DataDirect Networks Recognized as 'Hot Company' for 2008 at Technosium 2008 Executive Summit Data Storage Technology Leader Receives One Of Industry's Highest Recognitions

CHATSWORTH, Calif., Feb. 6 /PRNewswire/ -- DataDirect Networks, Inc., an innovative leader in data storage solutions designed for performance and capacity, today announced that it has been voted a "2008 Hot Company," a recognition honored by Network Products Guide, the world's leading publication on technologies and solutions published from Silicon Valley, California.

Alex Sayyah, Director of Marketing at DataDirect Networks, presented on the company's "4Ps" covering products, people, performance and potential to a live audience of senior executives and leaders from the technology industry, venture capitalists, media, peer-to-peer and other industry experts at the Hyatt Regency, Santa Clara in the heart of Silicon Valley.

"It's time for technology companies to focus on innovation and growth now," says Rake Narang, Editor-n-Chief of Network Products Guide. "This will help companies to survive the global economy uncertainties in 2008. For the past five to seven years, companies in the technology industry have already done major overhauls to productivity augmentation, made considerable cost-cuttings and undertaken manufacturing outsourcing.

"It's an honor to be recognized as a leader in the data storage industry, and the Hot Companies award validates DataDirect Networks' commitment to cutting-edge product development and customer satisfaction," said Alex Bouzari, CEO of DataDirect Networks. "2008 will be an exciting year for us as we expand our product portfolio to penetrate new storage market segments as well as to address a larger set of requirements for our existing customers."

The Executive Summit team responsible for the recognition selection at Technosium 2008 was represented by technology companies from all over the world in the areas of networking, wireless, mobile, software, and storage & security and included Dr. David L. Bradford from Stanford University, Laura Yecies, Vice President of Marketing & GM, Consumer -- Check Point Software, Rob Chaplinsky, Co-Founder of Bridgescale Partners, Joe Gottlieb, Vice President -- Corporate Strategy, McAfee, Inc., and Sam Bhaumik, Senior Managing Director, Hercules Technology Growth Capital, Inc. Over 150 technology companies from around the world including Cisco Systems, Inc, IBM, Juniper Networks, Intel, HP, Oracle and more provided technology updates at Technosium.

About Technosium's 2008 Executive Summit

Technosium 2008 Executive Summit and Conference and Expo is supported by Silicon Valley Communications, San Jose Mercury News -- The Newspaper of Silicon Valley, Wi-Fi Alliance, Trusted Computing Group, Information Security Professionals Association, Network Products Guide, Personal Broadband Industry Association, Covenant, Wireless Communications Alliance, Info Security Products Guide, Stanford Graduate School of Business and Smart Capitol Venture (SCV Network). For more details please visit http://www.technosium.com/

About DataDirect Networks

DataDirect Networks is the leading provider of scalable storage systems for performance and capacity driven applications. DataDirect Networks' S2A(TM) (Silicon Storage Architecture(TM)) technology enables modern applications such as video streaming, content delivery, modeling and simulation, backup and archiving, cluster and supercomputing, and real-time collaborative workflows that are driving the explosive demand for storage performance and capacity. DataDirect Networks' S2A technology and solutions solve today's most challenging storage requirements, including providing shared, high-speed access to a common pool of data, minimizing data center footprints and storage costs for massive archives, reducing simulation computational times, and capturing and serving massive amounts of digital content. For more information visit DataDirect Networks at http://www.datadirectnet.com/ or call 1-800-TERABYTE (837-2298).

DataDirect Networks, S2A, and Silicon Storage Appliance are trademarks of DataDirect Networks, Inc. All other trademarks are the property of their respective owners.

Media Contact: Alex Sayyah DataDirect Networks 818-700-4039 asayyah@datadirectnet.com

DataDirect Networks

CONTACT: Alex Sayyah of DataDirect Networks, 1-818-700-4039,
asayyah@datadirectnet.com

Web site: http://www.datadirectnet.com/
http://www.technosium.com/