REDWOOD CITY, CA, March 27, 2007-- Migo Software, Inc. (OTCBB:MIGO) today announced financial results for the year ended December 31, 2006.

For the year ended December 31, 2006, the Company reported revenues of $345,228 and recorded non-cash charges of approximately $7.5 million, primarily from the expensing of stock option awards that contributed to a net loss of $11,466,724, or ($0.18) per share. For the previous fiscal year (the nine month period from April 1, 2005 to December 31, 2005 as a result of the change in the Company’s fiscal year), revenues totaled $194,199 and net loss was ($0.31) per share.

“2006 was a year of significant transition for Migo,” said Kent Heyman, Co-Chairman and Chief Executive Officer. “Our goal for 2006 was to set a foundation on which to build an organization that could effectively commercialize Migo’s innovative mobile computing software. In order to do so, we needed to stabilize the company, improve our balance sheet and raise the necessary capital to attract great channel partners and growth through rational and synergistic acquisition. We also needed to implement substantial product enhancements and bring on key sales and marketing personnel to help identify new global sales opportunities. We are pleased to report that we achieved all of these milestones.”

Heyman continued, “The positive impact of these changes became evident in the latter half of 2006. In September, we signed a noteworthy licensing agreement with Kingston Technology Corporation, the world's largest independent manufacturer of memory products, which began generating revenue in the fourth quarter. In December, we completed the acquisition of StompSoft which significantly broadened Migo's product line and provided access to attractive retail, web and OEM distribution channels. As a result, Migo software can now be found in leading retailers such as Fry’s Electronics, Sam’s Club, Office Depot, CompUSA, Circuit City and Target, among others, and we anticipate that our software will be found in over 7,000 storefronts by the end of 2007.”

“With significant non-cash charges and organizational changes behind us, growing partner relationships and the expansion of our product line, we believe the foundation is set for improved performance going forward. I am pleased to note that Migo ended the year with $3.5 million in cash equivalents and no debt. Shareholders’ equity increased to $7.8 million at December 31, 2006 from a deficit of $4.7 million at December 31, 2005. By the end of 2007, we expect to be cash flow positive and report 2007 revenues in the range of $6.5- 7.0 million,” Heyman concluded.

About Migo Software, Inc.

Located at 555 Twin Dolphin Drive, Suite 650, Redwood City, CA, Migo Software, Inc. (OTCBB:MIGO) is a global provider of secure mobile computing software. The Company's award-winning Migo® synchronization and PC portability software increases business and personal computing portability, allowing users to take their Outlook® and Outlook Express® email on a portable storage device. Migo’s StompSoft line of software utilities span a range of categories including backup, system utility and online security/privacy software and include popular brands, such as PC Backup, Registry Repair and Digital Vault/Portable Vault, and others.

Migo Software's website, found at www.migosoftware.com, provides additional information on the full line of Migo mobile computing products and StompSoft line of software utilities.

NOTE: Migo® is a registered trademark of Migo Software, Inc. All other company and product names mentioned may be trademarks or registered trademarks of their respective holders and are used for identification purposes only.

Forward Looking Statements:
Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, statements in this press release that are not historical facts, including those statements that refer to future revenues, cash flow performance and distribution arrangements and other plans, prospects, expectations, strategies, intentions, hopes and beliefs, are forward-looking statements. These forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings. These risks include, but are not limited to, risks related to: economic conditions in general and conditions in the Company's industry and target markets in particular commercialization and technological difficulties; capacity and supply constraints ;timely product and technology development/upgrades and the ability to manage changes in market conditions as needed; market acceptance of new products and continuing product demand; the impact of competitive products and pricing on the Company's and its customers' products and markets; development, release and sales of new products by strategic suppliers and customers; and reliance on third parties.. Any forward-looking statements are based on information available to Migo Software today and Migo Software does not undertake any obligation to update any of the forward-looking statements after the date of this press release. Reference to the Company's website above does not constitute incorporation of any of the information thereon into this press release.

“Financial Tables to Follow”

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