SourceCode Honored by Winning Two Top Awards at Microsoft Worldwide Partner Conference; Microsoft Bestows Information Worker Solutions Technology Innovation Partner of the Year and Global Winning Customer Award to SourceCode

Business Wire, July 25, 2006

BOSTON -- At the 2006 Microsoft Worldwide Partner Conference in Boston, SourceCode Technology Holdings, Inc., a global leader for enterprise business process management software built on the Microsoft platform, today announced the company's achievement in being the top recipient of two awards including the Information Worker Solutions Technology Innovation Partner of the Year and the Global Winning Customer Award -- IBM Lotus Notes Compete category; and was selected as a finalist in the Global ISV Partner of the Year award.

Awards were presented in a number of categories, from a pool of more than 2,300 entries world wide. SourceCode was recognized for superior Technology Innovation in Information Worker Solutions which recognizes solution providers that help customers realize increased service revenues, new market opportunities and a renewed focus on high-value customer engagements via technology. SourceCode won this award by providing solutions built on familiar programs that enable their customers to better manage, prioritize and collaborate on increasing volumes of information.

"It is a privilege to recognize SourceCode as a winner of this year's Information Worker Solutions Technology Innovation Partner of the Year and Winning Customer Awards," said Allison Watson, corporate vice president of the Worldwide Partners Group at Microsoft Corp. "It is this level of commitment in reaching out to customers and underscoring the value of the Microsoft Windows integrated software platform that enables continued success for Microsoft and our partners. We applaud SourceCode for its efforts to implement solutions that successfully met its customers' IT needs by migrating its systems to take advantage of the Microsoft platform."

"We are excited to work with partners such as SourceCode to meet the needs of our mutual customers," said Eddie Amos, senior director of the Global ISV Group at Microsoft. "SourceCode brings an unparalleled level of collaboration to the Microsoft platform and has distinguished itself among partners in a highly competitive field. Its dedication to customer needs and a vision for success will help transform the way businesses work and innovate."

SourceCode's K2.net 2003 product has been designed from the ground up on the Microsoft platform. K2.net forms the foundation of numerous vertical and horizontal industry solutions which enables customers to derive significant value from their Microsoft investments.

SourceCode was recognized for its successful implementation of a Microsoft-based solution, versus utilizing the technology of other vendors, which resulted in significant benefits to customers. Award winners were required to have implemented solutions involving successful migrations, custom software development or completing customer upgrades that make optimal use of Microsoft technology. SourceCode won this year's award by expertly developing a customer solution that exemplifies the benefits of working on the Microsoft platform rather than those of other technology vendors.

"We are honored to have won two highly sought-after partner awards from an organization that works with premier partners around the world. We know our solutions are being well received by our customers and the three award nominations, including two wins, validates the strength we provide to the Microsoft platform," said Olaf Wagner, chief information officer, SourceCode. "Being named the best partner to offer Information Worker solutions and deliver technology on the Microsoft platform reflects the growing recognition of how important Workflow and Collaboration are to the business user."

About SourceCode

SourceCode Technology Holdings, Inc. develops the award-winning K2.net 2003 enterprise workflow offering. K2.net 2003 is the leader in business process management for .NET through its enablement of rapid solution assembly to optimize interactions between people, systems and process. Customers derive significant value from their Microsoft investments by leveraging K2.net 2003 and its powerful, proven and seamless integration across a range of products including: Microsoft Office 2003, Microsoft Office InfoPath 2003, SharePoint Portal Server 2003, Microsoft Office Project Server 2003, Microsoft Content Management Server 2002, Live Communications Server 2005, BizTalk Server 2004, Exchange Server 2003, and Visual Studio.NET. In conjunction with its global partner network,

SourceCode has developed solutions to help manage and monitor processes that are designed to help customers increase profitability, reduce costs, improve customer satisfaction, and maintain compliance efforts. SourceCode Technology Holdings, Inc. is headquartered in Redmond, Washington and has offices in the United States, Canada, the United Kingdom, France, Germany, South Africa, Australia, and Singapore. SourceCode and K2.net are registered trademarks or trademarks of SourceCode Technology Holdings, Inc. in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.