Mimosa Systems Partners with Index Engines to

Deliver Powerful, Proactive eDiscovery Solutions for

Enterprises

Partnership Offers Customers Comprehensive eDiscovery Solutions For On-line and Off-line Data Requirements

Holmdel, NJ — February 5, 2008 — Mimosa Systems™, a leading provider of live content archiving solutions and Index Engines, the leader in enterprise discovery solutions for off-line data today announced a joint partnership to meet comprehensive organizational eDiscovery requirements for on-line and off-line data solutions. The partnership of Mimosa and Index Engines blends the best of on-line and off-line eDiscovery technologies to address the myriad business challenges posed by compliance regulations and changes to the Federal Rules of Civil Procedures (FRCP).

“The December 2006 amendments to the Federal Rules of Civil Procedure for Electronic Discovery ushered in the use of email archiving for legal document retention and preservation," said Vivian Tero, Senior Research Analyst, Compliance Infrastructure, IDC. "The eDiscovery rule changes eliminated the need of emails to pass the hearsay test; hence, more companies are deploying email archiving applications to manage critical email as business records and to address future discovery burdens, as opposed to just meeting mailbox management and storage optimization needs."

Courts are getting tougher on companies that fail to provide documents, especially email. One of the main problems stemming from compliance and electronic discovery mandates is companies’ failure to find documents and email because they’ve been deleted. However, the deletion of documents is often not a reasonable defense when a company is faced with a discovery request.

Together Mimosa and Index Engines address the many challenges of eDiscovery by enabling organizations to implement a powerful, litigation-ready, eDiscovery solution to rapidly, discover and retrieve time-sensitive data stored in email and offline tape repositories. Mimosa NearPoint™  provides award-winning, proactive archiving of on-line data stored in Exchange. The solution gives enterprises a cost-effective and robust offering to perform searches, implement retention policies and provide data protection and business continuity. While NearPoint offers an ideal solution for dealing with active data, organizations are also faced with accessing years of messaging data stored in back-up tapes which are notoriously expensive and time consuming to restore and search.

Index Engines addresses a critical need for companies to perform discovery on data stored in an off-line format such as tape for eDiscovery. Index Engines’ patented technologies automate information access and retrieval by streamlining discovery and eliminating the need to restore offline tape content in order to retrieve actionable data. The company’s technology dramatically reduces the time and cost required to restore backup tapes in order to make information discoverable.. Index Engines also supports common backup formats, so tapes acquired through a merger or acquisition can be scanned and indexed, even when the tape format is not still being actively used.  

“Electronic discovery can cost millions of dollars per event due to the sheer volume of electronic records and manual effort that is required to meet an eDiscovery request,” said T.M. Ravi, CEO, Mimosa Systems. “Organizations must pro-actively manage mounting volumes of new data in addition to deal with older data stored in tape format. The Index Engine solution paired with our high-performance, NearPoint, live-content archive gives enterprises instant access to their data, regardless of whether it’s stored in an on-line or off-line format, so that they can swiftly and cost effectively meet their compliance and discovery requirements.”

“Organizations house terabytes of information retained in emails, files and other forms of unstructured data scattered across the enterprise,” said Tim Williams, founder and CEO, Index Engines. “Many companies are facing extraordinary costs as they attempt to search these files for data in support of litigation. Compounding the high cost of compliance and electronic discovery are the legal and administrative risks faced by enterprise data managers and electronic discovery processors when responsive documents are not produced when required. Together, Index Engines and Mimosa significantly reduce the cost and risk while speeding the discovery process.”

About Mimosa NearPoint
Mimosa™ NearPoint™ for Microsoft® Exchange Server 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™ NearPoint™ 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, the United Kingdom and Pune, India. For more information, see www.MimosaSystems.com