NEXSAN EXHIBITS AT SIFMA TECHNOLOGY MANAGEMENT CONFERENCE & EXHIBIT

Award-winning data storage and archiving solutions help financial organizations meet compliance, retention needs

THOUSAND OAKS, Calif., JUNE 17, 2007 -- Nexsan Technologies, the leader in secure and energy-efficient storage solutions, today announced that it will be an exhibitor at the 2007 Securities Industry and Financial Markets Association (SIFMA) Technology Management Conference & Exhibit in booth No. 2119 at the Hilton New York June 19-21.

Among Nexsan’s secure storage solutions being displayed at the event are its Assureon®, a complete scalable hardware/software system that provides users powerful and cost-effective choices for the protection, retention and long term care of their information assets; the Assureon SA, a compact, disk-based archive appliance that can securely store and search up to 20 million documents cost effectively; and the company’s energy-saving, extreme-density SATABeast™ disk vault featuring the newest Hitachi 1TB drives that bring the system’s total capacity to 42TB in just 4U of rack space.

"SIFMA’s Technology Management Conference & Exhibit is an ideal venue for showcasing our line of high-performance, highly reliable and cost-effective secure storage solutions," said Brendan Kinkade, Vice President of Marketing at Nexsan. "Assureon was built to satisfy the storing of compliance-related fixed content in order to comply with regulations such as Sarbanes-Oxley, SEC and other rules-based legislation facing the financial industry. And for the first time our high-density SATABeast, loaded with the latest 1TB drives, will be on display publicly."

Nexsan's Assureon system is the first secure, intelligent archive system – a complete solution that combines advanced encryption with content addressed storage (CAS), ILM technology and other patent-pending security features into a single, fully integrated disk-based storage system. Assureon improves customer service and operational efficiency and provides high speed and high capacity data search and retrieval for eDiscovery.

Assureon SA Archive Appliance is a complete disk-based archiving solution for smaller enterprises, branch offices and departmental groups that need simple and secure archiving facilities with rapid file retrieval of documents based on searching for key words or phrases.

SATABeast delivers unsurpassed performance, reliability and cost savings for primary and near-line storage, disk-to-disk backup, secondary storage and fixed content archive applications. The SATABeast extends individual drive life and provides significant savings year over year, while its AutoMAID™ (Massive Array of Idle Disks) function allows it to place its disk drives into an idle state to conserve energy, yet provide near-instantaneous access to data.

SIFMA's 27th annual Technology Management Conference & Exhibit is the industry's leading event with more than 300 vendors and 7,000 attendees. The conference will address the rapidly changing world of technology and how the financial industry is using technology to drive productivity, comply with regulatory requirements, and adapt to converging markets, products and investors. Additional information about the conference is available online at http://www.sifma.org/tmc2007/

About Nexsan Technologies
Nexsan Technologies is the worldwide leader in secure and energy-efficient storage solutions. Nexsan delivers secure storage appliances and modular, high capacity disk storage systems for a broad range of applications including fixed content storage and archiving, compliance and litigation support, primary storage, disk-based backup, digital video security, medical imaging, email and rich media. With a complete line of storage solutions that offer exceptional price/performance, Nexsan is the choice of Fortune Global 500 companies, major governmental agencies, and leading organizations worldwide.  For more information, please see the company's website at www.nexsan.com.

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