iStorage Networks, Inc. (fka IOGN)

[Art2Gecko]

iStorage Networks, Inc. Begins Trading Under Symbol: IOGN

GILFORD, N.H., Dec 8, 2004 /PRNewswire-FirstCall via COMTEX/ -- iStorage Networks, Inc. (Pink Sheets: IOGN.PK) announced today that it has begun trading as a Public Company on the over the counter securities market (Pink Sheets).
M. Thomas Makmann, CEO of iStorage Networks stated, "We are extremely pleased to have our stock trading on the OTC Pink Sheets. Our Company is introducing a new line of business products that will offer a series of simple and affordable network storage solutions."

About iStorage Networks (http://www.istorageinc.com):

iStorage Networks, Inc. develops and markets network storage solutions that are specifically designed for the small to medium business. Computer activity has obviously grown over the last few years, especially driven by electronic mail (e-mail). This demand is further propagated by digital photos, video files and new high image applications. Federal requirements for audit trails, medical records as well as security, add to this acceleration for the need of network storage capacity. iStorage with its expertise and experience in the worldwide storage industry, coupled with its technology and channel partners, can deliver products that are simple to use and affordable to meet these needs.

iStorage products utilize a new and emerging technology called iSCSI. ISCSI, is an IP (Internet Protocol) based standard for linking data storage devices over a network and transferring the users data. From the storage side, iSCSI uses the SCSI command set, the core storage commands used throughout all storage configurations. On the networking side, iSCSI uses IP and Ethernet, which are the basis for most corporate networks. This revolutionary technology utilizes a standard disk drive interface and Internet communications techniques, and provides an easy method for user's to manage data.

Safe Harbor Act Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward- looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.

The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest.



Contact:
iStorage Networks, Inc.
603-293-8688

SOURCE iStorage Networks, Inc.


CONTACT: iStorage Networks, Inc., [phone]

URL: http://www.istorageinc.com
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