AXELERATE RELEASES SHAREPOINT COMPONENT BUILDER SOURCE CODE

REDMOND, October 15, 2007--aXelerate Solutions®, a provider of innovative solutions for enterprise business, has announced today that it is releasing its SharePoint Component Builder in CodePlex.

CodePlex is the Microsoft's open source project hosting web site. It can be found at www.codeplex.com.

The SharePoint Components, named "aXelerate Libraries", are a set of libraries which allow to quickly design multi-tier applications either using ASP.NET 3.5 or SharePoint. The libraries include an XML designer to create web forms (or SharePoint), a middle layer composed of Business Object and a abstraction layer to access any type of databases.

aXelerate is releasing its libraries because it wants to contribute to the community. The initial release of the libraries is posted at www.codeplex.com/AxelerateLibraries and more information can be found here.

About aXelerate Solutions®

aXelerate is a privately held company that provides end-to-end software and product development solutions for medium to large organizations. The company focuses on providing the best collaboration environment, business intelligence, identity management, process optimization, and system development. More information about aXelerate is available at www.axelerate.com.