EdgeWorks, Inc.

News Release – 28-Aug-2001

EdgeWorks, Inc. Names Mike Farley as President and CEO

McLean, Va. – August 28, 2001 –EdgeWorks, Inc., an innovative provider of integrated wireless applications development and staffing solutions for government agencies and companies, today announced Mike Farley as the President and Chief Executive Officer. In this role, Farley will be responsible for overall strategic planning, marketing, and business development for the new company.

The company announced the appointment of Farley, who has served as President and CEO since the company’s formation in March. "I am thrilled to be a member of the great team EdgeWorks, Inc. has assembled," said Farley. "Industry research indicates wireless development is poised to grow exponentially over the next several years, and EdgeWorks, Inc. is ideally positioned to address these development needs in the government and commercial sectors on a worldwide scale. The company’s knowledge of government contracting operations gives it a sustainable competitive advantage that will be difficult for competitors to emulate."

Mr. Farley has an extensive background in Internet business case development, research, and product launches, specializing in technology-driven business strategies. Previous experience includes contracting as an Internet product champion at TRW for the Department of Treasury, where he was responsible for overseeing the development, testing, sales, marketing, implementation, and profit and loss of various product lines. As Internet product manager for Teleglobe Business Solutions, his responsibilities included tactical and strategic planning for broadband and value-added services (DSL, dedicated Internet, dial-up Internet, Web hosting, ASP). Mike also worked for two years at America Online in the legal and operations security departments and for one year at an Internet startup (TrialNet, a profit-generating entity) where he was responsible for Sales & Marketing. He has over 12 years' experience with federal government agencies, having served in various technical and intelligence roles.

Farley served with distinction in the U.S. Navy in security and electrician roles for four years (during the Gulf War) and as an Intelligence officer in the Maryland Army National Guard (1/158 CAV (Recon)) for six years. As a staff officer, his squadron was awarded numerous commendations, designated the Army's most combat ready unit of the reserve components, and proclaimed "Unit of the Year" by Salute magazine.

Mike holds a BS in Business Management from the University of Maryland and a Masters of Business Administration (concentrations in finance and international business, candidate Jan. 2002) from George Mason University.

About EdgeWorks, Inc.

EdgeWorks, Inc. is a leader in wireless applications and forms software development that increases efficiency, productivity, and end-user satisfaction in today's mobile enterprise workforce and government agencies. The company also provides outsourced staffing solutions focused on hi-tech and wireless services. EdgeWorks, Inc. identifies and customizes applicable forms to maximize wireless (handheld device) compatibility. As a wireless ASP (WASP), professional services automation (PSA), mobile middleware, and managed hosting of wireless applications services are offered.

Sales forces, mobile office users, and government agencies benefit from the wireless and staffing solutions.

EdgeWorks, Inc. leverages current infrastructure and enterprise software to increase return on investment, sustain competitive advantages, and maximize efficiencies by providing wireless access to critical data that resides on front and back-end systems. For more information about EdgeWorks, Inc., please visit the company website at http://www.edgeworks-inc.com.

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