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 provides a flexible ecommerce platform that gives enterprises the capabilities and control to deliver innovation in a complex environment. The Java-based platform enables integration with SOA environments and rapid development of custom features. Enterprises can now quickly adapt ecommerce tactics to gain a competitive advantage. Companies such as Aeroplan, Time Inc, and Samsonite use Elastic Path for maximum control over their evolving online stores. For more information, please visit www.elasticpath.com.