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Silicon Mountain to Acquire Remote Backup Technology

From a company based in New Zealand

Silicon Mountain
Holdings, a technology holding company of niche computing brands, has entered into an agreement with a specialized software
developer based in New Zealand to acquire intellectual property related to
direct remote backup technology. The acquisition of this proven online
storage utility will accelerate delivery-to-market for a planned online remote
backup service to be launched by Silicon Mountain Holdings later this year.

"We plan to integrate this remote backup utility with a number of our
server and storage product lines including our new line of Smart Media NAS
appliances
," said Tre’ Cates, CEO at Silicon Mountain. "The growing demand to
access, share, protect and organize digital memories and assets such as music
and video libraries as well as valuable business information, requires more
than just a robust local back up solution. We believe that remote access and
remote storage management will soon be a defining requirement for all home and
small business users and Silicon Mountain will be able to offer intuitive
solutions to meet the demand
."

The new, yet-to-be-named remote backup and storage service from Silicon
Mountain Holdings will be available in the first-half of 2008.

Silicon Mountain Holdings, Inc.

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