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COREOBJECTS CLOSES 1ST HALF WITH NEW INDUSTRY-LEADING CUSTOMERS
Expands its customer base to include new and innovative solutions

Los Angeles, CA, September 30, 2005 – CoreObjects Software, Inc, leading provider of Distributed Cooperative Software Development™ services for commercial software vendors, today announced the closing of a successful 1st half of its fiscal year with the signing of industry-leading clients, such as Cyclone Commerce, Exactor, Property Bureau, Proposal Technologies, Proto Software, Simple Star, and Yon Software.

“CoreObjects has been tremendously fortunate to have worked with companies that are leaders in their respective industries,” explained Girish Venkat, CEO. “We had a very successful 1st half of our fiscal year in both revenue growth and continued foraging into new spaces with industry leaders.”

“Each of these companies represents the epitome of entrepreneurialism and thought leadership,” says Douglas Gold, VP of Business Development. “One of the most exciting things about CoreObjects is our continued partnering with companies that dominate their space, and in some cases create a space. There’s no doubt that you’ll be seeing these companies on the cover of magazines.”

CoreObjects explains that the industry solutions provided by these clients include an on-line auction engine, photo sharing consumer platform, an on-line sales tax calculation and filing system, financial analysis tool, and enterprise document management system, emphasizing CoreObjects’ continued growth in developing world-class commercially deployable software.

About CoreObjects Software, Inc.

CoreObjects is the leader in Distributed Cooperative Software Development™ and partner to companies interested in building world-class software. CoreObjects provides the process and software development expertise necessary to bring commercially deployable software to market. Dozens of companies, backed by some of the most notable venture capital firms in the world, have depended on CoreObjects to build their software for them, driving billions of dollars in market capitalization and tens of thousands of end-users. CoreObjects builds software that builds companies and helps customers keep the promises they make to their stakeholders. CoreObjects is headquartered in Los Angeles, with strategic development centers in Bangalore, Delhi and Pune, India, as well as a satellite office in Silicon Valley.