"In 2009, IT buyers only invested in solutions with tangible and discernible benefits," said Brian Babineau, senior analyst with Enterprise Strategy Group. "Mimosa's expansion proves that organizations find tremendous value in archiving content for electronic discovery, compliance, and IT efficiency reasons. It also demonstrates that customers are able to achieve these goals with Mimosa's comprehensive portfolio and unique underlying technology architecture."

Mimosa has rapidly emerged as the industry leader in next-generation content archiving solutions. With mounting volumes of email data and information growth, Mimosa addresses the key areas of eDiscovery, regulatory compliance and storage cost optimization with a comprehensive archiving platform that leap-frogs traditional offerings. Mimosa has matched its product innovation with exceptional company sales execution on a global scale that leverages a large channel ecosystem as a strategic extension to the company's sales model.

Key milestones and industry recognition for Mimosa and Mimosa NearPoint announced during 2009:

• Named Michael Sheridan, former CFO of Facebook, as Mimosa's Chief Financial Officer.

• Raised $10 million in new financing in the second half of 2009, demonstrating strong support from its base of investors as it enters 2010.

• Released the fourth major version of Mimosa NearPoint with new delegated case management and tagging capabilities to expedite eDiscovery and lower costs across email, file and SharePoint content.

• Delivered new, industry-leading capture technologies for Microsoft Exchange including support for Volume Shadow-copy Service (VSS) and SMTP – an ideal approach to capture from cloud-based mailboxes such as those offered by Microsoft and Google. (continued...)

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