Coral8 Selected to Join Microsoft Startup Accelerator Program

Global Program Helps Accelerate the Success of Innovative Startups
Committed to Microsoft's Platform Technologies
MOUNTAIN VIEW, Calif.--(Business Wire)--Coral8, Inc., a leading provider of Complex Event Processing (CEP)
software, today announced that it has been selected to join the
Microsoft Startup Accelerator Program. Stewarded by the Emerging
Business Team (EBT) at Microsoft Corp., the program is designed to
connect high-potential startups committed to the Microsoft platform to
an extensive support network that provides access to Microsoft people
and programs, guidance on future directions, and support to accelerate
their success.

"We are excited about broadening our relationship with Microsoft
based on the successes we have already achieved," said Gayatri Patel,
Founder and VP of Business Development at Coral8. "The Coral8 Engine,
built on Microsoft technologies, has enabled large enterprises to
process and analyze high volume event data streams and drive immediate
actions. Our customers include leading companies in Internet commerce
and services; financial services/capital markets; distribution routing
and optimization; IT management and security."

Microsoft is committed to serving as a valuable technology and
business partner for emerging startups and their investors. Coral8
meets Microsoft EBT program's standards of innovation, marketability,
growth potential, funding, platform decision and strategic importance
to Microsoft. And to solidify its strategic alliance with Microsoft,
Coral8 has integrated with Microsoft's platforms and key products,
including:

-- Native development and deployment on Windows to achieve high
performance and low latency;

-- Tight integration with Microsoft SQL Server and Microsoft
Message Queing (MSMQ);

-- Delivery of an optimized RTD Adapter for Microsoft Excel;

-- Native implementations with Microsoft interfaces, including
.NET Framework, Windows Communication Foundation, Windows
Presentation Foundation, Visual C# and Visual Studio.

The result is an integrated software stack that achieves strong
performance on Microsoft platforms in conjunction with Microsoft
software products, while offering a native, integrated feel to
developers and users. With the addition of the Coral8 Portal, launched
in November 2007, developers can allow business users to discover,
visualize, share, and act on real-time information from CEP
applications.

"The Coral8 Engine provides a valuable platform to help large
enterprises analyze their continuous flow of high volume, real time
data," said Dave Drach, Managing Director, Emerging Business Team at
Microsoft Corp. "Microsoft EBT offers Coral8 customized engagement
plans designed to support Coral8's software development and increase
market visibility, and we are pleased to be working with the company
to help enable developers and business users alike to rapidly develop
and deploy even the most sophisticated CEP applications."

The Microsoft EBT evaluates hundreds of technology startups each
year to identify those with the strongest potential to succeed in the
market, shape the industry's future, and enhance the overall value of
Microsoft products and services for customers. The Microsoft Startup
Accelerator Program shines the spotlight on some of the most promising
startups and provides good examples of how startups can work
successfully with Microsoft.

About Coral8

Based in Mountain View, Calif., Coral8, Inc. is a leading provider
of software for Complex Event Processing (CEP). Bringing together
high-performance, an innovative SQL-based programming language and
enterprise-class features, the Coral8 Engine is the fastest, lowest
cost way to build and deploy powerful new CEP applications. For more
information, visit www.coral8.com or call (650) 210-3810.

The names of actual companies and products mentioned herein may be
the trademarks of their respective owners.

Schwartz Communications for Coral8, Inc.
RJ Bee or Jill Reed, 415-512-0770
coral8@schwartz-pr.com

Copyright Business Wire 2008