ZipLip Announces Name Change to ZL Technologies, Inc.

SAN JOSE, CA -- (MARKET WIRE) -- 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 (ZLTI).

"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. It should be noted that the company's new website is now at www.zlti.com.

About ZL Technologies, Inc.

Established in 1999, ZL Technologies, Inc. (ZLTI) provides cutting-edge enterprise software solutions for e-mail archiving, regulatory compliance, litigation support, corporate governance, content management, and secure email. ZL's flagship product, the Unified E-mail Archival Suite, offers comprehensive e-mail archiving and management for companies using Lotus Notes/Domino, Microsoft Exchange, Bloomberg, and others. The suite provides a highly flexible framework that is fully scalable, enabling organizations of all sizes to meet legal discovery, compliance, and storage management requirements. With a proven track record and an impressive list of clients, including Walgreens, Bank of New York, Pacific Life, and Morgan Keegan, among other top global institutions, ZL has emerged as the premier provider of email archiving and compliance solutions. For more information, please visit http://www.zlti.com.

Contact Information: Media Contact: Genelle Hung Senior Associate, Marketing Tel: (408) 240-8989 Email: Email Contact