Thetis Technologies Among First Companies to Win Microsoft "Premium .Net Connected" Certification

Brookline, Massachusetts— December 14, 2002 — Thetis Technologies Inc., maker of ThetisPro(tm), a leading Collaborative Product-Lifecycle Management (C-PLM) solution, announced today that ThetisPro has won Microsoft’s Premium .NET Connected certification. Thetis Technologies can now display the Premium .NET Connected Logo on its product, making it easy for customers to recognize that ThetisPro is designed to operate across platforms, programming languages and applications through the use of Microsoft XML Web services.

“We are proud to be one of the first companies to achieved Microsoft’s premium level certification”, said Shmuel Halevi, president of Thetis Technologies. “We chose .NET because it is the best foundation for development and deployment of our web-native enterprise solution, which unifies engineering and operations and facilitates eCollaboration across the extended enterprise”

More about ThetisPro

Thetis Technologies’ ThetisPro software brings together best-in-class product-data-management (PDM) and enterprise-resource-planning (ERP) functionality for high-technology companies. ThetisPro greatly impacts time-to-market, time-to-value, operating cost, delivery schedules, and product quality by automating and synchronizing development, engineering, manufacturing, purchasing, and customer care tasks.

ThetisPro bridges the traditional gap that separates the engineering and operations domains by unifying product and business data and processes. It gives users clear visibility and total control over the enterprise-wide cost of every product change as well as its impact on vendors, manufacturing partners, and customers. ThetisPro then incorporates the change into the company’s manufacturing, purchasing, sales, and support processes. Using email and XML Web services, ThetisPro facilitates multi-language and multi-currency eCollaboration with customers, suppliers and partners across the global extended enterprise.

About Thetis Technologies Inc.

Thetis Technologies, Inc. is a multi-national company that develops and markets ThetisPro, the complete enterprise solution for the high-tech industry. Thetis is the former Information System Division or Orckit Communication, a leading communication equipment supplier (NASDAQ:ORCT), which has been using Thetis software successfully since 1998.

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ThetisPro (tm)is a registered trademark of Thetis Technologies Inc. in the United States and/or other countries.

Microsoft and the .NET Connected Logo are trademarks or registered trademarks of Microsoft Corporation in the United States and/or other countries.



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