SEATTLE - (November 15, 2005) – Panasas, Inc. today announced the company received an HPCWire 2005 “Editor’s Choice” Award. A panel of contributing editors and high-performance computing (HPC) industry experts selected the Panasas ActiveScale Storage Cluster™ as the best price/ performance storage solution. This award marks the second year in a row HPCWire has recognized Panasas building on last year’s “Reader’s Choice” award for most innovative storage technology. Panasas was honored during a presentation ceremony at SC|05, this year’s international conference on high-performance computing, networking and storage in Seattle, Washington. o

“The HPCWire Readers’ and Editors’ Choice Awards represent the opinions and experiences of users pushing the cutting-edge of commercial and academic HPC applications,” said Tom Tabor, president of Tabor Communications, Inc., publisher of HPCWire.  “We’re pleased to honor Panasas for delivering a solution that delivers exceptional performance and value for clustered storage.”

Panasas helps customers achieve the maximum return on their investment while reducing overall total cost of ownership (TCO) for Linux clustering computing by driving the cost and complexity out of deploying a next-generation storage infrastructure. The Panasas Storage Cluster is an integrated hardware/software solution that combines a parallel file system with object-based storage architecture to enable quick and seamless integration into a customer’s existing infrastructure. The fully-parallel Panasas DirectFLOW data path provides direct access between the Linux cluster nodes and Panasas storage to eliminate the performance bottleneck caused by legacy storage systems.

“This honor from HPCWire editors is a strong endorsement of the success we’ve achieved this year in delivering demonstrable value to customers while meeting the IT imperatives of our growing roster of HPC customers,” said Victor Perez, president and chief executive officer at Panasas. “Panasas is setting the industry standard for high-performance clustered storage by helping customers more quickly achieve their objectives and successfully compete in global markets.”

About HPCWire

HPCWire is the worldwide publication of record for all aspects of the (H)igh (P)erformance (C)omputing industry. Devoted primarily to ongoing developments across the entire spectrum of computationally-intensive hardware, software and integrated systems technology, HPCwire also covers related business, corporate, economic and governmental news in a timely and easily-accessible Internet format. Authoritative commentary and analysis by HPC insiders and professionals are also included regularly to insure maximum value for readers, no matter how complex the issues.  HPCwire is a weekly electronic publication with over 57,000 readers.

About Panasas

Panasas, Inc., the global leader in parallel storage solutions, helps commercial, government and academic organizations accelerate their time to results leading to real world breakthroughs that improve people’s lives. Panasas’ high-performance storage systems enable customers to maximize the benefits of Linux clusters by eliminating the storage bottleneck created with legacy network storage technologies. Panasas ActiveStor Parallel Storage Clusters, in conjunction with the ActiveScale® Operating Environment and PanFS™ parallel file system, offer the most comprehensive portfolio of storage solutions for High Performance Computing (HPC) environments. Panasas is headquartered in Fremont, California. For more information, please visit www.panasas.com.

Panasas, ActiveScale, DirectFLOW and PanFS are trademarks or registered trademarks of Panasas, Inc. All other trademarks are the property of their respective owners.