Mimosa Takes Aim at Huge Chinese Market Opportunity to Address Burgeoning Demand for Next-Generation Email Archiving

Santa Clara, Calif.  – Sept 8, 2008 – Mimosa Systems, the leader in Live Content Archiving solutions, today announced its expansion into the exploding Chinese market after signing a major distribution deal with Shenzhen Federal Software, a major distributor of Microsoft products, network appliances, software, and storage solutions with more than 12 years of experience in selling and localizing software for the Chinese market. Shenzhen Federal Software will sell and support Mimosa’s Chinese version of Mimosa NearPoint^TM, which is transforming the email archiving market worldwide.

“In a short time, Mimosa has established itself as the technology leader and visionary in the content archiving space,” said Tommy Nham, regional sales director, Asia Pacific, Mimosa Systems.  “Mimosa and Shenzhen Federal Software are working closely with Microsoft as Gold Certified Partners, providing comprehensive pre- and post-sales support and making significant investments in marketing to establish Mimosa as the premier provider of the industry’s most comprehensive content archiving for the Chinese market.”

Basic Standard Will Drive Need for Email Archiving in China
Similar to Sarbanes Oxley, China’s Basic Standard for Enterprise Internal Control will bring stronger corporate governance to China’s listed companies. The Basic Standard is currently in its public comment stage until September 30, 2008. The Basic Standard will then undergo revisions and will become effective on July 1, 2009. The proposed regulations require new controls for publicly listed companies that can be managed with the Mimosa next-generation archiving solution for retention, discovery, regulatory compliance, content monitoring and data protection in a single, unified solution.

“For Chinese companies preparing for compliance regulations, one of the greatest challenges they face is managing their exploding growth of email and documents,” said Yuanzhong Huang, CEO, Shenzhen Federal Software. “The Chinese market is eager for a next-generation content archiving solution such as NearPoint to help companies comply with the Basic Standard requirement, and to also help them to streamline their storage environment and lower costs.”

Industry Leading Content Archive Adds Value for Enterprises Around the Globe

From day one, Mimosa Systems has demonstrated technology leadership and product superiority with the industry’s most extensive content archiving solutions that address critical email and information management requirements. The Mimosa NearPoint platform enables companies to adopt best-in-class applications for content archiving, eDiscovery, retention management, regulatory compliance, content monitoring, data protection, disaster recovery and storage optimization in a unified solution. Mimosa NearPoint gives enterprises a cost-effective and robust offering to perform intuitive searches, implement retention policies and provide data protection and business continuity to minimize risk across email, files and backup tapes.

The Mimosa NearPoint content archiving solution is delivering real value for hundreds of customers and partners across North America, Europe, Australia, Japan, China and India. More than 550 customers in healthcare, government, financial services, energy and other verticals have standardized on NearPoint for information archiving, eDiscovery, regulatory compliance, continuous data protection and disaster recovery.

According to IDC, the worldwide email archiving applications market grew 48 percent in 2007 over the last year driven by the need for email archiving to satisfy compliance, legal discovery, and storage optimization requirements. Archiving applications are a critical foundation of the legal discovery infrastructure platform market[1], which IDC expects to approach more than $22 billion in 2011[2].

“Shenzhen Federal Software has all the attributes that make an exemplary partner for Mimosa as we continue our aggressive ramp up in China,” said T. M. Ravi, CEO, Mimosa Systems. “They have an excellent distribution system, 12 years of experience in product localization, and strong partnerships with large system integrators across China. They will ensure that our Chinese customers receive the first-class service and support that our customers worldwide demand 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 and advanced classification rules, NearPoint also optimizes content storage and reduces overall infrastructure costs.

About Mimosa
Mimosa Systems 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 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.