John Hagerman appointed Vice President of Business Development

Cupertino, CA — June 15, 2009 — Neterion, Inc., the industry leader in 10 Gigabit Ethernet (10 GbE) adapters for Servers and Storage, today announced that John Hagerman, a veteran technology executive has been named Vice President of Business Development, effective immediately.

Hagerman most recently led Chelsio Communications' business development efforts. Due to his deep market knowledge, he was one of the first in the 10GbE adapter industry to identify and win early adopters in key vertical markets, such as Oil and Gas. In addition, he also created and managed the company's partnership and alliances ecosystem.

In addition to his role at Chelsio Communications, Hagerman's extensive experience includes management responsibilities in marketing and business development at large publicly traded companies including NetEffect (an Intel Company NASDAQ: INTC), 3Com (NASDAQ: COMS), and Maxtor Corporation (acquired by Seagate Corporation NASDAQ: STX).

"We are extremely pleased to have John join the management team," said Todd Oseth, President and Chief Executive Officer of Neterion. "His unique understanding of the drivers behind virtualization and cloud computing will enable Neterion to significantly broaden our relationships and accelerate revenue growth."

Oseth continued, "The fact that Neterion was able to recruit an executive of John's caliber and depth of knowledge and experience in the 10GbE market, is a testament to our leadership position. He clearly saw the boundless growth opportunity for the company due to our competitive edge."

"I am extremely glad to be a part of this exceptionally seasoned management team," said John Hagerman. "It is clear that the company's current offerings and strong roadmap deliver a clear and differentiated edge over the competition. The ability for Neterion to bring competitive advantage to customers in the high growth areas of virtualization and cloud deployments is real. We will seize that opportunity."

Hagerman holds a Bachelor of Science in Electrical Engineering & Computer Sciences and a Masters in Business Administration from Santa Clara University.

About Neterion
Neterion is the leader in I/O Virtualization for 10 Gigabit Ethernet adapters that provide high speed solutions for customers' server and storage systems. Xframe?and X3100 Series are the industry's highest performing line of 10 GbE adapters, allowing IT managers to virtualize many more applications per physical server - including the most I/O-intensive ones - drastically decreasing costs when deploying virtualized servers. The company was founded in 2001 and is headquartered in Cupertino, California with an additional office in Ottawa, Canada. More information on Neterion, Inc. can be found at http://www.neterion.com.

The Neterion logo, Xframe, IOQoS and VLT, names and logos and combinations thereof, are trademarks of Neterion, Inc. All other names are for informational purposes and may be trademarks of their respective owners.

Neterion Company Contact:
Greg Scherer
Chief Technology Officer
Office: (714) 970-7845
greg.scherer@neterion.com