Features - Financial Plays Of The Week:

EqualLogic CLOSES $15 MILLION IN 2ND ROUND FUNDING

EqualLogic Inc has announced the closing of a $15 million round of funding led by TD Capital Technology Ventures. This latest round of funding, which also includes Charles River Ventures and Sigma Partners, supports the company's sales and marketing efforts in response to demand for its PeerStorage architecture. EqualLogic has secured $27 million in outside funding to-date.

"The reduced costs and improved effectiveness of shared storage achieved by large financial institutions, for example, demonstrates the value and necessity of PeerStorage solutions," said Peter Hayden, chief executive officer and co-founder of EqualLogic Inc. "This equity invesent provides continuing validation of our team, technology and the mid-range storage market. EqualLogic's relationships with leading financial institutions continue to deepen with this invesent led by TD Capital Technology Ventures."

"EqualLogic has brought together a proven management team with expertise in enterprise storage, network and software to create a remarkable IP storage solution. PeerStorage solutions are experiencing immediate success in Fortune 500 customer trials and are the focus of growing interest in the channel," said Elliot Swan, managing director of TD Capital Technology Ventures, who will join EqualLogic's Board of Directors. The board also recently welcomed Michael A. Brown, Chairman of Quantum Corporation.

The PeerStorage architecture powers modular, self-managing and affordable, enterprise class IP-based storage arrays by automating storage management across multiple arrays and allowing for the easy expansion of storage pools, dynamically and online. This achievement alone can reduce storage management costs up to 90 percent.

To ensure PeerStorage solutions are compatible with today's environments, EqualLogic is working with leading storage, network, component, system and software vendors. These efforts include EqualLogic's participation in Microsoft's iSCSI beta program to establish that PeerStorage products can be fully leveraged in Windows-based environments. The PeerStorage architecture has also undergone extensive testing at both the University of New Hampshire's InterOperability Lab and is underway with EqualLogic's growing alliance network, which includes Adaptec, Alacritech, Intel, Oracle, Qlogic, Sun Microsystems Inc and leading drive vendors.

About TD Capital Technology Ventures

TD Capital Technology Ventures invests in early and growth stage companies with significant technology assets and market opportunities that span multiple industry sectors. Specifically, TD Capital Technology Ventures focuses on invesents in enterprise software, IT infrastructure, semiconductors, and wireless and emerging technologies. Established more than 30 years ago, TD Capital is the private equity arm of TD Bank Financial Group. For more information on TD Capital and its invesent groups, go to www.tdcapital.com. Contact: Michael Sherman, 416-308-4107, michael.sherman@td.com.

About EqualLogic

PeerStorage solutions from EqualLogic Inc deliver the benefits of consolidated storage in a modular, self-managing, IP-based storage area network that is affordable and easy to use, regardless of scale. By eliminating complex tasks and enabling fast and flexible storage provisioning, PeerStorage solutions dramatically reduce acquisition and ongoing operational costs and make enterprise class shared block storage practical for the mid-range storage market.

EqualLogic is based in Nashua, NH. For more information visit www.equallogic.com/ or www.peerstorage.com/.