Network Appliance and Ingrian Networks Team to Deliver Complete Data Security Solution for Financial Markets

Sunnyvale, CA - May 7, 2002 -- Network Appliance, Inc. (NASDAQ: NTAP), a leading provider of enterprise network storage solutions, and Ingrian Networks, the leader in secure networking, today announced a joint solution combining data encryption with data access appliances to protect sensitive enterprise data stored in databases. The joint solution will deliver unmatched security and performance, allowing companies to overcome obstacles associated with proprietary information sharing and data privacy legislation, while ensuring complete content integrity.

The collaboration brings together the enterprise storage and remote office data delivery experience of Network Appliance with the innovative security and networking expertise of Ingrian Networks. By integrating the capabilities of the Network Appliance™ Web content delivery solutions with that of Ingrian Networks' secure networking products, financial institutions gain the benefit of highly secure data access and storage.

"The combination of the two technologies will provide enterprises with an unbeatable data protection solution that allows them to confidently execute highly secure B2B transactions and deploy extranets with the performance, flexibility, and security they demand," said Rod Murchison, VP of Product and Corporate Development at Ingrian Networks.

"Network Appliance solutions are installed in over 400 financial services organizations including most global investment banks. NetApp's strategy for financial organizations is to help them improve operating efficiencies and disaster recovery while upgrading customer service and decision support capabilities. NetApp is helping many of these firms reengineer their straight-through processing (STP)workflow, globally distributed databases, and enterprise reference data to meet T+1 requirements and create "just-in-time" transaction flows. The Ingrian Networks platforms are a powerful complement to the Network Appliance data management solutions, offering our customers the highest levels of data security and remote office data delivery performance," said Tom Ricciardi, director of worldwide financial services marketing at Network Appliance. "Both the volume of storage and the need to secure enterprise financial data in transit is intensifying rapidly. With Ingrian Networks, we have a partner that has developed outstanding secure networking products built from the ground up with security in mind."

Ingrian Networks products secure data on Web servers and databases by utilizing powerful key management and innovative security technologies based on widely adopted encryption standards. Together, Ingrian Networks and Network Appliance products allow companies to leverage their secure critical B2B and B2C transactions in new ways, offering a high level of security without sacrificing the performance, speed, and flexibility companies require from their network. Network Appliance and Ingrian Networks will participate at the Securities Industry Association, Operations Conference in Palm Desert, CA on May 7-10, 2002.

About Ingrian Networks

Ingrian Networks is the global leader in secure networking. Ingrian Networks enables its customers-global financial institutions, Internet data center hosting providers and systems and networking vendors-to protect critical network data in transport and in storage without significant capital expenditure, network complexity or compromise in performance. The company's secure networking products integrate FIPS 140-1, Level 2 validated key management, backend data encryption, access management, intrusion protection, secure content caching, content switching and SSL/TLS acceleration into a single product for a completely extensible and highly secure networking infrastructure.

Founded in January 2000, Ingrian Networks is headquartered in Redwood City, California, and recently announced it has raised $22 million in second-round financing from American Express (NYSE: AXP), Prism Venture Partners, JAFCO Ventures and Partech International. These new investors join existing investors Bill Joy, co-founder and chief scientist of Sun Microsystems (Nasdaq: SUNW), Andy Bechtolsheim, founder of Granite Systems, and Roy Thiele-Sardina, co-founder of Tasmania Networks who also invested in this round, bringing the company's total funding over two rounds to more than $26 million. For more information, visit www.ingrian.com

About Network Appliance

Network Appliance is a world leader in open network storage solutions for today's data-intensive enterprise. Since its inception in 1992, Network Appliance has pioneered technology, product, and partner firsts that continue to drive the evolution of storage.

Press Contacts:
Eric Brown
Network Appliance, Inc.
(408) 822-3463
ebrown@netapp.com

Gene Paschall
Ingrian Networks
(650) 261-2442
gpaschall@ingrian.com