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Gladwyne Software Surety Announces CertificationPlus Powered by Ajunto

IT Risk Management and IT Software Companies Partner to Minimize Technology Sourcing Risks

Philadelphia, PA, March 29, 2001 - Gladwyne Software Surety Inc., the leader in information technology (IT) risk management, and Ajunto, Inc., an IT automation software company with the industry’s premier IT sourcing platform and service, today announced the introduction of CertificationPlus, a new service designed to help IT organizations reduce the risks associated with sourcing and implementing complex IT solutions. This innovative and timely offering combines Ajunto’s IT Automation Software platform and Gladwyne’s proprietary risk management methodology to create a more reliable way for IT professionals to ensure that their IT initiatives are delivered on time and on budget.

With CertificationPlus, IT professionals gain a powerful new way to make IT sourcing projects more convenient, efficient and ultimately more successful. The service uses Ajunto’s eConfiguration Engine technology to analyze an organization’s unique IT requirements in tandem with Gladwyne’s proprietary methodology, The Missouri Method SM, which identifies, assesses and manages any associated IT project risks.

"As the accelerating pace of e-business demands that lines of business and IT organizations respond rapidly in competitive markets and assume more risks, high-performing organizations will be those that understand and manage the risks and rewards associated with rapid technology adoption,” said Al Passori, Vice President of META Group, a leading industry research analyst firm. “Without systematic IT risk management, the entire enterprise's valuation can be placed at risk. The IT risk management process manages IT exposures and controls activities with the intent of providing an efficient risk mitigation plan to minimize potential adverse impacts on earnings, cash flows, goodwill, brand image, and shareholder equity. “

“We’re pleased to partner with Gladwyne to automate and simplify the way companies evaluate IT project risk,” said Steve Joblin, general manager of Ajunto’s IT Automation Software Group. “Together, we can help companies reduce the costly delays and failures that are plaguing IT budgets.”

“We believe CertificationPlus is a ground-breaking tool that will fundamentally redefine how organizations source and implement their IT solutions,” said Mort Goldman, founder and CEO of Gladwyne Software Surety. “Gladwyne and Ajunto have created a digital delivery channel that gives IT organizations what they desperately need -- the smart and timely procurement of IT services in a way that ensures IT investments are delivered on time and on budget.”

About Gladwyne Software Surety
Gladwyne Software Surety, Inc. (GSS), headquartered in King of Prussia, PA, is the leading provider of information technology (IT) risk management products and services. Gladwyne’s Risk Management Program uses the Missouri MethodSM, the Company’s proprietary methodology for identifying and managing IT risk to ensure on-target, on-budget IT projects that protect corporate return-on-investment. Gladwyne establishes true accountability for technology implementations by providing clients with an objective, third party assessment, ongoing project audit, and the only insurance-backed guaranty for IT project implementations in the market. Gladwyne investors include PA Early Stage, a Safeguard Scientifics-affiliated fund (NYSE:SFE), The Eastern Technology Fund, BaseCamp Ventures, CIP Capital, and selected individuals. For more information about Gladwyne Software Surety, please visit: www.fortera.com.

About Ajunto
Headquartered in suburban Philadelphia, Ajunto is a leading software company dedicated to automating the IT industry by increasing the efficiency of technology buying and selling for the Global 2000. Through its innovative collaborative commerce platform, Ajunto helps companies create “buying webs” and “selling webs” to maximize the efficiency of the entire IT commerce chain. Ajunto’s “buying web” provides companies with an effective way to streamline the selection, procurement, and implementation of complex IT solutions while Ajunto’s “selling web” enables companies to streamline the sales, marketing and servicing of their IT deliverables. Together, these two distinct elements of the IT commerce chain form a powerful “business web”. Through its patent-pending IT Automation SoftwareSM platform and Intelligent Sourcing ServiceSM, Ajunto has created the first platform for automating the entire IT commerce chain. Ajunto's investors include Pennsylvania Early Stage Partners II, a Safeguard Scientifics-affiliated fund (NYSE: SFE), META Group (NASDAQ:METG); The Eastern Technology Fund; Lenfest Enterprises LLC; Brobeck Phleger and Harrison; Unwired Ventures; and Cross River Partners. For more information, please visit: www.ajunto.com.

The Ajunto name and design are trademarks of Ajunto, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.

   
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