioned herein are the trademarks of their respective owners.

Link to Word Doc: www.wallstcom.com/CobaltIron/191022CobaltIron.docx

Link to Photos: www.wallstcom.com/CobaltIron/CobaltIron-Randy_Jones.jpg
Photo Caption: Randy Jones, Vice President of Engineering, Cobalt Iron

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