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[April 18, 2007]

QL2 Software Selected as Top Software Innovator by Sand Hill Group

SEATTLE --(Business Wire)-- QL2 Software today announced it was selected by Sand Hill Group for Innovation Showcase, which spotlights innovators in the enterprise software industry. Narry Singh, QL2's Executive Chairman of the Board, will present at the Innovation Showcase Theater at Software 2007.


CMP Technology's Software 2007 theme is "Powered by Innovation" and will be held at the Santa Clara Convention Center on May 8-9, 2007. In its fourth year, Software 2007 is expected to attract more than 2,000 software CEOs, VPs, CIOs, venture capitalists, private equity partners, investment bankers, press and analysts and industry professionals.

"This year's Showcase winners illustrate that innovation is alive and well in the software space," said M.R. Rangaswami, Sand Hill Group co-founder and Software 2007 executive conference director. "QL2 represents one of 25 novel companies that we believe will play a notable role in the software ecosystem."

Innovation Showcase winners in the Software category represent a compelling mix of classic software companies who offer inventive ways to apply software solutions to real business problems. QL2 Software was selected based on its unique technology and ability to demonstrate real revenue traction with over 200 global customers.

QL2 Software is the leading provider of on-demand data extraction and integration solutions that manage data from the Web as well as internal data stores. For enterprises in travel, financial services, healthcare and retail, QL2 has delivered structured, actionable data to customers to arm them with the real-time business intelligence necessary to gain market insight and a competitive advantage.

"Many previous companies selected for the Innovation Showcase have gone on to be true market leaders in their categories, so we look forward to being able to present our vision to this tech-savvy audience," said Narry Singh. "We are looking forward to this high-profile event to raise the visibility of our company and reach out to those in need of unstructured data solutions. We appreciate the invitation from Software 2007 to be a part of this year's Innovation Showcase."

About Sand Hill Group

Sand Hill Group serves the $600+ billion software, services and solutions market by providing investment and management advice to emerging enterprise technology leaders. Sand Hill also owns Sandhill.com - the premier destination site and resource center for CEOs, VPs, Entrepreneurs, VCs and for members of the software industry ecosystem. Its weekly electronic newsletter is read by thousands of executives. Sand Hill produces the 'Enterprise' and 'Software' conferences for CEOs and executives in the industry and creates high-impact research reports for its constituents.

About QL2 Software, Inc.

QL2 Software (www.QL2.com) is the leading provider of on-demand data extraction and integration solutions that empower BI, CI, enterprise search and text analytics applications to deliver the data that drives the enterprise for over 200 companies in 34 countries. In 2005, QL2 joined IBM's Unstructured Information Management Architecture (UIMA) open source initiative, was named to KMWorld's "Top 100 Companies" and "Trend-Setting Products of 2006" in addition to placing high on the list of Fastest Growing Private Companies in Washington by the Puget Sound Business Journal for two consecutive years.

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