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IONTAS ANNOUNCES NEW EUROPEAN HEADQUARTERS

Premises for development group and expansion of development team

Austin, Texas and Donegal, Ireland - March 22nd 2004

Iontas announces the transition of its European headquarters to:

    Unit 6 Starlite Business Park,
    Port Rd.,
    Letterkenny, Co. Donegal,
    Ireland.
The new premises provides significant opportunities for expansion of the European based product development teams. Iontas CTO, Martin McCreesh, commented, "The new office space will give us room to expand and build our product development teams close to one of the fastest growing cities in western Europe. As such it is more convenient for our staff and will enable us to continue to attract experienced engineers going forward. With a full range of local services nearby and easy access to both Dublin and Belfast, Letterkenny provides us with an ideal base for future growth."

Telephone and fax details for the new offices are:

    Main office: +353-74-9194070
    Fax: +353-74-9194071

About Iontas Ltd.
Iontas is an innovative provider of people and enterprise resource management software solutions for today's technology-driven age. Through its comprehensive development program and partner alliances, Iontas delivers a suite of integrated management tools that analyze the alignment of IT systems with business goals. Based in Donegal, Ireland with U.S. headquarters in Austin, Texas, Iontas management products have been widely adopted by leading clients including British Telecom, Conduit Europe and Stream International. For more information on Iontas, www.iontas.com.