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COREOBJECTS EXPANDS ITS TECHNICAL ADVISORY BOARD WITH INDUSTRY VETERANS
Experts bring new perspective to CoreLabs

Los Angeles, CA, December 28, 2005 – CoreObjects Software, Inc, leading provider of Distributed Cooperative Software Development™ services for commercial software vendors, today announced the appointment of Andreas Weigend and Patrick Ravenel to its Research and Technology Group Advisory Board. Weigend, the former Chief Scientist of Amazon.com, and Ravenel, a technology patent holder, bring a wealth of knowledge and experience to the team.

“Andreas’s experience in data analysis, complex algorithms and software technologies brings a valuable resource to CoreObjects”, says Girish Venkat, CEO. “Patrick’s thought leadership as an author on distributed computing standards is an asset we’re excited about”, added Venkat. “CoreLabs is focused on researching cutting edge technologies that will be disruptive in the marketplace, thereby bringing greater value to our clients. Andreas’s and Patrick’s technology expertise provides for strong partnership potential”, says Satish Ramakrishnan, CTO and head of CoreLabs.

“I don’t know of any other development organizations out there that are investing in advance research on behalf of their clients, like CoreObjects is doing”, says Andreas Weigend. “I’ve been partnering with CoreObjects in various capacities over the years and I’m excited to be associated in a more formal way. I’ve witnessed some of the greatest technology innovations coming out of the team there, they are a truly impressive group”, says Patrick Ravenel.

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.