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Adoption of Mimosa NearPoint Triples Over 12-Month Period as Demand for Email Archiving Rapidly Accelerates

Mimosa Systems Scales to Meet Demand with Appointment of
Worldwide Sales Veteran, Christophe Culine

Santa Clara, Calif. - August 28, 2007 - Mimosa SystemsT, a leader in Live Content Archiving solutions, today announced that the Company is experiencing triple-digit customer growth, increasing the number of customers more than 300 percent over the period from August 1, 2006 to August 1, 2007. The Company's revenue is being driven by the combination of demand for proactive corporate governance and electronic discovery solutions, along with Mimosa's technology leadership to address these demands. To support growing demand and future sales initiatives for Mimosa's content archiving platform and applications, the Company has appointed industry veteran Christophe Culine as senior vice president of worldwide sales.

"Mimosa recently closed $17 million in Series C financing to be used to enhance sales and marketing activities to grow market share of our next-generation email archiving solution, Mimosa NearPoint," said T.M. Ravi, president and chief executive officer of Mimosa Systems. "We are executing against that strategy with the announcement today of Christophe Culine as senior vice president of worldwide sales. He will help Mimosa build direct and indirect channels, as well as expand our sales organization for cost-effective revenue growth and worldwide expansion."

With nearly two decades of global sales experience, Culine joins Mimosa Systems with proven success in building and managing extensive international sales networks. Most recently Culine was senior vice president of worldwide field operations for Mirapoint. He has also held senior executive sales positions at Fortinet, GRIC Communications, and NCD. While at GRIC, Culine helped move the company to a successful IPO.

"With several factors driving demand for email archiving and electronic discovery solutions, Mimosa sees tremendous opportunity to enter new international markets while expanding our existing operations in the United States," said Christophe Culine, senior vice president of Worldwide Sales for Mimosa Systems. "As the leading pure-play email archiving vendor, Mimosa is capitalizing on its technology superiority to aggressively gain market share in this rapidly growing market."

As Mimosa asserts its position in the market, its business direction will center on growth of the Company's global sales organization. Currently Mimosa Systems maintains offices in the United States, Germany, and India, and has extended its reach to the United Kingdom and the Pacific Rim through channel partners. Culine will leverage his experience as a worldwide sales leader to continue to expand these operations and enter additional markets. The Company will also enhance its U.S. sales organization, which has doubled in size over the past 12 months. With new channel initiatives designed to accelerate growth of the VAR channel, Mimosa has added more than 60 new channel partners in the last twelve months.

Gartner forecasts the email archiving market to grow to US $1 billion by 2011. This year, Mimosa was positioned in the Visionaries Quadrant of the Gartner, Inc. "Magic Quadrant for E-Mail Active Archiving, 2007" report, received Top Tier accolades from leading publications such as CRN as an "Emerging Technology Leader," and continued to gain significant customer wins from Fortune 1000 enterprises. Mimosa Systems is at the technological forefront with the industry's most powerful email archiving solution and proven ability to meet customer requirements.

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 email storage and reduces overall infrastructure costs.

About Mimosa
Mimosa Systems, Inc. delivers next-generation information management solutions for information immediacy, discovery, and continuity. Mimosa T NearPointT for Microsoft® Exchange Server is the industry's most comprehensive information management software solution for Microsoft Exchange, unifying email archiving, recovery, and storage management. With options for eDiscovery and disaster recovery, NearPoint ensures litigation readiness and email continuity, 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 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 Munich, Germany, and Pune, India. For more information, see www.MimosaSystems.com.

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