Pinnacle Financial Reports Mimosa Systems' Live Content Archiving Solution Provides...

Pinnacle Financial Reports Mimosa Systems' Live Content Archiving Solution Provides Rapid eDiscovery and Message Storage Optimization

Mimosa NearPoint Ensures Retention and Recovery of Critical Email
Data and Improves Exchange Storage Efficiency for Major Mortgage
Banking Firm
SANTA CLARA, Calif.--(Business Wire)--Mimosa Systems(TM), a leader in live content archiving solutions,
announced today that Pinnacle Financial Corporation, which recently
selected Mimosa Systems' advanced archiving solution, NearPoint(TM),
to manage email accounts throughout its nationwide operations, reports
that the solution has significantly enhanced its eDiscovery
capabilities and message archiving.

Pinnacle Financial, headquartered in Orlando, Fla., has been in
the home and commercial mortgage business for nearly 20 years. The
company operates 35 offices, staffed by 300 employees across North
America.

Rick Chin, Sr. VP of Information Technology at Pinnacle, said,
"Email is critical to our organization because it is our fundamental
communication tool and it is so closely tied to all our business
applications."

Pinnacle was seeking to address two key issues when he learned
about Mimosa at a Gartner storage event: email archiving, discovery
and retrieval. Although Pinnacle is not a publicly traded company,
Chin was looking for a reliable email archiving and retrieval solution
to accommodate any future legal inquiries. "Although we're not subject
to some of the regulations that apply to public companies, we have
heard of instances in which companies have been sued because of their
inability to produce email for litigation. We are not facing any
pending lawsuits, but we wanted to be prepared should one ever arise,"
said Chin.

Chin noted that Pinnacle also sought to increase the efficiency of
its email processes. The company's email environment is composed of
Exchange 2003 SP2, Outlook 2003, and Outlook Web Access, all linked
through a single server.

According to Chin, "When we looked into it, we learned that
Mimosa(TM) NearPoint(TM) email archiving performs all the email search
functions for eDiscovery and manages the Exchange data for growth
issues in the mailbox stores by removing attachments. This helps with
mailbox size issues, and it also reduces backup times, which is an
important issue because our tape backups of Exchange were taking too
long to complete."

Chin characterized the NearPoint installation as very simple.
"Mimosa performed a site survey and designed the total solution,
including server and storage hardware. We got NearPoint up and running
in less than two hours, and the process is so straightforward that we
needed minimal help. Mimosa support was very responsive and kept in
touch throughout the installation, but we rarely needed help."

Chin added, "We are a very lean IT shop supporting thousands of
remote users. We need a tool that is easy to install and manage, and
Mimosa delivered. I get many compliments from remote users on how easy
Mimosa is to use and how it helps them find lost email freeing up
valuable IT resources."

The Mimosa NearPoint(TM) archiving solution has rapidly delivered
value to Pinnacle Financial in several ways, including:

-- Rapid eDiscovery: Auditors and legal staff can quickly perform
sophisticated search and discovery across multiple mailboxes.

-- Automated, application-intelligent disaster recovery:
NearPoint reliably protects Pinnacle's Exchange information
through non-invasive, continuous application shadowing. This
process preserves the consistency and integrity of Exchange
data and enables one-click full email data and service
recovery when needed.

-- Mailbox storage management: With NearPoint, Pinnacle has
reduced storage requirements on the Exchange Server
significantly by migrating or extending attachments based on
policies of age, document size, or mailbox size.

-- Self-service search of archived data: Pinnacle employees have
seamless self-service access to their archived data so they
can find potentially lost or deleted messages without IT
assistance.

"Organizations like Pinnacle Financial are seeking
easy-to-implement, flexible, and highly efficient solutions to meet
the many challenges of balancing business demands for discovery,
recovery, and continuity with users' needs for information immediacy,"
said T.M. Ravi, CEO of Mimosa Systems. "Mimosa has and will continue
to set the standard by which all other email archiving solutions are
measured."

About Mimosa NearPoint

Mimosa(TM) NearPoint(TM) for Microsoft(R) 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, and Pune, India. For more
information, see www.MimosaSystems.com.

Mimosa, Mimosa Systems, Mimosa NearPoint, and NearPoint are
trademarks of Mimosa Systems. All other product and company names
herein may be trademarks of their respective owners.

Ventana Public Relations
Sabrina Sanchez, 925-875-1968
sabrina.sanchez@ventanapr.com

Copyright Business Wire 2008