Hifn Boosts Sales Team

LOS GATOS, Calif. -- HifnT (NASDAQ: HIFN), the catalyst behind storage and networking innovation, today announced that it has appointed Stuart Krometis as Hifn Senior Director of Strategic Accounts.Krometis will primarily be responsible for Cisco Systems Inc. (NASDAQ: CSCO) and other strategic accounts. This appointment strengthens the commitment and furthers the company's successful seven-year relationship with Cisco.

Krometis has a strong record of success in managing complex sales programs and growing market share. He joins Hifn from Cavium Networks, where he was Director of Strategic Sales to Cisco with responsibility for multiple design wins, and was previously Cisco Global Accounts Manager at Applied Micro Circuits Corp. Krometis reports to Greg McNulty, Vice President Sales,Americas and EMEA, at Hifn.

"I am excited to take on this new role at Hifn," said Krometis. "I am convinced that we are looking at a perfect storm of opportunity given the strong existing relationship with Cisco, the highly complementary fit for new Hifn Applied Services Processors and the strategic market openings, such as 3G wireless, WiMax and Voice Over IP, enabled by Cisco's IP Next Generation Network initiative."

Hifn Inc.