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’S INTERNET APPLICATION ACCELERATION TECHNOLOGY
SELECTED BY AMP

NEW YORK, NY - March 25, 2003 -- WARP Technology Holdings, Inc. (OTC BB: WRPT) a leading developer of application acceleration solutions for distributed Web applications, today announced that AMP, a leading financial services company, selected the WARP 2063E Edge Application Pre-Processor for deployment by Estafet, a leading integrator specializing in caching and application performance acceleration solutions. WARP 2063E, an application acceleration appliance, is being deployed within AMP’s intranet to optimize delivery of dynamic intranet content to the 5000 UK-based users of the AMP intranet launched earlier this year.

As a result of the WARP 2063E deployment, AMP was able to reduce frame relay traffic related to dynamic data requests by over 90%, obviating the need for a costly frame relay upgrade. Additionally, server overhead was dramatically reduced, eliminating the need for a costly application server and database server upgrade.

The WARP 2063E is an essential technology for scaling high volume transactional web applications. The product is a multi-function network appliance that combines best of breed techniques, such as TCPIP session offloading and SSL acceleration with caching and dynamic caching techniques, to optimize real-time transactional web applications by offloading repeat requests for dynamic content.

Steve Tuppen, AMP’s UK Intranet Manager, said, “A static cache solution could not satisfy the demands of our most recent version of the AMP Intranet, which is highly sophisticated and dynamic. By deploying the WARP 2063E, we can now offer 5000 UK AMP employees fast access to up-to-date information, news, share price, products and press releases with lightning fast response times and little to no effect on our Australian system.”

WARP 2063E can be deployed at the edge of the Internet. A sister product, the 2063 Application Pre-processor, is typically installed behind the Web server farm, in front of the application server layer, or within an Intranet. It intelligently intercepts HTTP requests to serve repeat requests for dynamic content. Application server resources are only used when the content is brought to the WARP 2063E for the first time or has to be refreshed. This application acceleration strategy limits the processing capacity consumption of both the application server software and the database server, sparing application servers from unnecessary database retrievals and content generation. Additionally, the WARP 2063E can be used to keep dynamic content requests off of wide area networks, such as frame relay, which is particularly beneficial where bandwidth is constrained or expensive.

Adrian Wright, Estafet's Sales Director, said, "With the WARP 2063E Edge appliance, Internet and Intranet managers can dramatically increase their site’s performance by caching dynamic content. The Warp 2063E has a powerful rules engine that enables previously uncachable content to be cached through analysis of HTTP requests. Estafet has found that the Warp 2063E saved our customers hundreds of thousands of pounds in infrastructure savings and communication costs while increasing service levels of their sites. Moreover, the performance improvement is profound, and the ease of setup and installation has quickly positioned this product as our de facto solution for quickly eliminating performance problems at the application layer, the server layer and the network layer.”

In addition to the WARP 2063E, WARP offers the 2063 Application Pre-Processor, which accelerates back-end web applications, enabling fast end-user access to a site’s most current dynamic content. WARP 2063 interoperates seamlessly with any web server and monitors all traffic passing through to the site’s database servers. Furthermore, WARP 2063 reduces server loads and can increase throughput by 600%. Together, the two solutions comprise the Company’s GTEN (Global Transaction Enriched Network), which offers user TCPIP session acceleration, compression, SSL acceleration, dynamic caching and object caching to increase the speed and reduce the deployment costs of complex data driven applications. WARP 2063 was recently reviewed by Info World magazine: http://www.infoworld.com/article/03/02/07/06apwarp_1.html and Internet’com’s ServerWatch: http://www.serverwatch.com/hreviews/article.php/2117111.

“Industry giant AMP’s selection of our solution clearly demonstrates the increasing recognition of and need for WARP’s acceleration technology,” stated Karl Douglas, CEO of WARP Technology Holdings, Inc. (the parent company of Warp Solutions). “Companies in a broad range of industries are challenged with application performance problems, and our WARP 2063E and WARP 2063 appliances are providing cost-effective technology solutions to address this need. We look forward to building on our relationship with Estafet as a partner, and “wowing” AMP with our solutions. We believe our solutions are the natural progression of technology that will become necessary for companies worldwide to remain competitive.”

About AMP, Inc.

AMP is a leading financial services company, focused on wealth management. AMP has strong positions in its three home markets of Australia, New Zealand and the United Kingdom, and is a global asset manager with more than $265 billion in assets under management. AMP is among the top 30 global public life insurers, although less than 10% of AMP's annual cash inflows now come from life insurance. With a presence in more than 20 countries around the world, AMP’s core businesses include retirement savings and income, investments, financial planning, insurance and banking. Through financial advisers and direct, AMP helps more than 8 million customers manage their wealth, serving 1 in 5 Australians, 1 in 6 New Zealanders and 1 in 10 United Kingdom adults. AMP also assists blue-chip organizations with pension and investment advice and services.

About Estafet, Inc.

Estafet is a Caching and Messaging (JMS, SMS) company providing solutions that: 1. Cache Dynamic Content for sophisticated & complex Internet & Intranet Applications reducing Hardware and Software license costs and increasing the performance of sophisticated and complex Internet and Intranet Systems; 2. Enables SMS conversations between Companies, their customers & employees, and; 3. Integrate Applications using Java Technologies. Estafet is a privatly owned company based in Richmond, Surrey, UK. For further information please visit our website www.estafet.com or call us on +44 (0)20 8940 7525.

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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