Mirus completes 409A valuation for Zipit Wireless

Zipit Wireless (“Zipit”), a leader in innovative communications and M2M solutions, retained Mirus to provide a valuation of the Company’s common stock in order to issue stock options to employees. Zipit focuses on delivering fully connected, wireless solutions that use the company’s unique strengths in wireless connectivity, user-friendly device software, and cloud-based infrastructure to access IP services. The technology created by Zipit has been shipping in Zipit-branded and top tier branded solutions since 2004 – enabling people to connect to people and their personalized Internet content.

About Mirus Capital Advisors

Mirus Capital Advisors provides investment banking solutions to corporate clients in technology, business services, manufacturing, consumer products, health care, and the resort & hospitality industry. Since 1987, Mirus has provided corporate finance advisory services on engagements including mergers, acquisitions, divestitures, recapitalizations, and valuations. For additional information, visit www.merger.com.