Nogacom Raises Capital to Support International Expansion and Development of the Company’s Next Generation Information Management Suite

TEL AVIV, Israel -

- Nogacom’s Products are Powered by a Unique Automated Data Classification Technology Platform That Classifies Data Based on its Business Context

Nogacom, a leading provider of automated data classification software solutions for information management and information governance, today announced that it has successfully closed a funding round of private investment from existing investors. The capital raised will fund growth and international expansion programs, as well as support the Company’s strategic focus on product development in preparation for the next major release of its information management suite, due out in Q4, 2009.

Nogacom also announced that it is recruiting employees for key Sales, R&D and Professional Services positions for its head offices in Israel and Germany. Nogacom’s customers include leading financial institutions, retail, communications and technology companies.

“Our ability to raise capital in the current economic climate is a true testament to the past achievements of Nogacom as well as the investors’ endorsement of the Company and confidence in its ability to deliver innovative information management solutions for enterprise organizations,” said Gilad Savion, Co-CEO, Nogacom. “The recent successes of Nogacom have also enabled the Company to recruit a strong and experienced management team to lead Nogacom forward.”

“Nogacom’s information management solutions give users the exact information they need to make the right business decisions and implement information governance - quickly, easily and at significantly lower cost than alternative technologies. This makes Nogacom an ideal solution for enterprises looking to simplify and optimize the information management process without having to embark on costly, complex, time-consuming deployments that often require changes to infrastructure and business practices,” added Ariel Peled, Co-CEO, Nogacom.

AccessLogic is an information access and management software solution for business users. With AccessLogic users no longer need to search for business information. AccessLogic automatically identifies, classifies and organizes data based on its business context. Now users simply select the information they need using their own business terms and AccessLogic automatically retrieves it from any application or data repository across the organization.

ClassLogic is a fully-automated data discovery and classification software solution that gives Security and Compliance Officers an easy way to locate all information across the organization that is subject to information governance. Once identified, users can centrally define security policies across all the required information. ClassLogic then integrates with access control products, such as DRM and DLP, for enforcement.

Nogacom’s products are powered by Nogaclass, a revolutionary automated data classification technology platform. Unlike other data classification solutions, the Nogaclass platform automatically identifies and structures all enterprise content consistently by its business context, irrespective of its format and location. The Nogaclass platform is autonomous from the corporate infrastructure and non-intrusive. It is fast and easy to implement, and requires minimal maintenance.

About Nogacom

Founded in 2006, Nogacom is a privately owned company with headquarters in Tel Aviv, Israel and Wadgassen, Germany and offices in Switzerland. The company is also supported through a network of resellers and channel partners. More information on Nogacom is available at www.nogacom.com

Contact: Joanne Godfrey, Nogacom joanneg@nogacom.com +972-3-624-8444 Ext 126

Source: Nogacom Ltd.

Contact: Joanne Godfrey, Nogacom, joanneg at nogacom.com, +972-3-624-8444 Ext 126