Mimosa Named Finalist in CODiE Awards 2006; Mimosa NearPoint Noted in Best Storage Software Solution Category

Business Wire, Jan 30, 2006

SANTA CLARA, Calif. -- Mimosa Systems(TM), Inc., a leader in unified information management solutions, today announced that the Software and Information Industry Association (SIIA) has named Mimosa NearPoint(TM) for Microsoft(R) Exchange Server as a 2006 CODiE Award Finalist for Best Storage Software Solution.

"The 21st Annual CODiE Awards continue the tradition of honoring the best of the software, information and education technology industries," said Ken Wasch, SIIA President. "When one considers the number of outstanding companies that competed this year, being named a CODiE Awards Finalist is a significant achievement."

Mimosa NearPoint is a next-generation software solution that addresses critical customer requirements around e-mail recovery, storage optimization, legal discovery and regulatory compliance. A comprehensive solution for e-mail information management, Mimosa NearPoint provides immediate mailbox and message recovery, disaster recovery, e-mail archiving and self-service search and access in one solution. By leveraging cost-effective storage, NearPoint also optimizes e-mail storage and reduces overall infrastructure costs.

"Mimosa is honored to be named as a finalist for this celebrated industry award. This recognition underscores the innovation Mimosa NearPoint delivers in the email information management area," states T.M. Ravi, President & CEO, Mimosa Systems. "As email, documents and other new user generated information continues to escalate in importance as a business record, Mimosa's solutions will provide industry leading solutions to effectively manage the archiving, search, access, and recovery of this critical data."

The CODiE Awards showcase the software and digital content industry's finest products and services, and remain the standard-bearer for celebrating outstanding achievement and vision. The only industry competition of its kind, the CODiE Awards program provides companies with peer recognition and praise. The 2006 CODiE Award winners will be announced on Tuesday, May 16, 2006, at the Westin St. Francis Hotel in San Francisco.

A complete listing of CODiE Award finalists can be found at http://www.siia.net/codies/2006/finalists.asp.> About Mimosa NearPoint

Mimosa NearPoint addresses critical customer requirements around e-mail recovery, storage optimization, legal discovery and regulatory compliance. A comprehensive solution for e-mail information management, Mimosa NearPoint provides immediate mailbox and message recovery, disaster recovery, e-mail archiving and self-service search and access in one solution. By leveraging cost-effective storage, NearPoint also optimizes e-mail storage and reduces overall infrastructure costs.

About SIIA

The Software and Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 600 leading software and information companies. For further information, visit http://www.siia.net.

About Mimosa

Mimosa Systems, Inc. delivers next-generation information management solutions for information immediacy, discovery and continuity. Mimosa NearPoint(TM) for Microsoft(R) Exchange Server is the industry's most comprehensive information management software solution for Microsoft Exchange, unifying e-mail recovery, archiving and storage optimization. NearPoint assures e-mail continuity and regulatory compliance, while leveraging cost-effective disk technologies to optimize e-mail storage growth. Mimosa is a Microsoft Gold Certified Partner recognized for its competencies in Networking Infrastructure Solutions and ISV Software Solutions. Mimosa is a privately held company whose investors include August Capital, Clearstone Venture Partners, Dot Edu Ventures and JAFCO Ventures. Mimosa was founded in 2003 and is based in Santa Clara, California and Pune, India. For more information see www.mimosasystems.com.