Hifn to Announce First Quarter Fiscal Year 2008 Results

LOS GATOS, Calif., Jan. 15, 2008 (PRIME NEWSWIRE) -- Hifn (Nasdaq:HIFN), the
catalyst behind storage and networking innovation, announced today that it
expects to report financial results for its first quarter fiscal year 2008 on
Tuesday, January 29 at 1:00 p.m. PST. Following the press release, Hifn will
host a conference call at 1:30 p.m. PST (4:30 p.m. EST).

Participants should call 800-509-8613 starting at 1:15 p.m. Pacific time to be
connected to the Hifn conference call. International participants may dial
706-679-4544.

Please note the conference operator will ask for the following pieces of
information:

Company name -- Hifn

Moderator's name -- Bill Walker

Additionally the call will be webcast.

Listen via Internet: http://ir.hifn.com/

Schedule this webcast into MS-Outlook calendar (click open when prompted):
http://apps.shareholder.com/PNWOutlook/t.aspx?m=29291&k=BA5C25AF
A replay of the conference call will be available for 72 hours after the call.
The telephone number for the replay is 800-642-1687, access code 30441337.

About Hifn

Hifn (Nasdaq:HIFN) delivers the key channel and OEM ingredients for 21st century
storage and networking environments. Leveraging over a decade of leadership and
expertise in the development of purpose-built Applied Service Processors (ASPs),
Hifn is a trusted partner to industry leaders for whom infrastructure innovation
in storage and networking is critical to success. With the majority of secure
networked communications flowing through Hifn technology, the 21st century
convergence of storage and networking drives our product roadmap forward. For
more information, please visit: www.hifn.com.

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CONTACT: Hifn
William Walker, Vice President and Chief Financial Officer
408-399-3537
wwalker@hifn.com