Parallax Capital Announces Acquisition of FWB Software.

IRVINE, Calif.--(BUSINESS WIRE)--July 22, 1999--

Parallax Capital Partners, LLC, ("Parallax") a private investment firm based in Southern California has acquired FWB Software, LLC, ("FWB") a San Francisco based software developer for computers running the Apple Macintosh operating system. Terms of the transaction were not disclosed. FWB Software will continue to operate autonomously developing storage management software for the Macintosh Platform.

FWB Software (www.fwb.com) has been a leading developer and supplier of utility software for Apple Macintosh computers since 1986. The company has focused on supplying top quality, high performance, and easy-to-use storage products that have consistently won top ratings from MacAddict, MacWeek and MacWorld. The company's products, Hard Disk Toolkit(TM) and CD-ROM Toolkit(TM) provide comprehensive disk management solutions geared toward greatly simplifying the task of managing a user's storage devices, optimizing performance, and protecting the integrity of data. These products enhance the performance of hard disks and removable cartridge drives, disk arrays, and CD-ROM drives. FWB has garnered a large and loyal customer base with an emphasis in multimedia related fields, including graphic arts, digital video, publishing and entertainment.

John Kirsten, a high technology veteran with over twenty-five years of management experience has assumed the position of President of FWB. "This is an exciting opportunity. FWB is a business with a solid technical reputation and strong brand recognition. I look forward to being able to capitalize on the resurgent Macintosh market." Norman Fong, founder of FWB mentioned "Parallax brings a strong foundation to FWB, both financially and operationally. This should enable FWB to enter new markets as well as to more fully develop its current markets." Mr. Fong, an expert in storage management and the author of the Guide to Storage, a leading reference guide on computer storage technology, will continue to be active with FWB in a consulting capacity.

Based in Irvine, California, Parallax Capital Partners is a private investment firm dedicated to investing in and acquiring companies in the following industries: software, telecommunications, healthcare, specialty manufacturing and business services. Parallax focuses on companies with between $5.0 and $25 million of revenue that require capital to either expand their existing business, make strategic acquisitions, or plan for ownership succession. This is the second acquisition for Parallax in the past sixty days, having completed the acquisition of a provider of wireless infrastructure in late May. The principals of Parallax, in conjunction with its primary investor, The Argentum Group, have participated in over 100 growth investments and acquisition transactions during the past ten years. For further information, contact either James Hale or Scott Lencz at 949/863-3131. E-mail is [e-mail] or [e-mail].