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Network Hardware Resale Expands Worldwide Executive Management Team

to Support Geographic Expansions and Continued Business Growth

Fassett, Wolthuis and Siever to Lead Global Sales and Operations Efforts
while CFO Platt Adds COO Responsibilities

Santa Barbara, Calif. ─ March 5, 2007 ─ Network Hardware Resale (NHR), the leading
provider of pre-owned and new networking equipment, today announced a newly expanded
management team to fuel continued business growth, including the promotions of several key
executives as well as the appointment of a new general manager for Europe.

Glenn Fassett, a long-time NHR executive, has transitioned from the company’s European
headquarters to Singapore, where NHR is anchoring its new Asia-Pacific operation. As the new
general manager of Asia-Pacific, Fassett will leverage his international experience and
outstanding sales record to accelerate business throughout the region. In conjunction with this
move, NHR has welcomed onboard Robert Wolthuis, who succeeds Fassett in heading the
company’s European operations from its Amsterdam office. As the general manager of EMEA,
Wolthuis will apply his experience as a business entrepreneur, venture capitalist and investment
banker to sustain market momentum throughout Europe.

“We are thrilled that Glenn and Robert will be leading our international sales efforts as they
epitomize NHR’s unceasing mission to be the most trusted worldwide resource for pre-owned
networking equipment,” said Mike Sheldon, president and CEO of NHR. “Glenn has been an
outstanding asset in growing NHR’s business throughout Europe and is well-positioned to
oversee our emerging Asia-Pacific operations. Meanwhile, Robert brings a wealth of business
experience and international sales expertise to fuel our continuing EMEA growth.”

NHR also has announced that Bryan Siever has been promoted to general manager of the
Americas, following his tenure as the company’s vice president of sales. An industry veteran who
joined the company in 2005, Siever has more than a decade of sales management and
organizational development experience. Additionally, CFO Karen Anne Platt has added the duties
of chief operating officer to her responsibilities. A certified public accountant with more than two
decades of experience, Platt joined the company as CFO in 2000 and has played a major role in
guiding NHR’s financial growth and global business best practices.

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“Over the years, Karen Anne and Bryan have made many major contributions to ensure our
company’s continuing success,” added Sheldon. “Bryan’s strong leadership skills and acute
business acumen have led to record-breaking sales throughout the Americas. Karen Anne also has
been instrumental in supporting our rapidly growing organization. The addition of chief operating
officer duties is in recognition of her financial strengths, organizational abilities and long-term,
global vision for NHR.”

Earlier this month, NHR announced 2006 revenues of $138 million, representing a 31 percent
year-over-year growth rate. The milestone 2006 financial performance contributed to positive
EBITDA for the 28th consecutive quarter.

NHR currently offers a full range of complete network fulfillment, disaster recovery, testing and
sparing as well as asset recovery solutions. As one of the first providers in the secondary market
to offer standard one-year warranties on all equipment, NHR continually embraces business best
practices to ensure product integrity and the highest levels of quality customer service.

About Network Hardware Resale


Network Hardware Resale (NHR) is a leading provider of high-performance pre-owned Cisco,
Extreme and Juniper networking equipment. The company also is an authorized reseller of
resilient, massively scalable networking gear from Force10 Networks. Founded in 1986, the
Santa Barbara, Calif.-based organization has been recognized by Inc. Magazine as one of the
fastest growing private companies in the United States for four consecutive years. NHR provides
global sales and technical support from its California, New York City metro and Amsterdam
locations. More than 10,000 organizations worldwide purchase quality networking equipment
from NHR, including Global 1000 companies, small and mid-sized enterprises, government
entities, educational institutions, healthcare organizations and telecommunications service
providers. For more information, visit www.networkhardware.com.

CONTACT:

Sarah Beene
Network Hardware Resale
805-690-3701
sarah@networkhardware.com

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