VERTABASE LAUNCHES ALPHA VERSION OF PROJECT & CLIENT TIMER ON ADOBE AIR™

OAK PARK, MI, Nov. 28, 2007 – Vertabase, a leading developer of project management software, today announced the launch of the Vertabase Timer in public alpha. The Vertabase Timer is a software tool that makes accurate time management simple and effortless by tracking time on projects and tracking time on clients. It runs on Adobe AIR™ and is compatible with Windows and Mac OS as a desktop widget. Ideally suited for individuals, freelancers, teams and enterprises, the Vertabase Timer generates detailed time reports that may be exported to XML for use in other applications. It is available for free online at http://timer.vertabase.com.

“The Vertabase Timer is a desktop timer that provides an efficient alternative to watching the clock and recording time on sticky notes or spreadsheets,” said Mark Phillips, CEO, Vertabase. “The clock and tracker are very user-friendly and enable people to track billable hours – or, just evaluate overall time management efficiency – with ease. The Vertabase Timer is a productivity-enhancing tool that we are currently testing in a public alpha version and we look forward to developing it based on user feedback and suggestions from the community,” Mr. Phillips added.

About Vertabase

Vertabase’s flagship product, Vertabase 4, is a best-in-class project management software solution. Vertabase 4’s unique design makes powerful, results-oriented project management tools accessible to non-technical enterprise users. Vertabase 4 features include advanced resource planning, project tracking, time tracking, project dashboards and comprehensive document management. Vertabase’s clients include ABN Amro, Bailey Engineering Group, City of Fresno, Commerce Bancshares, Global Electronics, Institute of National Resources of South Africa, Ives Creative, Laureate Education, Mercer Insurance Group, Patients’ Hospital, Plymouth Rock, Samson Investment Company, Shore Bank, The Tuesday Group, Unifund, Vector Geomatics, Vicor Power and Washington State Department of Health. Founded in 1997, Vertabase is headquartered in Oak Park MI. For more information, please call (888) 505-0566, write contact@vertabase.com or visit http://www.vertabase.com.

Vertabase is a registered trademark of Standpipe Studios L.L.C. All other product and company names are or may be trademarks or registered trademarks of their respective owners including, but not limited to, Adobe (NASDAQ: ADBE), Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT).