San Jose, Calif. — October 20, 2003 — Alacritech®, Inc., the innovator of data acceleration solutions that enable the highest performance and efficiency in networked systems, announced today that the Technology and Life Sciences Division of Comerica Bank (NYSE:CMA) has provided the company with a $3 million revolving line of credit.

Since 1997, Alacritech’s data acceleration technology has been incorporated into the industry’s leading storage and server products. The company has completed three funding rounds totaling more than $35 million from premier venture capitalists and partners including Alloy Ventures, Benchmark Capital Partners, Berkeley International Capital Corporation, Munder Capital Management, Needham Capital Partners, QTV Capital, and Redpoint Ventures.

“We’re pleased to enter into a banking relationship with Comerica and receive this line of credit, which will be invaluable to us as we continue to gain market share,” said Larry Boucher, president, CEO and founder, Alacritech, Inc. “We wanted to work with a bank that understands the technology sector and has the ability to provide increasingly sophisticated products as our company matures, and Comerica filled the bill on both counts.”

“Alacritech is strategically positioned at the forefront of the converging networking and storage markets, and its CEO has an excellent track record of successfully building companies,” said Alan Jepsen, senior vice president and managing director, Comerica’s Northern California Technology and Life Sciences Division. “Market penetration and management experience are two of the criteria we examine closely before making any type of credit facility commitment.”

About Alacritech, Inc.
Alacritech, Inc., led by industry visionary Larry Boucher, was founded to provide data acceleration solutions that enable the highest performance and efficiency in networked systems. Today, Alacritech is the world’s leading supplier of TCP Offload Engine (TOE) Network Interface Card (TNIC) solutions. Alacritech’s complete line of Accelerators is based on the company’s patented SLIC Technology to optimize data delivery in servers, network-attached storage and iSCSI storage devices. SLIC Technology, the first fully compatible and scalable TOE technology, is being delivered in the industry’s leading storage and server products. Alacritech is a privately held company based in San Jose, California. For more information about Alacritech and its products, please visit the company’s Web site at www.alacritech.com.

About Comerica Bank’s Technology and Life Sciences Division
Comerica’s Technology and Life Sciences Division is one of the nation’s leading technology banking practices, offering a wide range of financial services tailored to corporate customers, entrepreneurs and professionals. Veteran bankers provide credit and financial services and products to young, growing, professionally backed technology and life sciences companies, as well as their more mature counterparts. The Technology and Life Sciences Division serves all major U.S. technology centers from offices coast-to-coast. Comerica is among the 20 largest banking companies in the nation, with $55 billion in assets as of September 30, 2003. For more information, visit www.comerica.com.

Press Contacts: