OpSource Named As Finalist in 2005 American Business Awards (SM)

Reinforces OpSource's Position As Influential Innovator in SaaS Revolution

Santa Clara, Calif., May 4, 2005 OpSource, a leading enabler of Software as a Service (SaaS) applications, was named a Finalist today in the third annual American Business Awards (SM), in the Best New Product or Service category, for Optimal On-Demand (SM). Optimal On-Demand is a complete, turnkey solution that enables software companies to provide software as a service without the inherent risk and investment in a costly services infrastructure. Based on actual experiences with customers such as Agile Software and Blue Martini Software, Optimal On-Demand reduces initial costs by 70%, slashes ongoing costs by 30%, guarantees 100% availability and scales to meet the ever-increasing demand for Software as a Service.

"OpSource is honored to be named a finalist in the American Business Awards," said Treb Ryan, CEO of OpSource. "Software companies that have deployed Optimal On-Demand are at the forefront of the SaaS revolution, and we are a key player in enabling those companies to overcome the challenges of bringing a SaaS solution to market. These challenges include issues surrounding the business model, code and operational infrastructure of a SaaS offering. OpSource makes it possible for our software company customers to operate more effectively and efficiently by responding quickly to changing market conditions, most notably the shift to delivering software as a service. As a result of our SaaS enablement efforts, we're driving new software revenue and increasing customer satisfaction and retention."

Hailed as "the business world's own Oscars" by the New York Post (September 22, 2002), The American Business Awards are the first national, all-encompassing business awards program honoring great performances in the workplace. More than 1,200 nominations from companies of all sizes and in virtually every industry were submitted for consideration in more than 40 categories, including Best Overall Company, Best Executive, Best New Product or Service and Best Support Staffer.

Nicknamed the SteviesTM for the Greek word "crowned," winners will be announced during presentations on Monday, June 6 at the Marriott Marquis Hotel in New York City. The ceremonies will be videocast on the Internet and broadcast on radio. Donald J. Trump will receive the first Lifetime Achievement Stevie Award that evening.

Members of the Awards' Board of Distinguished Judges & Advisors and their staffs will select Stevie winners from among the Finalists. Finalists were chosen by business professionals nationwide during preliminary judging in February through April. The elegant Stevie trophy was designed by R. S. Owens, the same company that makes the Oscar and the Emmy. Details about The American Business Awards and the list of Finalists are available at www.stevieawards.com/aba.