WHAT: Panasas, Inc., the leader in parallel storage solutions, will be presenting at the Pacific Crest Emerging Technology Summit in San Francisco February 28-29, 2008.

WHY: The Pacific Crest Emerging Technology Summit will provide attendees with forward-looking views into several rapidly changing technology markets including the data center. It includes presentations from 40 leading data center companies, Pacific Crest Mosaic Data Center survey results, and IT decision-maker panel discussions. The Pacific Crest Data Center 3.0 Conference with the Panasas presentation will explore emerging technologies enabling IT transformation.

SPEAKER: Len Rosenthal, chief marketing officer of Panasas, Inc., will discuss the emergence of the parallel storage market and provide an overview of Panasas’ strategy for accelerating the success of its Panasas ActiveStor Parallel Storage products.

WHEN: Panasas will present during the Data Center 3.0 Conference, at 9:30 a.m. PST Friday, February 29 at the Emerging Technology Summit.

WHERE: The Fairmont Hotel, The California Room, 950 Mason St. San Francisco, CA 94108

About Panasas

Panasas, Inc., the leader in high-performance scale-out NAS storage solutions, enables enterprise customers to rapidly solve complex computing problems, speed innovation and bring new products to market faster. All Panasas solutions leverage the patented PanFS™ storage operating system to deliver exceptional performance, scalability and manageability. Panasas systems are optimized for demanding storage environments in the energy, government, finance, manufacturing, bioscience and higher education industries. For more information, visit www.panasas.com.