Virtual Iron Expands Market Development Efforts with New Vice President of Business Development 

Matthew Connon Brings Proven Track Record in Developing and Expanding Strategic Relationships to Fast Growing Virtualization Software Company 

Lowell, MA, July 18, 2006 – Virtual Iron Software (www.virtualiron.com), a provider of software solutions for creating and managing virtual infrastructure, today announced the appointment of Matthew Connon as vice president of business development. Connon will be responsible for overseeing and expanding the company’s strategic partner relationships.

Connon joins Virtual Iron from Fast Search & Transfer Inc., a $100 million, publicly-traded, enterprise search software company, where he was most recently vice president of OEM sales. At Virtual Iron, Connon will lead the company’s efforts to expand its OEM and reseller relationships with strategic global partners and global consulting firms. He’ll also focus on developing strategic partnerships in emerging markets. Prior to Fast Search, Connon was director of business development for Giant Loop Networks. Before that, he practiced business and civil law. Connon is a graduate of Boston College, Suffolk University Law School and The F.W. Olin Graduate School of Business at Babson College.

“Early customer and partner demand are driving expansion across all aspects of the company,” said John C. Thibault, President and CEO of Virtual Iron. “Matt brings deep knowledge and a history of developing mutually successful strategic relationships in the enterprise software market. His ability to expand these relationships for Virtual Iron will be a tremendous asset in our development as a company. We look forward to Matt’s contribution in bringing Virtual Iron to a position of market leadership.”

Virtual Iron delivers advanced virtualization and management software solutions and is designed for production-class performance and scalability. The platform can support hundreds of industry-standard (x86) physical servers and thousands of virtual servers. The software partitions servers to run multiple operating systems simultaneously and increases utilization by managing the pooling and sharing of large numbers of server, storage and network elements. This enables users to automate many time-intensive manual tasks such as provisioning new servers and moving capacity to handle dynamic workloads. It also monitors physical systems and automatically responds to availability issues.

About Virtual Iron Software, Inc.
Virtual Iron provides software solutions for creating and managing virtual infrastructure. Its software enables companies to dramatically reduce the complexity and cost of managing and operating their enterprise data center. The company delivers advanced capabilities that exploit industry standards, open source economics and processors with virtualization technology built-in. Organizations use Virtual Iron’s software for consolidation, rapid provisioning, business continuity, workload management and policy-based automation to deliver significant improvements in utilization, manageability and agility. Virtual Iron is privately held and based in Lowell, Massachusetts. For more information, visit www.virtualiron.com or email info@virtualiron.com.

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Press Contacts:

Tim Walsh
Virtual Iron Software
978.849.1247
twalsh@virtualiron.com

Dan Carter
Racepoint Group for Virtual Iron
781.487.4602
dcarter@racepointgroup.com