For immediate release

OCTOPZ NAMED A "TOP FIVE" WEB 2.0 SERVICE BY CNET WEBWARE AT WEB 2.0 EXPO 2007

Octopz cited for being highly effective and “incredibly easy to use”

(TORONTO, April 27, 2007) -- Octopz, the advanced online collaboration software which publicly launched at the recent Web 2.0 Expo 2007, has been named as one of the “Top Five” Web 2.0 services at the show by Webware.com, a site by CNET. Selected by the editors of CNET Webware, Octopz was chosen from over 115 products and services on display at the show.

“Octopz is a great example of the shift that’s underway in how people use computers and the Internet - every day more utility is being delivered over the Web,” said Josh Lowensohn, research editor at Webware.  “Octopz is a really slick flash-based application that is incredibly easy to pick up and use.  And, like the new generation of webware that’s replacing traditional software, it’s a full application that can be run in a browser and is accessible from any computer.”

Lowensohn also praised Octopz for its unique ability to enable creative professionals to share and annotate media files including videos as well as documents and images. He was also impressed with the fully integrated text, voice and webcam functionality that enables collaborators to see and talk to each other in real time for no additional charge.  

“We are thrilled with Webware’s enthusiastic response to Octopz. Their recognition of Octopz as a Top Five pick further confirms that we chose the right time to release our software to the market.” said Barry Fogarty, CEO of Octopz Inc.  “For the last year, we deliberately stayed off the industry radar and focused on comprehensive beta testing and consultation with key users in both small business and enterprise environments.  Their feedback – and the improvements we made as a result – has ensured that Octopz includes the features and functionality they need.”

About Octopz Inc.
Octopz Inc. (www.octopz.com ) develops next generation on-demand, online collaboration technologies built specifically for today’s creative professionals. With fully integrated support for text messaging, VoIP and webcams, Octopz allows colleagues and partners anywhere in the world to work together securely in real-time, or individually at their own convenience, using multiple document types, and then save and archive their work for subsequent retrieval, review and feedback. The result is accelerated decision making and speed-to-market – a significant competitive edge.

For more information, contact:
Ann Christie
Vice President, Marketing
Octopz Inc.
1.877.530.4440
416.673.8187
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Octopz Inc. 
MaRS Centre, South Tower, 101 College St, Suite 232, Toronto, ON Canada M5G 1L7 
Telephone 416 530-4440  Fax 416 673-8181  www.octopz.com