Onaro Appoints Doug McNary President And Chief Executive Officer

Onaro, Inc., the pioneer of change management software for storage networks, today announced the appointment of Doug McNary as president and chief executive officer and member of the company's Board of Directors. With a clear understanding of the shifting dynamics of the enterprise systems market, and a proven record of successfully building and growing technology teams, McNary will lead Onaro with a commitment to customers and partners and a clear focus on helping them achieve immediate business value.

"Doug has a proven track record of building high growth enterprise software companies that successfully meet the needs of large enterprise customers," said Amnon Shoham, managing partner of Cedar Fund. "The sales, marketing and strategic development experience he brings from his prior management roles at Tivoli and Motive complements Onaro's strong management team. Doug's vision, intensity and commitment make him an outstanding leader for this stage of the company's growth."

"I am delighted to join Onaro at such an exciting stage in the growth of the company coupled with expansive market opportunity," said McNary. "The company is executing well against its business goals, delivering excellent products, providing real customer value and earning overwhelming endorsements from the media and analyst communities. Over the coming months I look forward to working with the management team to continue to build a broad multi-channel distribution model to leverage the global market opportunity that will further accelerate Onaro's growth into 2006."

McNary was most recently with Motive for the past seven years, and was instrumental in building the company to over $100 million and 450 people which led to one of the few successful technology IPOs in 2004. As vice president of sales he built the global sales organization from the ground up and as executive vice president of corporate development established strategic business relationships with key partners including EMC, Veritas, and Mercury Interactive. McNary had previously served as vice president of sales for Tivoli Systems. During his six-year tenure, he helped manage the company through an IPO and develop North American and EMEA sales operations. McNary was also instrumental in the merger with IBM as a key member of the executive team that managed the integration of the Tivoli sales and product strategy into the IBM sales channel.

"Onaro just recently completed a record third quarter and grew revenue 60 percent quarter over quarter, signing major deals with several of the world's largest financial institutions and a significant number of Global 2000 companies," said Trevor Kienzle, general partner of Newbury Ventures. "Doug's record of success, his depth and breadth of experience and his strong industry ties make him the ideal leader to build on the momentum Onaro has generated and to guide the company in executing the next level of its vision."

About Onaro, Inc.
Onaro pioneered Change Management for Storage Area Networks (SANs), enabling enterprises to ensure regulatory compliance and storage service levels by quickly and effectively controlling change and managing growth in complex SANs through its SANscreen® Monitoring and Predictive Change Management software. SANscreen Business Continuity extends the Onaro solution to replicated data environments assuring continuous compliance and application availability when disaster strikes. Onaro products are currently deployed at some of the world's largest SANs including AOL, Nationwide, State Street Global Advisors, and Wyeth Pharmaceuticals.

In recent months the company has also received numerous honors, including being named one of the top 10 private companies by Byte and Switch, and winning product awards from the Association of Storage Networking Professionals, eWeek, InfoStor, Network Magazine and Storage Magazine.

For more information, please visit www.onaro.com.