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Press Release

Blade Network Technologies to Present at Needham Growth Stock Conference

Santa Clara, Calif., January 8, 2008—BLADE Network Technologies, Inc. (BNT), the leading provider of network switching infrastructure to the blade server market, announced that it will participate in the Needham & Company 10th Annual Growth Stock Conference, being held January 8-11, 2008 in New York. Vikram Mehta, President and CEO of BLADE Network Technologies, will present the company’s growth strategy on Thursday, January 10 at 8:00 a.m. at the New York Palace Hotel in New York City.

About BLADE Network Technologies

BLADE Network Technologies is the market-leading supplier of Gigabit and 10G Ethernet, IP and Application Switches for blade server systems globally. BNT is the first vendor to focus exclusively on serving the network infrastructure needs of the rapidly growing blade server market. The company’s end-users include Fortune 500 companies across 26 different industry segments. As the number-one supplier of network switches for blade servers, BNT boasts an installed base of more than 144,000 blade server switches representing more than 3 million switch ports around the world. In 2006, BNT was established as a fully independent company when it purchased certain assets of Nortel’s Blade Server Switch Business Unit. For more information, visit BNT at www.bladenetwork.net.

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