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 Announces DataReactor Trade-Up Program for K-12 Education Market

Program Offers Schools Price Incentives on Software to Ensure CIPA-Compliance
of Online Content and Improve Overall Web Performance and Capacity

NEW YORK (June 2, 2004) – WARP Technology Holdings, Inc. (OTC BB: WRPT), a leading provider of network and application acceleration software, today announced a new trade-up program for its DataReactor software targeting K-12 schools and educational institutions.  Through June 30, WARP is offering K-12 schools and educational institutions a 50 percent discount on its DataReactor Web caching and content filtering solution.  

The DataReactor trade-up program is geared toward schools that currently have a caching system deployed and are looking to upgrade, refresh, or replace their existing third-party solution, such as Inktomi, Volera, BlueCoat, Cisco, and Network Appliance.  In addition to improving Web performance, WARP’s DataReactor caching software provides comprehensive content filtering capabilities that can be integrated with tools from third-party vendors such as N2H2, 8e6, WebTrends, SmartFilter, and Cerberian. 

With the Children’s Internet Protection Act (CIPA), schools are faced with the challenge of adhering to regulations, such as using technology protection measures to block or filter online content, and adopt an Internet safety policy.  DataReactor ensures CIPA compliance, allowing schools to guarantee content is appropriately filtered without affecting Web performance. 

“Schools are increasingly delivering courses, curriculum, and a wide variety of information to students online, and their existing caching solutions may not be suitable to manage the mix of static and dynamic content, as well as adhere to the growing privacy regulations,” explained Michael Liss, WARP’s Chief Operating Officer.  “Our DataReactor software offers a flexible alternative, and provides cost-effective solution to deliver and filter content faster, all without the need to add expensive infrastructure upgrades and build-outs.”

Many school districts are looking at caching technologies for a variety of compelling reasons, including bandwidth congestion relief, content filtering, streaming media for e-learning initiatives, or simply to replace their existing, outdated systems.        DataReactor powers some of the fastest caches in the world.  It offers unparalleled performance and resource efficiency, which allows educational institutions to optimize their existing technology infrastructure.

This trade-up program reinforces WARP’s commitment to the education market, and  follows several recent strategic announcements, including one with Education Networks of America (ENA) and another with Astrum.  Both companies are leading suppliers of technology and services educational institutions.

ENA has implemented WARP’s DataReactor product to improve the speed and performance of Web-based content, curriculum, and courses delivered over its proprietary network.  Last week, WARP also announced a strategic alliance with Astrum to deliver content management and caching solutions to K-12 and higher educational institutions.

“We have identified a specific void in the K-12 networking market,” explained Mr. Liss.  “Many schools have existing Web caching solutions, but often these solutions are no longer supported by the incumbent vendors.  The trade-up program we are announcing today offers a viable, cost-effective alternative, as well as an upgrade path to expand performance and capacity of their Web-based applications and content.”

Pricing and Availability

Through June 30, WARP is offering this special 50 percent discount trade-in program for its DatReactor software to organizations currently using a caching solution from Inktomi, Volera, BlueCoat, Cisco, Network Appliance, as well as others. For additional pricing details, contact WARP Solutions at 212-962-9277.

 

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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