Critical Path - Messages That Matter

www.criticalpath.net Founded in 1997, Critical Path, Inc. has a strong history of delivering messaging solutions for mobile, broadband and fixed-line service providers. Headquartered in San Francisco with offices around the globe, Critical Path's messaging solutions are deployed by more than 200 service providers throughout the world, including Vodafone, T-Mobile International, mmO2, Telecom Italia, Telefonica, Tiscali, SK Telecom, and Virgin.net. Critical Path currently has approximately 350 employees in sales, development and support offices worldwide.

Shareholders

In 1999, Critical Path became a publicly traded company under the stock symbol Nasdaq: CPTH. Today, the company's major shareholders include Asian conglomerate Cheung Kong Holdings, parent company of Hutchison Whampoa, and General Atlantic Partners.

Products and Solutions

Focusing on the market for email, mobile email and value-added messaging services, Critical Path unveiled Memova — a new brand of consumer messaging solutions for mobile operators, broadband and fixed-line operators in early 2005. Today, Critical Path's Memova solutions provide a better messaging experience for millions of consumers worldwide, helping operators unlock the potential of email, mobile email and messaging in the mass market.

Memova Mobile gives consumers access to the messages that matter most on their everyday mobile device. Memova Messaging provides email and rich multimedia applications for broadband consumers. Featuring industry-leading anti-abuse technology, Memova Anti-Abuse enables consumer email services that are virtually spam and virus-free.

Critical Path's portfolio also includes leading identity management and messaging solutions that are deployed in enterprises, governments and telecom operators worldwide.