May 21, 2007

Change Reflects Unification of Identity and Reinforces the Company’s Continuing Focus On Superior Finite Element Analysis Products

SAN JOSE, CA – May 21, 2007 ZipLip, Inc., the leader in email archiving for compliance, today announced that the company is changing its name to ZL Technologies, Inc (ZL). “We originally named the company after a military term which denotes security through radio-silence in hostile territory. This was an ideal fit with our secure messaging product suite,” says CEO Kon Leong. “However, we outgrew this name as we expanded our platform to include e-mail and file archiving for compliance, legal discovery and storage management. In doing so, we also had to develop and integrate component technologies, including our grid architecture, search engine, content filter, e-mail gateway, security, categorization engine, and several other technologies necessary to meet today’s enterprise needs for highly scalable and flexible archiving which can run in any existing environment. Hence, ‘ZL Technologies’ is a more accurate reflection of our company today.” The name change has been well-received by ZL’s channel partners. Says NuTech’s Bill Silver: “We have been active in the e-mail archiving market for several years and were already familiar with many of the available vendor solutions. However, our experience indicated that e-mail archiving requires a lot more technology to execute than most people realize. Having had first-hand experience with the challenges in e-mail archiving, we recently signed up with ZL Technologies after our investigations showed that it has the requisite technologies to finally solve the archiving problem.” Reflecting ZL’s expansion overseas, the name change shall also apply to ZL’s international operations and entities.  
About ZL Technologies, Inc. ZL Technologies makes Unified Archive® software (“ZL UA®”) to enable large enterprises to manage all unstructured content such as e-mail and files, to satisfy corporate archiving needs for eDiscovery, records management, regulatory compliance, corporate governance, and storage management. It also enables the same unstructured content to become the organization’s Corporate eMemory™ for competitive advantage, such as sharing knowledge, experts, and history across the enterprise. ZL UA’s unique differentiator is its unified architecture, which consolidates all applications and billions of documents under one platform, thus eliminating today’s fractured data silos which significantly raise operating costs and legal risks. Demonstrating a proven track record with Global 500 customers and strategic partnerships with major players such as Oracle, PriceWaterhouseCoopers, and SunGard, ZL has emerged as the technology leader in harnessing unstructured “Big Data” for strategic advantage. For more information, please visit www.zlti.com.