Riversand Named to Software Magazine's 22nd Annual Software 500.

HOUSTON, -- October 11, 2004 – Riversand Technologies, (http://www.riversand.com), a Houston-based provider of Product Information Management (PIM) solutions, today announced its inclusion on the Software 500, Software Magazine's list of the world's foremost software and services providers. The list has been published at www.softwaremag.com.

"The software industry remains extremely dynamic, with 140 new companies appearing on the 2004 Software 500 list. Overall results were mixed but total revenue for the 500 was up 14% and total employment up 8%, says John P. Desmond, Editor of Software Magazine and Softwaremag.com. "Sectors strong this year include security, business process management and system integration services including outsourcing services. Site visitors will notice changes to the Software 500 online this year that make it easier to navigate. Our aim is to help CIOs, senior IT managers and IT staff research their partner options and that is a valuable service."

"We are honored to be awarded this distinction and be included in the list of world's most successful software and services providers", said Sashi Narahari, President & CEO of Riversand. "This ranking is a tribute to each and every member of Riversand Team. It is their passion and perseverance for building a world-class enterprise software company that this achievement has been possible”.

The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting enterprise IT organizations. The list includes both private and public companies; 30% of the 2004 Software 500 companies are private. The Software 500 is a worldwide list in that any company may submit financial and product information via the annual Software 500 survey, conducted 100% on the Web.

About Softwaremag.com, The IT Software Journal
Softwaremag.com, The IT Software Journal, is the Web publishing effort of Software Magazine, a brand name in the industry for over 20 years. Softwaremag.com is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies, now in its 22nd year. Software Magazine and Softwaremag.com are owned and operated by King Content Co., the Web content development and publishing firm run by John P. Desmond.

About Riversand Technologies, Inc
Riversand was founded in 2001 with the goal of providing world-class enterprise software to meet the growing demands of global 2000 companies for comprehensive and cost-effective Product Information Management (PIM) solutions. Riversand’s solutions drive business process and operations cost savings by streamlining the product information supply chain. The solutions enable the enterprise to synchronize product information, processes and people into one centralized platform. A single-source of product information will enable enterprises to automate collaboration with trading partners whether your needs are in supplier facing activities such as Engineering Design, Sourcing & Procurement or customer facing interactions across multiple channels and markets.