Teqcorner Attracts New Tenants, Continues Rapid Growth With Unique Model for Flexible Office Solutions.

Business Editors

MCLEAN, Va.--(BUSINESS WIRE)--July 29, 2002

Teleworld Solutions, Emerge Financial Corporation, Opus Plus and

iPrime Group, LLC Select Teqcorner While Existing Tenant Visual

Sciences Expands Space and The Carlyle Group Extends Lease

Teqcorner (www.teqcorner.com), offering flexible and affordable office solutions for emerging and transitional companies, today announced that is has signed four new tenants, upgraded a tenant to a larger office space and extended the lease for an existing tenant. Teleworld Solutions, Emerge Financial Corporation, Opus Plus and iPrime Group, LLC are among latest area companies taking advantage of Teqcorner's flexible leasing options. In addition, Visual Sciences has expanded their existing space to accommodate their rapid growth, and The Carlyle Group has extend its lease at Teqcorner.

"We are very excited to continue filling our space with new and growing tenants," said Rachel Chegini, site manager of Teqcorner. "Despite the current commercial real estate glut in the area, Teqcorner remains competitive because of our short-term lease flexibility and our ability to offer more than just the typical landlord-tenant relationship. Our hands-on management team and unique office community attract companies looking for a space that offers everything they need to become operational the day they move in."

Teqcorner provides an ecosystem that combines flexible leasing agreements and hands-on management within a unique networking atmosphere making it the only company of its kind in the Washington, D.C. area. Teqcorner's value-added services range from concierge services, guest speakers and networking events to seminars, workshops and an environment conducive to cultivating new business relationships. These benefits attract start-up companies looking for affordable space, companies in search of temporary space with favorable leasing terms, and satellite offices of larger companies testing out the D.C. market.

"After evaluating various leasing options, we decided to move into Teqcorner because it enables us to sign a short-term lease that fits our current needs, while also giving us the option to grow as our business expands," said Ken Campbell, chief operating officer of Emerge Financial Corporation. "In addition, we didn't have to worry about the nuances of pricing office furniture or installing phone lines. Instead, we were up and running quickly, which allowed us to remain focused on our core business."

Teqcorner hosts a vibrant and synergistic mix of people, venture capitalists and technology companies, including current and former tenants ranging from The Carlyle Group and Gladstone Capital to the Bush-Cheney Transition Team, Visual Sciences, High Tech HR and e-Cerv.

"Teqcorner was the most attractive choice for us when we signed on over seven months ago because of their lease flexibility," said Jim MacIntyre, president of Visual Sciences. "It is this flexibility, as well as Teqcorner's ability to quickly respond to our growth needs, that easily allowed us to expand our space."

About Teqcorner

Teqcorner offers flexible, affordable office solutions for start-up and high growth companies. Teqcorner combines turn-key office suites, state-of-the-art technology and amenities to create an entrepreneurial community. Teqcorner's fully-furnished office suites range from 100 square feet to 2,600 square feet with high-speed Internet access and can accommodate anywhere from one to 30 people with terms ranging from three to 24 months. Meeting rooms and a large conference facility that accommodates 100 people, ample parking, TV lounge and proximity to hundreds of restaurants and shops are just some of the benefits offered to clients.