Exhibit 99.5

SimpleTech, Inc.

Pro Forma Financial Information

(Unaudited)

Introduction

On February 9, 2007, SimpleTech, Inc. (the “Company”) completed the sale of assets of its Consumer Division to Fabrik, Inc. for approximately $43 million. The following Unaudited Pro Forma Consolidated Financial Statements have been prepared to illustrate the effect of the sale of assets of the Consumer Division, as a discontinued operation, on the historical financial position and results of operations of the Company.

The Unaudited Pro Forma Consolidated Statements of Operations for the nine months ended September 30, 2005 and 2006, and for the years ended December 31, 2003, 2004 and 2005, reflect the sale of assets of the Consumer Division that occurred on February 9, 2007, as if it had occurred as of January 1, 2003. The Unaudited Pro Forma Consolidated Balance Sheet reflects the sale of assets of the Consumer Division as if the sale occurred on September 30, 2006.

The Unaudited Pro Forma Consolidated Financial Statements are based upon available information and assumptions that the Company believes are reasonable under the circumstances. The Unaudited Pro Forma Consolidated Financial Statements have been provided for information purposes and are not necessarily indicative of the financial condition or results of operations that would have been achieved had the sale of assets of the Consumer Division occurred on the date indicated. Assumptions underlying the pro forma adjustments are described in the accompanying notes, which should be read in conjunction with the Unaudited Pro Forma Consolidated Financial Statements. The Unaudited Pro Forma Consolidated Financial Statements, including the notes thereto, should be read in conjunction with the historical financial statements of the Company included in its Quarterly Report on Form 10-Q for the period ended September 30, 2006, and in its Annual Report on Form 10-K for the year ended December 31, 2005.

The results of the sale of Consumer Division assets will be accounted for as a discontinued operation in the first quarter of 2007, in accordance with Statement of Financial Accounting Standards No. 144 “Accounting for the Impairment or Disposal of Long-Lived Assets,” when the Company issues its financial statements for the first period that ends after completing the sale of assets of the Consumer Division.

SimpleTech, Inc.

Pro Forma Consolidated Balance Sheet

As of September 30, 2006

(Unaudited)

(in thousands)

	Historical SimpleTech, Inc.(5)		Sale of Consumer Division Assets(6)			Pro Forma SimpleTech, Inc.
Current Assets:
Cash & Cash Equivalents	$	37,826	$	58,517	(1)	$	96,343
Accounts Receivable, Net		60,912		(28,672	)(2)		32,240
Inventory, Net		75,504		(35,981	)(2)		39,523
Deferred Income Taxes		2,317					2,317
Other Current Assets		1,926					1,926
Total Current Assets		178,485		(6,136	)		172,349
Furniture, Fixtures and Equipment, Net	$	10,578	$	(187	)(2)	$	10,391
Intangible Assets, Net		852					852
Goodwill		1,682					1,682
Other Long-Term Assets		1,773					1,773
Deferred Income Taxes		2,429					2,429
Total Assets	$	195,799	$	(6,323	)	$	189,476
Current Liabilities:
Accounts Payable	$	38,637	$	(13,290	)(2)	$	25,347
Accrued and Other Liabilities		8,697		1,573	(2)(3)(8)		10,270
Total Liabilities		47,334		(11,717	)		35,617
Shareholders’ Equity
Preferred Stock
Common Stock		47					47
Additional Paid-In Capital		120,285					120,285
Retained Earnings		28,133		5,394	(4)		33,527
Total Shareholders’ Equity		148,465		5,394			153,859
Total Liabilities & Shareholders’ Equity	$	195,799	$	(6,323	)	$	189,476

SimpleTech, Inc.

Pro Forma Consolidated Statement of Operations

For the Nine Months Ended September 30, 2006

(Unaudited)

(in thousands, except per share data)

	Historical  SimpleTech, Inc.(5)		Sale of Consumer Division Assets(6)			Pro Forma  SimpleTech, Inc.
Net revenues	$	237,795	$	96,326		$	141,469
Cost of revenues		182,097		83,910			98,187
Gross profit		55,698		12,416			43,282
Operating expenses:
Sales and marketing		20,182		8,754			11,428
General and administrative		10,282		1,889			8,393
Research and development		6,808		102			6,706
Total operating expenses		37,272		10,745			26,527
Operating income		18,426		1,671			16,755
Interest income and other		1,378					1,378
Income before provision for income taxes		19,804		1,671			18,133
Provision for income taxes		7,432		675	(7)		6,757
Income from continuing operations	$	12,372	$	996		$	11,376
Income from continuing operations per share:
Basic	$	0.27				$	0.25
Diluted	$	0.26				$	0.24
Shares used in income from continuing operations computation:
Basic		45,773					45,773
Diluted		47,156					47,156

See accompanying notes to the unaudited pro forma consolidated financial statements.

SimpleTech, Inc.

Pro Forma Consolidated Statement of Operations

For the Nine Months Ended September 30, 2005

(Unaudited)

(in thousands, except per share data)

	Historical  SimpleTech, Inc.(5)		Sale of Consumer Division Assets(6)			Pro Forma  SimpleTech, Inc.
Net revenues	$	198,737	$	100,916		$	97,821
Cost of revenues		161,054		87,138			73,916
Gross profit		37,683		13,778			23,905
Operating expenses:
Sales and marketing		17,750		10,001			7,749
General and administrative		9,459		1,796			7,663
Research and development		4,709		122			4,587
Total operating expenses		31,918		11,919			19,999
Operating income		5,765		1,859			3,906
Interest income and other		1,219					1,219
Income before provision for income taxes		6,984		1,859			5,125
Provision for income taxes		2,175		751	(7)		1,424
Income from continuing operations	$	4,809	$	1,108		$	3,701
Income from continuing operations per share:
Basic	$	0.11				$	0.08
Diluted	$	0.10				$	0.08
Shares used in income from continuing operations computation:
Basic		45,326					45,326
Diluted		46,809					46,809

See accompanying notes to the unaudited pro forma consolidated financial statements.

SimpleTech, Inc.

Pro Forma Consolidated Statement of Operations

For the Twelve Months Ended December 31, 2005

(Unaudited)

(in thousands, except per share data)

	Historical  SimpleTech, Inc.(5)		Sale of Consumer Division Assets(6)			Pro Forma  SimpleTech, Inc.
Net revenues	$	261,988	$	133,678		$	128,310
Cost of revenues		212,887		115,609			97,278
Gross profit		49,101		18,069			31,032
Operating expenses:
Sales and marketing		24,179		13,100			11,079
General and administrative		12,705		2,410			10,295
Research and development		6,560		160			6,400
Total operating expenses		43,444		15,670			27,774
Operating income		5,657		2,399			3,258
Interest income and other		1,629					1,629
Income before provision for income taxes		7,286		2,399			4,887
Provision for income taxes		1,713		969	(7)		744
Income from continuing operations	$	5,573	$	1,430		$	4,143
Income from continuing operations per share:
Basic	$	0.12				$	0.09
Diluted	$	0.12				$	0.09
Shares used in income from continuing operations computation:
Basic		45,243					45,243
Diluted		46,625					46,625

See accompanying notes to the pro forma consolidated financial statements.

SimpleTech, Inc.

Pro Forma Consolidated Statement of Operations

For the Twelve Months Ended December 31, 2004

(Unaudited)

(in thousands, except per share data)

	Historical SimpleTech, Inc.		Sale of Consumer Division Assets(6)			Pro Forma SimpleTech, Inc.
Net revenues	$	275,432	$	143,736		$	131,696
Cost of revenues		228,269		122,136			106,133
Gross profit		47,163		21,600			25,563
Operating expenses:
Sales and marketing		19,875		11,866			8,009
General and administrative		10,106		1,949			8,157
Research and development		4,295		200			4,095
Total operating expenses		34,276		14,015			20,261
Operating income		12,887		7,585			5,302
Interest income and other		1,052					1,052
Income before provision for income taxes		13,939		7,585			6,354
Provision for income taxes		5,158		3,091	(7)		2,067
Income from continuing operations	$	8,781	$	4,494		$	4,287
Income from continuing operations per share:
Basic	$	0.18				$	0.09
Diluted	$	0.17				$	0.09
Shares used in income from continuing operations computation:
Basic		47,707					47,707
Diluted		49,563					49,563

See accompanying notes to the pro forma consolidated financial statements.

SimpleTech, Inc.

Pro Forma Consolidated Statement of Operations

For the Twelve Months Ended December 31, 2003

(Unaudited)

(in thousands, except per share data)

	Historical SimpleTech, Inc.(5)		Sale of Consumer Division Assets(6)			Pro Forma SimpleTech, Inc.
Net revenues	$	211,806	$	153,382		$	58,424
Cost of revenues		175,927		130,348			45,579
Gross profit		35,879		23,034			12,845
Operating expenses:
Sales and marketing		18,787		12,713			6,074
General and administrative		10,077		1,901			8,176
Research and development		2,445		193			2,252
Total operating expenses		31,309		14,807			16,502
Operating income		4,570		8,227			(3,657	)
Interest income and other		557					557
Income before provision for income taxes		5,127		8,227			(3,100	)
Provision for income taxes		1,645		3,164	(7)
Income (loss) from continuing operations	$	3,482	$	5,063		$	(1,581	)
Income (loss) from continuing operations per share:
Basic	$	0.09				$	(0.04	)
Diluted	$	0.08				$	(0.04	)
Shares used in income (loss) from continuing operations computation:
Basic		40,409					40,409
Diluted		42,560		(2,151	)(9)		40,409

See accompanying notes to the pro forma consolidated financial statements.

SimpleTech, Inc.

Notes to the Pro Forma Consolidated Financial Statements

(Unaudited)

(dollars in thousands)

(1) To record cash consideration of $59,721. The cash consideration was based on September 30, 2006 net working capital of the Consumer Division plus approximately $10,000. In accordance with the Purchase Agreement, the Company will receive gross proceeds from the sale of Consumer Division assets of approximately $10,000 plus the net working capital as of the date of sale. On February 9, 2007, the Company received proceeds of approximately $43,000, representing approximately $10,000 in excess of the estimated net working capital of approximately $33,000 of the Consumer Division as of February 8, 2007. The actual consideration received will be adjusted based on the finalization of the actual net working capital as of February 8, 2007.

(2) Represents adjustments to eliminate assets and liabilities of the Consumer Division.

(3) To accrue for estimated transaction expenses associated with the sale of approximately $1,300.

(4) To record the preliminary gain on the sale of assets of the Consumer Division based on cash consideration of $59,721 which represents $10,000 over net working capital as of September 30, 2006.

Proceeds received	$	58,517
Net assets sold		(48,517	)
Accrued transaction expense		(1,300	)
Gain on sale before taxes	$	8,700
Income taxes		(3,306	)
Net gain	$	5,394

On February 9, 2007, the Company received proceeds of approximately $43,000 representing approximately $10,000 in excess of the estimated net working capital of approximately $33,000 of the Consumer Division as of February 8, 2007. The gain on sale is preliminary and subject to change upon finalization of the Company’s financial statements for the first quarter ended March 31, 2007. The gain has not been included in the pro forma income statement but will be reflected in the historical financial statements when consummated.

(5) Represents the Consolidated Statements of Operations and Consolidated Balance Sheet included in the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2006, and the Consolidated Statements of Operations included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2005.

(6) Represents adjustments to eliminate the results of operations of the Consumer Division that the Company believes are directly attributable to the sale of Consumer Division assets, factually supportable and will not continue after the sale.

(7) Represents tax provision allocated to discontinued operations after the allocation to continuing operations.

(8) Represents income tax liability as a result of the sale of approximately $3,306.

(9) Represents adjustment to diluted number of shares as their inclusion would have been anti-dilutive for the period presented.