Applications:

TripleHop Technologies and Syntel in Strategic Alliance

TripleHop Technologies, a provider of decision support software, announced that it has entered into a strategic alliance with Syntel, a global Applications Outsourcing and e-Business firm.

The agreement provides for several avenues of collaboration between the two companies. Syntel will provide TripleHop's clients its expertise in integrating, interfacing and maintaining software applications, particularly with respect to TripleHop's information retrieval software, MatchPoint. TripleHop may also use Syntel's large, trained and experienced pool of software professionals, and its interconnected U.S. and offshore development centers, to outsource certain aspects of its product development. Both companies will promote the partners' products and services to their existing and prospective clients.

MatchPoint is TripleHop's enterprise information retrieval software. MatchPoint enables professionals to find the enterprise information they are looking for regardless of its format or location. In just one query, professionals can search a wide variety of disparate sources of structured and unstructured data, including the Internet, their company's intranet, their shared corporate documents, their emails (including attachments), their local documents, and all the online subscription services that are available to them (e.g., Lexis, Factiva, Bloomberg).

"We are delighted to partner with Syntel," said Matt Turck, president & COO of TripleHop Technologies. "We believe that their world-class expertise in systems integration and software development, which has gained them the trust of customers like AIG, DaimlerChrysler and Ford, will make a very significant contribution to the continuing success of our MatchPoint application."

"Most of the world's information is unstructured and it is becoming increasingly difficult for knowledge workers, work groups, organizations and even individuals at home to store, index and retrieve information from disparate sources," added Ken Kenjale, Syntel's CTO. "TripleHop's MatchPoint eliminates this complexity and dramatically reduces the time to get ad hoc information. We are pleased to work with TripleHop."

About Syntel

Syntel is a global e-Business and Applications Outsourcing company that delivers real-world technology solutions to Global 2000 corporations. Syntel's portfolio of services includes e-Business development and integration, wireless solutions, data warehousing, eCRM, as well as complex application development and enterprise integration services. The company was the first US-based firm to launch a Global Delivery Service to drive speed-to-market and quality advantages for its customers. Named one of Forbes Magazine's "Best 200 Small Companies in America," Syntel has more than 2,700 employees worldwide, is assessed at Level 5 of the SEI's CMM and is ISO 9001 certified. To learn more, visit us at: www.syntelinc.com.

About TripleHop Technologies

TripleHop Technologies designs and markets decision support tools that help consumers and professionals retrieve the most relevant information to make better decisions faster. TripleHop's technology uses statistical domain modeling and information retrieval methods to collect, classify and retrieve structured and unstructured data from a variety of internal and external sources, and identify the most relevant information or product based on a user profile. The company's travel clients include Orbitz, the travel company created by the five major airlines, and JC Decaux, the world's third largest outdoors advertising company. TripleHop is headquartered in New York, NY. For more information, please visit www.triplehop.com.

Contact Matt Turck, president of TripleHop Technologies, matt@triplehop.com.