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Hifn Enables the 21st Century Green Data Center Initiative

LOS GATOS, Calif., Nov. 28 /PRNewswire-FirstCall/ -- Hifn(TM) (Nasdaq: HIFN), the power behind network and information security, today announced its commitment for enabling the 21st Century Green Data Center through product and technology innovation. Additionally, the company joined The Green Grid, a consortium of IT companies and professionals seeking to lower the overall power consumption of data centers around the globe. The consortium is chartered to develop meaningful, platform-neutral standards, measurement methods, processes and new technologies to improve energy efficient performance of global data centers. Hifn leads the industry in delivering key technologies that reduce the space and power requirements for secure storage networks, with over 90 percent of the leading storage OEMs today relying on Hifn for their data security and reduction solutions.

LOS GATOS, Calif., Nov. 28 /PRNewswire-FirstCall/ — Hifn(TM) (Nasdaq: HIFN), the power behind network and information security, today announced its commitment for enabling the 21st Century Green Data Center through product and technology innovation. Additionally, the company joined The Green Grid, a consortium of IT companies and professionals seeking to lower the overall power consumption of data centers around the globe. The consortium is chartered to develop meaningful, platform-neutral standards, measurement methods, processes and new technologies to improve energy efficient performance of global data centers. Hifn leads the industry in delivering key technologies that reduce the space and power requirements for secure storage networks, with over 90 percent of the leading storage OEMs today relying on Hifn for their data security and reduction solutions.

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"The 21st century data center is reliant upon key ingredients and an established set of best practices to be efficient in use of space, power and functionality," said Mike Goldgof, vice president of product marketing for Hifn. "One of the key ingredients is data storage efficiency, which is enabled through hardware compression, de-duplication and storage and server virtualization. Hifn is committed to enabling the 21st century data center through our industry-leading data compression products, which doubles the capacity of storage devices, i.e. two Terabytes of data can be stored on a one Terabyte disk. Hifn products accelerate, compress and secure the data through innovative low-power, small form-factor designs."

While the capital cost of storage has dropped dramatically, the ongoing operating expense involving power, physical space and management is on a meteoric rise. The amount of data that businesses are required to securely store is increasing resulting in IT managers deploying hardware-advantaged compression to reduce the energy, space and IT resource consumption needed for the influx of data. By consolidating servers and storage, Hifn customers are experiencing dramatic cost savings in both infrastructure costs and the energy expenses used to cool the server environment. Hifn is the only vendor with a product portfolio that cost-effectively serves this virtualized data center intersection of networking, security and storage.

Comprised of an interactive body of members who share and improve current best practices around data center efficiency, The Green Grid scope includes collaboration with end users and government organizations worldwide to ensure that each organizational goal is aligned with both developers and users of data center technology.

About Hifn

Hifn (Nasdaq: HIFN) powers network and information security. Leveraging over a decade of leadership and expertise in data encryption and compression, we are a trusted partner to industry innovators for whom security is critical to their success. With the majority of secure global communications flowing through Hifn technology, the convergence of security, storage and assured access drives our product roadmap forward. We will continue as the first resource for the toughest security requirements because we anticipate as we innovate in a field that leaves no margin for error. Hifn sets the industry standards and technology firsts to secure, compress and assure information wherever needed. 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, statements regarding the Company's future financial performance including, without limitation, statements related to Hifn leads the industry in delivering key technologies that reduce the space and power requirements for secure storage networks, over 90% of the storage OEMs rely on Hifn solutions and the 21st century data center is reliant on key ingredients one of which is the data compression technology that Hifn sells 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.

SOURCE Hifn, Inc.

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