COLLABRASPACE APPOINTS VP OF SALES

Annapolis, MD – August 26, 2006 – CollabraSpace®, a leading provider of web-based collaboration solutions for government and commercial enterprises, today announced the appointment of Donald Beery to the newly-created position of vice president of sales. In this position, Beery will provide CollabraSpace with sales and marketing expertise in support of the company’s CollabraSuite® real-time collaboration products and support services.

Beery will be responsible for driving revenue growth through new business acquisition and sustaining existing customer renewals. Beery will also coordinate business development efforts and channel relationships. As the company’s sales leader, Beery will facilitate the development and implementation of the company’s cohesive strategic vision and ensure that the proper tactics are executed against the plan. He will report to CollabraSpace president and CEO, Ray Schwemmer.

“This is a very exciting time of accelerated growth for CollabraSpace,” said Schwemmer. “We’re confident Don understands our vision and brings to bear the skills necessary to drive our business in the right direction.”

For more than two decades in the IT industry, Beery has been developing relationships with technology providers and customers in the public sector and commercial markets alike. Beery comes to CollabraSpace from California-based Cranite Systems, a top developer of secure mobile networking solutions targeted towards risk-conscious customers. There he led worldwide sales and business development and grew Cranite’s business by more than 500 percent. Prior to his work at Cranite, he owned his own consulting firm, B2Gov, where he introduced small and mid-sized businesses to the government market and has held executive sales and general management positions with companies such as RealNetworks, Beyond.com, EDS and is a veteran of the U.S. Navy.

“I’m very happy to be a part of such a well respected technology provider,” said Beery. “The CollabraSuite platform has been used in some of the most stringent environments in the world and I can’t wait to take it to the rest of the public sector and commercial markets. Bringing information, people and ideas together in real-time, via technology, and superior customer support will separate CollabraSpace from our competitors.”

Beery holds a master of business administration degree from George Washington University in Washington, D.C. and earned his bachelor of science degree in finance from George Mason University in Virginia.

About CollabraSpace
Headquartered in Annapolis, Maryland, CollabraSpace is an authority on web-based collaboration solutions for a wide variety of customers with dispersed workforces. These customers include large government organizations such as NSA, NGA and Defense Department elements, as well as large commercial accounts. The company develops and provides secure web-based collaboration software and platforms that include audio/video sharing, document sharing and storage, whiteboarding and instant messaging, as well as a J2EE application development platform. More information about CollabraSpace can be found at www.collabraspace.com.