Small Business Trends

(PALO ALTO, CA – June 10, 2008) – eXpresso Corporation, a pioneering provider of online community solutions for businesses, announced today that Microsoft Corporation has selected the company to take part in its Microsoft Startup Accelerator Program. The program, introduced last October, assists early-stage companies judged as having both a “high potential” for success, as well as products that add value to the Microsoft software ecosystem.

eXpresso, launched in mid-2007, is a hosted online service that lets subscribers upload, securely store, and organize Microsoft Office Excel spreadsheets. The service not only supports password-protected access to the files from any Microsoft Internet Explorer Web browser, but also allows co-workers and others to view or edit the files as needed. The collaborative service has been a strong success, winning thousands of users and receiving “Best Of” honors from both PC World and InfoWorld magazines.

Acceptance into the Microsoft Startup Accelerator Program is expected to further advance eXpresso’s visibility and product value. Only a select number of companies are admitted to the program, based on their potential for success and their strategic synergy with Microsoft products. Companies in the program receive one-on-one assistance from Microsoft; support services range from customized engagement plans, access to premier Microsoft software support staff, and advanced testing support to event opportunities and introductions to appropriate Microsoft product and marketing teams. Companies in the program also benefit from Microsoft’s range of contacts within the funding and venture capital communities.

“eXpresso is extremely pleased to have been invited into the Microsoft Startup Accelerator Program, not only for its many business benefits, but also for the further validation of our business model and product execution,” said George Langan, chief executive officer of eXpresso. “We believe that this close relationship with Microsoft will result in an even better user experience for the thousands of individuals who depend on eXpresso every business day.”

“eXpresso, like all companies invited into the Microsoft Startup Accelerator Program, was evaluated for its marketability, growth potential, funding, management and strategic potential with Microsoft,” said Lynda Ting of Microsoft’s Emerging Business Team.

The Microsoft Startup Accelerator Program is a global effort with location implementations in the United States, France, the United Kingdom, Germany and 12 other countries. It is an initiative of the Microsoft Emerging Business Team, Microsoft’s in-house team of business development experts.

About eXpresso:

eXpresso is a pioneering provider of managed business community solutions. The company offers secure, hosted online workspaces suitable for business collaboration, beginning with the Excel spreadsheet environment. The unique capabilities in the eXpresso service leverage multiple homegrown, patent-pending technologies, enabling users to access, share, compare and collaborate on business information from any location. The privately-owned company is headquartered in Palo Alto, California. To learn more, visit www.expressocorp.com.

eXpresso is a trademark of eXpresso Corporation. Other product and service names mentioned herein are the trademarks of their respective owners.