FORMER SUN MICROSYSTEMS EXECUTIVE CARL MUNIO JOINS DYNAMIC NETWORK FACTORY, INC. AS EXECUTIVE V.P. OPERATIONS
Fast-Growing Storage Supplier, DNF, and New Subsidiary, StoneFly, to Leverage Technology Veteran’s Track Record in Leading Tier-One High-Tech Companies
Hayward, Ca. — April 5, 2006— Dynamic Network Factory, Inc., (DNF), a leading maker of high-performance network attached storage, storage area networks (SANs), RAID and iSCSI systems, announced today that technology industry veteran Carl Munio, a former Sun Microsystems executive, has been appointed executive vice president of operations. Munio will oversee infrastructure expansion as the company meets growing worldwide demand for its broad range of storage solutions.
In his new role, Munio is responsible for all aspects of DNF’s production and inventory management, with a focus on making manufacturing excellence a competitive advantage. He will lead operations for DNF as well as StoneFly™, Inc., a DNF wholly owned subsidiary and leading supplier of integrated IP SAN systems.
Munio reports to Mo Tahmasebi, president and CEO of DNF. “Carl’s exceptional tier-one technology industry experience and proven operations skills will enable us to accelerate expansion, particularly in the iSCSI storage arena, where substantial market opportunity exists,” said Tahmasebi. “I’m confident Carl will make significant contributions as we scale globally.”
Munio has spent his entire 35-year career driving the success of leading technology-based organizations, such as Sun Microsystems and Hewlett-Packard, as well as both private and public companies. From 1982 to 1993, he held executive management positions at Sun, playing an instrumental role during the company’s formative high-growth stages. As Sun’s director of operations engineering, he oversaw key design and production responsibilities as the company achieved multi-billion dollar revenues, expanding from approximately 100 to 20,000 employees. Prior to joining Sun, Munio held a variety of management positions during a 12-year tenure at Hewlett-Packard.
Most recently, Munio was vice president of engineering for SBE, Inc., a high-performance networking solutions provider based in San Ramon, Ca. He joined SBE following its 2003 acquisition of workstation and peripherals manufacturer Antares Microsystems, where he served as chief operating officer and chief technical officer over a seven-year period.
“Already strong with advanced storage technology and more than 20,000 customers in a wide variety of industries, DNF is poised for rapid growth as it capitalizes on escalating demand for its custom integrated storage solutions and pioneering IP SAN systems,” said Munio. “I’m looking forward to playing a leadership role in DNF’s continued development, drawing upon my technology and operations experience to position the company to realize its fullest potential.”
DNF recently announced its acquisition of StoneFly Networks, a pioneer in the development of IP SANs and active participant in the advancement of the iSCSI standard that enabled SANs to be deployed using low-cost Ethernet. StoneFly established the web site, www.iSCSI.com, to serve as a resource for those interested in the technology. Headquartered in San Diego, the company now operates under the name StoneFly, Inc. with a directive to expand its line of proven iSCSI storage solutions while leveraging the $34 million in funding it has received to fuel more than five years of ongoing product development.
About Dynamic Network Factory and Stonefly, Inc. Founded in 1989, Dynamic Network Factory, Inc. (DNF) is a privately held company based in the Silicon Valley (Hayward, Ca.). DNF carries a variety of products, ranging from network attached storage, direct attached storage solutions and IP SAN solutions, to assist companies in meeting their mission-critical storage needs with cost-effective, high performance storage equipment. DNF started as a U.S. subsidiary of the publicly-traded Japanese IT conglomerate, CSK Electronics, in 1989. In 1998, the company refined its strategy and began to focus the hardware group on storage solutions. Within a year, DNF’s rapid growth resulted in its emergence as an independent, privately-held spin-off. In 2006, DNF completed its acquisition of StoneFly Networks, an iSCSI storage pioneer and developer of complete, turnkey IP SAN solutions. Now a wholly owned subsidiary of DNF Corporation, StoneFly, Inc. (www.StoneFly.com) is headquartered in San Diego.
Since its inception, DNF has designed custom solutions for organizations of all sizes and built products for many major computer manufacturers. DNF has thousands of customers ranging from consumers and small-to-medium businesses, to government agencies, universities, hospitals, financial institutions and Fortune 500 companies. Key customers include UC Berkeley, MIT, the Federal Aviation Administration, FBI, Lockheed Martin, Bank of America, Citibank, Wells Fargo, Fujitsu, Honda Corporation of America, SBC, BAE Systems, and General Dynamics. For more information, visit www.DNFCorp.com
StoneFly, Inc., headquartered in San Diego, was founded in April 2000 to deliver upon the vision of simple and affordable storage optimization and disaster recovery protection through IP SAN solutions. StoneFly is a subsidiary of DNF, Inc. For more information on StoneFly, please visit www.StoneFly.com or www.iSCSI.com.
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StoneFly, StoneFly Backup Advantage, StoneFly ValueSAN and StoneFly OptiSAN are trademarks or registered trademarks and the property of StoneFly, Inc. All other company and product names contained herein are property of their respective owners. For more information, visit www.DNFCorp.com.
