Company Contact:
Michael Liss
WARP Technology Holdings, Inc.
610-715-5656
mliss@warpsolutions.com
Public Relations Contact:
Domenick Cilea
Springboard Public Relations
732-863-1900 x.102
dcilea@SpringboardPR.com

For Immediate Release:

WARP SOLUTIONS JOINS MERCURY INTERACTIVE'S OPEN ARCHITECTURE ALLIANCE PROGRAM

NEW YORK - February 7, 2001 - WARP Solutions, Inc., providers of the Intelligent Technology for Internet Performance, today announced it has joined Mercury Interactive's Open Architecture Alliance Program. As a result of this alliance, WARP will offer an integration between its WARP Solutions Performance Suite and Mercury Interactive's performance monitoring solution, Topaz®. With the integrated solution, mutual customers will be able to identify performance issues using Mercury Interactive's Topaz and resolve these issues using WARP Solutions products.

Mercury Interactive's Open Architecture initiatives provide the flexibility to seamlessly integrate Topaz with other third party tools, such as WARP Solutions' Performance Suite, a comprehensive inter-operable software suite, coupled with highly specialized services to provide content aware load balancing, static and dynamic content distribution and automatic fail over in a secure environment. Coupling WARP Solutions' Performance Suite with Mercury Interactive's Topaz performance monitoring solution enables customers to have end-to-end e-business performance data integrated into one view, and with the root cause analysis features in Topaz, they can quickly drill down to pinpoint bottlenecks to keep their Web sites running smoothly.

"The combination of Mercury Interactive's testing and monitoring expertise with WARP Solutions' Internet Performance optimization is ideal for web hosting firms and managed service providers seeking to offer value-added solutions to their clients. Mercury Interactive enables companies to identify where performance bottlenecks and network inefficiencies that diminish end users' quality of experience exist. WARP provides comprehensive solutions that address the entire spectrum of Internet performance challenges, from the front to the back end of a website," said Michael Jackman, Executive Vice President, Global Sales and Marketing.

"The Open Architecture Alliance Program is an ecosystem that enables partners to integrate their e-business and enterprise tools with our Web performance management solutions for rapid deployment to customers," said Jim Hare, director of strategic alliances at Mercury Interactive. "Our partners add tremendous value by building these integrations, while customers get the best in e-business applications and performance monitoring to run their businesses and increase customer satisfaction."

About WARP Technology Holdings, Inc.

WARP Technology Holdings (OTC BB: WRPT) is a leading provider of network and application acceleration technology solutions. Through its subsidiaries WARP Solutions, Inc. and SpiderSoftware, Inc., and its licensing arrangement with iMimic Networking, Inc., the company offers a strategic portfolio of software and hardware solutions to significantly improve the speed, performance, and reliability of business-critical applications and content delivered over IP-based networks. For information, contact 877-688-9277.

Cautionary Statement

Statements contained herein which are not historical information are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties. Actual results could differ materially from those included in the forward-looking statements for a variety of reasons, including the level of acceptance of the WARP 2063e product by the marketplace, the ability of the product to achieve the results for which it is designed, the ability of the company to raise capital to fund operations and marketing programs for this product, competition from other approaches to application acceleration and network architecture, and other risks described in the Company’s filings with the Securities and Exchange Commission. These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements.



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