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ZipLip Announces Strategic Alliance with SGI Japan
SGI Japan Becomes Master Reseller to Provide Japanese SOX Compliance Solutions with "ZipLip Unified Archival Suite" in Japan

San Jose, CA - May 3, 2006 - ZipLip, Inc., the leader in email compliance solutions, today announced a strategic alliance with SGI Japan. With this new relationship, which includes a significant equity investment in ZipLip, SGI Japan is now ZipLip's master reseller in the Japan market for ZipLip's Unified Archival product suite to customers in Japan. SGI Japan is a leading systems integrator with extensive reach in the Japanese enterprise marketplace through its partners and shareholders, including majority shareholder NEC, and other significant shareholders such as Canon Marketing Japan, Sony, and Softbank Creative.

SGI Japan will spearhead a marketing campaign to enhance the ZipLip brand name in the Japanese market, and extend the reach of the ZipLip archiving and compliance offerings further into the Japanese enterprise market.

SGI Japan is actively engaged in the enterprise security consulting business. The newly-added ZipLip archiving and compliance solutions will enhance SGI Japan's security and compliance portfolio by offering comprehensive content lifecycle management for the upcoming Japan version of the Sarbanes-Oxley ("SOX") regulations governing corporate compliance in the U.S.

In July 2002, SOX was implemented in the US after the accounting misconduct of Enron and WorldCom in the US. This event heightened awareness of the importance of global corporate governance policies and regulatory compliance in Japan. The Protection of Personal Information Act, a key part of Japan's privacy regulatory framework, took effect on April 1, 2005. In addition, Japan is readying corporations for its own version of SOX, expected to become law by 2008. This law will expect domestic businesses to comply with stringent requirements for reporting and record-keeping.

"ZipLip is excited to have reached this agreement with SGI Japan," says Kon Leong, CEO of ZipLip. "SGI Japan's extensive reach within Japan's leading organizations, paired with our expertise in email compliance technology, make this an ideal partnership. This well-timed collaboration will help prepare Japanese corporations for compliance with new regulations surrounding records retention."

Key Features and Benefits of ZipLip Unified Archival Suite

• Email retention for compliance - Corporations can store, index and search across every email received and sent within the organization, across any length of time. This enables unprecedented control of email content and prepares the organization for stringent regulations with regard to records retention.
• Email content and IP control - Corporations can monitor and control intellectual property flowing into and out of the corporation, and even stop problem emails before they are sent out.
• Email storage reduction for email servers - Corporations can offload large emails and heavy attachments from their Exchange or Domino email servers to the ZipLip archive, thus reducing storage by as much as 80%, improving email server performance and reducing the time to backup and restore. Users can still retrieve offloaded data on demand.

About ZipLip
Founded in 1999, ZipLip makes email archiving and secure messaging software, integrating compliance, discovery, storage offloading and email content management on a single system. Additional capabilities include secure email and secure file management. Customers include Walgreens, ADP, Hancock Bank, Morgan Keegan, Regions Bank, Bank of New York, etc. More information is available at www.ziplip.com.

About SGI Japan
SGI Japan is a leading systems integrator and provides the "best-of-breed" solutions for its customer from a broad range of products centering on its core competencies -- scalability, visualization, media broadband, and data management. SGI Japan's reach into the Japanese market is enhanced by its outstanding roster of Japanese shareholders, including majority shareholder NEC, and others such as Canon Marketing Japan, Sony, and Softbank Creative. More information is available at http://www.sgi.co.jp.

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