X1 Technologies Surpasses 300 Enterprise Customers

Business Wire, May 21, 2008

X1 Technologies Momentum Accelerates as it Reaches Important Milestone

PASADENA, Calif. -- X1 Technologies, Inc., the innovator in enterprise search solutions, today announced an important milestone in the company's history. The company has surpassed 300 customers who have deployed the X1 Enterprise Search Suite. In addition, the company exceeded its sales record when a leading financial institution purchased over 70,000 seats for deployment worldwide. Beyond the 300 enterprise customers, the award winning X1 Professional Client has been purchased and deployed by hundreds of thousands of individuals and small and medium businesses.

"X1 offers a truly innovative solution in the enterprise search market with our single-pane-of-glass view and federated search capabilities that unify data from multiple sources, including 3rd party search engines," said John Waller, President and COO of X1 Technologies. "Surpassing 300 enterprise customers is a testament to the scalability and unique value-add our solution has that spans enterprise applications to the desktop."

Record Rate of Enterprise Deployments

Many high-profile customers have implemented X1 Enterprise Search Suite solutions to simplify the complexity of finding and acting upon disparate data found in multiple locations and applications. These customers range from leading global financial installations to large law firms and technology companies. The core of X1's success lies in the patented "find-as-you-type" search capability that takes up to one tenth of the resources of similar enterprise search solutions.

"The X1 solution is uniquely fitted to large enterprise customers that need immediate access to large amounts of disparate information located throughout an organization," said Scott Torvik, Vice President of Sales and Business Development, X1 Technologies. "At the same time, enterprise customers require a powerful group of features including advanced security and support for multiple repositories."

The X1 Enterprise Search Suite

The X1 Enterprise Search Suite consists of 3 components: The X1 Enterprise Server, The X1 Professional Client and a suite of 16 packaged Content Connectors that provide unified access to popular enterprise applications and repositories. These content connectors include support for applications from Microsoft, Oracle and Symantec, among others.

Key to the X1 Enterprise Search Suite is the award winning X1 Professional Client which provides a unifying experience for customers to search their computer, email and network through a single, powerful interface. The X1 Professional Client allows users to instantly find preview and take action on information regardless of where it resides or what form it takes. This greatly increases end-user productivity by eliminating time spent hunting through various applications, email, file folders and repositories.

About X1 Technologies

X1 Technologies, the innovator in enterprise search solutions was founded in 2003 with the vision of providing a single user interface capable of previewing and acting upon data anywhere in the enterprise. X1's patented search technology scales from a single server to tens of thousands of desktops. Innovations pioneered by X1 include find-as-you-type searching along with unified, actionable search. X1 is a technology partner with leading companies such as Microsoft, Oracle and Symantec. Headquartered in Pasadena, California, X1 is an operating company of Idealab. For more information, visit http://www.x1.com or call 626-229-3050.

X1 is a registered trademark of X1 Technologies, Inc. All other trademarks are the property of their respective owners.

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