TOWER Software Teams with the Virginia Economic Development Partnership

Leading Global Software Provider and State Economic Development Organization Will Work Together to Promote Growth

May 2, 2007 — Reston, Virginia —TOWER Software, a proven global leader in Enterprise Content Management (ECM) solutions, today announced it has established a relationship with the Virginia Economic Development Partnership (VEDP). Through this cross-promotional relationship, VEDP will help raise awareness and visibility of TOWER Software as a successful business based in Virginia; TOWER Software has the opportunity to tout the benefits of Virginia’s pro-business environment.

“TOWER Software is a success story of a global company choosing Virginia and flourishing in the Virginia business environment,” said Kimberly Weir, International Investment Manager at VEDP, based in Richmond. “The VEDP would like to showcase TOWER Software as an example for other global companies that are considering the establishment of business operations in the U.S.”

TOWER Software’s global headquarters are in Canberra, Australia with North American headquarters in Reston, Virginia.

According to Jan Rosi, President of TOWER Software North America, some of the reasons TOWER Software chose Virginia for its North American headquarters were:
• Quality and availability of a talented and experienced workforce
• Proximity to U.S. customers, including systems integrators as well as a variety of government agencies from Department of Defense to Department of Homeland Security to Department of Justice
• Expanding high tech environment

“This area is the new Silicon Valley,” Rosi said. “Northern Virginia is now the hub of technology innovation and growth. TOWER Software North America is most certainly in the right place.”

There is no financial exchange between the two organizations.