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Egenera Inc. and Pernec Corporation Announce Distributor Agreement

Marlboro, Mass.—February 24, 2006—Egenera Inc., a global leader in utility computing, today announced Pernec Corporation as a newly signed distributor to sell the Egenera® BladeFrame® product line throughout Malaysia, Indonesia and Brunei. Pernec Corporation is a Malaysian J/V company between Amanah Raya Berhad (ARB), NEC Corporation Japan (NEC) and Permodalan Nasional Berhad (PNB).

"To accommodate Egenera's rapid expansion in the Asia Pacific region, we are entering into a distributor agreement with Pernec Corporation," said Mike Thompson, chief operating officer, Egenera. "Pernec is Malaysia's leading information and communication technology company; to have captured such a significant share of the market shows true dedication and business value. We are pleased that Pernec has chosen to distribute our technology and products in their territory and welcome them whole-heartedly to our global network of premier distributors."

"Pernec's vision is to provide an all-encompassing solution in the information and communication technology (ICT) sector to Malaysia and abroad by delivering effective, reliable and dependable solutions to customers," explained Shaharom Md Shariff, managing director, Pernec. "We are excited to forge an alliance with Egenera, a company that offers utility computing solutions that deliver cost-effectiveness, agility, simplicity and high availability to customers. Because of our similar values, goals and vision, Pernec sees Egenera as an ideal fit."

About Pernec Corporation
Pernec Corporation (PERNEC) is a Malaysian J/V company between Amanah Raya Berhad (ARB), NEC Corporation Japan (NEC) and Permodalan Nasional Berhad (PNB) providing Information and Communication Technology (ICT) solutions to customers in Malaysia and abroad. Pernec was established in 1973 through a J/V between Pernas Engineering Sdn Bhd of Malaysia and Nippon Electric Company of Japan. In 1974, the company ventured into manufacturing of NEC multiplexing equipment. By the early 90s, Pernec had captured a significant market share in Malaysia by supplying telecommunication equipment, particularly to Telekom Malaysia Berhad. Since then, PERNEC has positioned itself to be the leading Malaysian company in ICT. More information is available at www.pernec.com.my.

Press Contacts
Nancy Keswani
Egenera, Inc.
508-858-2605
nkeswani@egenera.com

Scott Bauman
Greenough Communications
617-275-6518
sbauman@greenoughcom.com

About Egenera Inc.
Egenera is a global leader in delivering computing solutions that simplify datacenter operations and infrastructure. The Egenera BladeFrame product family simplifies the datacenter with an innovative server architecture specifically designed to reduce complexity and enable IT to respond rapidly to business requirements. Market-leading enterprises around the world trust the Egenera BladeFrame system to run their most important business applications and achieve higher resource utilization, faster application time to market and lower total cost of ownership. Headquartered in Marlboro, Mass., Egenera has offices worldwide. For more information visit www.egenera.com, call 508-858-2600 or send email to info@egenera.com.

Egenera, Egenera stylized logos and BladeFrame are registered trademarks of Egenera Inc. in the United States and other countries. All other product names, service marks and trademarks mentioned herein are trademarks of their respective owners.