Deloitte & Touche Selects Company in its Technology Fast 50 Program

Englewood Cliffs, NJ - August 25, 2003 - Data Foundations, Inc. has been named to Deloitte & Touche's prestigious Technology Fast 50 Program for New Jersey, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation’s leading professional services firms. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1998–2002.

Data Foundations' increase in revenues of 365 percent from 1998 to 2002 resulted in a 32nd ranking overall in the Fast 50 for New Jersey. The average increase in revenues among companies who made the Fast 50 for this region was percent.

Data Foundations’ co-founder and CTO, Deepali Khanduja, credits the company’s continuing focus on its core competency of data management software and solutions with the company’s fast growth over the past five years. “Over the last five years our 365 percent growth has been driven by providing our customers with more innovative and cost-efficient solutions than what our competitors, large and small, have offered. Our stature as the “Standard Data Authority” has grown significantly, and we are very honored by this award in recognition of our growth and commitment to our customers, employees, and technology.”

The Deloitte & Touche New Jersey Technology Fast 50 companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment,” said Paul Mlynarski, Tax Partner and Chair of the New Jersey Technology Fast 50. “We applaud the successes of Data Foundations and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years.”

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2002, must be public or private companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues (using other companies' technology in a unique way does not qualify); and/or devoting a significant proportion of revenues to research and development of technology.

Winners of the 20 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com.

About Data Foundations, Inc.

Data Foundations is a leading provider of collaborative data management solutions, introducing the concept of the Standard Data Foundation™ as an information infrastructure layer essential for organizations to become more integrated in their data assets and coherent in business processes. The company’s software platform, OneData™, is utilized by enterprises including Avon Products and Pepsico to overcome challenges such as global reference data management and product data cleansing and harmonization.

About Deloitte & Touche

Deloitte & Touche, one of the nation’s leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the “100 Best Companies to Work For in America” by Fortune magazine for six consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and related entities. Deloitte & Touche is the US national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche’s web site at www.deloitte.com/us.