PRESS RELEASE

Verari Systems Selected Among Ten Technology Companies to Watch for in 2009 by Bank Technology News

Prestigious banking magazine recognizes Verari's Financial Services and green engineering among the best in the field

By Mike LaPan (858) 874-3800

San Diego, Calif. – May 28, 2009 - Verari Systems®, a premier developer of independent blade-based computing and storage platforms for the data center with the highest density, availability, and energy efficiency in the market, announced today that it has been named as one of the Ten Technology Companies to Watch for in 2009 by Bank Technology News.

Bank Technology News’ Ten Tech Companies to Watch are the magazine’s picks of technology companies that showcase visions of the future of the Financial Services industry. Verari Systems was recognized for its Financial Services leasing program and for the green engineering design of its second-generation FOREST container, a power-efficient portable data center consolidation platform for heterogeneous solutions, which includes the company’s advanced blade server and storage platforms that can be deployed at 35% of the capital expense and 65% of the operating expense of traditional brick-and-mortar data centers.

“By providing next generation, high performance, blade-based computing and storage systems with industry leading density and energy efficiency, we help customers conserve cash and reduce operating costs, while improving their customer service and profitability. In addition, utility companies provide cash rebates for Verari platforms giving our customers cash on their balance sheet,” said Dan Gatti, senior vice president of Worldwide Market Operations, Verari Systems. “Being recognized by Bank Technology News as one of the top ten technology companies in the Financial Services sector is an honor that underscores our understanding of the market and technical expertise.”

Verari Systems excels in the Financial Services and green engineering fields with the design and development of its second-generation FOREST containers, which house Verari’s BladeRack® 2 X-Series platforms in an industry standard form factor (40’ x 8.0’ x 9.5’). Up to 2,880 servers, or up to 13 petabytes of storage capacity, can be deployed rapidly from order to installation --- in just three months --- versus four years for traditional enterprise data centers. Energy expenses are dramatically reduced due to the FOREST container’s ultra-efficient power subsystems and patented Vertical Cooling Technology™. Recently, Verari’s second-generation FOREST container was selected as the winner in the Energy Efficient Products: Facilities category of the 2009 Green Enterprise IT (GEIT) Awards, presented by the Uptime Institute and co-sponsored by the U.S. Department of Energy.

The FOREST container is available through Verari Financial Services (VFS), which provides customers flexible, low-interest leases that preserve cash, reduce technology obsolescence risk, and improve life cycle management and IT staff productivity. VFS’ innovative Green Leasing Program integrates energy rebates with better life cycle management practices, such as trade-in credits for older, less efficient equipment, and technology refreshes that provide the most current, energy efficient Verari equipment. Energy rebates are based on actual first-year electricity cost savings for new Verari equipment, which provides customers with either an upfront cash infusion or lower monthly lease payments. Customers are eligible for an energy credit (rebate) of up to $500,000. Finally, Verari’s Energy Credit Incentive Program offers a convenient application process for businesses focused on minimizing data center energy costs and greenhouse gas emissions.

About Verari Systems
Verari Systems, Inc. is the premier developer of independent blade-based computing and storage platforms for the data center with the highest density, availability, and energy efficiency in the market that are defining a new era in the green data center. Verari Systems is a market leader in blade storage and energy efficient platforms. Organizations such as Virgin America, Morgan Stanley, Wachovia, Akamai, Microsoft, Qualcomm, Johns Hopkins, EMC, CGGVeritas, Petrobras, Harris, Lockheed Martin, Northrop Grumman, and Sony Imageworks, as well as top universities and research institutions worldwide, are among the customers who have chosen Verari Systems’ line of award-winning high density blade storage and servers, rack-optimized platforms and software solutions. To learn more about Verari Systems and its unique solutions, please visit www.verari.com or call (888) 942-3800.

Verari Systems, the Verari Systems logo, Vertical Cooling Technology, FOREST, Verari Financial Services and BladeRack are trademarks or registered trademarks of Verari Systems Incorporated. All other names or marks are property of their respective owners.