For Immediate Release

RippleImpact Partners with Tech Data

August 27, 2001, Redondo Beach, CA - RippleImpact recently joined partnership with Tech Data, a leading global provider of IT products, logistics management and other value-added services.

With revenues of $20.4 billion this fiscal year, Tech Data is ranked 95th in the Fortune 500 2001 listing. According to InternetWeek 100 E-Business Industry Leader, Tech Data was recognized as an "E-Business Leader" for the leading and retail distribution category. The company and it's subsidiaries offer services to more than 100,000 resellers in the United States and globally. Some of the services they offer include pre- and post-sale training and technical support, financing options, and configuration services as well as a full range of electronic commerce solutions.

"As a partner of Tech Data, RippleImpact will have access to their services that will offer us and our clients support in maximizing our own products and services, as well as be able to focus our own technologies with the support from Tech Data's Specialized Business Units," reflects Jenny M. Sakhrani, CFO of RippleImpact, on the recent partnership. "Their support units are tailored to meet goals of companies, such as ours, which will benefit from their business development support, education and training and logistics and consultative solutions. We are very excited to be partnered with a growing and successfully global company like Tech Data."

RippleImpact is located in Southern California, and has lucrative partnerships with Sun, IBM and Epoch Communications.

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.