For Immediate Release

RippleImpact Collaborates with IBM PartnerWorld at Premier Level

May 1, 2001, Redondo Beach, CA - RippleImpact today, announced that it had joined IBM's PartnerWorld program at the Premier Level, a key collaborative effort in which the two organizations work together to find the best solutions for the incubator's portfolio companies.

"IBM is one of the most established technology companies in the marketplace," noted S. Ramesh, President and Chief Software Architect for RippleImpact. "Joining the PartnerWorld program gives us a valuable network of business partners and access to forward-thinking e-business solutions for our companies."

The program provides benefits to members including: differentiation under the IBM brand, co-marketing opportunities, lead generation and business development, access to hardware, software and technical support, and focused efforts that improve customer satisfaction and retention.

RippleImpact will leverage the benefits of this relationship for its client companies as well as the other divisions - RippleImpact and Philosopher's Stone Ventures. RippleImpact is a division offering Internet and custom application development

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.