FREMONT, CA--(Marketwire - April 15, 2009) - [ 3PAR ]® (NYSE: [ PAR ]), the leading global provider of [ utility storage ], was cited as the seventh fastest growing public company in Silicon Valley in 2008, according to the [ Silicon Valley 150 ] list compiled annually by the San Jose Mercury News. 3PAR debuts on the Silicon Valley 150 with a ranking of 122 and 83% growth in 2008 -- a year during which one-third of the companies on the list actually saw sales fall.
"Even in a challenging IT climate in which the Silicon Valley 150 companies grew collectively at a mere 5.2 percent, 3PAR continued to win over brand-name customers with our innovative, cost-saving, and energy-saving utility storage technology," said David Scott, CEO of 3PAR.
The Silicon Valley 150 ranks public companies headquartered in Santa Clara, Santa Cruz, southern San Mateo, and southern Alameda counties on the basis of worldwide revenues ("Sales'') for the most recent available four quarters as of March 31. Most results are for the four quarters ended on or near Dec. 31, 2008.
To view the full article: [ http://www.mercurynews.com/sv150/ci_12116403 ].
About 3PAR
[ 3PAR ]® (NYSE: [ PAR ]) is the leading global provider of utility storage, a category of [ highly virtualized ], tightly clustered, and dynamically tiered storage arrays built for utility computing. Organizations use utility computing to build cost-effective virtualized IT infrastructures for flexible workload consolidation. 3PAR Utility Storage gives customers an alternative to traditional arrays by delivering resilient infrastructure with increased agility at a lower total cost to meet their rapidly changing business needs. As a pioneer of thin provisioning -- a green technology developed to address storage underutilization and inefficiencies -- 3PAR offers products designed to minimize power consumption and promote environmental responsibility. With 3PAR, customers have reduced the costs of allocated storage capacity, administration, and SAN infrastructure while increasing adaptability and resiliency. 3PAR Utility Storage is built to meet the demands of open systems consolidation, integrated data lifecycle management, and performance-intensive applications. For more information, visit the 3PAR Website at: [ www.3PAR.com ].
© 2009 3PAR Inc. All rights reserved. 3PAR, the 3PAR logo, Serving Information, InServ, InForm, InSpire, and Thin Built In are all trademarks or registered trademarks of 3PAR Inc. All other trademarks and registered trademarks are the property of their respective owners.
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