Again Technologies Acquires India Development Firm.

SAN MATEO, Calif.--(BUSINESS WIRE)--Nov. 23, 1999--

Again Technologies, Inc., a premiere developer of variable and incentive pay solutions, today announced that it has acquired Software House, India, a development firm located in Madras, India.

Terms of the acquisition were not announced. The subsidiary company, to be called Again Technologies (India) Pvt. Ltd., will be the primary worldwide development center for Again Technologies. The company currently employs 17 developers and will grow to more than 40 developers by the end of the year.

Again Technologies is the developer of CompSense, a software product that takes the pain out of managing variable pay. CompSense is utilized by leading U.S. consumer goods and retail companies, technology firms, utilities and financial firms to accurately and quickly pay employees whose compensation varies. Customers use Again Technologies' solutions to calculate individual and team-based sales commissions, pay quarterly and yearly performance bonuses, and track and pay a variety of other variable or incentive compensation.

The subsidiary company has provided development services to Again Technologies for the past three years and offers a significant reserve of business and technical knowledge in the variable pay applications marketplace.

"Bringing this subsidiary company into our fold is a critical component of our fast-track development plans," said Again Technologies CEO Gopi Mattel. "We are utilizing the subsidiary to implement a 24-hour continuous development cycle, with development and preliminary quality assurance in India, and secondary quality assurance, product release planning, product management and corporate marketing in San Mateo."

"The subsidiary provides a strategic advantage in scalability of our development operation and in our ability to shrink product development cycles," Mattel added.

About Again Technologies

Founded in 1995, Again Technologies provides complete software solutions to take the pain out of variable pay. Customers include ALARIS Medical Systems, PacifiCorp, and Wilsons, The Leather Experts. More than seventy percent of companies in the U.S. utilize variable pay for commissions and performance or incentive compensation.

Backed by venture capital firm Artemis Ventures, Again Technologies delivers flexible, scalable solutions, enabling companies to quickly and accurately pay employees whose compensation varies. Named a Red Herring 'Ten to Watch' company, Again Technologies is privately held, with headquarters in San Mateo, Calif. For more information, visit Again Technologies' Web site at www.againtech.com.