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Panasas and MW Solutions Form Sales Partnership

Share Presence at SEG 2003 in Dallas

FREMONT, Calif. — October 27, 2003 — Panasas, Inc. and MW Solutions today announced an agreement to jointly deliver the Panasas ActiveScale Storage Cluster to Linux cluster environments. Through this agreement, MW Solutions, a leading storage solutions provider for energy and biotechnology companies, will promote the Panasas Storage Cluster to its customers in the Southwest region. The partnership has already generated customer adoption at NuTec Energy, currently running production seismic applications with the Panasas system.

"Our customers are increasingly relying on Linux clusters to handle large computational tasks," said Ross Tucker, executive vice president and chief operating officer, MW Solutions. "Panasas is leading the industry in providing the matching storage methodology."

The Panasas ActiveScale Storage Cluster is the first system tailored for Linux cluster computing applications. Based on a breakthrough object-based storage clustering design, the Panasas Storage Cluster can deliver up to 30 times more throughput than leading systems by reading and writing multiple gigabytes of data per second to a single Panasas system. In addition, the system sets an industry record random I/O performance result of 305,805 SFS operations per second1.

"With our laser focus on Linux cluster environments, MW Solutions is an ideal partner for Panasas," said Rod Schrock, chief executive officer of Panasas. "We are committed to working together to help energy companies unlock the full potential of their Linux cluster."

Panasas will be demonstrating the ActiveScale Storage Cluster in the MW Solutions booth at the Society of Exploration Geophysicist Show in Dallas, October 26-31st.

About Panasas

Formed in 2000, Panasas, Inc. (www.panasas.com) is the pioneering leader in object-based storage clustering for scalable Linux clusters. Panasas offers a networked storage solution that eliminates the inherent scalability bottlenecks in capacity and performance experienced by traditional networked storage systems. The system, based on industry standards, is designed to easily and cost-effectively integrate into existing IT environments. The company's headquarters are in Fremont, CA with development facilities in Pittsburgh, PA and Houston, TX.

About MW Solutions

MW Solutions offers full service data storage solutions, including backup and recovery, disaster recovery, business continuity, data warehousing, and storage system design. The company also offers an extensive product line, such as data storage media, printer and plotter ink cartridges, and computer and engineering paper to suit a variety of needs. MW is located in Houston, Texas and has served the Southwestern United States for over 15 years. For additional company information, please visit www.mwsolutions.net. (1) Performance achieved in accordance with the Standard Performance Evaluation Corporation System File Server (SPEC SFS_R1 V3.0) test for NAS server performance. See Performance Backgrounder at www.panasas.com/Performance_Backgrounder.pdf for detailed information.

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