HIFN HI/FN (MM)

John Matze brings over 15-years storage experience, success to new role within the company LOS GATOS, Calif., Feb. 18 /PRNewswire-FirstCall/ -- Hifn (NASDAQ:HIFN), the catalyst behind storage and networking innovation, today named storage pioneer John Matze as its Vice President and Chief Technical Officer, further strengthening the company's leadership as a storage innovator that enables secure, optimized and efficient storage and networking solutions. Matze first joined Hifn in 2007 as its Vice President of Business Development after the acquisition of Siafu Software, where he served as CEO. (Logo: http://www.newscom.com/cgi-bin/prnh/20070723/CLM036LOGO) At Siafu, Matze developed iSCSI storage solutions that offered security and enterprise-level functionality for small- to medium-sized businesses, technology that was incorporated into Hifn's product line to deliver superior storage solutions to its customers. Matze previously served as Vice President and CTO at Overland Storage, Director of Software at Veritas Software and the principal architect at STAC Inc. Matze the author of several storage patents is also credited as one of the original authors of the iSCSI protocol. Over the past 15 years he has created a series of successful products including the award winning Overland Storage REO VTL appliances and the award winning STAC Replica Disaster Recovery for NetWare. In 2003 he was named one of the "Top 25 Innovators" by Computer Reseller News, and is a frequent author and speaker at storage industry events. "John's history of success in the storage industry is an obvious attribute to his ability to stay ahead of the curve and provide hands-on leadership in an ever-evolving industry," said Albert E. Sisto, Chairman and Chief Executive Officer of Hifn. "He also has a keen ability to take technologies and simplify them for broader deployment and acceptance. We are pleased that John has agreed to take on the important challenge of driving innovation at Hifn and we look forward to his contributions across our entire product portfolio." 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 appointing John Matze as its Vice President and Chief Technical Officer, further strengthens the company's leadership as a storage innovator that enables secure, optimized and efficient storage and networking solutions, Matze's ability to stay ahead of the curve and provide hands-on leadership in an ever-evolving industry and Matze's ability to simplify storage technologies for broader deployment and acceptance, 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 Judy Smith of JPR Communications, +1-818-884-8282, , for Hifn, Inc. Web Site: http://www.hifn.com/

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