3PAR to Be Listed on New York Stock Exchange

3PAR, Inc. has filed an application to list its common stock on the New York Stock Exchange ‘Big Board.’ Upon approval of its application, 3PAR expects that its shares of common stock will begin trading on the NYSE on December 11, 2008, under the symbol ‘PAR.’ Until that time, 3PAR will continue to trade on the NYSE Arca under the symbol ‘PAR.’

"We believe that listing on the NYSE will boost 3PAR’s visibility and profile among investors and decrease stock price volatility, ultimately increasing shareholder value," said David Scott, President and CEO of 3PAR. "This move to the ‘Big Board,’ where many of our customers and peers are listed, represents another significant milestone for 3PAR and we are excited to embark on this new journey with the NYSE."

3PAR announced its initial public offering on November 15, 2007 and began trading on the NYSE Arca the following day. 3PAR was recently named as one of the top 20 fastest 5-year growth companies in Silicon Valley in the category of Software and Information Technology by Deloitte’s 2008 Technology Fast 50 Award program.