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Hifn Boosts Strategic Accounts Sales Team

LOS GATOS, Calif., Feb. 11 PRNewswire-FirstCall — Hifn(TM) (Nasdaq: HIFN), the catalyst behind storage and networking innovation, today announced that it has appointed Stuart Krometis as Hifn Senior Director of Strategic Accounts. Krometis will primarily be responsible for Cisco Systems Inc. and other strategic accounts. This appointment strengthens the commitment and furthers the company's successful seven-year relationship with Cisco.

Krometis has a strong record of success in managing complex sales programs and growing market share. He joins Hifn from Cavium Networks, where he was Director of Strategic Sales to Cisco with responsibility for multiple design wins, and was previously Cisco Global Accounts Manager at Applied Micro Circuits Corp. Krometis reports to Greg McNulty, Vice President Sales, Americas and EMEA, at Hifn.

"I am excited to take on this new role at Hifn," said Krometis. "I am convinced that we are looking at a perfect storm of opportunity given the strong existing relationship with Cisco, the highly complementary fit for new Hifn Applied Services Processors and the strategic market openings, such as 3G wireless, WiMax and Voice Over IP, enabled by Cisco's IP Next Generation Network initiative."

"We are delighted to have a sales professional of Stu's caliber join the Hifn team," said McNulty. "His strong relationships and deep understanding of large technology company requirements will be a major factor in driving Hifn's top line growth."

About Hifn

Hifn (Nasdaq: HIFN) delivers the key channel and OEM ingredients for 21st century storage and networking environments. Leveraging over a decade of leadership and expertise in the development of purpose-built Applied Service 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: 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, 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.

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