Storage Access Announces New Chairman and CEO

Storage Access Technologies Inc. today announced that Ian Sutcliffe has been elected to the Board of Directors and appointed Chairman and CEO of the Company.

Mr. Sutcliffe, a management consultant was previously President of Ltd. from July 1996 to April 2001, when it was sold to Andrx Corporation’s Internet division, Cybear. Prior to, Ian acted as a consultant to IBM.

Paul Sachse, the Company’s Chief Technical and Operating Officer, has been appointed as President and Chief Technical Officer and has been elected to the Board of Directors.

“Storage Access is well positioned to provide increasingly important data protection services that clients need. The subscription model reduces customer’s capital requirements and also reduces operating costs, which we believe will be a key differentiator for Storage Access,” says Ian Sutcliffe, new Chairman and CEO.

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