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Datalink Names New Vice President of Finance and CFO; Storage Industry Veteran Greg Barnum to Transition from Board of Directors Position to CFO.


MINNEAPOLIS -- Datalink Corporation Datalink Corporation (NASDAQ: DTLK) is an American data storage corporation with operations throughout the United States. The company engages in the design, installation, and support of data storage infrastructures that store, protect, and provide continuous access to  (Nasdaq:DTLK), a leading independent information storage architect, announced today that Gregory T. Barnum has been named vice president of finance and CFO See Chief Financial Officer.  of the company, effective immediately. Barnum replaces Dan Kinsella, who left two months ago to join a technology startup.

Barnum joined Datalink as a member of the board of directors in January 2006. For the past 25 years, he served as a financial officer of publicly traded companies publicly traded company

A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market.
. "We are thrilled that Greg has accepted our offer to serve as Datalink's vice president of finance and CFO," said Charlie Westling, Datalink president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Greg's credentials are outstanding. His past industry experience and broad financial background will greatly benefit Datalink as we continue to build on our recent track record of strong operational performance going into fiscal 2006. Greg will be a great resource for Datalink's finance and management teams, our shareholders and employee base."

Barnum was CFO and corporate secretary of Computer Network Technology (CNT (Carbon NanoTube) See nanotube. ), a storage hardware manufacturer and solutions provider, from 1997 until the company's 2005 acquisition by McData. Barnum's prior industry experience also includes serving as CFO of Tricord Systems, an enterprise server manufacturer, and as executive vice president and CFO of Cray Computer The Colorado Springs-based supercomputer company founded in 1989 by Seymour Cray after he left Cray Research. Cray developed the Cray-3, an incredibly fast gallium arsenide-based computer that ran at a 1 GHz clock rate.  Corp., a supercomputer company.

"I have been impressed with Datalink's financial progress and marketplace position, as I've begun to deepen my understanding of the company as a board member," said Barnum. "I am eager to start my new role as vice president of finance and CFO, and look forward to helping the company achieve its growth objectives."

Barnum holds a bachelor's degree in accounting from the College of St. Thomas. He is a member of the American Institute of Certified Public Accountants With over 330,525 CPA members (in August 2006), the American Institute of Certified Public Accountants (AICPA) is the largest professional organization of Certified Public Accountants (CPAs) in the United States of America.  as well as the Minnesota Society of Certified Public Accountants Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
. Barnum is also a member of Financial Executives International.

Barnum will resign from the Datalink board of directors. The company will initiate a search to fill his board position.

Datalink Corporation is an information storage architect. The company analyzes, designs, implements, and supports information storage infrastructures that store, protect, and provide continuous access to information. Datalink's specialized capabilities and solutions span storage area networks, network-attached storage See NAS. , direct-attached storage, and IP-based storage, using industry-leading hardware, software, and technical services.

The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 provides a "safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" for certain forward-looking statements. This press release contains forward-looking statements regarding our hiring of a new executive officer and our growth objectives. These forward-looking statements are subject to certain risks and uncertainties, including those identified below, which could cause actual results to differ materially from historical results or those anticipated. The words "aim," "believe," "expect," "anticipate," "intend," "estimate" and other expressions which indicate future events and trends identify forward-looking statements. Actual future results and trends may differ materially from historical results or those anticipated depending upon a variety of factors, including, but not limited to: the level of continuing demand for storage, including the effects of economic conditions; competition and pricing pressures and timing of our installations that may adversely affect our revenues and profits; fixed employment costs that may impact profitability if we suffer revenue shortfalls; revenue recognition policies that may unpredictably defer reporting of our revenues; our ability to hire and retain key technical and sales personnel; our dependence on key suppliers; our ability to adapt to rapid technological change; risks associated with possible future acquisitions; fluctuations in our quarterly operating results; future changes in applicable accounting rules; and volatility in our stock price. Our revenues for any particular year are not necessarily reflected by our backlog of contracted orders, which also may fluctuate unpredictably. We also cannot assure that our hiring of a new executive officer will beneficially impact our operating results or stock price.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 8, 2006
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