Accellion Adds Seasoned Industry Veteran to Board of Directors.

Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 8, 2002

Accellion, Inc., the leading provider of intelligent, globally distributed, storage and delivery solutions, announced today that Ed Yang has accepted a position with the company as an executive director for the Asia Pacific region and has joined its board of directors.

Mr. Yang recently joined Baring Private Equity Partners Asia (BPEP Asia) as an operating partner where he will be advising BPEP Asia's investee companies. Mr. Yang is a veteran of the IT Services industry, having served as the Corporate Senior Vice President and President of the Asia Pacific region for EDS (NYSE:EDS) for over 8 years. Prior to EDS, he served as Senior vice president, corporate officer and president of the South American and Asia Pacific operations for Wang Laboratories. Mr. Yang currently serves on the board of five corporations and three universities in U.S., South Korea and Australia.

"With over 28 years of executive management experience, Ed Yang brings a great depth of understanding in bridging the gap for corporations between North America and Asia Pacific region. This additional leadership will help Accellion to aggressively accelerate and achieve its goals in Asia," commented Jean Salata, managing partner for BPEP Asia.

"It is very exciting for the company to have on its board of directors, as well as executive management team, experienced and seasoned International professionals. With Ed's addition, we will be gaining a valuable sounding board for our expansion into Asia," added Warren J. Kaplan, president and CEO for Accellion. "My passion as an Internet executive, has been to make the Internet a better place on a global basis for enterprises to succeed in achieving their business model in a cost effective manner, while delivering acceleration of their revenues and performance. I feel we are poised to become the market leader and can deliver the solutions enterprises require to grow their businesses today while enabling them to achieve their necessary ROI and still maintain operational efficiencies."

"I am excited to join Accellion as they truly represent a paradigm shift in allowing Enterprises to achieve their business goals. I am looking forward to working with the Accellion team to identify and develop revenue opportunities and strategic relationships throughout the Asia-Pacific region," said Ed Yang, operating partner for BPEP Asia.

About Baring Private Equity Partners Asia

Baring Private Equity Partners Asia ("Baring Asia") advises the Baring Asia Private Equity Funds I and II which collectively have over $500 million in committed capital for investment in Asia. Baring Asia targets investments in companies developing products or services which address the large market opportunities being created by the growth of data communications and information technology in Asia. Baring Asia invests equally in early stage, expansion and buyout opportunities to achieve an optimal portfolio mix. The Funds are managed by a team led by six partners with a mix of technical, operating and financial backgrounds. Baring Asia has offices in Hong Kong, Singapore and Silicon Valley and has affiliates in India, Taiwan, and Bangkok. For more information about Baring Private Equity Partners Asia go to www.bpepasia.com.

About Accellion, Inc.

Accellion is a leading provider of intelligent, globally distributed, storage and delivery solutions and services to the Global 2000 to improve the performance of their applications, by securely controlling the storage, distribution, delivery and management of applications and files on the edges of the Internet. The Company's proprietary Smart Edge Operating System (SeOS) provides secure services for controlled file storage, access and management; application processing; and content distribution. Customer's files are managed and distributed through a worldwide EPoP network that brings the content closer to the end-user; increases reliability; and provides limitless scalability. With Accellion solutions, customers will see increased revenues, reduced costs, improved performance and accelerated time to market. For more information regarding Accellion and its service offering, please visit www.accellion.com.

Note to Editors: Accellion, Accellion Global Storage Express, Smart Edge Operating System, SeOS, and EPoP are proprietary marks of the Accellion Group of Companies. All other company names may be trademarks of the respective companies with which they are associated.