Panasas Wins HPCwire 2006 “Editor’s Choice” Award for Best Price/Performance HPC Storage Technology/Product

HPC Industry Experts Give Panasas Top Honors

TAMPA - (November 14, 2006) – HPCwire has awarded the 2006 “Editor’s Choice” Award to Panasas for the best price/performance high-performance computing (HPC) storage technology/product, marking the third year in a row HPCwire has recognized Panasas for its leadership in storage solutions to the HPC community. In 2005, Panasas ActiveScale Storage Cluster™ won the “Editor’s Choice” award as the best price/performance storage solution and the “Reader’s Choice” award for most innovative storage technology in 2004. HPCwire’s 2006 Readers’ and Editors’ Choice awards were presented during SC06, this year’s international conference on high-performance computing, networking and storage in Tampa, Florida. The Editors Choice Awards were determined by an advisory group and alumni panel of recognized experts, contributors and editors in the HPC industry. “Each year, HPCwire polls our global database of readers, contributing editors and industry experts to determine the winners of these prestigious awards” said Tom Tabor, president of Tabor Communications, Inc., publisher of HPCwire. “We’re pleased to honor Panasas as an exceptional leader among world-class organizations which significantly contribute to the growth of the HPC market.” Panasas, the leader in clustered storage solutions for the HPC market, helps customers achieve maximum application performance while reducing overall total cost of ownership (TCO) by driving the cost and complexity out of deploying a next-generation storage infrastructure on Linux clusters. As the HPC industry transitions to next-generation petascale computing, Panasas’ solutions provide the performance, scalability, reliability and manageability required by the broad set of organizations that require a unified storage infrastructure for all of their HPC applications.

The Panasas ActiveScale Storage Cluster is an integrated hardware and software solution that combines the ActiveScale PanFS parallel file system with an object-based storage architecture to enable quick and seamless integration into a customer’s existing infrastructure. The fully-parallel Panasas DirectFLOW data path provides direct access between the Linux cluster nodes and Panasas storage to eliminate the performance bottleneck caused by legacy storage systems. “This award from HPCwire is a strong validation towards our goal of providing the highest performance and easiest to manage integrated storage solutions for HPC customers,” said Victor Perez, president and chief executive officer at Panasas. “We have again proven our ability to set industry standards for high-performance clustered storage with our leading-edge technology and extensive global customer base in commercial, government and academic markets.”

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About Panasas Panasas, Inc. helps companies and organizations accelerate their time to results, leading to real world breakthroughs that improve people’s lives. Panasas enables customers to maximize the benefits of Linux clusters by breaking down the storage bottleneck created by legacy network storage technologies. Through the delivery of the company’s ActiveStor Storage Cluster platform, which combines industry-standard hardware with the company’s ActiveScale PanFS parallel file system and professional services, the company has become the established leader in object-based, clustered storage. Panasas is headquartered in Fremont, CA., with development facilities in Pittsburgh, Pa. For more information, please visit www.panasas.com.