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For Immediate Release

Elario Incorporated Announces Launch of New Research and Development Company and Establishes its Headquarters in Aliso Viejo, California

ALISO VIEJO, California – October 9, 2001 – Elario Incorporated, a new Research and Development firm that recognizes the distinct advantages of being early innovators within the software architecture and development industry, today announced the opening of its new headquarters in Aliso Viejo, California.

The opening of this new facility represents the first major step in implementing the company’s revolutionary software solutions that will provide partners and customers with exciting new opportunities in the Web-based and wireless-enabled emerging technologies market sector.

Elario’s foresight and expertise give it the unique ability to design, develop, and implement revolutionary solutions that provide its partners and customers with exciting new opportunities and the ability to effectively leverage new technologies in order to dominate their markets.

Elario utilizes leading edge technology, development tools, and methodologies to create both true Web-based and wireless-enabled enterprise business solutions that allow real-time business logic and data availability across heterogeneous applications, client platforms, server environments, and networks.

In order to keep pace with the tremendous changes and advancements in information and communication technology, fully 75% of Elario’s employees are directly involved in Research and Development. This skilled technical team has keen insight into emerging technologies and is well equipped to develop meaningful business solutions for the current century.

Elario is committed to rapidly design, develop, and implement revolutionary software solutions using the most advanced software development methodologies, and to be the first to offer those solutions to its partners and customers. Elario currently offers an array of software development services that range from architecting e-commerce solutions, moving companies from legacy environments to e-commerce environments, and assistance with complex integration issues. The company’s well-qualified software development team can be instrumental in helping shape the ground floor of any company’s e-commerce infrastructure.

Elario’s headquarters are located in Aliso Viejo, California, the heart of south Orange County’s Technology Corridor. Situated on the Enfrastructure campus, Elario takes advantage of a flexible business atmosphere that reduces the need for heavy infrastructure requirements and non-core personnel costs. This allows Elario to concentrate entirely on its core competencies, so that the company can provide rapid development of leading edge, high-quality solutions that are the first of their kind to be offered to its partners, customers, and prospects.

About Elario Incorporated:
Elario Incorporated has its corporate headquarters at 65 Enterprise, Aliso Viejo, California 92656. Elario Incorporated can be reached at 949.330.6600, by fax at 949.330.6601, or by email at info@elario.com; the Web site may be accessed at www.elario.com.

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All company, brand or product names are registered trademarks or trademarks of their respective holders. This press release may include forward-looking statements, including statements regarding the company’s product development plans, which are subject to change. The actual results may differ materially from those described in any forward-looking statement.

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