Releases

posted on 10 June 2008 14:25

ONStor Inc., a leading provider of clustered NAS solutions for primary and value-tier storage for enterprises and content-rich organisations, today announced it was named one of the 2008 Top 200 Private Technology Companies in a special report by Nollenberger Capital Partners Inc. (NCPI), an investment banking and advisory services firm.

“ONStor closely fits the criteria we look for in a later-stage company, where the management team, strong venture capitalist backing, and large addressable market point to the company’s ability to successfully deliver a solid product to an ever-growing customer base,” said Rick Juarez, Managing Director and Head of Investment Banking for Nollenberger Capital Partners.

The members of the Top 200 list are typically late-stage, privately held companies that NCPI’s investment banking team believes will achieve a liquidity event or raise capital at an uptick valuation in the next 12 to 24 months. Selection criteria for the companies on the list included the following:

* Technology-centric
* Producing innovative, novel, solutions based on defensible intellectual property
* Demonstrable revenue traction
* Solid management team
* Backed by venture capitalists

“We’re honored and excited to be included in this year’s list,” said Bob Miller, CEO, ONStor. “We are proud of the triple-digit growth we have achieved year over year, and we will continue to deliver best-of-breed virtualized data storage solutions that offer our enterprise customers a lower total cost of ownership.”

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 www.NCPI.com.

About ONStor
ONStor provides clustered NAS solutions for both primary and value-tier storage, focusing on enterprise data centers and content-rich organizations, and giving customers the ability to cost-effectively manage the accelerating growth of unstructured data. ONStor’s award-winning solutions deliver flexible data management, protection, and file server consolidation for a new generation of data-intensive applications through a combination of advanced technologies including virtualization and energy-efficient design.

ONStor and Top 200 Private Technology Company

Proven at customer sites worldwide, ONStor’s Pantera clustered NAS systems and Bobcat clustered NAS gateways offer a broad choice of storage and enable customers to easily scale storage with a lower total cost of ownership (TCO). ONStor solutions are available through a global network of resellers and distribution partners. More information about ONStor can be found at www.onstor.com.

^{[Formatted by Paul Warren.]}