Leading Open Source Collaboration Server Netline Moves Headquarters to U.S., Changes Name to Openexchange Inc.

Jun 16, 2005, 01:00 ET from Openexchange Inc.

    OLPE, Germany and TARRYTOWN, N.Y., June 16 /PRNewswire/ -- Netline
 Internet Service, makers of the world's leading open source collaboration
 server, announced today that it has transferred the intellectual property,
 trademarks, URL's, branding and marketing rights to Open-Xchange Server from
 Netline to New York-based Openexchange Inc.
     Under a multi-year contract, Netline will continue to provide development
 services for Openexchange and has been designated as an Open-Xchange reseller.
     Open-Xchange Server enables easy migration and integration to an open
 source environment -- allowing IT administrators to create and implement
 killer-apps without changing existing infrastructure components, i.e.
 databases, directory services, message transfer agents, e-mail servers or
     "Moving the company headquarters to the United States made sense for
 us -- it gives us improved access to growth capital and a better finger on the
 pulse of the U.S. market," said Frank Hoberg, CEO, Netline Internet Service.
 "The heart and soul of Open-Xchange will remain in Germany -- along with our
 core development team -- but we expect exponential growth in the U.S. in the
 very near term and this move will help us to realize that. Unfortunately, the
 company name "Netline" was not available in the U.S., so we decided to focus
 the brand going forward. We were able to purchase the URL,
 http://www.openexchange.com, and register the company name, Openexchange Inc.,
 in Delaware."
     About Openexchange Inc.
     Based in Tarrytown, NY, Openexchange Inc. (http://www.openexchange.com) is
 the world's leading Linux-based groupware, collaboration, and messaging
 provider. Openexchange's flagship product, Open-Xchange Server, comes in a
 free open source version, OX 0.8, and a commercial version, Open-Xchange 5.0.
 Olpe, Germany-based Netline Internet Service has been developing java-based,
 three-tier web applications since 1996 and continues to be the contract
 developer of Open-Xchange. Netline also provides the core collaboration engine
 for SUSE LINUX Openexchange Server. Netline is also a licensed reseller of
 Openexchange Inc.

SOURCE Openexchange Inc.