DataDirect Networks Named One of Los Angeles’ Fastest Growing Technology Companies By Deloitte & Touche

Fast growing storage systems provider earns 23rd position with five year revenue growth of 295.4%

Chatsworth, Calif. — October 11, 2007 – DataDirect Networks Inc. (DDN), a leading provider of scalable storage systems for performance and capacity-driven applications, was named to the 2007 Deloitte and Touche Los Angeles Technology Fast 50 List. DataDirect Networks earned the 23rd position on the annual list of the fastest growing technology, media, telecommunications and life sciences companies in Los Angeles by posting a 295.4 percent revenue growth from 2002-2006.  The award recognizes DDN's continued growth over the past five years, which reflects a strong demand for their superior S2A storage systems. 

“We are honored to be recognized by Deloitte & Touche for our success as a company and ongoing commitment to delivering the highest-performing, most-scalable storage systems in the world,” said Alex Bouzari, CEO and co-founder of DataDirect Networks.  “The nature of data is evolving rapidly, with increasingly larger files needing to be stored, accessed and protected across a broader base of businesses. With that trend, we expect our growth to continue its momentum for years to come.”

DataDirect Networks' award-winning S2A (Silicon Storage Architecture) storage appliances represent a fundamentally different approach to disk storage systems design. Conceived from the ground-up for today’s emerging high growth data patterns, which are characterized by large files and the need for bandwidth driven performance and massive storage capacities, the S2A helps Internet, media, oil & gas, design, manufacturing, and other large corporations speed access to their stored data while reducing the complexity and cost of managing their storage systems.

As a result of its rapid growth, DDN moved its headquarters to a larger facility in Chatsworth, Calif. earlier this year, expanded its facilities in Columbia, Md. and recently opened a development center in Colorado Springs, Colo. 

The Los Angeles Technology Fast 50, by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations, is an annual award program that ranks technology companies located in Los Angeles and surrounding counties by percentage revenue growth over five years.  To qualify for inclusion on this prestigious list, companies must have revenues of at least $50,000 in 2002 and at least $5,000,000 in 2006; be headquartered in Los Angeles County or surrounding counties; and derive the majority of their revenue from their own proprietary technology or intellectual property.

About DataDirect Networks
DataDirect Networks is a leading provider of intelligent open storage platforms. DataDirect Networks’ S2A (Silicon Storage Architecture) represents a pioneering approach to enterprise storage which separates the storage intelligence from the underlying disk drive hardware, enabling significant improvements in flexibility, performance, capacity, data center efficiency and manageability.

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