For Immediate Release

RippleImpact Partners with Epoch in WebAccelerator Program

April 10, 2001, Redondo Beach, CA - RippleImpact, a division of Philosopher's Stone Ventures, recently entered into a partnership with Epoch Internet as part of its WebAccelerator Program.

According the Epoch Internet, the program "provides qualified companies with end-to-end e-business technology infrastructure for six months, and helps accelerate early stage development and has the goals of enabling start-ups to prove their concept, raise capital and get to market quickly."

"Partnering with Epoch will really add to what we - as an incubator - offer our portfolio companies and clients," noted S. Ramesh, President and Chief Software Architect of RippleImpact. "We can get our companies up and running strategically, and then make sure that they have the infrastructure resources they need to be viable in the marketplace."

The benefits of the program include hardware, software and web hosting on Windows and Linux operating systems, as well as connections into the funding community.

Epoch and IBM announced the WebAccelerator program in April 2000 and selected the first round of qualifying companies in May. To start in the program, each company attends a two-day seminar that focuses on business and technology education, as well as developing key industry relationships with recognized legal, accounting and technology firms. The program's business development partners include Silicon Valley Bank, O'Melveny & Meyers LLP, Deloitte & Touche and several venture capital and business consulting firms.

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.