Accellion Appoints Robert A. Burgelman to Board of Directors.

Business Editors

SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 28, 2002

Accellion, Inc., the leading provider of distributed storage management software and services, announced today that the respected academic scholar and industry author, Professor Robert A. Burgelman, PhD, has accepted a position on the Company's Board of Directors, effective immediately. Professor Burgelman is the Edmund W. Littlefield Professor of Management and Director of the Stanford Executive Program at Stanford University Graduate School of Business. He is widely published in the areas of Strategic Management and Strategic Management of Technology and Innovation. As well as serving on the board of directors for several other high tech companies, including Convera (NasdaqNM:CNVR), Uniscape.com and SaveDaily.com.

"As the company has grown dramatically over the last 2 years, it requires a very experienced board of directors which can serve to guide its continued growth and strategic development, especially in today's challenging Internet environment," said Jean Salata, managing partner for Baring Private Equity Partners, Asia and chairman of the board of directors for Accellion. "The appointment of Professor Burgelman clearly supports our vision for Accellion to be a leader both today and into the future."

Warren J. Kaplan, president and CEO for Accellion, commented, "Professor Burgelman's depth of knowledge in the areas of Management, Technological Innovation and Strategic Planning, and experience as a member of the board of directors of publicly traded Nasdaq companies, positions him to be a vital part of our team. As we continue to develop our Company's global strategy and mission, Dr. Burgelman's strategic analysis and wisdom will be an invaluable asset."

"I look forward to working with such a strong management team. My past experience with Warren Kaplan and his team at AboveNet was both enjoyable and challenging as we worked together to take the company public," added Robert Burgelman, professor at Stanford University. "Accellion is in a very exciting space with a very strong offering, they are positioned to quickly become the market leader and de facto standard in distributed storage solutions."

Professor Burgelman has taught at Stanford since 1981. During 1991-92 he was a Marvin Bower Fellow at Harvard Business School. He holds a Licentiate degree in applied economics from Antwerp University in Belgium, as well as a Master of Arts in sociology and a Ph.D. in management of organizations, both from Columbia University. His areas of expertise include the role of strategy in company evolution, corporate entrepreneurship, and the strategic management of technology and innovation.

Professor Burgelman is the author of Strategy is Destiny: How Strategy-Making Shapes a Company's Future (Free Press 2002), which examines the role of strategy in Intel Corporation's evolution. He is co-author of Strategic Management of Technology and Innovation (3rd edition, McGraw-Hill-Irwin, 2001), the leading textbook in the field. He is also co-author of Inside Corporate Innovation (Free Press, 1986), which describes the complete management process involved in internal corporate venturing. In addition, he is a widely respected management consultant to major companies in the U.S. and abroad, and has taught executive programs and led senior and top management seminars for major companies worldwide.

About Accellion, Inc.

Accellion is a leading provider of distributed storage management software and services to the Global 2000. These solutions improve the performance of their applications, by securely controlling the storage, distribution and management of applications and files on the edges of the Internet. The Company's proprietary SmartEdge Operating System (SeOS) provides secure services for controlled file storage, access and management; and application processing. 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, SmartEdge Operating System, and SeOS, 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.