Nation's Fastest-Growing Accounting Firm Reduces Storage 67% with Mimosa Systems Email Archiving and Recovery Solution.

The Siegfried Group LLP Deploys Mimosa NearPoint Exchange Server to Improve Overall Performance, Reduce Backup and Recovery Times for Corporate-Wide Email System

SANTA CLARA, Calif. -- Mimosa Systems[TM], a leader in unified information management solutions for enterprise content, today announced that the nation's fastest-growing accounting firm, The Siegfried Group LLP, has achieved a 67 percent savings in storage requirements for its email communications system by implementing the Mimosa NearPoint[TM] for Microsoft[R] Exchange Server to archive and recover data stored on its corporate email servers.

In addition to storage reduction, The Siegfried Group has utilized NearPoint's intelligent mailbox storage management features to dramatically improve email performance, while reducing mailbox recovery times.

Established in 1988, The Siegfried Group today is the nation's only CPA firm that provides major public companies and other large organizations with high-caliber accounting and finance professionals to address surges in critical projects. Inside Public Accounting ranked the company 24th on its 2006 100 Largest Accounting Firms index. With a 95 percent growth rate, the firm was the fastest-growing CPA firm among the top 50 and is a three consecutive year IPA growth All-Star. The Siegfried Group was also recognized as the third largest firm in the Atlantic/Southeast.

Frank McGurk, IT Coordinator at The Siegfried Group stated, "Following our Mimosa NearPoint deployment, we received numerous positive comments from our employees about the performance of our email system."

Microsoft Outlook is an important communication tool for The Siegfried Group. With offices in 27 cities across the US, the majority of the company's employees are either remote or mobile. After growing rapidly in just three years, The Siegfried Group's email data had grown to approximately 250GB. As a result of the NearPoint deployment, email storage has been reduced to 80 GB. Because of NearPoint's unique continuous data protection architecture, The Siegfried Group's email backup process has been reduced to a weekly activity that is completed in approximately two hours.

McGurk noted that The Siegfried Group chose Mimosa NearPoint because it offered the following key benefits:

* Automated exchange storage management: NearPoint significantly reduced The Siegfried Group's overall storage requirements by extending attachments, based on policies of age and size, to the NearPoint server while maintaining seamless access to email data for end users.

* Agent-less architecture: NearPoint does not require agents on either the Exchange Server or user desktops which sped The Siegfried Group's deployment and ensures that there is no impact to their Exchange Server performance.

About Mimosa NearPoint

Mimosa NearPoint addresses critical customer requirements around email information archiving, eDiscovery, regulatory compliance, data protection, disaster recovery and storage optimization. Mimosa NearPoint provides 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 NearPoint[TM] for Microsoft[R] 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 Information Worker. Mimosa is a privately held company whose investors include August Capital, Clearstone Venture Partners, Dot Edu Ventures and JAFCO Ventures. Mimosa was founded in 2003 and is based in Santa Clara, California and Pune, India. For more information see www.MimosaSystems.com.

About The Siegfried Group, LLP

Established in 1988, The Siegfried Group is a professional services partnership that delivers a full range of accounting and financial resource services to major public companies and other large organizations (including a Big Four firm). The Siegfried Group provides high-caliber, experienced accounting and financial professionals to assist with the implementation of high priority critical financial work. Through long-enduring relationships, The Siegfried Group helps clients extend their in-house human resources capabilities with a customized, consistently reliable resource solution.

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.