BiTMICRO NETWORKS Appoints William Baker as VP andCFO; Seasoned Executive Strengthens BiTMICRO's...

Business Editors/High-Tech Writers

FREMONT, Calif.--(BUSINESS WIRE)--June 22, 2000

BiTMICRO NETWORKS, Inc., a supplier of high performance solid state flash disk storage solutions, today announced the appointment of William D. Baker as the Chief Financial Officer and VP of Finance

"Bill brings to our company an impressive background in financial management," said Rudy Bruce, founder and CEO of BiTMICRO. "His unique financial expertise and experience in building companies will be vital in positioning ourselves as we grow our business."

Before joining BiTMICRO, Baker served as the VP and CFO of The JPM Company, a $170 million international manufacturer of wire harnesses and cable assemblies for the computer, networking and telecommunication industries. During Baker's tenure, JPM grew from $35 million in sales in 1995 to $170 million in fiscal 1999. Along with standard controllership and treasury functions, he successfully managed the multi-plant and international operations. The company successfully went public in April 1996.

From 1993 to 1995, Baker was the VP of Finance and Administration, CFO and Secretary of Racotek, Inc., a wireless software and hardware company. Baker was responsible for driving the company's product support strategy. The company successfully went public in December 1993.

Prior to Racotek, Baker was the VP and CFO of Artisoft, Inc., a $75 million local area network software and hardware company. During his tenure, Business Week listed Artisoft, Inc. as the fastest growing private companies for 3 years in the May 25, 1992 issue. Inc. Magazine also selected Artisoft as one of the 100 Best Small Corporations in 1989, 1990 and 1991 issues.

Under his leadership, Artisoft grew from $6 million annual sales in 1989 to a December 31, 1992 quarter sales of $24 million with $95 million annual rate. In addition, he secured $49 million venture capital to finance global work force and establish manufacturing plants in U.K. and The Netherlands.

"BiTMICRO is uniquely positioned to reap the rewards of the maturity of flash disk, SAN and NAS by leveraging our industry-leading storage technologies," Baker said. "I am truly excited in joining BiTMICRO. The senior management and board of directors are world-class and the company's strategies are in place to accelerate expansion and growth," Baker added.

About BiTMICRO NETWORKS

BiTMICRO NETWORKS, Inc., a privately held California corporation, is a supplier of high performance solid state flash disk storage solutions. BiTMICRO's storage solutions offer superior performance, data availability, and manageability across spectrum of computing platforms from entry systems to super computers. BiTMICRO storage product lines address wide range of applications and operating systems needs including storage area networking (SAN) and network attached storage (NAS).

The company is a member of the Fibre Channel Industry Association (FCIA) and Storage Networking Industry Association (SNIA).

Note to Editors: E-Disk(TM), FlashBus(TM), PowerGuard(TM), DataSentinel(TM), E-NAS(TM), SANgria(TM), quickSAN(TM), EdiskMultiChip(TM) and BiTMICRO(TM) are trademarks of BiTMICRO NETWORKS, Inc.

Additional information about BiTMICRO can be found at http://www.bitmicro.com