Releases

posted on 04 June 2008 10:16

London, UK, June 3, 2008-- LeftHand Networks(R), the leading provider of highly available iSCSI SANs that optimize virtualized environments, today announced it has been named as a Top 200 Private Technology Company for 2008, according to a report by Nollenberger Capital Partners, an investment banking and advisory services firm.

LeftHand Networks was recognized as a Top 200 leading private company based on selection criteria that included innovative and defensible intellectual property, a significant addressable market opportunity, demonstrable revenue traction and a strong leadership team.

LeftHand Networks also announced the appointment of Harry Blount to its Board of Directors. Blount currently serves on the National Academy of Science Committee on Forecasting Future Disruptive Technology. He spent 21 years on Wall Street where he was a leading analyst in multiple consumer and enterprise technology disciplines including storage, servers, IT distribution, internet, PCs, hard drives and telecommunications.

"His deep knowledge of the technology market and strong financial acumen make Harry a great asset to our Board. We are very fortunate to be able to leverage his significant expertise as we continue to grow LeftHand Networks, particularly if we choose to take the company public," said Bill Chambers, chief executive officer at LeftHand Networks. "We are also gratified to be recognized as a Top 200 Private Technology Company by Nollenberger Capital Partners. With our innovative, feature-rich iSCSI SANs that extend and optimize virtualized environments, LeftHand is continuing to achieve record revenue growth and notable market success."

Blount held the position of Senior Vice President in the Equity Research Department at Lehman Brothers from 2000 to 2007. Prior to Lehman Brothers, he was an equity research analyst at several firms including Credit Suisse First Boston, Donaldson Lufkin & Jenrette, and CIBC Oppenheimer. Mr. Blount was named an Institutional Investor All-American and was recognized as a Wall Street Journal All-Star. Mr. Blount is a Chartered Financial Analyst, and earned a bachelor of science degree in finance from the University of Wisconsin - La Crosse.

About LeftHand Networks

LeftHand Networks pioneered IP-based storage area networks (SAN) in 2001. SANs built using LeftHand's SAN/iQ(R) software are uniquely able to distribute and protect data across a cluster of industry-standard storage servers. The company's patented architecture increases data availability, allows users to start small and grow the SAN seamlessly, and simplifies management. The LeftHand SAN is ideal for storage and server consolidation, multi-site SANs, and disaster recovery. LeftHand SANs are available in the U.S., Canada and throughout Europe. For more information, contact LeftHand at info@lefthandnetworks.com.

About Nollenberger Capital Partners

At Nollenberger Capital Partners, we believe that success is a shared vision. We are an investment banking and advisory services firm providing investment banking, private client services, public finance, and retirement plan services. Our high-touch approach combines experienced advisors providing insight-driven solutions. We have one goal in mind, our clients' success. For more information about Nollenberger Capital Partners, please visit http://www.NCPI.com.

^{[Formatted by Majid Soltani.]}