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From: Glenn Petersen	8/11/2011 7:25:14 AM
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The Carbonite registration statement has been declared effective by the SEC. The shares have been priced at $10 and will trade under the symbol CARB. Carbonite IPO prices at $10 -underwriter NEW YORK \| Wed Aug 10, 2011 5:10pm EDT NEW YORK Aug 10 (Reuters) - Carbonite, which sells Web-based computer backup products, priced shares in its initial public offering at the bottom of a lowered range on Wednesday, according to an underwriter. The company and its owners priced 6.25 million shares at $10 each, raising about $62.5 million. The company on Wednesday lowered its expected price range to $10 to $11 per share from $15 to $17 per share. (Reporting by Clare Baldwin) reuters.com

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