TOWER Software Teams with the Virginia Economic Development Partnership

Business Wire, May 2, 2007

Leading Global Software Provider and State Economic Development Organization Will Work Together to Promote Growth

RESTON, Va. -- TOWER Software, a proven global leader in Enterprise Content Management (ECM) solutions, today announced it has established a relationship with the Virginia Economic Development Partnership (VEDP). Through this cross-promotional relationship, VEDP will help raise awareness and visibility of TOWER Software as a successful business based in Virginia; TOWER Software has the opportunity to tout the benefits of Virginia's pro-business environment.

"TOWER Software is a success story of a global company choosing Virginia and flourishing in the Virginia business environment," said Kimberly Weir, International Investment Manager at VEDP, based in Richmond. "The VEDP would like to showcase TOWER Software as an example for other global companies that are considering the establishment of business operations in the U.S."

TOWER Software's global headquarters are in Canberra, Australia with North American headquarters in Reston, Virginia.

According to Jan Rosi, President of TOWER Software North America, some of the reasons TOWER Software chose Virginia for its North American headquarters were:

* Quality and availability of a talented and experienced workforce

* Proximity to U.S. customers, including systems integrators as well as a variety of government agencies from Department of Defense to Department of Homeland Security to Department of Justice

* Expanding high tech environment

"This area is the new Silicon Valley," Rosi said. "Northern Virginia is now the hub of technology innovation and growth. TOWER Software North America is most certainly in the right place."

There is no financial exchange between the two organizations.

About TOWER Software

With more than 20 years experience, TOWER Software works with customers to turn vast amounts of information into an accessible value-enhancing asset. TOWER Software's globally proven Enterprise Content Management solutions empower organizations to achieve business success and compliance through best practice information management. The company's award-winning platform, TRIM Context, provides document management, records management, web-content management, imaging, workflow, and document-based collaboration in a single solution, enabling organizations to capture, manage, secure, and access information across the enterprise - from all forms of electronic data to physical records.

A privately held company founded in 1985, TOWER Software has deployed its solutions to over a million users worldwide, in government, pharmaceutical, energy and finance. To learn more about how TOWER Software can empower you to achieve success through information management, please visit: www.towersoft.com

About the Virginia Economic Development Partnership

The Virginia Economic Development Partnership, a marketing organization, was created by the Virginia General Assembly in 1995 to encourage, stimulate, and support the development and expansion of the economy of the Commonwealth. The Partnership is a state authority, which is governed by a 21-member Board of Directors appointed by the Governor and the Virginia General Assembly. To accomplish its objectives of promoting economic expansion within the Commonwealth, the Partnership focuses its efforts on business recruitment, expansion and international trade. VEDP has offices in Virginia, Belgium, Hong Kong, Mexico, Brazil, Korea and Japan.

Copyright (c) 2007 TOWER Software.

TRIM Context is a registered trademark of TOWER Software. All rights reserved.

All other product and company names herein may be trademarks of their respective owners.