Former SPI Dynamics CEO Brian Cohen Joins Steelbox Networks as President and CEO

Business Wire,  Dec 3, 2007  

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ATLANTA -- Steelbox Networks, Inc., makers of network video distribution and storage devices, today announced the appointment of Brian Cohen as President and Chief Executive Officer. Cohen brings more then 29 years of technology executive leadership spanning Internet, IT networking and security solutions companies.

Prior to joining Steelbox, Cohen served as President and CEO at S.P.I. Dynamics, and recently led the company through its acquisition by Hewlett-Packard in August 2007. Under Cohen's leadership, SPI Dynamics was recognized as one of the fastest growing technology companies in North America by Deloitte for four consecutive years starting in 2003 and was included in the Inc. 500 in 2005 and 2006.

"As cameras and IP TV are increasing video content across IP networks, organizations are demanding greater performance, more storage and overall scalability," said Brian Cohen, President and CEO of Steelbox. "I'm delighted to join the team at Steelbox, which is extremely well-positioned to own a large share of the video distribution and storage market."

Prior to SPI Dynamics, Cohen founded Technologic, Inc. in 1992, a pioneer in firewall security appliances, and served as CEO and President until 1999, when the company merged with eSoft, Inc. Cohen has also served in executive management positions with Management Matters, Inc., a private investment and consulting company, and Dun & BradStreet Software and Management Science America, a global leader in enterprise software and services.

"Brian's leadership skills, technology acumen and business credentials are a phenomenal fit for Steelbox," said Tim Guleri, Managing Director of Sierra Ventures and Steelbox board member. "He has a history of managing companies with explosive growth and we are confident that his experience will be a huge asset for the company."

Richard "Chip" Howes, who co-founded Steelbox Networks and has served as President and CEO since 2003, will continue to serve on the Company's Board of Directors. Cohen will also serve on the Company's Board of Directors.

About Steelbox Networks

Steelbox Networks is dedicated to helping organizations solve the problem of moving and storing vast amounts of video data across IP networks. With installations in the US, Europe, and Asia, Steelbox serves industries that use data for security, business process improvement and surveillance monitoring applications. Steelbox Networks was founded in 2003 by executive and engineering veterans of Cisco Systems, Scientific Atlanta and Nortel Networks. For more information, go to http://www.steelbox.com.

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