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03/23/04 12:11 AM

#4 RE: thepennyking #3

Storage Engine Announces Change to Board of Directors
Friday January 2, 5:00 pm ET


TINTON FALLS, N.J.--(BUSINESS WIRE)--Jan. 2, 2004--Storage Engine, Inc. (OTCBB: SENG - News) a provider of data storage solutions, document imaging solutions and fault tolerant information systems, today reported that Mr. Michael Faherty and Mr. Frank Triolo have resigned for personal reasons from the Board of Directors of Storage Engine effective December 31, 2003.
Mr. Gale Aguilar, who already holds a position on the Storage Engine Board, has been appointed to the role of Chairman of the Audit Committee. The Board is in the process of seeking additional Board candidates.

About Storage Engine, Inc. (SEI)

Storage Engine (SEI) is a provider of document imaging solutions and fault tolerant, cost effective data storage solutions for departments and enterprises that serve a wide range of business and government markets along with a wide range of document imaging solutions, conversion and other services to enable the capture, tracking, storing, sharing and utilization of information assets cost effectively. We provide fault tolerant information systems that store, protect, manage and replicate data in complex networks with greater ease and superior cost savings. The Company's Synchronism product line, as well as its Synchronix® product line and the Raven® systems, are modular units that can be configured and stacked to meet customers' specific and expanding data storage requirements. SEI sells its products through its direct sales force and a network of qualified systems integrators.

SEI competes against companies such as EMC (NYSE:EMC - News), Network Appliance (NASDAQ:NTAP - News), and Sun Microsystems (NASDAQ:SUNW - News); Documentum (DCTM) and FileNet (FILE), among others. The Company distinguishes itself in the marketplace via the superior cost/performance ratio of its high-quality, fault-tolerant products and satisfied customers. Trademarks mentioned herein may be trademarks and/or registered trademarks of their respective companies.

For more information, point your Web browser to www.storageengine.com, or call 1-800-322-7462.

This release contains forward-looking statements under the Federal Securities Laws. Actual results could vary materially. Factors that could cause actual results to vary materially include, but are not limited to: component quality and availability, changes in business conditions, changes in Storage Engine's sales strategy and product development plans, changes in the data storage or network marketplace, competition between Storage Engine and other companies that may be entering the data storage host/network attached markets, competitive pricing pressures, continued market acceptance of Storage Engine's open systems products, delays in the development of new technology, changes in customer buying patterns, one-time events and other important factors disclosed previously and from time-to-time in Storage Engine's filings at the U.S. Securities and Exchange Commission.



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Contact:
Storage Engine, Inc.
Patricia Aberle, 732-747-6995 X333