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M-Tech Information Technology, Inc. Named 2008 Hot Companies Award Finalist

M-Tech nominated in Security category

Calgary, Alberta, Canada - November 5, 2007 -M-Tech Information Technology Inc, a leading provider of identity management solutions,today announced it has been named a "2008 Hot Companies" finalist by Silicon Valley Communications. The 2008 Hot Companies winners will be announced and honored at the 2008 Executive Leadership Summit (Technosium, http://www.technosium.com) at the Santa Clara Convention Center located in the heart of Silicon Valley, California, USA on January 27-29, 2008.

The coveted Hot Companies 2008 evaluated information technology organizations from around the globe in areas including security, wireless, storage, networking, software and communications. Companies were evaluated based on entrepreneurial spirit, seasoned executives with relevant experience, a clear understanding of the segment of their respective IT markets, products and solutions that are positioned to take advantage of the emerging market opportunities, well developed revenue-growth model and clearly planned expansion strategies.

M-Tech was nominated in the Security category of the awards. M-Tech was selected a finalist as their password management, user provisioning and compliance solutions help customers to strengthen network security, lower IT operating costs, enhance user productivity and meet audit requirements. M-Tech products have been deployed at over 680 organizations world-wide with over 7 million users between them.

M-Tech is a privately held company, founded in 1992. M-Tech released its first identity management product, P-Synch, in 1995. M-Tech currently has 140 employees and is enjoying strong financial performance, with 56 consecutive quarters of growth and profitability

About M-Tech Information Technology, Inc.

Hitachi ID Systems, Inc. is a leading provider of identity and access management solutions. Hitachi ID software helps almost 1000 organizations with over 12 million combined users meet security, internal control, regulatory compliance, IT cost reduction and user service objectives.

Hitachi ID Management Suite includes Identity Manager http://Hitachi-ID.com/identity-manager/, Password Manager http://Hitachi-ID.com/password-manager/ and Privileged Access Manager http://Hitachi-ID.com/privileged-access-manager/. These products manage identities, entitlements and authentication factors across both on-premise and SaaS applications in the cloud.

Industry analyst Ovum Consulting recently recognized Hitachi ID Systems as an enterprise identity and access management powerhouse, citing the company's robust technology and exemplary customer support. Ovum “believes that Hitachi ID's focus on reducing the administrative and helpdesk burden and the company's focus on bottom-up IAM reflects the way in which organizations operate.”

For more information about Hitachi ID Systems and its products, please visit http://Hitachi-ID.com/ or call 1.403.233.0740.

M-Tech Contact

Dawn Mallyon
VP Marketing
Hitachi ID Systems, Inc.
500, 1401 1st Street S.E
Calgary, AB T2G 2J3
1.403.233.0740 ext. 324
dawn_mallyon@Hitachi-ID.com