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3PAR Ranked Among the Silicon Valley 150 for Second Year Running

^{Published on 2010-05-26 05:11:58 - Market Wire}
 

FREMONT, CA--(Marketwire - May 26, 2010) - 3PAR^® (NYSE: [ PAR ]), the leading global provider of [ utility storage ], announced today that 3PAR was named on the [ Silicon Valley 150 ], a list compiled annually by the San Jose Mercury News to identify the top companies across all technology sectors based on worldwide revenue. 3PAR ranked #111 on the list based on worldwide revenue for the previous four quarters ended December 31, 2009, up from #122 for the prior year.

3PAR was also recently ranked as #4 on the [ Forbes Fast Tech 25 ] -- Forbes' list of the fastest-growing technology companies in America, published in April 2010 -- based on 3PAR's revenue growth over the five-year period ended December 31, 2009.

"We are pleased to be listed in the Silicon Valley 150 for our revenue achievement in calendar year 2009," said 3PAR President and CEO David Scott. "And we are especially proud of the fact that, during the period, we achieved absolute revenue growth over the previous calendar year, and that we did so despite the economic challenges presented during the period," Scott added.

The Silicon Valley 150 ranks public companies headquartered in Santa Clara, Santa Cruz, southern San Mateo, and southern Alameda counties on the basis of worldwide revenues ("sales") for the most recent available four quarters as of March 31. 3PAR was evaluated based on results for the four quarters ended on Dec. 31, 2009.

To view the full Silicon Valley 150 list, go to: [ http://www.mercurynews.com/sv150/ci_14902728 ]

About 3PAR
3PAR^® (NYSE: [ PAR ]) is the leading global provider of utility storage, a category of highly virtualized, dynamically tiered, multi-tenant storage arrays built for public and private cloud computing. Our virtualized storage platform was built from the ground up to be agile and efficient and to eliminate the limitations of traditional storage arrays for utility infrastructures. As a pioneer of thin provisioning and other storage virtualization technologies, we design our products to reduce power consumption to help companies meet their green computing initiatives and to cut storage total cost of ownership. 3PAR customers have used our self-managing, efficient, and adaptable utility storage systems to reduce administration time and provisioning complexity, to improve server and storage utilization, and to scale and adapt flexibly in response to continuous growth and changing business needs. For more information, visit the 3PAR Website at: [ www.3PAR.com ].

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