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ThinSpring Announces New Risk Analysis Capabilities with XML Sage™ v.2.1

Corona, Calif. – (September 8, 2003) – With a Sarbanes-Oxley deadline right around the corner, many public companies are scrambling to figure out their level of compliance.

ThinSpring has the answer. ThinSpring, a Corona based company, recently announced its release of XML Sage™ v.2.1, with new features that take the guess work out of compliance issues. This real-time, fully configurable, browser-based system now includes a powerful risk analysis application piece. This new feature, coupled with the existing task management portion, provides companies with the solution they are looking for.

XML Sage v.2.1 is fully XML based and can be implemented in less than a month. Using its patent-pending MatriXML™ engine, time to production can be a matter of weeks rather than months. “Our MatriXML toolset provides a rich set of API’s (Application Programming Interfaces) that allow rapid application development with XML Sage, our unique flagship product,” said Kevin Stapel, chief information officer and senior partner at ThinSpring.

XML Sage delivers worldwide knowledge management solutions in record time, capable of rapid multi-facility, 100-plus user installations. It provides real-time visibility on the status of worldwide management activities and projects.

“With added system e-mailing technology and a collaborative view that includes online discussion areas, reference item storage space, and online administration tools, the new XML Sage v.2.1 is in a class all of its own,” said Brian Suggs, senior systems analyst at ThinSpring.

Included with this release are items such as a Recently Viewed List and an Assigned Task List, both on the users’ XML Sage home page. XML Sage tracks where the user has been and to what tasks the user has been assigned. The users’ home page displays a list of those items and a link that takes the user either to their most recently viewed item or to their assigned task. “This one click action saves users valuable time and will allow them to work much more efficiently,” Suggs said. Other new items for XML Sage v.2.1 include the look and feel. “This new look helps us to brand our software and give users a more eye-appealing environment to work in,” Suggs said.

Experts are predicting that public U.S. companies will spend as much as $2.5 billion to comply with Sarbanes-Oxley requirements. According to ThinSpring, this system can handle all of a company’s compliance needs at a fraction of the cost and time.

About ThinSpring:
ThinSpring, founded by former pharmaceutical and medical device professionals, specializes in XML web-based solutions, integration and data conversion. ThinSpring has used its industry expertise to develop a dynamic XML engine, MatriXML™. This patented XML technology is the basis for all ThinSpring solutions including XML Sage, SPL Server, PIM Server, and eCTD Server. ThinSpring’s solutions have gained acceptance as an essential, collaborative application-development platform for FDA regulated companies. ThinSpring’s core team manages technology and regulatory consulting divisions that support its clients’ operations throughout the United States, Europe, Asia and South America. ThinSpring headquarters is in Bridgewater, New Jersey, with offices in California and North Carolina. More information about ThinSpring and ThinSpring’s solutions can be found on their website at: http://www.ThinSpring.com.

Media Contact:
Ron Celeste
ThinSpring
908-962-0740
ron.celeste@thinspring.com