Mindreef

Hollis, NH - January 28, 2002 - Mindreef, the creator of the SOAPscope Web services diagnostic tool, today announced that Software Development magazine has named SOAPscope as a finalist for the 13th annual Jolt Product Excellence and Productivity Awards.

For the past 12 years, Software Development's Jolt Awards have been presented annually to products that have "jolted" the industry with their significance and made the task of creating software faster, easier and more efficient. Jolt Cola, the fabled soft drink quaffed by software programmers for sustenance during development project marathons, sponsors the awards presentation.

This year, Mindreef SOAPscope was selected as one of 7 finalists in the new Best Web Services Tool category. Overall, 66 finalists in 11 categories were chosen from more than 700 nominations by a team of Software Development editors, columnists and industry gurus.

"Software Development Magazine has a strong track record of identifying the most innovative and relevant tools," said Frank Grossman, co-founder of Mindreef. "All of us at Mindreef are very proud that our initial product was selected as a finalist for such a prestigious award in such a competitive category."

This year's awards ceremony will take place on March 26th at the Santa Clara Convention Center during SD West 2003, which attracts more than 5,000 software developers, renowned industry speakers and the press annually. Winners will also be featured in the June issue of Software Development magazine.

More information on the Jolt Product Excellence and Productivity Awards is available at http://www.sdmagazine.com.

About Software Development magazine

Software Development is the leading magazine for software development managers. It is the definitive source to empower those who implement and manage teams, technologies, practices and tools integral to successful development projects. Software Development is a monthly publication reaching 100,840 subscribers. Software Development readers, who average more than 12 years' experience in the field, are trailblazing managers who care passionately about enlivening and expediting the task of delivering successful software on time and under budget.

Software Development magazine is part of CMP Media LLC's Software Development Media Group, which also publishes Dr. Dobb's Journal, MSDN magazine, C/C++ Users Journal, Windows Developer's Magazine, Byte and SysAdmin; holds the semiannual Software Development Conference and Exposition; and produces 15 Web sites. The Software Development Media Group reaches the largest, most influential audience of software developers and business solution providers available through a single media company.

About CMP Media LLC

CMP Media LLC (www.cmp.com) is a leading integrated media company providing essential information and marketing services to the entire technology spectrum-the builders, sellers and users of technology worldwide. Capitalizing on its editorial strength, CMP is uniquely positioned to offer marketers comprehensive, integrated media solutions tailored to meet their individual needs. Its diverse products and services include newspapers, magazines, Internet products, research, direct marketing services, education and training, trade shows and conferences, and custom publishing.

About Mindreef

Mindreef was founded in 2001 by the original technology team from NuMega Technologies, a leading software development tools provider for the Microsoft and Java platforms that was acquired by Compuware Corporation. Mindreef is delivering the industry's first comprehensive Web Services Diagnostics system, enabling application developers, service developers, testers and support staff to address the problem-solving challenges of distributed applications.

For more information, visit http://www.mindreef.com.