Xyratex Ltd Appoints Todd Gresham EVP of Storage and Network Systems

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    HAVANT, United Kingdom, March 27 - Xyratex Ltd (Nasdaq: XRTX), a leading provider of modular enterprise class data storage subsystems and storage process technology, today announced the appointment of Todd Gresham to the position of Executive Vice President, Storage and Network Systems Business. In his new role, Todd will be responsible for all World Wide functions for the Storage and Network Systems Business division including Product Development, Sales, Marketing, Operations and the Office of Technology.

    Gresham joined Xyratex in September 2005 through the acquisition of nStor Technologies where he served as Chief Executive Officer and President. Prior to his appointment as EVP, Gresham served as Senior Vice President responsible for all Sales, Marketing, and Support in the Storage and Network Systems Business. Gresham, with over 25 years of executive management experience in the storage industry, has established himself as a results oriented individual and has a proven track record in leading innovative technology companies.

    "Todd is an exceptionally strong leader and will be instrumental in accelerating the company's growth. His extensive background and knowledge of the Storage industry, coupled with his relationships with existing and new customer prospects for Xyratex, will serve our business and operational strategic plan very well," said Steve Barber, Chief Executive Officer, Xyratex. "I am excited to have an executive of Todd's caliber lead our storage system business."

    About Todd Gresham

    Prior to Xyratex, Todd served as Chief Executive Officer and President of nStor Technologies where he was successful in demonstrating revenue growth quarter on quarter from the time he joined nStor in April, 2004 until it was acquired by Xyratex in September of 2005. Prior to nStor, Todd guided over 100 firms, including several Fortune 500 companies, via Meritage Associates, which he founded. Mr. Gresham also served as Vice President of Global OEM and Reseller Sales at EMC, and General Manager of Asia/Pacific Operations, as well as Vice President of Worldwide Sales at CLARiiON. Prior to CLARiiON, Mr. Gresham held various executive positions with both Philips Laser Magnetics (LMSI), a division of Philips NV, and StorageTek.

    About Xyratex

    Xyratex is a leading provider of modular enterprise class data storage subsystems and storage process technology. The company designs and manufactures enabling technology that provides OEM and disk drive manufacturer customers with data storage products to support high-performance storage and data communication networks. Xyratex has over 20 years of experience in research and development relating to disk drives, storage systems and high-speed communication protocols.

    Founded in 1994 in a management buy-out from IBM, and with its headquarters in the UK, Xyratex has an established global base with R&D and operational facilities in Europe, the United States and South East Asia. For more information, visit http://www.xyratex.com. Bookmark and Share
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