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Thursday, 12/23/2004 9:33:23 AM

Thursday, December 23, 2004 9:33:23 AM

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iStorage Networks, Inc. Expands: Sets Up Integration Facility

/FROM PR NEWSWIRE BOSTON 617-482-5355/
TO BUSINESS AND TECHNOLOGY EDITORS:

iStorage Networks, Inc. Expands: Sets Up Integration Facility

GILFORD, N.H., Dec. 23 /PRNewswire-FirstCall/ -- iStorage Networks, Inc.
(Pink Sheets: IOGN) announced today that it has executed a lease for a 3000
square foot facility in Nashua, New Hampshire.
Greg Pelletier, Chief Operating Officer stated, "In order to better serve
our existing and new customer base, we are setting up a dedicated support,
service and integration operation." Pelletier further states "iStorage is
founded on the principle of making network storage simple, easy and
affordable. The key to servicing Krall to medium business is to provide rapid
response to questions or other inquires while assuring timely delivery of
customer orders."
The facility will be fully operational in January 2005. The company
currently operates from their Gilford, New Hampshire office.

About iStorage Networks:
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 and 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.

Http://www.istorageinc.com

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 1y> 09 0627222
:42 "<140732 1: 072 09 9:14 60< 47;76;2 94959 072 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-lookQing
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: Tom Makmann of iStorage Networks, Inc., +1-603-293-8688/


/Web site: http://www.istorageinc.com/

Dec-23-2004 14:00 GMT
Symbols:
US;IOGN
Source PRN PR Newswire
Categories:
F NWI/CPR NWI/HTS NWI/NET NWR/NH MST/I/CMT MST/I/CPM MST/I/SVC
MST/L/EN MST/R/US/NH TGT/PRN


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