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FOR IMMEDIATE RELEASE

Integrix, Inc. Launches iQstor Networks, Inc.™

Responding to a Critical ‘Productivity Gap’, iQstor Simplifies Storage Management for Small and Mid-Size Enterprises

Newbury Park, CA – February 25, 2002 – Integrix, Inc., a technology integrator of storage and server solutions for the energy, telecommunications and Internet services markets, today announced the launch of iQstor Networks, Inc. The new company provides storage solutions for the small and mid-size market that automate many of the processes that overextend storage administrative resources.

Integrix will continue to focus on systems integration and will be a value-added reseller of iQstor storage solutions. The two companies are independent with common private ownership.

Jason Lo and Jonathan Kong, who co-founded Integrix in 1990 and grew it to $40M in annual revenue, are the architects of the iQstor product line and vision. “Our mission is to help small and mid-size enterprises manage the rising tide of data and close the gap between storage growth and storage administrator productivity, ” said Jason Lo, CEO and president of iQstor. By embedding expertise into storage subsystems and centralizing key management functions, iQstor optimizes storage resources, increases productivity and reduces operating costs.

iQstor will unveil its storage solutions in April at Storage Networking World in Palm Desert, California, Booth #G20.

The productivity gap and iQstor’s vision
As storage requirements double every year, storage administrators continue to lose ground managing it. In order to keep up with this growth, the deployment of additional human resources is inevitable. Alternatively, if left unchecked, companies face a serious business risk of carrying large amounts of unmanaged data. Many agree that simplification and automation of data storage systems is essential.

Analyst Charles King of the Sageza Group states in a recent report, “We believe that, given the current shaky state of the economy and general paucity of available IT staff and resources, storage customers are looking first for solutions that will save them time and money. Storage customers believe that simplified management tools can help deliver those savings first, by avoiding the squandering of employee effort. Key to that simplification are solutions that help customers better understand and use resources across their entire heterogeneous storage requirements.”

iQstor’s understanding of the factors impacting the growth and productivity gap – from acquisition and technology change to ongoing administration and management – spurred its approach to automating storage management. “With automated solutions, iQstor helps companies manage more with less and allows them to focus on revenue-generating activities,” said Jonathan Kong, CTO, iQstor.

“The timing couldn’t be better for automated storage solutions. Increasingly, our customers are expressing their frustrations with trying to balance storage requirements, technology changes and developing or acquiring internal expertise. Having worked with Integrix for over a decade, we’ve seen first hand the evolution of this vision and we’re optimistic iQstor will usher in a completely new approach to storage management,” said Jerry Ulrich, Vice President, Sales, Combined Networks, Inc.

More options -- with less complexity -- for the small and mid-size market
The founders of iQstor recognized that the small and mid-size market is underserved by existing solutions. Options for these users include investing in enterprise-level systems, which offer more capability than is economically feasible for a smaller company; or multi-vendor hardware and software solutions, which require distinct, and highly specialized levels of expertise to integrate and manage.

As an alternative, iQstor offers IT departments a single source for enterprise-level functionality. Efficient storage growth, scalability, data protection, storage automation and “plug and play” simplicity are iQstor trademarks. For ease of integration and administration, iQstor incorporates hardware “building blocks” with software “solution sets.” This provides, in one unified offering, the capabilities of multiple vendors’ point solutions, such as virtualization, snapshot, replication, remote support, high availability and performance.

Offerings will include highly integrated Fibre Channel storage appliances, a high availability SAN and policy based storage management software. All of the technology is owned and developed by iQstor and is standards-based, enabling customers to benefit from greater ease of integration and improved cost efficiencies.

iQstor’s offerings are ideally suited for small and mid-size storage area networks, Internet data centers, and companies offering hosted network storage services. iQstor will initially market its solutions through relationships with value-added resellers and OEM partners.

About iQstor Networks, Inc.
A privately held company, Newbury Park, CA-based iQstor launched in January 2002. The company’s core management team possesses more than 50+ collective years storage industry expertise in engineering, product development, global management and marketing. The iQstor vision is to embed expertise into the storage subsystem that significantly reduces the workload of storage administrators in small and mid-size environments. These automated tools can manage ever-increasing amounts of data as well as the different storage policies that each company maintains. The ultimate goal is storage that is intuitive to use and scales without disruption. For more information on iQstor, visit the company’s web site at www.iqstor.com.