Ecommerce Software Vendor Elastic Path Announces Expansion

Continual Growth at Software Vendor Demands Larger Office Space to Fuel Product Development to Assist Online Retailers

Vancouver, BC, Canada, November 24, 2005 -- Elastic Path Software, the pioneer of flexible, developer friendly, Java ecommerce software for building sophisticated and evolving online retail stores, announced today an office expansion and change in corporate address.

Elastic Path Software has grown significantly over the past year. Acquiring new office space was a necessary step to enable further R&D of the innovative ecommerce software platform for online retailers and a growing ecommerce services practice.

This growth has been recently recognized by the CYBF by naming Elastic Path Software its 2005 National Best Business Award winner. Elastic Path also appeared at #14 on the 2005 Profit Hot 50 for Canada's Emerging Growth Companies.

"We have experienced a significant increase in interest for our ecommerce software from notable internet retailers," explained Harry Chemko, CEO, Elastic Path Software. "Our new facility is three times as big and will enable us to better anticipate and meet the demands of our current and future customers who participate in online retail."

Effective immediately the new corporate address is:

225 West 8th Avenue, 3rd Floor
Vancouver, BC, Canada, V5Y 1N3

About Elastic Path Software
Elastic Path Software pioneered flexible ecommerce software that enables online retailers to attract and convert customers profitably. Elastic Path's fully-integrated, ecommerce framework is designed specifically for mid-sized retailers operating within a multi-channel environment. Using innovative search engine optimization (SEO) technology and simplified open source components, Elastic Path's technology empowers its customers to maximize resources and quickly adapt tactics at a comfortable price. Companies such as Makeup.com, Cotswold Collections, Aeroplan, Random House, Electricshopping.com, and Xerox use Elastic Path for maximum control over their rapidly evolving online stores.

Elastic Path Software is headquartered in Vancouver, British Columbia, Canada. For more information please call 1-800-942-5282 or visit www.elasticpath.com.

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