Hifn to Announce First Quarter Fiscal Year 2009 Results


LOS GATOS, Calif., Jan. 30, 2009 (GLOBE NEWSWIRE) -- Hifn (Nasdaq:HIFN), the catalyst behind storage and networking innovation, announced today that it expects to report financial results for its first quarter fiscal year 2009 on Tuesday, February 3 at 1:00 p.m. PST. Following the press release, Hifn will host a conference call which will also be webcast. Participants may dial-in using the telephone numbers, or accessing the webcast by clicking on the links below.



   Date:   February 3, 2009
   Time:   1:30 PM PT

Listen via Internet: http://ir.hifn.com/

Schedule this webcast into MS-Outlook calendar (click open when prompted): http://apps.shareholder.com/PNWOutlook/t.aspx?m=35395&k=8096EE2C



   Telephone:  866-206-6509
   International:  703-925-2533

A replay of the conference call will be available for 48 hours after the call. The telephone numbers for the replay are 888-266-2081 or 703-925-2533, access code 1328850.

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: www.hifn.com.

"Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: This press release may contain 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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