LeftHand Surpasses 3,000 Customers

BOULDER, Colo. -- LeftHand Networks today announced it has achieved 110 percent year-over-year revenue growth in the fiscal year ended June 30, 2008. With more than 3,000 customers and 11,000 systems sold, LeftHand Networks continues to strengthen its leadership position as the technology industrys largest pure-play iSCSI SAN vendor. LeftHand Networks attributes its notable growth to strong customer demand for iSCSI SANs, larger SAN deployments and significant repeat business from existing customers, as well as its VMware go-to-market partnership and substantial channel expansion.

“Achieving triple digit revenue growth and surpassing key milestones of 3,000 customers and 11,000 systems sold is gratifying and reflects the significant advantages that LeftHand Networks’ SANs deliver to the market,” said Bill Chambers, founder and CEO, LeftHand Networks. “With an annual sales growth rate of 110 percent this year, compared with IDC’s market projection of 50 percent growth for the IP SAN market, LeftHand Networks continues to gain share and drive innovative product advancements.”

LeftHand Networks Inc.