NEXSAN, WATERFORD TECHNOLOGIES PARTNER FOR COMPLETE EMAIL ARCHIVING SOLUTION

Waterford Technologies becomes newest member of Nexsan's Strategic Solutions (S²) Program

WOODLAND HILLS, Calif., November 14, 2006 - Nexsan Technologies, the leader in innovative and secure storage solutions, and Waterford Technologies, the leading provider of intelligent email archiving solutions, today announced a complete, integrated solution for email and file archiving featuring Nexsan's AssureonT Secure Storage Appliance and Waterford Technologies' MailMeter Archive. With the announcement, Waterford Technologies becomes the latest member of Nexsan's Strategic Solutions (S²) Program.

The combination of Nexsan's award-winning Assureon appliance and Waterford Technologies' comprehensive, yet easy-to-use, affordable and robust email archiving solution allows customers to capture and pre-index email in real-time to provide a complete, unalterable and secure email archive designed to meet the customer's backup, disaster recovery, security and compliance needs at the lowest possible cost per terabyte. The joint solution is available for purchase through Waterford Technologies.

"When choosing technology partners, we look for companies that share similar attributes to Nexsan," said Brendan Kinkade, Vice President of Marketing at Nexsan. "Waterford offers complete email archiving and management that is simple to employ and manage, provides a robust set of features and delivers it all at an affordable price. We are pleased to partner with them on this complete email archiving solution and welcome them into the S 2 family."

"As companies' use of email continues to grow, they face an overwhelming task of managing these files amid the archiving, security and policy issues that are associated with them," said Tom Politowski, President of Waterford Technologies. "By partnering with Nexsan and incorporating their Assureon with our MailMeter Archive, we are better able to provide a total solution to customers that allows them to get an upper hand on satisfying these requirements while enabling them to improve performance and assure compliance."

For software and hardware manufacturers that complete the S 2 process, benefits include special pricing on the Nexsan products to be integrated into their solution, referrals to channel partners, co-marketing opportunities, a product listing on the Nexsan website, and cooperatively produced white papers and collaterals. Total solutions will carry a "Nexsan certified" designation and be included in the Nexsan's award-winning family of products.

About Nexsan Technologies
Nexsan Technologies, headquartered in Woodland Hills, Calif., has changed the way IT managers are storing and protecting corporate data. From the outset, Nexsan has moved to the forefront because it recognized the need for corporate managers to 'do more with less.' Nexsan was the first to deliver award-winning storage solutions that provide correct-cost pricing, without sacrificing features and performance - attributes that make good business sense for virtually every size company. Every Nexsan product is a total solution, with unprecedented ease of use, features, performance and reliability, all priced to fit the requirements of IT managers worldwide. For more information, please see the company's website at www.nexsan.com.

About Waterford Technologies
Waterford Technologies is the leading provider of Intelligent Email Archive and Management solutions that allow organizations to visualize email usage, analyze data patterns, and to take appropriate action to improve and enforce policies for immediate results. Waterford Technologies provides a full range of email management and reporting products for archiving, compliance, legal discovery and storage management. For more information, visit www.mailmeter.com or call Waterford Technologies at 949.428.9300.

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Nexsan and Assureon are trademarks of Nexsan Technologies. All other brand and product names are, or may be trademarks of their respective owners.