July 9, 2001

Linux NetworX secures $5 million investment

Author: JT Smith

"Linux NetworX, a provider of powerful and
easy-to-manage Linux cluster computing solutions, announced today an investment
of $5 million from an unnamed private investor group. This latest investment
will allow Linux NetworX to further advance its goal of being the leading Linux
clustering company. To date, the company has raised more than $12 million in
investment capital."
Linux NetworX Secures $5 Million Investment
Date: Mon, 09 Jul 2001 08:43:22 -0700
From: "Brad Rutledge" 

FOR IMMEDIATE RELEASE

Linux NetworX Secures $5 Million Investment 
Linux Cluster Computer Company Continues on Growth Path Amid Poor Market Conditions

SALT LAKE CITY, UTAH, July 9, 2001 - Linux NetworX, a provider of powerful and 
easy-to-manage Linux cluster computing solutions, announced today an investment 
of $5 million from an unnamed private investor group. This latest investment 
will allow Linux NetworX to further advance its goal of being the leading Linux 
clustering company. To date, the company has raised more than $12 million in 
investment capital.

"The market demand for our Linux clustering solutions and cluster management 
tools has continually generated investment interest, even during these difficult 
market conditions," said Glen Lowry, president and CEO of Linux NetworX. "This 
latest influx of funding ensures stability for Linux NetworX, allowing us to 
continue developing our cluster technology and increase our market penetration."

Linux clustering is a method of linking multiple computers, or compute nodes, 
together to form a unified and more powerful system. Linux NetworX provides turnkey 
Linux clustering solutions to organizations demanding high performance or high 
availability computing systems. 

Cluster system management is the top barrier for enterprise organizations seeking 
to utilize Linux clustering technology. This is why Linux NetworX developed cluster 
management tools including the ClusterWorX® software, and its hardware component 
ICE Box(TM). Combined, these tools create a comprehensive cluster management 
solution for organizations seeking powerful, reliable and easy-to-manage Linux 
cluster systems.

About Linux NetworX
Linux NetworX (www.linuxnetworx.com) brings its powerful and easy-to-manage cluster 
technology to those demanding high availability and high performance systems. 
Linux NetworX provides solutions for organizations involved in aeronautical and 
chemical modeling, biotechnology research, oil and gas exploration, graphics 
rendering and visual effects, Web serving, ISPs, ASPs, and other technological 
research fields. Through its innovative Evolocity hardware, ICE cluster management 
tools and professional service and support, Linux NetworX provides end-to-end 
clustering solutions. To date, the company has built some of the largest cluster 
systems in the world, and boasts numerous Fortune 500 customers.

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Linux is a registered trademark owned by Linus Torvalds. All other products, 
services and companies are trademarks or registered trademarks of their respective 
owners.

CONTACT:         
Brad Rutledge                            
Linux NetworX                            
801-562-1010 ext. 218                    
brutledge@linuxnetworx.com  
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