EdgeWater Research Partners, LLC Issues Speculative Buy Recommendation on Webb Interactive...

Business Editors

DENVER--(BUSINESS WIRE)--July 2, 2003

Webb Interactive Services, Inc. (OTCBB:WEBB), a developer and marketer of real-time communications software and instant messaging (IM) solutions through its 43%-owned subsidiary, Jabber, Inc., today announced that EdgeWater

David Lavigne, lead analyst and sole partner of EdgeWater, noted: "The fact remains that WEBB is the only public investment vehicle that offers meaningful investment access to Jabber, Inc. (JINC). That being said, we think Jabber, Inc. is worth a hard look. ...we believe strongly that the markets these products address are going to experience substantial growth over the next few years, wherein triple digit CAGR's are not out of the question."

Lavigne's 25-page report also states: "We simply believe that JINC will continue to represent the most viable solution for enterprises, OEMs and carriers that cannot place themselves in a position of reliance on a technology partner that will ultimately be a competitor. That is how we see the world with respect to communication technology, and therefore think JINC represents the most viable alternative to IM and data transport for what may ultimately be many of the world's largest corporations."

Copies of the EdgeWater Research report on Webb Interactive Services are available for purchase on http://www.edgewaterresearch.com.

About EdgeWater Research Partners, LLC

EdgeWater provides both institutional and individual investors with quality equity research regarding "micro cap" and "small cap" companies for which little or no independent research is available. EdgeWater utilizes its industry experience and affiliations to uncover and analyze issuers that it believes offer exceptional investment opportunities, which they then articulate to its subscribers. David Lavigne, sole partner and analyst, has spent nearly 20 years in the securities industry primarily employed by small sell-side broker dealers involved in the provisioning of both investment banking and research services to micro cap and small cap companies. Mr. Lavigne's experience includes creating research and analysis for retail and institutional clients, as well as research that augmented the corporate finance departments of his respective firms. His research has encompassed several dozen public companies.

About Jabber, Inc.

Jabber, Inc. is the developer of the world's most widely used open platform for extensible instant messaging and presence management applications. Jabber Inc.'s commercial software has been sold and deployed to more than 3 million users. The Jabber Open Source project now has more than 150,000 servers in operation worldwide. Jabber has been adopted in the telecommunications, enterprise and software development markets by customers that include France Telecom, Hewlett-Packard, BellSouth, webMethods, AT&T, Landmark Graphics, and Juniper Networks. Jabber, Inc.'s investors include France Telecom (NYSE:FTE), Intel Capital, Intel's strategic investing arm, and Webb Interactive Services, Inc. (OTCBB:WEBB). Please see http://www.jabber.com for more information.

About Webb Interactive Services, Inc.

Webb Interactive Services, located in Denver, Colorado is an investor in Jabber, Inc., a developer of the world's most widely used open platform for extensible Instant Messaging and presence management applications. Founded by and initially financed by Webb, Jabber's investors also include France Telecom Technology Investissements and Intel Capital. For more information on the Company, please visit http://www.webb.net.