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Cast Iron Systems, Inventor of the Applications Router, Announces Additional $14 Million in Financing

INVESCO, Norwest Venture Partners and Sequoia Capital Joined by Evercore Ventures LLC and ITOCHU Corporation and ITOCHU TECHNO-SCIENCE Corporation (CTC) in Latest Round to Fund Further Expansion

Cast Iron Systems, the pioneer of data integration appliances, announced today it has received an additional $14 million in financing, and the addition of new investors: Evercore Ventures, LLC, ITOCHU Corporation and CTC. These new investors join INVESCO Private Capital, Norwest Venture Partners and Sequoia Capital. To date, Cast Iron Systems has secured $34.3 million in venture capital. The new Series D capital will be used to expand sales, marketing and engineering efforts as the company continues to broaden its market opportunities.

Cast Iron Systems provides an appliance-based approach to connecting applications that is enabling Fortune 500 companies to slash the time and cost of data integration by up to 80%. The Application Router(TM) is a self-contained appliance that delivers everything needed to connect application data and/or business partners. Just as the network router revolutionized networking with a simple, reliable, low-cost device, the Application Router does the same for disparate application data.

"We are pleased to join the elite group of investors that shares the same vision of Cast Iron Systems and the exploding data integration market," said Takashi Kameda of ITOCHU Technology, Inc. (ITI), an ITOCHU subsidiary company. "Cast Iron Systems has developed a one of a kind product, the Application Router, which continues to solve critical problems for our customers. The company's ability to attract customers, and its experienced executive team, will serve it well as it continues to blaze a trail in the data integration market."

"Our momentum continues to be reflected by strong interest from the venture capital community. This latest round of financing will help Cast Iron as it expands into new markets and further develops its sales, marketing and engineering as we build out our vision of the Application Network," said Fred Meyer, CEO and president of Cast Iron Systems.

Cast Iron Systems' executive team is led by President and Chief Executive Officer Fred Meyer. Meyer brings more than 19 years of leadership and industry experience to the Cast Iron team. Prior to joining Cast Iron, Meyer served as TIBCO's Chief Marketing Officer for a number of years before becoming Chief Strategy Officer, where he defined TIBCO's long-term vision.

About Application Router

The Cast Iron Application Router is the first integration solution to simplify data integration projects where traditional integration solutions are overly complex and custom programming is too time consuming. The product solves the most common integration problems by connecting, transforming, and routing data and events from source to target systems. It has sophisticated features including guaranteed delivery of messages and failure notifications. This hardware appliance is the simplest and least expensive way to solve data integration problems, delivering value in days not months.

About Cast Iron Systems

Cast Iron Systems is the inventor of the Application Router. Cast Iron's unique products enable enterprises to drastically accelerate their integration projects while reducing costs by offering a simple yet scalable device. Based in Mountain View, California, Cast Iron was founded in 2001 and consists of a world class team committed to solving the costly and complex IT data integration challenges facing today's Fortune 500 organizations. For more information, visit Cast Iron's website at www.castironsys.com.

Cast Iron Systems, the Cast Iron Systems' logo, Rethink Integration and Cast Iron Systems Application Router are trademarks or registered trademarks of Cast Iron Systems, Inc. in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.

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