HIFN HI/FN (MM)

LOS GATOS, Calif., Feb. 2 /PRNewswire-FirstCall/ -- Hifn(TM) (NASDAQ: HIFN), the catalyst behind storage and networking innovation, today announced that its Express DR 250/255 data de-duplication cards have been named as a finalist for Product of the Year award by SearchStorage.com and Storage Magazine. (Logo: http://www.newscom.com/cgi-bin/prnh/20070723/CLM036LOGO ) The Hifn Express DR 250/255 products are the industry's first silicon-accelerated data de-duplication cards, delivering unprecedented levels of capacity optimization by offloading the compute-intensive hashing process used in de-duplication, thus enabling the high-performance necessary for in-line storage applications, such as NAS and IP SAN. The Hifn accelerator cards improve storage capacity utilization by reducing redundant information through two levels of silicon-accelerated capacity optimization: first, by offloading and accelerating the powerful SHA-1 or MD5 hashing algorithms used in de-duplication, and second, by performing single-pass data compression. "We're delighted with this honor from SearchStorage.com," said Mike Goldgof, Vice President of Marketing at Hifn. "The Product of the Year judges have recognized the innovation of Hifn's Express DR 250/255 products and the value they bring to the customer." The Hifn Express DR cards were named as a Product of the Year finalist in the Backup Hardware category where other finalists include products from industry leaders such as, Hewlett-Packard, IBM, and Quantum. The winners will be announced in February in Storage Magazine. Winners will be selected based on the product's innovation, performance, ease of integration into existing environments, ease of use and manageability, functionality and value, and judged by the Storage magazine-SearchStorage.com editorial staffs, in conjunction with a team of users, industry experts, analysts and consultants. About Storage Magazine TechTarget's Storage is the only monthly publication that provides information technology (IT) executives, managers, and staff with in-depth analysis and forward-looking guidance on managing, storing, networking, and safeguarding the data at the core of large organizations. TechTarget distributes the magazine to a controlled, qualified circulation of 50,000 storage-focused IT professionals http://www.techtarget.com/html/pr/pr-01102005.htm. Storage has received numerous awards, including the ASBPE Awards for Editorial Excellence and the Folio: Show "Ozzie" and "Eddie" Awards. In addition, the editorial staff of Storage has been named a finalist for the prestigious Jesse H. Neal Awards for Excellence in Business Journalism. About SearchStorage.com SearchStorage.com is THE online information resource for the latest storage news, tech tips and expert advice. Enterprise storage professionals rely on SearchStorage.com as their source for valuable information on upcoming technology and new trends in the industry. Headquartered in Needham, MA, SearchStorage.com is part of the TechTarget network (http://www.techtarget.com/). TechTarget publishes integrated media that enable information-technology (IT) marketers to reach targeted communities of IT professionals and executives in all phases of the technology decision-making and purchase process. Through its industry-leading Web sites, magazines and conferences, TechTarget delivers measurable results that help IT marketers generate qualified sales leads, shorten sales cycles and grow revenues. About Hifn Hifn (NASDAQ:HIFN) delivers the key OEM ingredients for 21st century storage and networking environments. Leveraging over a decade of leadership and expertise in the development of purpose-built Applied Services Processors (ASPs), we are 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: http://www.hifn.com/. "Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Specifically, statement regarding the Company's future financial performance including, without limitation, statements related to the Express DR 250/255 products as the industry's first silicon-accelerated data de-duplication cards, delivering unprecedented levels of capacity optimization and Hifn's Express DR 250/255 products bringing value to customers are all forward-looking statements within the meaning of the Safe Harbor that may cause actual results to differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially from those described herein include, but are not limited to: dependency on a small number of customers; customer demand and customer ordering patterns; and orders from Hifn's customers may be below the company's current expectations. These and other risks are detailed from time to time in Hifn's filings with the Securities and Exchange Commission. Hifn expressly disclaims any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. http://www.newscom.com/cgi-bin/prnh/20070723/CLM036LOGO http://photoarchive.ap.org/ DATASOURCE: Hifn CONTACT: Corporate Communications of Hifn, Inc., +1-408-399-3520, ; or Agency, Judy Smith of JPR Communications, +1-818-884-8282, , for Hifn, Inc. Web Site: http://www.hifn.com/

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