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Lefthand networks named to list of Top 200 private companies; expands board

LeftHand Networks(R), the leading provider of highly available iSCSI SANs that optimize virtualized environments, today announced it has been named as a Top 200 Private Technology Company for 2008, according to a report by Nollenberger Capital Partners, an investment banking and advisory services firm.

LeftHand Networks was recognized as a Top 200 leading private company based on selection criteria that included innovative and defensible intellectual property, a significant addressable market opportunity, demonstrable revenue traction and a strong leadership team.

LeftHand Networks also announced the appointment of Harry Blount to its Board of Directors. Blount currently serves on the National Academy of Science Committee on Forecasting Future Disruptive Technology. He spent 21 years on Wall Street where he was a leading analyst in multiple consumer and enterprise technology disciplines including storage, servers, IT distribution, internet, PCs, hard drives and telecommunications.

"His deep knowledge of the technology market and strong financial acumen make Harry a great asset to our Board. We are very fortunate to be able to leverage his significant expertise as we continue to grow LeftHand Networks, particularly if we choose to take the company public," said Bill Chambers, chief executive officer at LeftHand Networks. "We are also gratified to be recognized as a Top 200 Private Technology Company by Nollenberger Capital Partners. With our innovative, feature-rich iSCSI SANs that extend and optimize virtualized environments, LeftHand is continuing to achieve record revenue growth and notable market success."

Blount held the position of Senior Vice President in the Equity Research Department at Lehman Brothers from 2000 to 2007. Prior to Lehman Brothers, he was an equity research analyst at several firms including Credit Suisse First Boston, Donaldson Lufkin & Jenrette, and CIBC Oppenheimer. Mr. Blount was named an Institutional Investor All-American and was recognized as a Wall Street Journal All-Star. Mr. Blount is a Chartered Financial Analyst, and earned a bachelor of science degree in finance from the University of Wisconsin - La Crosse.

Published Wednesday, June 04, 2008 6:02 AM by David Marshall
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