The Frost & Sullivan Green Excellence Award in Technology Innovation is presented to a company that has demonstrated superior technological advancement, which is aligned with a sustainable and environmentally conscious objective within its industry sector. This Award signifies the company's identification of a unique and revolutionary solution with significant environmental benefits, while presenting tremendous market potential simultaneously. Moreover, the Award also signifies that the company's overall business strategy is sound and poised for success.

Frost & Sullivan is pleased to recognize Ocarina Networks with the 2008 Green Excellence of the Year Award for its breakthrough implementation of a novel storage optimization technique that brings down power, cooling, and storage costs, as well as reduces the digital footprint, and thereby the carbon footprint, involved with online storage. With this remarkable achievement, Ocarina Networks has helped advance a new era of ‘green' storage that brings back file compression to the forefront of enabling environmentally friendly storage solutions.