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posted on 04 April 2008 08:34

THOUSAND OAKS, CA, Apr 01, 2008 (MARKET WIRE via COMTEX) -- Nexsan, a leading provider of energy-efficient, long-term disk storage, today announced a strategic alliance and marketing agreement with Jack Henry & Associates, Inc., a leading provider of integrated computer systems for financial services organizations.

Based on terms of the agreement, Jack Henry & Associates integrated the Nexsan Assureon secure storage solution with its Synergy Enterprise Content Management (ECM) platform and its 4|sight check imaging platform. Synergy is the modular ECM solution marketed to the more than 1,700 banks supported by Jack Henry Banking and the more than 650 credit unions supported by its Symitar division, and sold outside its core client base through its ProfitStars brand. 4|sight is the check imaging platform provided by Jack Henry Banking.

Nexsan Assureon is a secure, intelligent archive storage solution that combines advanced encryption with content addressed storage, information lifecycle management (ILM) technology, and other patent-pending security features into a single, fully integrated disk-based storage solution. Assureon was designed from the ground up specifically to address the long-term storage and management of fixed content and compliance information, making it ideal for organizations like financial institutions that want to continually improve business practices and proactively comply with regulations being enforced by numerous agencies.

This fully integrated ECM/Nexsan imaging solution is already in full customer production. Alpine Bank of Glenwood Springs, Colo., recently implemented the integrated Synergy/Assureon solution to support its expansion, increase data protection, and achieve higher energy savings. This regional bank which has approximately $2 billion in assets, 35 locations throughout Colorado, and more than 100,000 customers, stored more than two million document pages in the first two months and has realized a 30 percent net storage savings.

According to Tony Wormington, president of Jack Henry & Associates, "Our customers want sophisticated imaging solutions that require less physical space, save power, maximize system availability, ensure data protection, and operate in the event of a local emergency -- all while improving customer service and satisfaction. We believe the most practical and efficient way to consistently provide state-of-the-art imaging solutions is to align ourselves with innovative providers of specific and proven add-on technologies such as Nexsan Assureon. We partnered with Nexsan based on its ability to provide archive storage solutions that combine the high-density storage capacity, leading-edge security features, energy efficiency, and price/performance our customers need."

Philip Black, Nexsan's president and CEO, said the strategic alliance and marketing agreement with Jack Henry & Associates marks the first time Nexsan has aligned with a market-specific system integrator. "We are thrilled with our relationship with Jack Henry & Associates and the opportunity it provides for us to move deeper into the financial services industry. This industry is a primary target market for Assureon, which was designed specifically for businesses that demand reliable, long-term disk storage at affordable prices."

Nexsan has built a strong reputation for a complete line of long-term disk storage solutions that offer exceptional price/performance and superior energy efficiency. A pioneer in "green storage," Nexsan has delivered energy-efficient storage solutions since 2006, allowing organizations to power down disk drives to an idle state to conserve more than 30 times the energy of a conventional fibre channel solution per petabyte of storage, yet still provide nearly instantaneous access to data. Nexsan products, which are available through its extensive worldwide network of value-added resellers (VARs), are currently used by a wide range of Fortune 500 companies and vertical markets, including major governmental agencies and healthcare facilities.

About Jack Henry & Associates, Inc.

Jack Henry & Associates, Inc. is a leading provider of computer systems and ATM/debit card/ACH transaction processing services primarily for financial services organizations. Its technology solutions serve more than 8,700 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking supports banks ranging from de novo to mid-tier institutions with information and transaction processing solutions. Symitar is the leading provider of information and transaction processing solutions for credit unions of all sizes. ProfitStars provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. Additional information is available at www.jackhenry.com.

About Nexsan Corporation

Nexsan Corporation is a leading provider of energy-efficient, long-term storage systems. Nexsan delivers secure storage appliances and modular, capacity-optimized disk-storage systems for a broad range of applications including fixed content storage and archiving, email, medical imaging, compliance and litigation support, disk-based backup, digital video security, and rich media. Nexsan's solutions are the choice of small and medium-sized companies as well as large global enterprises and major governmental agencies around the world who are seeking cost-correct, high density storage solutions. Founded in 1999 and based in Thousand, Oaks, Calif., Nexsan sells its products exclusively through a select global network of VARs, OEMs and system integrators. For more information, please see the company's website at www.nexsan.com.

^{[Formatted by Majid Soltani.]}