For Immediate Release

CFO of RippleImpact a Judge for Ventureplex's Executive Business Plan Competition.

Redondo Beach, CA, December 2, 2001 - RippleImpact' CFO Jenny Sakhrani was invited to become a judge for the San Diego Ventureplex's business plan contest.

Ventureplex offers incubation services for seed stage companies and capital advisory services for later round companies. By handling many of the essentials, Ventureplex allows companies to focus on strategic priorities, such as product development and launch, resulting in accelerated time-to-market.

"Ventureplex has re-invented its strategy and offerings to meet the current needs of emerging companies," said Dante Fichera, managing director of Ventureplex. This contest marks Ventureplex's re-launch demonstrating its new business strategy of providing the capital resources and business infrastructure necessary to assist new companies grow and become successful.

Jenny Sakhrani, CFO of RippleImpact, says, "I am very excited to be part of another incubator's competition. As part of this industry, I am honored to provide my expertise to help fellow incubator companies and entrepreneurs."

San Diego Ventureplex, a specialized resource provider for emerging enterprises will give away a six-month incubation program or a six-month capital advisory service program as prizes for it's "Re-Invent Yourself" celebration. The winner will receive a furnished office at Ventureplex's downtown location for six months, as well as other services, including a T1 line, business development assistance, financial assistance, and introductions to potential strategic investors, angels or venture capitalists.

For media information, contact:
Brenda Harris
RippleImpact
Telephone: (310) 316-3100
Fax: (310) 316-9500
media@rippleimpact.com
http://www.rippleimpact.com

RippleImpact is a software development division focusing on custom object oriented applications and enterprise internet software solutions. It is a division of Philosopher's Stone Ventures, a high technology incubator based in Southern California.


RippleImpact is a member of the Philosopher's Stone Group of Companies
Copyright © 2001 RippleImpact, LLC. All rights reserved.