Formed in 2000, Panasas, Inc. (www.panasas.com) is the pioneering leader in developing highly scalable and agile storage networks. Panasas is developing a network storage solution that eliminates the inherent scalability bottlenecks in capacity and performance experienced by traditional network storage systems. The system, based on industry standards, is designed to easily and cost-effectively integrate into existing IT environments. The company's headquarters are in Fremont, CA with a development facility in Pittsburgh, PA.