Rimage Now Being Qumu

Rimage Corporation will
change its name to Qumu Corporation.

The change will take effect in the third
quarter of 2013.

The name change reflects the company’s ongoing commitment to the growing
multi-billion dollar market for enterprise video and rich content. Rimage’s
Qumu business is demonstrating success in this market, and has been recognized
by Forrester Research, Inc., as a
Leader in The Forrester Wave: Video Platforms for the Enterprise, Q1
2013 report. Revenue for the Qumu enterprise software business is expected
to grow by more than 50% in 2013.

Social business trends are driving increased use of video for enterprise
communication and collaboration. Qumu provides the tools, infrastructure and
service enterprises require to better create, distribute, secure and measure
video. The company’s solutions release the power in video to
engage and empower employees, partners, clients and their customers.

"Video is a catalyst for richer
business communication," said Sherman Black, CEO, Rimage. "We are focused on helping enterprises use
video to get the most from their social business investments."

Rimage will remain a product brand for the company’s CD/DVD/Blu-ray Disc publishing equipment.

"We remain committed to our Rimage
Disc Publishing business," said Black. "Our Rimage product line is anticipated to continue generating cash to
fuel our overall company growth."

The name change will take effect in Q3 2013. Rimage will work with its
customers, partners and suppliers to ensure a smooth transition of its
operations to implement this change.