9Rays` Russian RandD Department detaches into an independent company

Released on = April 5, 2006, 8:37 pm

Press Release Author = Perpetuum Software

Industry = Computers

Press Release Summary = The directorship of 9Rays.Net has approved the initiative of
the Russian R&D department executives to reorganize the department into an
independent company that will carry out its own marketing policy.

Press Release Body = "The main idea of this initiative is not to sever relations
with 9Rays.Net, but to provide auspicious conditions for a more intensive promotion
of a group pf products under our own brand, yet retaining close partnership with
9Rays.Net," explained Mr. Andrey Mazurov, the head of the Russian R&D department,
"such reorganization will let us optimize the process of development and company
resource allocation as well as avoid the so-called 'teething troubles' which are
inevitable in a fast growing business."

In the short run, the companies schedule to announce a new brand - Perpetuum
Software. Such world-known products as Report Sharp-Shooter, a powerful reporting
engine, OLAP ModelKit, a pivot table component, Instrumentation ModelKit and some
other software products will be marketed as products by Perpetuum Software.

The new Perpetuum Software's corporate web site has already been developed and is
ready for launch. Besides that, the executives of Perpetuum Software are to
reconsider the licensing policy to make it more optimal and hence more convenient
for both individual developers and corporate customers of any size.

The representatives of both companies assure that this restructuring will not affect
9Rays' current clients in any way. The quality of support provided will remain on
the same high level; the inquiries related to Perpetuum Software and its products
will be promptly readdressed to an appropriate representative within Perpetuum
Software, all complex issues will be dealt with individually as it was before.

9Rays.Net, Inc will continue the development of develop tools and software solutions
for .NET Windows Forms, Web Forms and Widows Mobile. New versions of such products
as Spices.Net and FlyGrid.Net are scheduled for release this year. The new version
of FlyTreeView.Asp.Net has already been presented. 9Rays.Net, Inc intends to extend
its presence on the developer tools market by releasing new localization, licensing
and protection tools. The company also plans to announce a new product for the
modeling tools category.
In the nearest future, 9Rays.Net, Inc will present a new CMS integrated into 9Rays'
corporate web site to provide an even higher level of customer support and guidance.

9Rays.Net, Inc and Perpetuum Software will continue cooperation both in the sphere
of new industry solutions development and the sphere of co-marketing and product
promotion. "Being two independent companies from the organizational view point, we
keep unified in the effort to provide to our existing and future customers all the
conditions for successful cooperation," assert Perpetuum Software sales team
representatives.

###

The 9Rays.Net company is a vendor of tools and components for professional software
developers. 9Rays.Net develops and markets a broad variety of products for Microsoft
.NET Framework, Borland Delphi and C++ Builder.
The primary focus of Perpetuum Software is data processing and visualization
solutions (BI components), graphical user interface components and device emulators
for .NET and ASP.NET compatible with Microsoft Visual Studio .Net and other IDEs
that support .NET Framework.


Web Site = http://www.perpetuumsoft.com

Contact Details = Russia
15 Prospekt Kalinina, 238
Barnaul,
Altay 656002

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