8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: April 25, 2005

SAN Holdings, Inc.

(Exact name of registrant as specified in its charter)

Colorado	0-16423	84-0907969
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

9800 Pyramid Court, Suite 130, Englewood, CO 80112

(Address of Principal Executive Offices) (Zip Code)

(303) 660-3933

Registrant’s telephone number, including area code

9800 Mount Pyramid Court, Suite 130, Englewood, CO 80112

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

On April 25, 2005, SANZ Inc., a wholly-owned subsidiary of SAN Holdings, Inc. issued a press release announcing that it has received an initial order in excess of $200,000 for the purchase of  its EarthWhere™ spatial data provisioning software and services from an undisclosed, Department of Defense agency for use in logistics support. The press release is furnished as Exhibit 99.1 and incorporated by reference in this Current Report on Form 8-K.

Note: Information in this report, including the exhibit, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934 or otherwise subject to the liabilities of that section. This report will not be deemed an admission as to the materiality of any information in the report that is disclosed pursuant to Item 7.01.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits The following is a complete list of exhibits filed as part of this Report. Exhibit numbers correspond to the numbers in the exhibit table of Item 601 of Regulation S-K.

Exhibit No.	Description
99.1	Press Release of SANZ, Inc. dated April 25, 2005

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized.

	SAN HOLDINGS, INC.
	By:	/s/ Robert C. Ogden
		Robert C. Ogden, Vice President, Chief
		Financial Officer and Secretary
Date: April 27, 2005

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EX-99.1

EXHIBIT 99.1

   

For Immediate Release: April 25, 2005

Contact: Melisa Harder

Product Marketing

SANZ EarthWhere

303-495-6300 ext. 345

or

303-898-9700 cell

mharder@sanz.com

SANZ EARTHWHERE ANNOUNCES LARGEST SOFTWARE

ORDER TO DATE

$200,000 Classified Contract with Federal Agency for Logistics Support

ENGLEWOOD, Colo.--(BUSINESS WIRE)—April 25, 2005 -- SANZ Inc. (OTCBB: SANZ), a leading provider of spatial data provisioning solutions, today announced they have received an initial order in excess of $200,000 for the purchase of their EarthWhere™ spatial data provisioning software and services from an undisclosed, Department of Defense agency for use in logistics support.

The primary objective of the implementation is to provide a Web-based cataloging and imagery provisioning tool that is seamlessly integrated with the agency’s legacy infrastructure.

“This is the largest single initial order for our software that we have received to date,” said Mark Hardy, Vice President and General Manager, SANZ Geospatial Solutions Group. “ Of even more significance, this client takes us into a new market segment - supporting a Web- based common operating picture for logistics support - which applies to other governmental and even commercial user environments.”

He continued, “Our software business is gaining significant momentum. Our list of enthusiastic clients is growing and our level of new account activity is higher than it has ever been. To date in 2005, we have already surpassed our 2004 total year software order level.”

--more--

For this particular implementation, EarthWhere provides real time and near real time access to a variety of raster imagery sources specific to the user’s defined area of interest. EarthWhere synthesizes multiple sources of source imagery data into a unique dataset developed on-demand for that specific end user. The impact is to provide additional support to the existing common operating picture, which enhances the end user’s decision-making capabilities.

About SANZ

SANZ is a nationwide data storage consulting and system integration firm focused exclusively on the design, deployment and support of intelligent data management. As part of its business model, SANZ has developed specialized expertise in the data management challenges of geotechnology users. SANZ software product, EarthWhere™, is a spatial data provisioning application that manages, processes and delivers customized spatial imagery. SANZ is a subsidiary of SAN Holdings.

For more information, or to see an EarthWhere demonstration, please contact Melisa Harder, product marketing at 303-495-6300 ext. 345 mharder@sanz.com or Mark Hardy, vice president and general manager, Geospatial Solutions Group 303-495-6300 ext. 301 mhardy@sanz.com.

Investor Relations: Liolios Group, Inc. Ron Both 949-574-3860 ron@liolios.com

FORWARD LOOKING STATEMENTS:

This press release contains statements that are “forward looking statements” under the federal Securities laws. Actual results could vary materially. Factors that could cause actual results to vary materially include, but are not limited to: component quality and availability, transition to new products, changes in business conditions, changes in the Company’s sales strategy, competition in the storage management engineering services marketplace, competitive pricing pressures, continued market acceptance of the Company’s products, delays in the development of new technology, changes in customer buying patterns, one-time events and other important factors disclosed previously and from time to time in the Company’s filings at the U.S. Securities and Exchange Commission.

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