Award-Winning Content Archiving Solution Addresses J-SOX Compliance Requirements for Japanese Financial Instruments and Exchange Law
Santa Clara, Calif .– June 30, 2008 – Mimosa Systems, a leader in live content archiving solutions, today announced that its NearPoint™ solution has received the Best In Show award at INTEROP Tokyo. Mimosa NearPoint addresses critical customer requirements for content archiving, eDiscovery, regulatory compliance, data protection, disaster recovery and storage optimization in a unified offering. The solution enables litigation readiness, business continuity and end-user search while reducing overall operational costs. NearPoint, launched in Japan this March, is sold and supported by Macnica Networks, a major Japanese distributor.
Japanese Version of Sarbanes-Oxley (J-SOX) Drives Need for Content Archiving
Similar to their counterparts in the United States, Japanese companies are facing their own version of the corporate accounting law, dubbed J-SOX– the Financial Instruments and Exchange Law – which went into effect 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 a strong demand for a next-generation content archiving solution such as Mimosa.
“We are very honored to receive this prestigious industry award,” said Scott Whitney, vice president of product management of Mimosa. “It reinforces our market leadership in delivering the industry's most comprehensive content archiving solution and validates the excellence of our product for Japanese companies that need a fast and reliable solution for their data archiving needs.”
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 and advanced classification rules, 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 Clearstone Venture Partners, August Capital, JAFCO Ventures, Mayfield Fund and Focus Ventures. Mimosa was founded in 2003 and is based in Santa Clara, California, with offices in Germany, the United Kingdom, Japan, China, Australia 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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