Delivering Outsourced Development
with WEBfactory, Ltd.

May 2003 -- PHILADELPHIA / SOFIA -- Philadelphia-based software development company RedHouse Technology announced today that WEBfactory, Ltd., a worldwide leader in Internet and Open Source development for high volume Business to consumer sites, has formed a strategic alliance with RedHouse Technology, which will enable both firms to offer expanded consulting services as part of the combined professional services organizations.

RedHouse Technology has been working closely with WEBfactory to seamlessly integrate the Bulgarian-based company's market-leading Content Management System and development capabilities, allowing RedHouse Technology clients to benefit from the reduced development costs while enjoying leading edge solutions. The solution delivery model will allow users to maintain a local project delivery relationship and reduce development costs. The approach is a best of breed application of outsourcing that allows the majority the development to be done remotely in Bulgaria utilizing a proven methodology for development while RedHouse Technology provides business analysis and maintain a local presence.

"Working with the WEBfactory as a unified delivery team has enabled us to ensure the software we develop would exceed our Client's expectations," said William J. Elkins, Managing Director for RedHouse Technology. "The clearly positive impact of the solution provides the highest success rate within client organizations, and the ability to introduce a few additional features can lead to millions in increased revenue for our Clients."

About RedHouse Technology

RedHouse Technology is an emerging professional services firm providing systems integration and management consulting for small, mid-sized, and non-profit businesses. The company has been successful in a variety of markets, including, but not limited to, insurance, travel, and management and IT consulting. For more information, visit http://www.redhousetechnology.com

About WEBfactory, Ltd.

WEBfactory, Ltd. established in 1998, is an international wireless and Internet software development firm. They have offices in Sofia, Bulgaria and develop and deploy both custom software as well as a mature Content Management System. For more information, visit the web site at http://www.webfactory.bg

William J. Elkins, +1-610-640-1388, RedHouse Technology
Koos Jan Schouten +011 +359 (2) 987 9911, WEBfactory, Ltd.

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