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Mirapoint Achieves Profitability As Demand Rises For Message Networks
Mirapoint Signs 600th Customer; Experiences Double-Digit Quarterly Revenue Growth For Past Four Quarters

SUNNYVALE, Calif., March 17, 2003 -- Mirapoint, a leader in solutions for message networks, today announced several major milestones that attest to widespread customer acceptance of Mirapoint solutions by service provider, enterprise, education and government customers. Customers use Mirapoint solutions to build message networks that intelligently route, store, access and manage Internet messages, including email. Founded in 1997, Mirapoint (http://www.mirapoint.com) has seen demand for its Message Server and Message Director products increase as businesses seek secure, service-oriented and easy-to-manage solutions for message networks.

The major achievements by Mirapoint over the last quarter include:

• 600th customer signed: With the addition of Illinois Tool Works Inc. (NYSE: ITW), RCN (Nasdaq: RCNC), Sonic Drive-In (Nasdaq: SONC), Ford (NYSE: F), One.Tel, James Madison University and Temple University, Mirapoint reached the 600th customer milestone. Companies across multiple industry segments have adopted Mirapoint's products as a means to dramatically simplify management, protect against spam, virus and hacker attacks, and provide enhanced messaging capabilities for desktop PC, web and wireless clients.
• Profitability: Mirapoint reached profitability in the fourth quarter of 2002, on the heels of double-digit quarterly revenue growth for the past four quarters. Furthermore, the company has experienced consistent year-over-year revenue growth since its inception. During a time when other technology companies have struggled to maintain business viability, Mirapoint has continued its successful expansion while meeting - and exceeding - sales and market share goals.

"Mirapoint has built a solid foundation of customers by focusing on three core tenets: service delivery, security and simplicity," said Satish Ramachandran, chairman and chief executive officer of Mirapoint. "Given tight IT budgets, increased concerns around email security and pressures to make past IT investments deliver on promised ROI, companies of all sizes are turning to Mirapoint to make their message networks smarter."

With email increasingly a mission-critical application for businesses, message networks are becoming the backbone for all communications. Mirapoint provides turnkey solutions for realizing the power of message networks. With tightly integrated hardware and software optimized for message routing, storage, access and management, Mirapoint is the only vendor that offers true simplicity-of-operation combined with carrier-class reliability and comprehensive security.

"More than ever, organizations are keeping a close watch over messaging management costs and security threats," said Robert Mahowald, research manager with IDC. "Mirapoint's approach, with its integrated hardware plus software systems purpose-built for messaging services, addresses key pain points including the need for greater efficiency, security, and consolidation to create a single structured message network that works across a variety of legacy operating environments."

A key element of Mirapoint's product family is the Mirapoint Message Server, which offers a complete solution for reliable and secure message storage, routing, access and management, as well as advanced capabilities for calendaring and address book services. Additionally, the Mirapoint Message Director supports high-performance message processing and filtering to secure message networks against spam, virus and hacker attacks, as well as enforce policies and route messages. To complement Mirapoint deployments, the Mirapoint Directory Server provides centralized user management, provisioning and authentication capabilities. All of Mirapoint's products can seamlessly interoperate with existing IT investments, including Microsoft Exchange.

Mirapoint's products are currently the highest-performing messaging products benchmarked by the Standard Performance Evaluation Corporation (www.SPEC.org). Furthermore, Mirapoint is the only company that can deliver and validate 99.999% availability for messaging services.

"When we were considering our messaging options, we were looking to build a scalable message network that would easily integrate with our legacy systems and give us the ability to predict ongoing management costs," said Gary Anton, Vice President of Strategic Sourcing at Illinois Tool Works Inc. "On all levels, Mirapoint delivered. We've been able to manage our costs effectively, while simultaneously offering new messaging options to our employees around the world. Mirapoint has saved us significant time and money within the IT department - almost a 3:1 savings versus competitive solutions - while also providing a platform that can handle our constantly-evolving messaging needs."

"Mirapoint's integrated approach to message networks allows us to give our customers a secure, reliable and service-oriented platform," said Richard Rioboli, Vice President of Product Management at RCN. "With Mirapoint products, RCN now has the infrastructure in place to assure our Internet customers have the right email solution."

About Mirapoint
Founded in 1997, Mirapoint designs and manufactures specialised, dedicated Internet messaging solutions optimised for fast deployment in service provider and enterprise environments worldwide. Mirapoint's cost-effective and modular solutions provide customers with high performance, high reliability, built-in security and easy integration with legacy messaging infrastructure. Mirapoint is headquartered in Sunnyvale, California, with offices throughout North America, Europe and Asia Pacific. For more information on Mirapoint, visit its Web site at http://www.mirapoint.com.

2007 Mirapoint, Inc.  All rights reserved. All company and product names mentioned herein may be trademarks of their respective companies.

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