Press Release

September 16, 2002

Thomas Mills Becomes Senior Vice President of Alferaz
Seasoned Executive to head the Channel and Partner Management Practice

Baltimore, MD, September 16, 2002. Alferaz, Inc., a full service accelerator for young companies in the process of expansion throughout North America, Europe and Asia announced today that Thomas O. Mills has been named Senior Vice President with responsibility for the company's Channel and Partner Management Practice.

Mr. Mills has 25 years of experience in sales and sales management of teams selling emerging technology software solutions to Early Adopters of Network Management and CAD/CAM products. Fourteen years of experience was with three entrepreneurial start-up companies which resulted in a successful management buy-out, acquisition by a larger public company and an Initial Public Offering (IPO), respectively.

Immediately prior to joining Alferaz, Mr. Mills was the Vice President, Global Channel Programs, for InfoVista S.A. In that capacity, he was responsible for InfoVista's Channel Operations in Europe, Asia and the Americas. During his tenure in this position, the indirect revenue grew to 34% (9.3 M Euros) of total revenues by the end of FY2001. Mr. Mills initially joined InfoVista in 1999 in the capacity of Director of Sales, Americas and Asia Pacific. In that position, he recruited, trained and managed a Sales and Sales Support Organization that grew from 4 employees to 26 employees, grew the customer base from 13 to 110 accounts and grew revenue from 0.4 M Euros to 12 M Euros. Prior to joining InfoVista, Mr. Mills spent fifteen years with InterCAP Graphics Systems, a company that he co-founded, that was later sold to Intergraph Corporation. He held positions of Vice President of Sales and Marketing, President and CEO, and Chairman. Between 1975 and 1983, Mr. Mills was with Applicon, Inc., later acquired by Schlumberger, in a number of sales and sales management positions. Mr. Mills is a graduate of the University of Vermont with a BSME in Mechanical Engineering.

"I am thrilled to bring Tom on board", said J. Anthony Vidal, President and CEO of Alferaz, Inc. "Tom's unique experience with young companies coupled with his extensive experience setting up and managing distribution channels for emerging technology companies makes him the perfect match for our clients in the Channel and Partner Management Practice", he added.

Currently the Channel and Partner Management Practice has European and Japanese clients and will expand its services to North American clientele seeking to establish partners in Europe and Asia.

About Alferaz
Alferaz, Inc. is a full service accelerator for young companies in the process of expansion throughout North America, Europe and Asia. Alferaz helps its clients overcome typical operating obstacles through shared workspace, technology infrastructure, business services and professional services, leaving them free to concentrate on their core competencies.

Contact:
Helene Lamontagne
1220 Canterbury Dr.
Eldersburg, MD 21784
(410) 549-7212
hlamontagne@alferaz.com