"The combination of Celeros's high reliability, high performance appliance platforms with Wasabi Systems software will create the most affordable, simplest to manage full featured storage solutions on the market. We are very excited about the capabilities these 'best of breed' appliances will provide Celeros and its OEMs and partners in addressing SMB customers' storage needs," said Hossein Alaee, President and COO of Celeros. "We are delivering on the promise of iSCSI technology to bring the advantages of Storage Area Networks to the masses," Alaee added further.

EzSAN™, the first product line that will enjoy the benefits of this partnership, will be comprised of two appliances. EzSAN XR11 is a 1U appliance, supports up to 1 terabyte of raw storage in its initial release and with its very aggressive pricing is intended as an entry SAN solution and DAS replacement. EzSAN XR23 is a 2U appliance, supports up to 3 terabytes of raw capacity initially; and comes with redundant hot swappable power and cooling. EzSAN XR23 is ideal for high performance servers or clusters, Disk-to-Disk-To-Tape back up storage, and email and vital business document archive storage. The EzSAN™ line supports RAID Levels 0, 1, 5, 10 and 50 and comes with built-in Dual Gigabit Ethernet and 1 gigabyte of cache as standard. The EzSAN™ product line is managed by an easy to use, web browser-based administrative tool.

Celeros Corp. is the leading provider of full featured, high performance, low cost iSCSI based IP storage area network (SAN) appliances that empower the small and medium sized enterprises with the benefits of consolidation and centralization of storage assets while leveraging their IP infrastructure and inter-networking expertise. Celeros solutions are designed for ease of management and administration and set up in minutes. The company is headquartered in Redwood City, California. For more information, please visit www.celeros.com.

About Wasabi Systems

Wasabi Systems provides software products and services that enable network appliances and embedded devices, including Wasabi Storage Builder, a turnkey solution to create iSCSI target arrays; Wasabi Certified NetBSD, a network OS for embedded OEMs based on GPL-free BSD Unix; and Wasabi Workbench, an Eclipse-based IDE designed for use with Wasabi Certified NetBSD. Additionally, the company offers GNU tool chain development services for both Linux and NetBSD. Founded in May 2000, Wasabi's investors include Himalaya Capital, Hudson Ventures, Intel Capital, and Newlight Associates. To learn more about Wasabi Systems, visit www.wasabisystems.com, call 757.248.9601, or contact the Company's headquarters at 500 E. Main Street, Suite 1520, Norfolk, Virginia 23510.