July 10, 2001

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549


         Re:   Nexsan Corporation
               Form SB-2
               File No. 333-58182
               ------------------


Ladies and Gentlemen:

         This correspondence constitutes Nexsan Corporation's (the "Registrant")
application to withdraw its entire pre-effective registration statement on Form
SB-2 (the "Registration Statement") pursuant to the provisions of Rule 477 of
the Rules and Regulations promulgated under the Securities Act of 1933.

         The basis upon which the Registrant makes its application for
withdrawal of the Registration Statement is its requirement for current
financing which it believes it will not be able to obtain during such time as
selling shareholders may sell shares of the Registrant's common stock pursuant
to an effective registration statement covering those shares, such as the
Registration Statement being withdrawn hereby.

         Please contact the undersigned at (818) 715-9111 or our special
securities counsel, William P. Ruffa, Esq., at (212) 355-0606, with any
questions regarding this correspondence.

         The Registrant has duly caused this withdrawal letter to be signed on
its behalf by the undersigned thereunto duly authorized.



                                                 NEXSAN CORPORATION

                                                 By: /s/ Martin Boddy
                                                     ---------------------------
                                                         Martin Boddy, President