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GlassHouse Files for IPO

FRAMINGHAM, Mass. -- GlassHouse Technologies, Inc., today announced it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its common stock. All of the shares to be offered will be sold by the company. The numbers of shares to be sold in the proposed offering, and the offering price, have not yet been determined.

Goldman, Sachs & Co. will be acting as the sole book-running manager for the offering. J.P. Morgan Securities Inc. is acting as a joint lead manager, with Banc of America Securities LLC and Thomas Weisel Partners LLC acting as co-managers.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

GlassHouse Technologies Inc.