Redwood City, Calif., October 23, 2006 -- Migo Software (OTCBB:MIGO) today announced that it has signed a Letter of Intent (LOI) to acquire StompSoft, Inc.'s entire line of software titles. Migo's purchase includes StompSoft's popular PC BackUp, Registry Repair and Digital Vault/Portable Vault titles, currently found in leading retailers such as Fry's, Comp USA and Office Depot. Migo will also acquire StompSoft's web store.

Located in Irvine, CA, StompSoft is a privately owned manufacturer of award-winning backup, system utility and online security/privacy software. For the year ended December 2005, StompSoft had revenues of approximately $3.6 million. Migo expects to pay consideration of up to $6.35 million for the acquisition, including $500,000 in cash, $2.5 million in the form of a convertible subordinated note, up to $350,000 in debt assumption (also be converted into convertible subordinated notes) and up to a maximum of $3.0 million in royalties based on the future sales of StompSoft products during the 18-month period following closing. The transaction remains subject to negotiation of a mutually agreeable definitive acquisition agreement and customary closing conditions.

"The acquisition of these software titles will significantly broaden Migo's product line and allow us to capitalize on StompSoft's strong retail, web and OEM distribution channels," said Kent Heyman, CEO of Migo Software. "The acquisition will establish Migo as a leading supplier of data management solutions, and we're very excited about that."

Michael Hummell, president and CEO of StompSoft, said, "The Migo and StompSoft product lines perfectly complement each other and will bring tremendous value to consumers who need to synch, repair, secure or move data on their computers."

Migo software provides computer users a safe, easy-to-use, traceless method of working on personal files and their own email - including Microsoft Outlook® and Outlook Express® - on borrowed computers, eliminating the need to bring along a PC or laptop of their own. Users connect their Migo-enabled device to a handy PC, and with a few clicks that PC turns into their own, right down to the wallpaper on their screen, for as long as they need it. When finished, Migo leaves no trace of their personal files behind, and upon returning home it synchronizes that work with their own home or office PC. A demonstration of Migo can be found at http://migosoftware.com/takethetour.php.

About StompSoft, Inc.
StompSoft, Inc., founded in 1996 as "Stomp Inc.," invented the popular CD Stomper CD/DVD labeling system and publishes award-winning software for both consumer and business users. StompSoft is a recognized leader in backup, system utility and online security/privacy software. Headquartered in Irvine, California, Stomp Inc. is a privately-held company. For more information, visit www.stompsoft.com.

About Migo Software
Located at 555 Twin Dolphin Drive, Suite 650, Redwood City, CA, Migo Software, Inc. (OTCBB:MIGO.OB) is a global provider of secure mobile computing software. With its patent-pending technology, 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 Software's website, found at (www.migosoftware.com) provides additional information on the full line of Migo mobile computing products. NOTE: Migo;reg 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. 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 Migo Software's plans, prospects, expectations, strategies, intentions, hopes and beliefs and the expected benefits of the use of Migo Software products 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. Important risk factors affecting Migo's business generally may be found in its periodic reports and registration statements filed with the Securities and Exchange Commission at www.sec.gov. Risk factors related to the subject matter of this press release include the possibilities that the companies may not be able to reach a mutually agreeable definitive acquisition agreement; that Migo Software may not be successful in integrating the StompSoft products into its business; that depreciation, amortization and potential impairment charges associated with the acquisition could adversely affect Migo Software's results of operations; that approvals and governmental clearances needed to consummate the transaction may be delayed or withheld; that the parties' partners, customers or investors may react unfavorably to the acquisition by Migo Software; that if the acquisition is not completed, the parties' businesses may be harmed. 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.

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