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Isilon Steps on the Gas: Page 2 of 5

"We have got specialized firmware that manages the way the power is drawn and regulates itself," says Goodwin.

At least one analyst thinks these enhancements represent a step in the right direction. "With the multi-core processors, they are setting the stage for some powerful computing," says Forrester research analyst Andrew Reichman.

But he warns that Isilon still needs to address the execution problems behind the company's losses and financial upheaval last year.

"No matter how exciting the technology is, the market hasn't validated that," he adds, alluding to Isilon's rocky start to life as a public company, which saw the vendor swap its CEO and change its CFO.

"The key thing that happened to Isilon in 2007 was that expectations on Wall Street were extremely high," explains Goodwin. "Obviously, we got punished for that."