Red Herring Selects Exanet for The 2005 Red Herring 100 Europe

In the picture – Yossi Ben-Shoshan at the NAB ’05 show in Las Vegas NV.

Exanet Recognized As a “Rising Star” in Innovation and Technology

NEW YORK, APRIL 12, 2005 — Exanet, the Isreaeli developer of the award-winning ExaStore? storage solution, has been named one of the Red Herring 100 Europe, a selection of the top 100 private companies in Europe and Israel that play a leading role in innovation and technology.

“This award reinforces the impact and value our customers gain from our technology – providing a strategic solution to a tactical problem,” said Rami Schwartz, Exanet CEO. “Our business model is based on providing companies with a business-focused storage solution, one that grows with their corporate data management needs, maintains a cost-effective environment, and enhances information sharing for a competitive advantage.”

Red Herring’s selection process to identify the Top 100 Companies is long and rigorous. It selected Exanet as a winner after reviewing the company’s business model, analyzing its profitability forecasts, assessing the management team and examining its technology.

“All our processes – from basic R&D to professional services and technical support — are geared toward providing the best business value for our customers,” said the ExScite Yossi Ben-Shoshan, Exanet executive vice president and general manager. “We identified a clear customer need to simplify storage infrastructure and management. To meet this need, we developed ExaStore, a superior auto-managed, scalable, cost efficient and high performance solution using Exanet software and industry standard hardware.”

Exanet’s storage solutions integrate ExaStore software with industry standard hardware, and are available with fibre channel or SATA disk RAID arrays, allowing customers to build an infinitely expandable storage system, based on Exanet’s grid storage architecture.