Founders Contribute $1.2 Million To SolveIT Software

SolveIT Software Pty Ltd, a premier provider of Profit Optimization software solutions for Global 1000 companies and government organizations, announced today that it has received cash and in-kind contributions totaling more than $1.2 million from its founders.

"As this contribution clearly shows, the founders of SolveIT Software have great confidence in the company's strategy and business plan," said Matthew Michalewicz, CEO of SolveIT Software. "I am looking forward to leveraging our strengths in science and technology to deliver unsurpassed value to clients."

SolveIT Software specializes in software solutions that enable companies and government organization to make faster and more profitable decisions. Based on evolutionary processes and other leading-edge technologies, the company's applications extract emerging trends and patterns as they occur and then recommend the best possible course of action. With software solutions that can make optimal decisions under uncertainty and constant change, as well as learn from previous experiences and adapt to changes in the marketplace, SolveIT Software arms its customers with a real competitive advantage.

"All businesses and government organizations are interested in boasting revenue and cutting costs," said Dr. Martin Schmidt, SolveIT Software's chief technology officer. "Our scientists have a proven track record of translating sophisticated analytical techniques into software solutions that can do just that."

In addition to several world-renown computer scientists, the company's founders also include the former President of Poland, Lech Walesa and the University of Adelaide in South Australia.

About SolveIT Software Pty Ltd
SolveIT Software is a premier provider of Profit Optimization solutions for Global 1000 companies and government organizations. The company was founded upon the cutting-edge research of several world-renown computer scientists, and offers comprehensive solutions for logistics, marketing, and other areas. Based on proprietary technology platforms and the power of Adaptive Business Intelligence, the company's software solutions can provide clients with measurable increases in revenue and/or decreases in cost. SolveIT Software also features a highly scalable business model, a strong set of competitive differentiators, and sophisticated core technologies that were pioneered by the company's founders. More information is available at www.SolveITSoftware.com.

Forward-looking (safe harbor) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "plans", "expects" or "intends" and other statements, which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

Contact:
SolveIT Software Pty Ltd
Plaza Building, L3, North Terrace, Adelaide, SA 5005
P.O. Box 3161, Adelaide, SA 5000
Phone: +61 8 8303-5405
Fax: +61 8 8303-4366
contact@solveitsoftware.com