Mindquarry Launches Mindquarry GO -- a Hosted Version of the Open Source Collaborative Software

SAN FRANCISCO, CA and POTSDAM, GERMANY--(Marketwire - July 24, 2007) - Today Mindquarry announced a new hosted collaboration service, Mindquarry GO (private beta). Previewed at Enterprise 2.0 Conference in Boston, Mindquarry GO offers the features of Mindquarry online to enterprises of all sizes, including task management, file sharing, Wiki editing and team management. Additionally, it enables users to literally "go back in time" and see various iterations of project documents, file sharing, Wiki editing and tasks management at zero cost. Mindquarry GO allows for an unlimited number of teams, users, tasks, and Wiki pages and has a capacity of 100GB of file storage space.

"This marks a significant development for the Mindquarry product, whose enhanced feature sets differentiate it from other hosted solutions including Basecamp, Jive Software's ClearSpace and Microsoft SharePoint," says CEO Stephan Voigt.

Price and Availability

Mindquarry GO is currently in private beta testing phase and is expected to be generally available by the end of September. To sign up for the beta testing program and learn more about Mindquarry GO, visit www.mindquarry.com/go.

About Mindquarry

Mindquarry is an Open Source collaborative software platform for file sharing, task management, team collaboration and Wiki editing that meshes simplicity and functionality. As a result, knowledge workers are able to connect with team members and share information from wherever they are, effectively improving team-work and increasing productivity within the company. Developed in Java and built upon a scalable REST architecture with AJAX interfaces and Web 2.0-style user interfaces, Mindquarry is currently offering a free download version of the platform and will soon release its signature Open Source Collaboration Platform as a hosted solution. Unlike many other team collaboration tools, Mindquarry blends the innovation of an Open Source product with a sound business model based on integration and consultation services. Founded in 2006, Mindquarry is privately held and funded by SAP co-founder VC Hasso Plattner. For more information, please visit www.mindquarry.com.

Contact Information: Media Contact: Xenia von Wedel Terpin Communications Group +1 (415) 595 2030