FOR IMMEDIATE RELEASE

CORAL8 ENGINE NAMED FINALIST IN 17th ANNUAL JOLT PRODUCT EXCELLENCE AND PRODUCTIVITY AWARDS

Innovative Product is the Only Complex Event Processing Software Selected in Broad Category

MOUNTAIN VIEW, California, January 24, 2007 -- Coral8, Inc., a leading provider of Complex Event Processing (CEP) software, today announced that the Coral8 Engine has been named a finalist in the 17th Annual Jolt Product Excellence Awards. The Coral8 Engine is a finalist in the Best Database Engines and Tools category and is the only CEP software product to be named a finalist across all categories in the awards program.

During the past 16 years, CMP Media has presented Jolt Product Excellence and Productivity awards to spotlight products that have made it faster and easier to create enterprise software. Products in the Best Database Engines and Tools grouping help facilitate, maintain and manage the storage and retrieval of data and objects, including search tools for the desktop and the enterprise.

"It’s a tremendous honor to be chosen as a finalist for this prestigious award,” said Terry Cunningham, CEO of Coral8, Inc. “Being named a finalist in the Database Engines and Tools category speaks to the growing interest in CEP within the broader context of enterprise information management. The fact that we are the only CEP product in the entire program serves as a testament to the innovation and dedication of the Coral8 development team.”

“The Jolt Product Excellence and Productivity Awards seek to identify the software products, books and websites that developers should be using today,” said Rosalyn Lum, CMP Technologies. “We congratulate Coral8 for the recognition. Our judges looked at hundreds of applications to select the most innovative, trend-making, ahead-of-the-curve products for developers.”

The Coral8 Engine combines a high-performance stream processing architecture, standards-based development language, and enterprise-class server features to ease the building and deployment of CEP applications. Coral8 removes development complexity, reduces time-to-deployment and lowers administration costs to get powerful CEP applications up and running quickly.

Winners will be announced at SD West 2007, March 21, 2007, in Santa Clara, Calif. More information on the award can be found at http://joltawards.com/2007/.

About Coral8

Based in Mountain View, Calif., Coral8, Inc. is a leading provider of software for complex event processing (CEP). Bringing together high-performance, an innovative SQL-based programming language and enterprise-class features, the Coral8 Engine is the fastest, lowest cost way to build and deploy powerful new CEP applications. For more information, visit www.coral8.com or call (650) 210-3810.

Media Contact

Heather Sieberg
Bateman Group for Coral8
(408) 984-5039
coral8@bateman-group.com