SOURCE: BlueArc

June 28, 2005 08:15 ET

BlueArc Corporation Selected by AlwaysOn as Top 100 Private Company Award Winner

Innovative Network Storage Company Named to Prestigious List Following Rapid Revenue Growth and Customer Base Expansion

SAN JOSE, CA -- (MARKET WIRE) -- June 28, 2005 -- BlueArc® Corporation, provider of the world's highest performance, most scalable network storage systems, today announced that it has been chosen by AlwaysOn as one of the Top 100 Private Company award winners. BlueArc was handpicked by the AlwaysOn editorial team based on a set of five criteria -- innovation, market potential, customer adoption, media buzz and investor value creation.

The AO 100 was selected from over 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts. The AO 100 consists of private companies at all stages of development, from early to late stage.

BlueArc delivers disruptive network storage technologies that enable data-driven customers to change their businesses and operate more efficiently. Based on fundamental technology innovation, BlueArc delivers the highest performance, most scalable network storage systems available today, helping customers increase revenue and reduce costs.

BlueArc's Titan SiliconServer is backed by a unique hardware-accelerated architecture that allows customers to scale their storage systems far beyond any other servers available on the market today. Titan allows a single file system to grow up to 256 terabytes and delivers throughput of up to 20 Gigabits per second (Gbps). The architecture adapts to changing application or capacity needs, thus simplifying management, accelerating productivity and protecting a customer's long-term investment.

"The AO 100 companies are shaping today's web-driven, connected environment," said Tony Perkins, founder and editor of AlwaysOn. "We were inundated with nominations from leading companies, many of which I hope will appear on our list next year. My congratulations to each AO 100 winner -- these are the companies which we predict will have the greatest market traction, strongest innovation and most game-changing approaches this year."

"BlueArc is honored to be recognized by AlwaysOn as a company delivering serious business value for customers through relentless network storage innovation," said Steve Daheb, vice president of marketing for BlueArc. "Following the most successful year in our company's history in terms of customer traction and revenue expansion, we are focused on continuing to execute in the marketplace, delivering unique solutions for our customers and partners."

The AO 100 will be honored at the AO2005: Innovation Summit at a VIP reception at 5.00pm on July 19, 2005 at the Frances C. Arrillaga Alumni Center on the Stanford University campus in Palo Alto, California.

About BlueArc

BlueArc® Corporation changes the economics of network storage by helping customers manage more information with less effort. BlueArc's SiliconServer storage systems enable organizations to maximize performance and reduce operating costs through the movement of software functions into programmable hardware. Since 1998, BlueArc has provided scalable and reliable products, services and solutions to help enterprises achieve unmatched productivity and profitability from their data. The company's headquarters are in San Jose, California, with UK operations based in Bracknell, England. More information on BlueArc is available on the Internet at www.bluearc.com.

About AlwaysOn

AlwaysOn is transforming the communication business with its online blogging network, establishing it as a leader in the Open Media revolution. Borrowing from the underground traditions of blogging and social networking, AlwaysOn (http://www.alwayson-network.com/) was launched in 2003. Today, AO's annual Summit @ Stanford and OnHollywood events, print "blogozine" and online services encourage direct collaboration between global thought leaders and technology insiders. No other media brand has dared allow such openness amongst its readers and participants. AlwaysOn, LLC, is a privately held and virtually headquartered company born out of the heart of Silicon Valley.

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