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 Launches Worldwide Channel Partner Program
to Address the Growing Demand for its Application Acceleration Solutions

New VARs in the United Kingdom and Asia are Driving International Growth Opportunities

NEW YORK (October 13, 2003) – WARP Technology Holdings, Inc. (OTC BB: WRPT), a leading provider of network and application acceleration technology solutions, today announced the launch of its global partnership program. The WARP Partner Program is designed to expand the company’s distribution channel and recruit new managed service providers (MSPs), resellers, and integrators to take advantage of the market opportunity in application acceleration solutions.

“Based on various industry analyst forecasts, the market for application acceleration technology will grow to $500 million by 2006, with other estimates in the billions,” commented Gus Bottazzi, WARP’s Vice President, Global Sales and Marketing. “With the launch of our partner program, we are forging new sales partnerships and recruiting resellers on a global scale to meet the growing demand for this type of technology, and most importantly, our product line.”

Estafet and EMG are two new resellers to join the WARP Partner Program. Based in the United Kingdom, both have delivered comprehensive application acceleration solutions to financial and online travel customers, significantly improving performance and scalability of their Web-based applications and dynamic content delivered over IP-based networks. Additionally, WARP is working closely with Macnica Networks Company, a leading Japanese IT distributor, to address the growing need for application acceleration solutions in Japan.

The WARP product line is comprised of the WARP 2063 and WARP 2063e appliances, and the WARP SpiderCache and WARP DataReactor software solutions. All products leverage the company’s GTEN (Global Transaction Enabled Network) architecture, which is designed to significantly improve network and server performance, and enable distributed application acceleration on a global scale. All of WARP’s products offer fast, simple implementation with immediate results for high volume Web application and transaction performance.

Compared to other commodity-like server technologies, WARP’s product line offers attractive margins and provides channel partners with a non-intrusive, value-added solution to improve network and application performance. As part of the program, WARP offers training, lead generation, and the opportunity to participate in an array of promotional activities, such as direct mail campaigns, seminars, and trade shows.

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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