Timeline Receives Mexico Patent on Data Mart Generation Technology

Business Wire, Jan 9, 2003

Business Editors/High-Tech Writers

BELLEVUE, Wash.--(BUSINESS WIRE)--Jan. 9, 2003

Timeline, Inc. (OTC/BB: TMLN), announced today it has been awarded a patent by the Mexican Institute of Industrial Property, the company's third international patent award. While it may take some period of time for the patent to be assigned an official numerical designation, the technology covered by this patent is virtually identical to that contained in Timeline's U.S. Patent Numbers 5,802,511 and 6,026,392 covering certain innovations for the automation of data mart design with multiple source capability. Timeline's embodiment of the patented technology is primarily in products that utilize data marts in the transformation, preparation and maintenance of accounting data for reporting, budgeting and analysis.

Mexico joins Israel, Australia and the United States in recognizing Timeline's unique technology. "Intellectual property is one of the core assets of our firm and this patent award further solidifies our position as a global leader in the transformation, preparation and maintenance of data from varied sources in data marts optimized for reporting, budgeting and analysis," stated Charles Osenbaugh, president and chief executive officer. "Since 1998, we have generated more than $12 million in patent license fees from many of the world's largest software companies, including Microsoft (Nasdaq: MSFT), Lawson Software (Nasdaq: LWSN), Sagent Technology (Nasdaq: SGNT), Oracle (Nasdaq: ORCL) and Hyperion Solutions (Nasdaq: HYSL)."

Timeline's product line applies its patented technology to distribute data marts of information drawn from a wide variety of accounting and financial systems. These data marts are used on the desktop for reporting, budgeting and analysis displayed through Timeline's web and Excel-based products. This eliminates re-keying of data while maintaining data integrity, and allows each end user to develop personal analysis or reports using Timeline-enhanced technology. The company's primary products, Timeline Analyst and Timeline Budgeting, provide reporting, budgeting and consolidation through client/server and desktop software applications based on Windows/Windows NT and Microsoft Office systems.

About Timeline

Timeline develops, markets and supports proven, Microsoft Windows-based financial management reporting software suitable for complex applications such as those found in medium to large, multinational corporations. Timeline Analyst was developed for Windows, Office and Windows NT and takes full advantage of Microsoft's latest operating systems. Timeline can be reached at 800-342-3365 or on the web at www.timeline.com. WorkWise Software, Inc., a subsidiary of Timeline, is the leading provider of event-based notifications, application integration and process automation systems to the mid-market. The WorkWise solutions are exclusively available through authorized OEM and Reseller Business Partners. WorkWise OEM Partners include Best Software, ACCPAC International (a division of Computer Associates) and Deltek Systems Corp. (Nasdaq:DLTK). Reseller Partners include Delphia Consulting Group, Relevant Business Systems, and Eclipse Computing. For more information on WorkWise Software, Inc., visit its website at www.workwise.com.

NOTE: Transmitted on Business Wire on January 9, 2003 at 9:30 a.m. PST.