News overview

Top 10 Emerging Company

	Cemaphore Systems Announces Technology Agreement with EMC
	Cemaphore to Demonstrate MailShadow 2.0
	Cemaphore Taps Clem Cooper as CFO
	Cemaphore Achieves Highest Level of Microsoft Partner Status
	Cemaphore Appoints Eric Chiu VP of Bus Dev
	Cemaphore Appoints Two Vice Presidents
	MailShadow 1.0 Delivers Exchange Transaction Caching
	$10 Million Series B Financing
	$8 Million Series A Funding

Cemaphore Named Top 10 Emerging Company by Growthink Research

San Mateo, Calif. - August 3, 2004

Cemaphore Systems™, a leading provider of Messaging Services Management (MSM) solutions, today announced leading venture capital research firm Growthink Research has named the company one of its "Top Emerging Companies" in the conferencing/messaging sector. The Growthink Research award honors the top private companies with the greatest potential for future success.

Growthink Research evaluated more than 2,000 companies on criteria that included experience of management team, uniqueness of company's technology or business model, the company's track record of raising capital, and likelihood for future success. Cemaphore Systems was selected as one of the top ten private companies providing solutions for improving the performance and capabilities of messaging systems.

"As companies upgrade to the latest version of Exchange to gain the benefits of centralization, they face greater demands upon their network bandwidth," said Corey Lavinsky, president of Growthink Research. "Given Cemaphore's innovative solution, experienced management team and ability to attract venture capital funding, we expect Cemaphore to become a critical provider to Microsoft Exchange customers."

"For IT organizations that are centralizing their Exchange servers, this award highlights the key supporting role that Cemaphore plays," said Tyrone Pike, CEO of Cemaphore Systems. "Email is the most used application by knowledge workers today, and ensuring that the end user experience is not slowed by WAN latency is critically important for IT organizations."

Cemaphore Systems' MailShadow software optimizes Exchange server centralization performance by lowering network traffic by 90% and overcoming the performance problems caused by network latency. Exchange 2003 centralization demands Outlook 2003 for delivering a good user experience. MailShadow delivers a good user experience for those using Outlook 2000 & 2002 clients in remote locations, and decreases network traffic for all Outlook clients.

About Growthink Research
Growthink Research is an independent venture capital research firm. Its proprietary database has detailed information regarding thousands of venture capital funding transactions. Emerging ventures raising capital, venture capital firms, large corporations and service providers rely on their reports to raise venture capital, identify and secure highly-qualified new clients, and gain competitive intelligence. For additional information, please call 310-823-8346, or visit the company's website at www.growthinkresearch.com.