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Press Releases

September 28, 2006

Ned Hayes joins Pillar Data Systems
as new CFO

~ seasoned executive brings 25 years’ experience and completes Pillar’s executive team ~

Pillar Data Systems, a leading provider of enterprise network storage systems, has announced that Edward ‘Ned’ Hayes has joined as chief financial officer. Hayes will report directly to Mike Workman, Pillar’s CEO.

Hayes has more than 25 years’ experience in senior financial management, most recently as executive VP of finance and CFO at Quantum Corporation. Before Quantum, his roles included financial VP and CFO in two of Lucent Technologies' divisions, including the $20 billion global service provider business, selling wireless, switching and access, optical networking, communications software, data networking and installation services worldwide. He holds board of director positions at Alaska Communications Group and New Wave Research.

“Pillar is thrilled to welcome Ned as our new CFO,” said Workman. “Ned’s versatile experience in senior management, finance and technology will be exceptionally valuable as Pillar establishes itself as a world class data storage systems company. Ned will be a fine complement to our executive management team as we continue to focus on the growth and development of our company and its award-winning Pillar Axiom storage solution.”

As CFO at Pillar, Hayes will be responsible for all aspects of finance, corporate governance, investor relations and compliance-related programs under Sarbanes-Oxley.

“Pillar has clearly had an unprecedented growth path since introducing its product last year,” said Hayes. “I look forward to assisting the company with its continued growth and success.”

For more information about the Pillar Axiom visit www.pillardata.com

NOTES TO EDITORS

About Pillar Data Systems
Founded in 2001, Pillar Data Systems develops enterprise network storage systems. The company’s Pillar Axiom solution, driven by its innovative policy-based management capabilities, integrates SAN and NAS into a centrally managed storage platform. Pillar Axiom systems consolidate multiple tiers of enterprise network storage into a single, easily managed system capable of scaling to hundreds of terabytes of capacity.
 
Pillar Data Systems is privately funded by Tako Ventures, LLC, the venture arm of Larry Ellison. The company is headquartered in San Jose, California with a development office in Longmont, Colorado. The EMEA headquarters is in Drogheda near Dublin, with initial operations across Ireland, UK, Germany and France.

For further information, please contact:
Lindsey Marsh or James Mossman at LEWIS
Tel: +44 (0) 20 7802 2626                                      
Fax: +44 (0) 20 7802 2627
Email: lindseym/jamesm@lewispr.com                   
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