Isilon Ranked 119th Fastest Growing Company in North America on Deloitte's 2009 Technology Fast 500(TM)

October 23, 2009 7:00 AM EDT

SEATTLE, Oct. 23 /PRNewswire-FirstCall/ -- Isilon® Systems (Nasdaq: ISLN), the proven leader in scale-out NAS, today announced that it ranked 119th on the Technology Fast 500(TM), Deloitte LLP's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five-year period from 2004 to 2008. Isilon's grew 1,395 percent during this period.

Isilon's CEO, Sujal Patel, credits the ongoing convergence of enterprise data storage needs with the capabilities of scale-out NAS, as well as Isilon's continued business execution, with the company's 1,395 percent revenue growth over the past five years. He said, "Traditional NAS and SAN storage systems are simply incapable of delivering the simplicity, value and scale necessary to power today's file-based data applications, forcing enterprises to look elsewhere. As our revenue growth demonstrates, more and more of them are finding the solution they need with Isilon scale-out NAS."

"Technology Fast 500(TM) recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "We congratulate Isilon on this accomplishment."

"With its impressive five-year growth, Isilon has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America," said Mark Jensen, Managing Partner, technology and venture capital services, Deloitte & Touche LLP. "Deloitte is proud to honor Isilon for its achievement."

Technology Fast 500(TM) Selection and Qualifying Criteria

Technology Fast 500(TM) provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500(TM) website, and public company database research conducted by Deloitte. Technology Fast 500(TM) award winners for 2009 are selected based on percentage fiscal year revenue growth during the five-year period from 2004 to 2008.

In order to be eligible for Technology Fast 500(TM) recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.

Technology Fast 500(TM) award eligibility requirements also include base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About Isilon Systems

Isilon Systems (Nasdaq: ISLN) is the proven leader in scale-out NAS. Isilon's clustered storage and data management solutions drive unique business value for customers by maximizing the performance of their mission-critical applications, workflows, and processes. Isilon enables enterprises and research organizations worldwide to manage large and rapidly growing amounts of file-based data in a highly scalable, easy-to-manage, and cost-effective way. Information about Isilon can be found at http://www.isilon.com.

About Deloitte

As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

The names of companies mentioned herein are the trademarks of their respective owners.

SOURCE Isilon Systems

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