Silicon Mountain Signs Agreement to Acquire Remote Backup Technology

Monday February 11, 3:53 pm ET

BOULDER, Colo., Feb. 11, 2008

 /PRNewswire-FirstCall/

Silicon Mountain Holdings, a technology holding company of niche computing brands, today announced that it has entered into an agreement with a specialized software developer based in New Zealand to acquire intellectual property related to direct remote backup technology. The acquisition of this proven online storage utility will accelerate delivery-to-market for a planned online remote backup service to be launched by Silicon Mountain Holdings later this year.

“We plan to integrate this remote backup utility with a number of our server and storage product lines including our new line of Smart Media NAS appliances,” said Tre’ Cates, CEO at Silicon Mountain. “The growing demand to access, share, protect and organize digital memories and assets such as music and video libraries as well as valuable business information, requires more than just a robust local back up solution. We believe that remote access and remote storage management will soon be a defining requirement for all home and small business users and Silicon Mountain will be able to offer intuitive solutions to meet the demand.”

The new, yet-to-be-named remote backup and storage service from Silicon Mountain Holdings will be available in the first-half of 2008.

About Silicon Mountain Holdings

Silicon Mountain Holdings, Inc. (OTC Bulletin Board: SLCM - News) builds and acquires niche brands that provide trusted computing solutions for growing digital demands. Additional news and information about the company is available at http://www.slcmholdings.com.

This release may contain forward-looking statements regarding the future and expected performance of Silicon Mountain Holdings, Inc. based on assumptions that the Company believes are reasonable. No assurances can be given that these statements will prove to be accurate. A number of risks and uncertainties could cause actual results to differ materially from these statements, including, without limitation, reduced customer demand, higher costs for components, labor, and other aspects of manufacturing, assembling and/or marketing, increased competition, and other risk factors described in the Company’s Joint Definitive Proxy Statement, Form 8-K, and other reports filed with the Securities and Exchange Commission. Silicon Mountain Holdings, Inc. undertakes no obligation to publicly update these forward-looking statements, whether as result of new information, future events or otherwise.

Contact:
Juan Perez
Chief Financial Officer
Silicon Mountain Holdings, Inc.
Phone:               303-951-9372       
E-mail: