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:

iMimic Networking and WARP Solutions Announce the Industry’s
First High-Performance Mac OS Web Caching Solution

HOUSTON, TX (April 28, 2003) – iMimic Networking, Inc. and WARP Solutions, leading providers of Web content caching and application acceleration solutions, today announced the immediate availability of the iMimic DataReactor Web caching software specifically designed to support the Mac OS X operating system. This new version of the DataReactor product suite is the first caching technology to support Mac-based environments, including the high-performance Xserve systems.

Following the recent acquisition announcement between iMimic and WARP Technology Holdings, Inc. (OTC BB: WRPT), the parent company of WARP Solutions, both companies will aggressively market the new DataReactor product, especially to the education market niche.

According to Filip Vandenbussche, COO of iMimic Networking, "iMimic’s DataReactor Core is the first high-performance Web caching solution for Mac OS X-based systems such as Apple’s Xserve. This new release is part of our strategy to extend the market for the award-winning DataReactor caching technology which is available on a broad spectrum of operating systems. Mac OS X is the most recent addition to our product line which also includes FreeBSD, Linux and Solaris.”

The availability of DataReactor for Mac OS X is specifically designed to address the growing demand from schools, universities, and libraries that need a caching solution for their Apple Xserve environments. The company is currently working with several educational institutions to improve the performance and delivery of their Web content.

“In addition to performance, iMimic solutions focus on manageability. Our Control Room tool allows administrators to easily configure and manage proxy caches from a central location as well as to pre-position content,” said Raj Pagaku, lead engineer at iMimic for the Mac OS X project.

The iMimic DataReactor Caching solution supports all forms of Web caching, including proxy, transparent and reverse proxy, as well as multiple servers per reverse proxy. DataReactor Core is engineered to be compatible with most L4/L7 switches and also supports ICP.

In addition to conventional HTTP caching, DataReactor Core provides FTP, search engine, message board and query caching along with cache content pre-positioning. DataReactor Core also enables enforcement of various access control policies. The software is easy to install, and provides a wide variety of configuration and monitoring options, capable of handling the highest-demand Web caching environments.

iMimic’s performance leadership in the Web caching market was first established at the highly competitive IRCache Cacheoff benchmarks for caching appliances. iMimic led the competition 3 years straight. Furthering its commitment to delivering innovative technology solutions, iMimic recently signed a letter of intention to be acquired by WARP Technology Holdings, Inc. (OTC BB: WRPT), a leading developer of application acceleration solutions for distributed Web applications. Together the companies will develop a broad range of software and hardware solutions to help organizations improve the performance and delivery of Web-based content and applications.

About iMimic Networking, Inc.

iMimic is a leading provider of caching and edge content management solutions. Its Reactor suite of products include high performance Web caching and content delivery network (CDN) solution, as well as network configuration and management tools. Utilization of industry-standard hardware and operating systems, such as FreeBSD, Solaris and Linux, iMimic-based technology solutions are ideal platforms for implementing value-added services. For more information, contact 713-586-5541 or visit www.iMimic.com.

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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