NIRVANIX ADDS INTEL CAPITAL AS AN INVESTOR

Leading venture capital group invests in provider of Storage Delivery Network

SAN DIEGO – December 19, 2007 – Nirvanix today announced that it has added Intel Capital, a leading venture capital organization, to its investor base. The investment will provide the Company with additional opportunities to further technology advancements of its Storage Delivery Network optimized for media applications, and further accelerate its global build-out of storage nodes to meet swelling demand for its online storage service.

“We are thrilled to have Intel Capital join our trusted Tier 1 investor mix. This enables us to build-out the world-wide network to meet growing demand,” said Patrick Harr, Nirvanix CEO. “Increasingly, large Fortune™ 500 corporate divisions and small Web 2.0 startups are realizing the efficiency and cost savings of building applications to the Nirvanix storage API. Our worldwide Storage Delivery Network, when compared to building or renting and running new data centers, is without peer.”

Nirvanix provides businesses with storage-as-a-service (SaaS), and is addressing the challenges associated with the explosive growth of user-generated content and digital media with its corresponding demand for storage. The company’s Internet-scale storage delivery network, powered by the patent-pending Internet Media File System (IMFS), empowers developers with a powerful, yet affordable, solution for storing and distributing user-generated content and other digital media.

“With the notable user increase in Web 2.0-based online media applications and information, a fast and affordable storage platform and service is required,” said John Mascarenas, investment manager, Intel Capital, “Nirvanix provides the next generation of storage that optimizes the delivery of user generated Web content.”

About Intel Capital

Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing, and cleantech. Since 1991, Intel Capital has invested more than US$6 billion in approximately 1,000 companies in more than 40 countries. In that timeframe, about 157 portfolio companies have gone public on various exchanges around the world and another 187 have been acquired by other companies. In 2006, Intel Capital invested about US$1.07 billion in 163 deals with approximately 60 percent of funds (excluding Clearwire) invested outside the United States. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com.

About Nirvanix

With over 100 customers, including some of the world’s leading media application vendors, Nirvanix is the premier provider of Internet storage optimized for media. The Nirvanix Storage Delivery Network (SDN) dramatically shortens time-to-market, reduces costs, and provides flexibility and control for business integrating Internet-scale online storage to their applications. Founded in 2007, Nirvanix is a privately held company headquartered in San Diego, California. The company recently received $12 million in funding from Mission Ventures and Valhalla Partners with participation from Windward Ventures. For more information about the company and its services, visit www.nirvanix.com

Contact Client:

Adrian Herrera | Director of Marketing
Phone: 619.764.5650 ext. 306 | Email: Adrian.Herrera@Nirvanix.com

Contact Agency:

Mark Smith | JPR Communications
Phone: 818-386-0403 | Email: marks@jprcom.com