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MIMOSA EXPANDS INTO JAPANESE MARKET TO CAPITALIZE ON STRONG DEMAND FOR EMAIL ARCHIVING

Mimosa Signs Distribution Deal with Macnica Networks; Delivers Japanese Version of NearPoint

SANTA CLARA, Calif. — May 13, 2008 — Mimosa Systems, a leader in live content archiving solutions, today announced its expansion into the Japanese market after signing a distribution deal with Macnica Networks, a major distributor of network appliances, software, telecom and storage solutions with more than 20 years of experience in selling and localizing software for the Japanese market. Macnica will sell and support Mimosa's Japanese version of Mimosa NearPoint™, which is transforming the content archiving market worldwide.

Japanese Version of Sarbanes-Oxley (J-SOX) Drives Need for Email Archiving
Similar to their counterparts in the United States, Japanese companies are facing their own version of the corporate accounting law, dubbed J-SOX, which went into effect on April 1, 2008. J-SOX requires that companies bolster their computer systems to better manage email and documents, store information for long periods, and keep tabs on employee access to information. J-SOX is creating strong demand for a next-generation content archiving solution such as Mimosa NearPoint.

Mimosa NearPoint addresses critical business and regulatory requirements for content archiving, data protection, disaster recovery, and storage optimization — all in a single platform offering. The solution enables J-SOX compliance, business continuity, and end-user search, while reducing overall operational costs.

“For Japanese companies preparing for J-SOX, one of the greatest challenges they face is managing their email information,” said Masahiro Miyabukuro , president , Macnica Networks. “The Japanese market is eager for a world-class email archiving solution such as NearPoint, which will not only help companies comply with J-SOX, but will also help them to streamline their storage environment and lower costs.”

“We look forward to working with Macnica Networks, which has an excellent distribution system, years of experience in product localization, and strong partnerships with large system integrators, ” said T.M. Ravi, CEO, Mimosa Systems. “Macnica will ensure that our Japanese customers receive the first-class service and support that our customers worldwide expect from us.”

About Mimosa NearPoint
Mimosa NearPoint addresses critical customer requirements around content archiving, eDiscovery, regulatory compliance, business continuity, and storage optimization in a unified solution. Mimosa NearPoint provides legal search workflow, immediate mailbox and message recovery, disaster recovery, email, instant message and file archiving, and self-service search and access in one solution. By leveraging cost-effective storage, NearPoint also optimizes content storage and reduces overall infrastructure costs.

About Mimosa
Mimosa Systems, Inc. delivers next-generation content archiving solutions for information immediacy, discovery, and continuity. Mimosa NearPoint is the industry's most comprehensive unstructured information management software solution for email, files, and instant messages, enabling archiving, eDiscovery, storage management, and recovery in a unified solution. Mimosa is a Microsoft Gold Certified Partner, recognized for its competencies in networking infrastructure solutions, ISV/software solutions, and advanced infrastructure solutions. 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 Germany, the United Kingdom, Japan, and India. For more information, see www.MimosaSystems.com.

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

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