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 Signs Strategic OEM Partnership with ApplianSys to
Deliver Advanced Caching Appliances in Europe

LONDON (October 10, 2003) – WARP Technology Holdings, Inc. (OTC BB: WRPT), a leading provider of network and application acceleration technology solutions, today announced a strategic OEM partnership with ApplianSys Limited, a fast-growing provider of server appliances in Europe. According to the terms of the deal, ApplianSys will launch a new line of CACHEBOX appliances that integrate WARP’s DataReactor technology. This new appliance will offer advanced static caching functionality, enabling organizations to dramatically improve performance of content and applications delivered over IP-based networks.

“We regard the WARP DataReactor software as the world’s leading-edge Web caching technology that is powering some of the fastest caches in the world,” explained Mike Clark, CEO of ApplianSys. “With WARP DataReactor we are adding premium products to our CACHEBOX range, providing advanced Web caching functionality to improve the delivery of static content and other Web-based applications.”

As part of the strategic partnership, ApplianSys will market the new CACHEBOX appliances in the UK, Ireland, and throughout Europe. Clark is enthusiastic about the market potential. “Working with WARP achieves twin objectives for us. Having become a major UK player in caching for education in just over 12 months, WARP DataReactor will allow us to become the clear market leader. And these products will be very attractive to corporate markets, where we sell large quantities of our other product ranges.” In the education market, these new products will have strong appeal to larger schools advanced in IT development, such as streaming deployments. Managed service providers operating in the education sector will particularly appreciate the manageability WARP DataReactor gives across large populations of caches. ApplianSys’ broad customer base of colleges and universities will also be targeted. In the corporate arena, the company sees significant opportunities in financial and professional services sectors, and others similarly rolling out content-intensive applications.

“This strategic partnership with ApplianSys reinforces our channel strategy, and extends the reach of the WARP DataReactor product in key vertical markets,” explained Anthony Huggett, WARP’s UK General Manager. “As a provider of server appliances, ApplianSys will further extend the capabilities of its CACHEBOX product line, delivering even more powerful caching solutions to help organizations increase performance and availability of Web-based content.”

WARP DataReactor is the leading Web caching software product which has won several awards, including the highly competitive IRCache Cacheoff benchmark test which it won 3 years straight. The software offers a flexible, non-intrusive solution with a broad range of caching modes to significantly improve the speed, performance, and distribution of static content.

WARP DataReactor and WARP SpiderCache product lines, along with the WARP 2063e and WARP 2063 appliances, are part of the company’s GTEN (Global Transaction Enabled Network) architecture, which includes a series of hardware and software solutions that significantly improve network and server performance, optimize the delivery of static and dynamic Web content, and achieve distributed application acceleration on a global scale.

Added Clark, “We are excited not just about the WARP DataReactor product, but also the opportunity to work with the company. While other vendors have withdrawn from or de-emphasized caching, WARP has built a coherent strategy focused in this space, seeing a growing market need, which we agree with.”

About ApplianSys Ltd

Based in the UK, ApplianSys is a venture capital-backed technology company that designs, builds and markets server appliances. It is one of the fastest growing European server appliance vendors. The company’s server appliance platforms integrate best-of-breed hardware and firmware, delivering network applications in hardened devices purpose-built for maximum security and ease of use. For more information, visit www.ApplianSys.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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