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Incentra Solutions Names Michael Hardy Regional President of the SouthwestMarch 23, 2006 Boulder, CO, March 23, 2006 – Incentra Solutions, Inc. (OTCBB: ICNS) announced today that it has named veteran storage executive Michael Hardy to regional president of the enterprise solutions southwest division. Hardy brings over 20 years of storage sales, marketing and business development experience to the job, and was most recently at Quantum Corporation as its vice president of Americas sales. As President of Incentra Southwest, Hardy will report to President and COO Shawn O’Grady and will be responsible for the sales and operations of the regional enterprise solutions division that covers California, Nevada, Arizona and Utah. “We are pleased to have Mike join the Incentra Solutions team. Having worked with Mike as part of our Quantum relationship, we are familiar with his professionalism and his extensive executive management skills. His long career in the storage and services sector make him an exceptional fit to run our Southwest business and grow the division to its full potential ,” stated O’Grady. Hardy, 47, has been Quantum’s vice president of Americas sales, leading that company’s sales efforts to direct customers and distribution and reseller partners. While in this role, Hardy was named a top 100 channel executive by VARBusiness and this year was named a top 50 Channel Chief by CRN. Previously, he served as vice president of business development and strategic alliances for Quantum. He has a track record of success in sales, marketing, channel strategy, and service delivery. Prior to Quantum, Hardy held executive and senior management positions with Chaparral Network Storage, TeraStor and Vangard Technology.
“Incentra is uniquely positioned to bring to its customers and prospects strong managed service capabilities together with world class enterprise assessment, procurement and implementations skills. In a market where users are struggling to do more with less, we are prepared to show them exciting new ways to exceed their financial objectives and operational goals,” stated Hardy.
Hardy holds a degree in computer science from the University of California, San Diego. He currently resides in San Clemente and will work out of the regional Incentra division office in San Diego.
About Incentra Solutions, Inc. Incentra Solutions, Inc. (www.incentrasolutions.com, OTCBB:ICNS) is a provider of complete IT & storage management solutions to enterprises, managed service providers and broadcasters worldwide. Incentra’s complete solution includes professional services, hardware & software products with first call support, IT outsourcing solutions and financing options. To the broadcast market, Incentra delivers complete digital archive management and transcoding solutions built on its IT and storage expertise and offerings.
Incentra Solutions Forward Looking Statements Certain information discussed in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the Company’s inability to accurately forecast its operating results; the Company’s potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the Company’s business. For further information on factors which could impact the Company and the statements contained herein, reference should be made to the Company’s filings with the Securities and Exchange Commission, including Annual Reports on Form 10-KSB, Quarterly Reports on Form 10-QSB and Current Reports on Form 8-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Contacts: Allen & Caron, Inc. Jill Bertotti (investors) jill@allencaron.com
Len Hall (financial media) len@allencaron.com 949-474-4300
Incentra Solutions, Inc. Thomas P. Sweeney III, Chairman & CEO tsweeney@incentrasolutions.com 303-449-8279
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