Belhe`s appointments strengthen the Board in the areas ofgrowth initiatives business development financial management and investorrelations

Belhe`s appointments strengthen the Board in the areas ofgrowth initiatives, business development, financial management and investorrelations. Digitiliti also announced the posting on its web site of the requirements forresales of its “restricted securities” with the passage of one year from thefiling of its Form 10 Registration Statement. This information can be found at http:// About Digitiliti, Inc.: Digitiliti, based in St. Paul, Minnesota, is a pioneer and technology leader inthe on-line data management business. Digitiliti`s fast growth results from itsfocus on providing SMB/SME companies with enterprise class features and servicesthat are easy to use.

Digitiliti services include comprehensive off-site dataprotection, on-demand user scalability, rapid file restoration and disasterrecovery of data. Forward Looking Statements: This release may contain forward-looking statements. Actual results may differfrom those projected due to a number of risks and uncertainties, including, butnot limited to the possibility that some or all of the pending matters andtransactions considered by the Company may not proceed as contemplated. Thesestatements are made based upon current expectations that are subject to risk anduncertainty. The Company does not undertake to update forward-looking statementsin this news release to reflect actual results, changes in assumptions orchanges in other factors affecting such forward-looking information. Furtherdiscussion of risk factors can be found in the Company`s filings with theSecurities and Exchange Commission at http:// Digitiliti, Inc.Kris Caulfield, 651-925-3203 Copyright Business Wire 2009. (Corrects loan maturity in fifth paragraph to 2012 from 2010) LONDON, May 21 (Reuters) – Spanish electricity grid operatorRed Electrica (REE.MC) is exploring debt refinancing optionswith banks that may include syndicated loans or bonds, bankersclose to the talks said on Thursday Red Electrica could not immediately be reached for comment.

Red Electrica is a highly-rated company with a AA- ratingfrom Standard & Poor’s and A+ by Fitch and could attract aninterest margin of around 150 basis points (bps) on a loan, asenior banker said. Although an interest margin of 150 bps is a competitive ratein the current loan market, the company still faces increasedborrowing costs as the 900 million euro loan that it is seekingto refinance had an initial interest margin of 15 bps on aratings grid. Red Electrica secured the 900 million euro syndicated loanin 2005 via arrangers BBVA, Barclays, Citigroup and ING and thedeal is scheduled to mature in 2012, according to ThomsonReuters LPC data (Reporting by Zaida Espana & Tessa Walsh). * Revenue $506.3 mln vs Wall St view $475.86 mln Stocks * EPS excluding items 11 cents vs Wall St view 9 cents * Says confident it can exceed previous outlook * Shares rise 11 pct (Adds analyst’s comment, updates share move) By Ritsuko Ando NEW YORK, May 21 (Reuters) – Brocade Communications SystemsInc (BRCD.O) reported higher-than-expected quarterly results onThursday and said it would exceed its previous forecast for thefull year, helping the shares rise 11 percent. The network equipment maker, whose rivals include industryleader Cisco Systems Inc (CSCO.O), also said its acquisition ofFoundry Networks was helping it gain market share.

Brocade sells data storage and Internet protocol ethernetequipment, which helps companies handle large amounts of datatraffic in their networks. “The rapid integration of Foundry’s engineering, operationsand sales teams has helped make the increase in IP ethernetmarket share and customer demand possible, and we are pleasedthat the combined company is firing on all cylinders,” ChiefExecutive Michael Klayko said on a conference call. Revenue rose to $506.3 million in the fiscal second quarterthat ended May 2, from $354.9 million a year earlier. That washigher than the average analyst forecast of $475.9 millionaccording to Reuters Estimates.

Brocade said it was “very confident” in surpassing theforecasts for the full fiscal year it gave last quarter, of$1.9 billion to $2.0 billion in revenue and 40 cents to 50cents in earnings excluding items. But due in part to higher costs following the company’sacquisition of Foundry, it reported a quarterly net loss of$63.1 million, or 16 cents a share, compared to a profit of$91.4 million, or 23 cents per share. Sales and marketing costs rose around 50 percent to $104.9million while research and development costs rose 58 percent to$96.3 million. Profit excluding items of 11 cents, however, was betterthan the average analyst forecast of 9 cents. Brocade shares rose 70 cents to $6.92, bucking a fall inthe overall market. Both the company and analysts said the results showedBrocade was benefiting from both the Foundry acquisition aswell as much bigger rival Cisco’s recently-announced entry inthe computer server market — a move widely seen as a directchallenge to its sales partners like IBM (IBM.N). Brocade recently said it was bolstering ties with IBM, andinvestors saw that a sign it would gain more share throughsales partners upset about Cisco’s move.