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XP Software Solutions Launches Online Collaboration, Project Management and Document Versioning Application on the Etelos Marketplace



2008-10-01 02:11:02 -

www.etelos.com - Etelos, Inc. Eric Berto, 425-753-2222 press@etelos.com or XP Software Services Scott Bradley, 040 601 0745 scottb@sharpforge.com XP Software Solutions has chosen to launch its first Web application through the Etelos Marketplace(TM). SharpForge is now available as an on-demand installation. In addition, it will be available as an Open Source download.

SharpForge is an online collaboration and project management application that enables your team, clients, consultants and user communities to communicate and collaborate. SharpForge empowers a team to work more effectively with each other, as well as with your community.

"The Etelos Marketplace is designed to help app providers such as XP Software Solutions bring their products to market faster and allow them to scale easier," Etelos Founder & CEO Danny Kolke said. "The Etelos Marketplace allows app providers to stay focused on providing cool products to users and SharpForge is utilizing that benefit."

The Etelos Marketplace acts as a gateway for app providers looking to reach a network of businesses looking to integrate solutions into their workflows. Etelos is able to provide billing, distribution, licensing enforcement and other services to support app providers. Having an application such as SharpForge demonstrates the power of the Marketplace as a means to bring app providers and buyers together.

SharpForge allows users to run multiple workspaces at the same time. Users can create their own workspaces and manage their own users and permissions by allowing role-based access. Collaborative features such as document versioning, wikis, forums and task tracking make this a great tool for businesses.

Available in more than 20 languages, the Open Source version of the application has been downloaded more than 15,000 times. SharpForge was released as Open Source technology so that:

-- Your data is not in a proprietary format;

-- You have multiple deployment options; and

-- We can invest in product development and not sales and marketing.

"You won't find a big sales and marketing department here, we want to be judged on the quality of our product and not how slick our sales/marketing team is," said XP Software Services CEO Scott Bradley. "SharpForge is committed to providing our customers the best possible service and support and the Etelos Marketplace allows us to focus on providing that."

SharpForge is now available through the Etelos Marketplace as an on-demand application. For more information, please visit etelos.com.

About Etelos, Inc.

Etelos (OTCBB:ETLO) is a Web app distribution platform delivering Web apps for businesses. Unlike other cloud computing and Platform-as-a-Service (PaaS) solutions, Etelos enables software manufacturers to migrate existing applications or create new applications, then package, distribute, host, bill, market and support their Software-as-a-Service (SaaS) enabled application with their own application marketplace. Etelos(TM), the Etelos Platform(TM), EASE(TM), Etelos App Server(TM), Etelos VE(TM), Etelos Cloud(TM) and Etelos Marketplace(TM) are trademarks of Etelos, Inc.; other trademarks are the property of their respective owners. For more information about Etelos, please visit www.etelos.com.

About XP Software Services

XP Software Services have been providing project hosting services for more than five years to more than 7000 members.

The technology and experience behind this has been harnessed, rewritten and released as open source technology under the brand name SharpForge. XP Software Services is the founding company and primary sponsor of SharpForge.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Etelos' business which are not historical facts may be "forward-looking statements" that involve risks and uncertainties. Forward-looking statements include, among other things, statements concerning the company's partnership with others, the future financial performance of our company, the acceptance of our products and services, the success and timeliness of our product and platform roll-out and other statements qualified by words such as "anticipate," "believe," "intend," "may" and other words of similar import. These statements are neither promises nor guarantees, but involve risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements, including, without limitation: For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's reports that Etelos files periodically with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and Etelos undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

ΒΆ SharpForge Provides a Central Hub for All Participants to Actively
Work on Multiple Workspaces at the Same Time



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