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Netezza Files for IPO

FRAMINGHAM, Mass. -- Netezza Corporation (NYSE Arca: NZ) today announced an initial public offering of 9,000,000 shares of its common stock at a price of $12 per share. Netezza has granted the underwriters a 30-day option to purchase up to 1,350,000 additional shares to cover over-allotments. Netezza's common stock will be listed on NYSE Arca under the symbol "NZ" and will begin trading Thursday, July 19, 2007.

Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. Incorporated acted as joint book-running managers for the offering with Needham & Company, LLC and Thomas Weisel Partners, LLC serving as co-managers. A copy of the final prospectus relating to the offering may be obtained by contacting either the Credit Suisse Prospectus Department, One Madison Avenue, New York, NY 10010, telephone 1-800-221-1037, or Morgan Stanley & Co. Incorporated, 180 Varick Street, New York, NY 10014, Attention: Prospectus Department, by telephone at 212-761-6775 or by e-mail at [email protected].

Netezza Corp.