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Chaparral Network Storage Appoints Three New Financial Leaders to its Board of Directors.


Business Editors/High-Tech Writers

BOULDER, Colo.--(BUSINESS WIRE)--Feb. 10, 2003

Chaparral Network Storage, a developer of specialized appliances that deliver data across global storage networks, today announced that it has added three new members to its Board of Directors. All three new members of the Board are members of Athenian Venture Partners, a venture capital firm headquartered in Athens, Ohio
:This article is about the town in Ohio. For other uses, see Athens (disambiguation)


Athens is a historic college town in the southeastern part of the U.S. state of Ohio, best known as the home of Ohio University.
. Karl Elderkin, Francois Helou, and Mitchell Rosich are all partners of the firm.

Karl Elderkin is the founder of Athenian Venture Partners and brings many years of experience managing startup and growth companies, both domestically and internationally. Before founding Athenian, Mr. Elderkin was co-director of Generics Asset Management in London, U.K., the venture capital arm of the Generics Group, Plc. Mr. Elderkin started his career in engineering at Texas Instruments See TI.

(company) Texas Instruments - (TI) A US electronics company.

A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq.
.

Francois Helou became affiliated with Athenian in 1997 and has been a partner since 1999. Mr. Helou, who leads Athenian's IT Practice, is a recognized leader in the IT and Communications industries communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. , with over two decades of IT and strategic consulting experience.

Mitch Rosich started his affiliation with Athenian in 2000 and became a partner in 2002. Mr. Rosich brings experience in the data storage and electronics industries and has held senior level engineering management positions at leading technology companies including DEC, EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. , 3Com, and CIENA.

"We are pleased to add three strong leaders with such broad experience in the industry to the Chaparral Board," said Victor Perez Victor "Young" Perez (born October 18, 1911, in Tunis, Tunisia; died March, 1945, in Auschwitz, Poland) was a Tunisian boxer.

Perez was World Flyweight Champion in 1931 and 1932.
, Chaparral chairman, president and chief executive officer. "With their insight and early-stage investment experience, Chaparral will continue to succeed in 2003."

The appointments bring the total number of Directors on the Chaparral Board to seven.

About Chaparral (www.chaparralnet.com)

Chaparral Network Storage, Inc., a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 headquartered in Boulder, Colo., designs and markets storage appliances that provide simple solutions to common storage networking problems. Chaparral specializes in advanced performance devices that deliver data efficiently within the network, and sells protocol bridges, data routers, RAID controllers and disk array appliances that are network ready. Chaparral's storage networking appliances feature SCSI SCSI
 in full Small Computer System Interface

Once common standard for connecting peripheral devices (disks, modems, printers, etc.) to small and medium-sized computers. SCSI has given way to faster standards, such as Firewire and USB.
 and FC connectivity, easy device configuration and management tools, and tested interoperability with leading SAN products and storage resource management software. Chaparral's family of 2Gb/s Fibre Channel appliances allows any system administrator to build high performance storage networks on a manageable budget. Chaparral's solutions are available through select storage OEMs, resellers, and distributors worldwide.

About Athenian (www.athenianvp.com)

Athenian Venture Partners, headquartered in Athens, Ohio, and with partners in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Boston and London, is a venture capital firm focusing on early-stage investments throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  in the Information Technology/Telecommunications and Life Sciences industries. It is currently managing two funds. Other investments made by Athenian in the data storage field include StorageApps, which was sold to Hewlett-Packard in September 2001.
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Publication:Business Wire
Geographic Code:1USA
Date:Feb 10, 2003
Words:465
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