For Immediate Release

RippleImpact and Intel Online Services Join Forces

January 23, 2002, Redondo Beach, CA - RippleImpact is proud to announce it's recent partnership with Intel Online Services, a subsidiary of Intel Corporation. The services offered by Intel include, Managed Hosting Services, Network Services, Scalable Data storage and Co-Location.

"We are ecstatic to be associated with Intel Online," states Jenny M. Sakhrani, CFO of RippleImpact. "They are the global leaders of web-services and to be associated with a company dedicated to delivery the highest quality, reliability and innovation in their services will be advantageous for us and our clientele."

The benefits from the alliance with Intel will allow RippleImpact to have access to their top quality services, that include, managed hosting, co-location services, and scalable data storage. Jenny M. Sakhrani goes on to note that the decision to partner with Intel was further motivated "by their distinguished clientele listings that include, American Stock Exchange, BBC Technologies, Eastman Kodak and Sony."

RippleImpact is the software division specializing on custom object oriented applications and enterprise Internet software solutions. It is a division of Philosopher's Stone Ventures, a high technology incubator. Intel Corporation has been a global powerhouse for many years. They also have a venture division called Intel Capital, which is the strategic investment program investing in the technological sector. This division supports Intel's product initiatives and new business ventures.

For media information, contact:
Belinda Racasa
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.