Most storage data is not subject to regulatory oversight.

Let's not have a charade about oversight.

Being able to sync the same content among multiple devices provides a very convenient backup for Dropbox data. If your Mac laptop gets dropped in your backyard swimming pool, as long as it’s been recently synced, you’ll still be able to quickly access all of the files and folders stored in Dropbox folder on the desktop PC.

The overall growth of data storage is going up at about a 100 percent every year, and in conjunction with that, systems are getting more complex. So there is a big demand for solutions to help manage this growth. Storage area networks (are) still in their infancy. It's a fairly small market and I think the experts expect to see very rapid growth in the order of 50-to-100 percent in the market for a number of years.

We need regulatory clearance which we do not expect to be a problem.

Scientists. What will not stop this from happening is government oversight.