SOURCE: Nexsan Corporation

November 17, 2008 08:00 ET

Nexsan Expands Senior Management Team With Storage Industry Veteran Michael McGuire

THOUSAND OAKS, CA--(Marketwire - November 17, 2008) - Nexsan Corporation, a leading provider of energy-efficient storage systems, today announced the appointment of storage industry veteran Michael McGuire to the newly created position of Chief Commercial Officer. Mr. McGuire will be responsible for extending Nexsan's growth by leading its worldwide sales, marketing and business development activities and will report to Nexsan CEO Philip Black.

"Mike has world-class storage industry experience and is deeply attuned to the dynamics of channel sales across global markets," said Philip Black, CEO of Nexsan Corporation. "With his proven ability to grow storage businesses through exceptional sales, marketing and business development leadership, combined with the existing talented resources in our Nexsan team, we intend to take Nexsan to the next level while continuing Nexsan's dedication to the channel model."

Recently, McGuire served at Sun as Vice President, Americas Storage Sales with leadership responsibilities over sales, field marketing, business development, channel management, finance and administration. He was also responsible for leading its organizational design and change management plan and launching the Storage Practice organization following the acquisition of Storage Technology Corporation (StorageTek).

Prior to Sun, Mr. McGuire was Vice President and General Manager, Sales and Services, U.S. and Canada, for StorageTek where he reported to the Chairman, President and Chief Executive Officer and led a team of more than 1,500 sales and services employees.

"Over the years, Nexsan has invested aggressively in its channel partners, taking advantage of the tremendous growth opportunities that exist in storage and the channel," said Mike McGuire, the new Chief Commercial Officer at Nexsan Corporation. "To capitalize on our momentum, we will continue to deliver on our track record of storage innovation via exceptional channel partnerships addressing the overwhelming demands facing storage managers and CIOs today."

Nexsan Corporation has established itself as a leading storage industry innovator. It was among the first companies to bring high density and green storage technology to market and it continues to drive high-end enterprise-class functionality and reliability into systems designed and priced affordably for small and medium-sized businesses as well as large enterprises and government agencies. Nexsan products have been widely adopted around the world by major financial institutions, leading medical facilities and advanced technology businesses and institutions such as digital television stations and high-performance computing facilities.

About Nexsan Corporation

Nexsan Corporation is a leading provider of energy-efficient 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 that 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 about Nexsan's products, please see the company's website at www.nexsan.com.

Assureon, Nexsan Technologies and SATABeast are registered trademarks and AutoMAID, DATABeast, SASBoy, SATABoy and The Edge are trademarks of Nexsan. All other trademarks are property of their respective owners.

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