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Xiotech Names Alan Atkinson President and CEO

Former CEO Casey Powell to Remain on Xiotech Board of Directors

EDEN PRAIRIE, Minn., Oct. 1 /PRNewswire/ -- Xiotech Corporation, an innovator in data storage solutions, today announced that Alan Atkinson has been named president and chief executive officer. He assumes the role today and succeeds Casey Powell, who served four years as the company's CEO. Powell will stay with Xiotech as a member of its board of directors and as a strategic advisor to Atkinson.

Atkinson comes to Xiotech from EMC, where he was vice president of the Storage Software Group. Before that, he was co-founder and CEO of WysDM Software, Inc., a company he sold to EMC in 2008. His 21-year career includes storage executive positions at several other firms including: StorageNetworks, where he served as senior vice president of engineering and product marketing and helped the firm through a successful initial public offering; Goldman Sachs, Inc., where he was responsible for the firm's global storage infrastructure; and AT&T Bell Laboratories, where he worked in a variety of functions for the company's mainframe and UNIX environments. Atkinson holds a Master of Science degree in computer science from the University of Pennsylvania.

"With his extensive knowledge of and experience with data storage, Alan Atkinson is the right leader to take Xiotech to the next level. We couldn't be happier to have him, and look forward to great things under his leadership," said Ed Glassmeyer, member of the Xiotech® board of directors and general partner of Oak Investment Partners, the firm that owns a majority stake in Xiotech. "Casey Powell did a wonderful job for Xiotech, from strengthening its bottom line and culture to acquiring and successfully launching its patented Intelligent Storage Element (ISE(TM)) technology. We thank him for his distinguished service as CEO, and for continuing to serve the company in his new role."

"Xiotech has so many things going for it: loyal customers, dedicated and talented staff, strong management, solid ownership and the truly game-changing ISE technology at the heart of its product platform," said Atkinson. "The pieces are in place for Xiotech to catapult forward in the storage industry in the next couple of years, and I look forward to helping the company realize its full potential."

"Alan is a great addition to an already great Xiotech team," said Steve Duplessie, ESG Founder and Senior Analyst. "He has fantastic real-life experience on each side of the landscape - as someone who bought and managed global storage environments, and as a vendor building products and companies for those environments. I think he can bring some fresh perspective to the Xiotech lineup."

About Xiotech

Xiotech Corporation delivers the highest storage value available today based on its Intelligent Storage Element (ISE(TM)) technology. With ISE, Xiotech® products deliver 100 percent usable storage capacity with no drop in performance as drives are fully utilized, provide more performance with less hardware because of their efficiency and enable organizations to scale their storage infrastructures up and out with unmatched flexibility. Additionally, Xiotech significantly reduces storage operation and management costs with the patented self-healing technology of ISE, the industry's only five-year hardware warranty and the ICON Manager user interface, which integrates and automates storage operations across the array, server and virtual machine layers. With these technologies, Xiotech stands alone in its ability to lower an organization's total cost of ownership for storage.

Xiotech is based in Eden Prairie, Minn., and maintains major facilities in Colorado Springs, Colo., and Hyderabad, India. For more information, visit www.xiotech.com, email [email protected] or call toll free 1.866.472.6764.

SOURCE Xiotech Corporation

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