3ware Named by Technologic Partners' Conference Attendees as Most Likely to Succeed; Pioneer of Gigabit Ethernet Storage Solutions Receives Investors' Choice Award.

Business Editors/High-Tech Writers

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--March 15, 2001

3ware(TM), Inc., today announced that the company was selected by the attendees of the annual Technologic Partners' Network Outlook conference as one of the 10 private networking companies judged most likely to succeed as a public company.

3ware, one of 89 private firms invited to present their business plan at Network Outlook, received the Investors' Choice award in acknowledgement of the company's exceptional promise in the network storage industry.

Investors' Choice honorees were chosen by an audience of more than 600 investment and network industry professionals. Selections and recommendations were completed by a panel of distinguished network investors, including Richard H. Kimball, general partner at Technology Crossover Ventures; Frank McEvoy, senior research analyst broadband access systems at U.S. Bancorp Piper Jaffray; Naser Partovi, managing director at Enterprise Partners Venture Capital; and Fred Wang, partner at Trinity Ventures.

This recognition builds on the momentum 3ware has established as the first company to develop and deliver Gigabit Ethernet storage solutions that offer a cost-effective, standards-based alternative to fibre-channel storage technologies. With 3ware's next-generation storage products, companies can, for the first time, leverage existing investments in tools and infrastructure to easily and quickly deliver and grow their enterprise-class storage solutions on demand.

"We are honored to be one of the 10 companies selected by the conference attendees and investors to receive the Investors' Choice award," said Beau Vrolyk, president and CEO of 3ware, Inc. "Based on our proven customer success and investor confidence, the 3ware NSU, the first Gigabit Ethernet storage solution, will be a large segment of the industry in 2001 and 3ware is well positioned to lead the way."

Technologic Partners' conferences attract top industry leaders and visionaries. The conferences are the only such forums with a large attendance of private company investors. Network Outlook is the leading executive forum for senior business, technology, and investment executives involved in the networking industry. Held March 12-13, 2001, at the San Francisco Airport Marriott, attendance at this key event on the network calendar is highly selective, with all applicants being assessed by a program committee. Attendance is by invitation only. The sold out forum provides a mix of industry information, investment analysis, and opportunity to network and meet in an exclusive and engaging environment. For more information, please go to www.networkoutlook.net.

About the Outlook Conferences and Technologic Partners

Network Outlook is one in a series of annual specialist conferences focusing on the investment and emerging technology markets. Technologic Partners' Outlook conferences, now in their 15th year, provide a unique forum for industry executives, investment professionals, and chief executives of private companies in key technology areas. Other Outlook meetings include Digital Media Outlook, Enterprise Outlook, Financial Services Outlook, Internet Outlook, Optix Outlook and Technology Outlook. Participation at all Technologic Partners events is by invitation only, providing investors with a carefully screened and diligently researched pool of companies. Technologic Partners is a business-to-business publisher with a focus on high technology and private capital. Online, in print, and in person, Technologic Partners provides news, analysis, research, and other information about rapidly growing companies and opportunities to executives and institutional investors -- through newsletters, online information services, conferences, directories, and special reports. More information about Technologic Partners can be found on the company's Web site at www.technologicpartners.com.

About 3ware

3ware is a company that creates innovative storage solutions specifically designed to meet the needs of enterprise applications. 3ware leverages proprietary algorithms and packet-switching technology, delivered in the company's DiskSwitch-based product, to create scalable, reliable, high-speed storage solutions. 3ware solutions address the fundamental issues of data storage, access, back up, security, and management -- without requiring that customers adopt new standards or deal with unfamiliar technologies. Located in Mountain View, Calif., the company has a seasoned management team and a roster of established industry partners. For more information about 3ware, call 650/327-8600 or visit www.3ware.com.

Note to Editors: Specifications subject to change without notice. 3ware is a registered trademark; Escalade, 3ware NSU, DiskSwitch and TwinStor are trademarks of 3ware, Inc. All other trademarks herein are the property of their respective owners.