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Press Release

Blade Network Technologies Recognized As “Hot Company” for 2008

Network Products Guide Award Focuses on BNT’s Number One Position in Blade Switch Market

Santa Clara, Calif., February 4, 2008BLADE Network Technologies, Inc. (BNT), the leading provider of network switching infrastructure to the blade server market, announced that it has been named a “Hot Company” for 2008 by Network Products Guide, the world’s leading publication on networking, storage, software, security and wireless products and technologies.

Selected by a group of judges at the Technosium 2008 Executive Summit in Silicon Valley, this prestigious honor comes to BNT based upon stern selection criteria of 4Ps—namely products, people, performance and potential—behind the company’s growing success.

“We are delighted to be recognized as a ‘Hot Company’ for 2008 by Network Products Guide,” said Vikram Mehta, President and CEO of Blade Network Technologies. “This award recognizes our commitment to being the trusted leader in blade networking and our number one position in the blade switch market.”

The Executive Summit team at Technosium 2008 was represented by technology companies from all over the world in the areas of networking, wireless, mobile, software, storage & security and included Dr. David L. Bradford from Stanford University, Laura Yecies, Vice President of Marketing & GM, Consumer—Check Point Software, Rob Chaplinsky, Co-Founder of Bridgescale Partners, Joe Gottlieb, Vice President—Corporate Strategy, McAfee, Inc., Sam Bhaumik, Senior Managing Director, Hercules Technology Growth Capital, Inc. (Nasdaq: HTGC). Technology updates were provided at Technosium by over 150 technology companies from around the world including Cisco Systems, Inc, IBM, Juniper Networks, Intel, HP, Oracle and more.

About Technosium’s 2008 Executive Summit

Technosium 2008 Executive Summit and Conference and Expo is supported by Silicon Valley Communications, San Jose Mercury News—The Newspaper of Silicon Valley, Wi-Fi Alliance, Trusted Computing Group, Information Security Professionals Association, Network Products Guide, Personal Broadband Industry Association, Covenant, Wireless Communications Alliance, Info Security Products Guide, Stanford Graduate School of Business and Smart Capitol Venture (SCV Network). For more details please visit www.technosium.com

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 150,000 blade server switches representing more than 3.5 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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