West Sussex, UK – September 28, 2005 - FIBRENETIX, leading European storage systems manufacturer announce the launch of Fibrenetix USA Inc in San Jose, California.

The USA move follows recent subsidiary launches in Germany and The Republic of Ireland – and adds to operations in Spain and France.

Announcing the opening of the US operation Fibrenetix CEO Jes Nagel said: “We are seeing solid growth, above the storage industry norm, and we expect that pattern to continue.  The launch of Fibrenetix USA Inc. and our plans to open a further subsidiary in Japan in 2006 are key strategic moves in our mission to become a significant global player in the storage market.”

He added: “We have experienced strong sales in the States already this year including contracts with NASA, UCLA and Banner Health Inc - so this American venture is a natural progression for us.  We predict that 50% of our turnover will come from the U.S marketplace in the next two years.”

Alan Johnson who joins Fibrenetix as VP of Business Development will head the Silicon Valley operation.  Johnson, a well-known figure in the storage industry, is a former director of the Fibre Channel Industry Association Europe. He is an expert with over 20 years experience in the sector at System Industries, Eurologic, Adaptec and Infortrend.

He said: “I am delighted with this new challenge. My first job will be to build a first class sales and technical support team and establish streamlined logistics facilities to ensure short delivery times to the market.”

Danish-born Nagel, who pioneered IDE technology and IDE RAID and is considered a visionary figure in the storage arena, has timed the U.S launch to coincide with the announcement of two key product innovations.

Qubex is a new workstation RAID system targeting the broadcast, post production and digital imaging industries, providing up to 3 Terabytes of storage.

The benchmark E1 high performance 8 Terabyte RAID system, complete with unparalleled data protection, replaceable SmartLCD display, optimal cooling and virtually vibration-free environment, sets new standards for RAID storage systems.

Ends

Further information: Trevor Lansdown at wordengineers.com:

T: +44 (0) 1206 241575  E: info@wordengineers.com

Or:  Mandy Stone, Fibrenetix:

T: +44 (0)1293 400515  E: marketing@fibrenetix.com  

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