October 9, 2001

Carlsbad, California - October 9, 2001 - Objectiva Software Solutions today announced a partnership with China National Computer Software and Technology Service Corporation (CS&S), one of the largest software companies in China. Under the agreement, CS&S agrees to partner with Objectiva to expand its reach into the US market. In addition, Objectiva will have access to the considerable experience and talent pool of the 2,200 engineers at CS&S.

Douglas Winter, CEO of Objectiva commented, "I am very excited about this partnership with CS&S. Together we have more than 2,200 developers, which allows us to scale rapidly to meet the development needs of almost any client. The partnership also allows us to leverage CS&S technical expertise in such areas as embedded software and product localization. This truly is a case where the whole is considerably more than the sum of the parts."

Ms. Tang, CEO of CS&S said, "CS&S can provide software, retail and financial organizations with a range of software services to help them compete in today's market. Our partnership with Objectiva represents a significant step for us entering the US outsourcing market. We are pleased to have such an experienced and talented partner as we begin this process."

Winter added, "We have observed a trend of more and more companies opening their own, dedicated, offshore development centers. These centers can range in number from five to five hundred developers depending on the need of the client. Many companies are choosing a dedicated center not only for the cost advantages but also as a step toward selling their products in China, one of the world's fastest growing economies. Objectiva can help its clients get their products and their sales team ready to take advantage of the Chinese market."

Tao Ye, Chief Operating Officer of Objectiva remarked, "China is in many ways like India was five years ago. It has a large pool of highly skilled IT resources, many of whom graduated from the top technical universities in China, but at the same time, a shortage of companies and managers with the skill to operate in the US market. Objectiva's experienced management team combined with this extensive pool of technical talent offers US software and IT managers a technically strong and cost effective alternative to India."

 

About Objectiva Software Solutions
Objectiva Software Solutions is a privately held global software development services company, headquartered in Carlsbad, CA, with offices in Beijing, China. Objectiva provides its clients with experienced teams, managed by US-based technical leaders, with expertise in managing global software development efforts. Objectiva's teams have many years of expertise in architecting enterprise software solutions (J2EE, COM+ and MS .NET), web-based and client-server applications, and software for the wireless Internet. Objectiva provides its clients with the ability to reduce cost of software development without sacrificing quality, on-time delivery and time-to-market. With its affiliation with one of the largest software companies in China, Objectiva provides its clients in the US with affordable scalability and access to more than 2200 software developers, making it an emerging leader in the software outsourcing market.

For further information, contact Dan Bailey (dbailey@objectivasoftware.com) or visit us at www.objectivasoftware.com.

About CS&S
China National Computer Software and Technology Service Corporation (CS&S) was established in July 1990. The main core business of CS&S is servicing the high-tech enterprise, managing enterprise assets, researching and developing advanced software technologies and products. CS&S has more than 30 divisions that specialize in software and IT product development, system integration, information services, and software development outsourcing. CS&S has revenues in excess of $140M and has engaged in over 6000 projects from over 2000 clients. CS&S clients include Fortune 500 companies such as IBM, HP, NEC and others. CS&S is an authorized training center for Sun, IBM, Oracle and Microsoft.

For further information, contact us at info@objectivasoftware.com or visit us at www.objectivasoftware.com.

Statements included herein that state the Company's or Management's intentions, hopes, beliefs, expectations or predictions of the future are "forward-looking" statements that involve known and unknown risks and uncertainties. The Company's actual results, performance or achievements could differ materially from those expressed as implied by such statements.