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RIPE Named a Finalist in BC TIA Technology Impact Awards

Vancouver, May 19, 2006 — RIPE, a Vancouver-based custom software development firm, is pleased to announce it has been named a finalist in the 2006 British Columbia Technology Industries Association (BC TIA) Technology Impact Awards for its work with UBC Research Enterprises.

RIPE earned the finalist position in the Best Application of Technology category for its development of Flintbox™, an online platform for marketing and licensing the outcomes of research taking place in and around universities. Currently in use at more than thirty Canadian universities and eight pilot U.S. universities, Flintbox increases access to innovations by providing a platform for researchers to share their discoveries, research methods, and findings to more effectively disseminate and license the outputs of early-stage research.

Since their inception in 1994, the Technology Impact Awards have gained the reputation as the mark of distinction for outstanding leadership, innovation, and technological excellence within BC's diverse technology community. Many of the past winners and finalists are companies that have commercialized technologies originating from various educational institutions across the province. The success of these companies illustrates the important role that pure research and technology transfer efforts play in the success of the BC technology industry.

"This is a tremendous honour for us," said Matthew Lane, President and Chief Executive Officer, RIPE. "We have quietly, behind the scenes, been developing innovative technologies that have positioned our clients as market leaders not only in British Columbia but also on the national and international stage. It is great to share this stage with them."

About the BC TIA

BC Technology Industries Association (BC TIA) is a not-for-profit, member-funded organization that represents start-ups to established technology companies, including those that service the industry, across the province. As the largest and most influential technology association in the province, BC TIA advocates issues that enable the continued growth, prosperity and sustainability of our industry and economy. The association also delivers opportunities for members to learn, get connected and grow their businesses in BC. For more information visit www.bctia.org

About RIPE

RIPE, a custom software development firm, works with select companies to turn business process visions into practical reality and in turn, transforms them into market leaders. From its offices in Vancouver, RIPE has developed long-term relationships with clients including Cintas, Millennium Mats, the University of British Columbia and Webnames.ca. To learn more, visit www.ripe.ca.

Contact:

Helen Walker
604.734.2444