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MIMOSA SYSTEMS SELECTED BY ALWAYSON AS AN AO100 TOP PRIVATE
COMPANY AWARD WINNER

Email Archiving Solution Provider Recognized for Leadership In Emerging Technology and Global Business Potential

Santa Clara , Calif. - July 23, 2007 - Mimosa Systems™, a leader in Live Content Archiving solutions, today announced that it has been chosen by AlwaysOn as one of the AO 100 Top Private Companies for 2007. The fifth-annual elite AO100 list was compiled by the AlwaysOn editorial panel. In order to be eligible for the AO100 list, companies had to be peer-nominated. AlwaysOn received more than 1,000 nominations from venture capital investors, investment bankers and other industry experts.

Mimosa Systems and the AO 100 Top Private Companies for 2007 will be honored at the AlwaysOn Stanford Summit to be held July 31 - Aug 2 at Stanford University. The Stanford Summit is a two-and-a-half-day executive gathering that highlights the significant economic, political, and commercial trends affecting the global technology industries. The idea behind the AO100 top private companies list is to identify the most promising entrepreneurial opportunities and investments in the global technology industry.  

The AO100 Top Private Companies award is the latest in a growing list of accolades for Mimosa and its email archiving solution. Awards received this year for the Mimosa NearPointT for Microsoft® Exchange Server software include a Top 50 Emerging Technology award by CRN magazine; Product of the Year in two categories by TechTarget's SearchExchange.com; and a Top 10 Product award by Network World. CRN also named Mimosa as one of five "Storage Standouts" and a Top 75 Emerging Vendor in 2006.

"We are proud to be recognized by AlwaysOn as a leader among private companies," said T.M. Ravi, president and CEO at Mimosa. "This award further validates our customer momentum in delivering innovative technology that supports information immediacy, discovery and continuity in one of the tech industry's fastest-growing markets."

A full list of all the AlwaysOn Top 100 Private Companies can be found on the AlwaysOn Web site at: http://alwayson.goingon.com/permalink/post/15899

About The AlwaysOn Stanford Summit: The Stanford Summit is a two-and-a-half-day executive gathering that highlights the significant economic, political and commercial trends affecting the global technology industries. The Stanford Summit features the most innovative companies, eminent technologists, influential investors and journalists in keynote presentations, panel debates and private company CEO showcases. The Stanford Summit's goal is to identify the most promising entrepreneurial opportunities and investments in the global tech industry.

About AlwaysOn
AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (S tanford Summit , AlwaysOn Hollywood , AlwaysOn Media and GoingGreen ) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.

About Mimosa NearPoint
Mimosa NearPoint addresses critical customer requirements around email information archiving, eDiscovery, regulatory compliance, business continuity, and storage optimization. Mimosa NearPoint provides legal search workflow, immediate mailbox and message recovery, disaster recovery, email 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 Mimosa
Mimosa Systems, Inc. delivers next-generation information management solutions for information immediacy, discovery and continuity. Mimosa NearPointT 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 Info rmation 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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