NSO Nstor Technologies

nStor Strengthens Executive Management Team With the Addition of Strong Sales Veteran Vice President of Sales Bolsters Aggressive Corporate Growth Strategies CARLSBAD, Calif., Oct. 19 /PRNewswire-FirstCall/ -- nStor Corporation, a subsidiary of nStor Technologies, Inc. (AMEX:NSO) and an innovative developer of storage-network solutions, has strengthened its management team with the addition of a storage industry veteran. Matt Szydlowski brings more than 20 years of relevant industry experience to his position as nStor's vice president of sales. In this role, he will be instrumental in expanding the company's OEM channel strategy while supporting continued channel growth involving leading storage solutions providers. Prior to joining nStor, Szydlowski served as a key member of Cisco's global sales operations team, spearheading business development and channel marketing for the company's MDS Fibre Channel switch product. During his 20-year technology career, Szydlowski has held a series of high-level positions with industry leaders, including EMC, Hitachi and IBM. According to Todd Gresham, nStor president and CEO, the latest addition to the management team will reinforce the company's ability to meet the burgeoning storage requirements of small and mid-sized businesses. "Matt has a strong track record of success in creating and implementing highly effective sales operations," he said. "We are extremely pleased to have him join our organization and reinforce our delivery of high-availability, next-generation Fibre Channel and SATA storage solutions tailored for the small-to-mid-range markets." In related news, Steve Aleshire has resigned his position as chief operating officer while becoming a member of the company's board of advisors. During his tenure, Aleshire made substantial contributions to the company, including the implementation of several cost reduction programs and vital customer service initiatives. Under Steve's guidance, nStor has implemented numerous processes to ensure continued cost reduction efforts, improved focus on service quality, and manufacturing excellence. "We are thrilled that Steve will continue to provide leadership and strategic insight as a pivotal member of our advisory board," added Gresham. "We are confident that our expanded management team and new advisory board will elevate nStor to the next level of business success." About nStor Corporation, Inc. Headquartered in Carlsbad, Calif., nStor is a wholly owned subsidiary of nStor Technologies, Inc. (AMEX:NSO) and developer of data storage solutions that are ideally suited for both large enterprises as well as small to mid-sized businesses. The Company's flagship controller technology and StorView software form the foundation for the NexStor family of turnkey solutions that support Microsoft Windows, Linux, UNIX and Macintosh operating environments. Designed for storage-intensive environments and mission-critical applications, nStor's products are offered in various architectures including Fibre Channel, SCSI and SATA and are focused on addressing customers' business needs and applications. The Company markets its storage solutions through a global network of OEM partners and systems integrators. For more information, visit http://www.nstor.com/. This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimated," "project," "expect," "anticipate," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the Company's inability to increase sales to current customers and to expand its customer base, continued acceptance of the Company's products in the marketplace, the Company's inability to improve the gross margin on its products, competitive factors, dependence upon third-party vendors, outcome of litigation, insufficient funding and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. nStor and StorView are registered trademarks of nStor Technologies, Inc. DATASOURCE: nStor Technologies, Inc. CONTACT: Veena Raman of nStor Corporation, Inc., +1-760-683-2500, ; or Sue Hetzel of HetzelMeade Communications, +1-760-434-9927, , for nStor Technologies Web site: http://www.nstor.com/

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