Spring2 Technologies Develops Software System That Grows SeamlessWeb by 10,430 Percent; Inc.

SALT LAKE CITY -- Spring2 Technologies today announced the Web-based software system it designed for SeamlessWeb has placed the food and catering procurement company as the fourth fastest growing private company in the United States, according to Inc. magazine's 2004 Inc. 500.

Spring2

"This is an important recognition for us as well because it shows that the Spring2-powered technology developed for SeamlessWeb is working exceptionally well for its customers," said Neff Broadbent, president of Spring2 Technologies. "It is working so well that SeamlessWeb has attracted numerous new clients in the past year, growing the company more quickly in a 12-month period than ever before and extending the reach of its business significantly."

Launched in 1999, SeamlessWeb provides a Web-based system that enables online ordering and client billing by electronically linking companies and their employees to the best local restaurants, caterers, florists, gift-basket purveyors, pantry supply companies and other vendors. The Spring2-powered SeamlessWeb solution offers a cost-effective alternative to in-house dining facilities for small- to mid-size companies and a solution that optimizes the value of cafeterias for large companies.

"Spring2 has been more than just a fantastic development company, they have truly partnered with our business," said Jason R. Finger, SeamlessWeb chief executive officer and co-founder. "I attribute a huge amount of our success to their knowledge, flexibility and professionalism."

SeamlessWeb's clients include 10 of the 12 largest investment banks, more than 80 of the AmLaw 100 law firms, and dozens of businesses in private equity, asset management, accounting and consulting, securities dealing, advertising and public relations, broadcasting, media/entertainment, fashion, pharmaceuticals and other industries.

About Spring2 Technologies

Spring2 Technologies partners with companies to target their technology goals with proven processes, tools, and resources. Spring2's approaches lead to faster return on investment, competitive differentiation and scalable growth. With products and services ranging from custom application development to ERP business systems, Spring2 helps clients generate real value from their business systems. For more information about Spring2-powered solutions, visit www.spring2.com.

About SeamlessWeb

Launched in 1999, SeamlessWeb provides a Web-based system that enables online ordering and billing by electronically linking companies and their employees to the best local restaurants, caterers, florists, gift-basket purveyors, pantry supply companies and other vendors. By enhancing expense control and reducing administrative overhead, SeamlessWeb cuts companies' costs by as much as 30 percent. For more information about SeamlessWeb's cost-cutting solutions, visit www.seamlessweb.com.