Panasas Wins Gold In The New Products Category At 8th Annual Hot Companies And Best Products Awards

SUNNYVALE, Calif. and LAS VEGAS, May 9, 2013 /PRNewswire/ --  Panasas, Inc., the leader in high performance parallel storage for technical computing applications and big data workloads, announced that Network Products Guide, the industry's leading technology research and advisory guide, has given Panasas® ActiveStor® 14 top honors in the very competitive New Products Category at the 8^th Annual Hot Companies and Best Products Awards.The Network Products Guide awards are the industry's premier information technology awards honoring key achievements in every facet of the IT industry. Winners from around the world were honored in Las Vegas on Tuesday, May 7 during the presentation dinner.

Accepting the award, Barbara Murphy, chief marketing officer at Panasas said, "We are honored that Panasas ActiveStor 14 was selected as the best new product of the year out of a crowded field of industry heavy hitters by Network Product Guide. The recognition reinforces the value of our unique application of Solid State Drive (SSD) technology as part of a fully integrated, hybrid scale-out NAS solution. ActiveStor 14 addresses a particularly wide range of big data workloads without incurring the prohibitive cost of SSD-only solutions."

Panasas ActiveStor 14 is the world's fastest fully integrated parallel storage solution. The single platform satisfies the bandwidth requirements of the most demanding high performance storage applications while offering the flexibility, manageability and ease-of-use to address a broad range of I/O intensive workloads found in finance, life sciences, energy, media and manufacturing environments.

About Network Products Guide
As the industry's leading technology research and advisory publication, Network Products Guide plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. Readers will find a wealth of information and useful tools in the guide, including information on the best IT products and services available, roadmaps, industry trends, technology innovation and independent product evaluations that help facilitate IT decision making. The guide follows conscientious research methodologies developed and practiced by industry experts. To learn more, visit www.networkproductsguide.com

About Panasas
Panasas, Inc., the leader in high performance parallel storage for technical computing applications and big data workloads, enables customers to rapidly solve complex computing problems, speed innovation and accelerate new product introduction. All Panasas storage products leverage the patented PanFS™ storage operating system to deliver superior performance, data protection, scalability and manageability. Panasas systems are optimized for demanding storage environments in the bioscience, energy, finance, government, manufacturing, and university markets. For more information, visit www.panasas.com.

Panasas Media Contact
James McIntyre
McClenahan Bruer
[email protected]
(503) 546-1000

©2013 Panasas, Inc. Panasas, the Panasas logo, ActiveStor, and PanFS are registered trademarks or trademarks of Panasas, Inc. All other trademarks are property of their respective holders.

SOURCE Panasas, Inc.