Techworld Selects Mimosa Systems as a Finalist in Product of the Year Awards

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Santa Clara, Calif. — May 23, 2007 — Mimosa Systems™, a leading provider of Live Content Archiving solutions, today announced that Techworld has named its NearPoint™ for Microsoft® Exchange Server live content archiving solution as a finalist for the Backup Product of the Year Award for 2007. With over 200 entries each year, the industry award is considered a benchmark for excellence throughout the computer industry.

Recognition by Techworld is the latest in a growing list of awards for Mimosa, which recently received a Top 10 Product by Network World, TechTarget’s SearchExchange Product of the Year, and was named one of five “Storage Standouts” and a Top 75 Emerging Vendor by CRN magazine.

Mimosa NearPoint addresses critical customer requirements for email information archiving, eDiscovery, regulatory compliance, data protection, disaster recovery and storage optimization. The solution enables litigation readiness, business continuity and end-user search while reducing overall operational costs.

“The Techworld awards serve as a barometer for products that have made a significant impact in the computer industry over the last year,” said Criss Marshall, senior director of corporate marketing, Mimosa Systems. “Being nominated for a Product of the Year Award serves as further validation of the value we provide our customers and the technology leadership of the Mimosa solution.”

“Techworld recognizes individuals and technologies that are delivering on the highest standards of achievement in the computer industry,” said Max Cooter, editor Techworld. “Mimosa Systems received high marks across all of our evaluation criteria including strategy, creativity, innovation and effectiveness.”

More information about the Techworld Awards can be found at the Techworld website: www.techworld.com/awards.

About Mimosa

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

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Mimosa Systems

3200 Coronado Drive

Santa Clara, California 95054

www.MimosaSystems.com

408.970.9070

Mimosa, Mimosa Systems, Mimosa NearPoint and NearPoint are trademarks of Mimosa Systems. All other product and company names herein may be trademarks of their respective owners.

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