Inobits to exclusivly distribute iIechnology Forms Accelerator in the United States.

[from press release] MISSION VIEJO, CA, November 26, 2008 –Technology Corporation, an emerging leader in enterprise-class solutions for process automation, today announced Inobits, Inc. (Inobits) as the exclusive distribution partner in the United States of America for iTechnology Forms Accelerator™. The partnership opens additional channels for iTechnology and enables Inobits to exclusively distribute the forms generation component for K2blackpearl™ to their extensive network of customers in the United States of America.

"We're very careful when considering the products to distribute and support, and iTechnology Forms Accelerator™ certainly aligns well with our mission for delivering effective and robust process automation and management solutions," said Johan Grobler, president of Inobits, Inc. "It blends perfectly with our existing services and adds more value towards meeting the demands of customers and partners alike. Building user interfaces without InfoPath or custom ASP pages continues being in high demand in our customer base."


"We are confident that this relationship with Inobits, which is one of the leading K2 value-added distributors, will give iTechnology Forms Accelerator greater reach," said Dmitry Ivahno, president of iTechnology Corporation. "Inobits is a respected firm with a high level of expertise in the process automation and management field with a strong focus on pre and post sales support and is the ideal partner to further establish iTechnology's presence in the United States of America."

"We are pleased to partner with iTechnology which enables us to strengthen our product portfolio," added Johan Grobler. "Through iTechnology we will be able to offer affordable enterprise-class web forms development that meets both the financial and compliance needs of our customers."

The new release of iTechnology Forms Accelerator, together with K2 blackpearl™ and Microsoft Visio 2007, includes all the tools needed to perform process modeling, data capturing, task processing, workflow distribution, routing by rules, retrieval and viewing. Additionally iTechnology Forms Accelerator has its own forms layout designer for defining user interfaces and presenting task information in web forms without usage of InfoPath or custom web development.

About iTechnology
Founded in 2007 and based in Mission Viejo, California, iTechnology offers the industry’s most efficient forms development tools for K2 processes along with a true best-of-breed professional services. The company’s solutions are engineered to deliver swift, cost-effective implementations that integrate with existing K2 processes and avoid inflexible programming efforts and high maintenance costs. Through iTechnology’s innovative enterprise-class software components and services, many companies maximize their business agility and improve process automation efficiency. iTechnology’s solutions are for small, medium andlarge
institutions. For more information, visit www.myitechnology.com or call +1.888.792.7871.

About Inobits, Inc.
Inobits Inc (USA) is a specialized software consulting business that focuses its expertise in business process optimization and workflow office automation. The company operates in areas of next generation breakthrough applications and tools that are designed to amplify the impact of business productivity. Inobits specializes in: Software Implementation & Consulting; K2 blackpearl™; Microsoft SharePoint; iTechnology Forms Accelerator™ for K2.

Inobits Inc USA was established in 2004 as a California Corporation and has its origin from
its founding company, Inobits Consulting (Pty) Ltd in South Africa (1999).

For more information, visit www.inobitsinc.com or call +1.714.371.4232 or by email: johan@inobitsinc.com

About K2 and K2 blackpearl™
K2 provides the platform for a new generation of users to collaboratively assemble dynamic business applications from reusable items. K2-based solutions are deployed by a growing number of the global Fortune 100. K2 is a business unit of SourceCode Technology Holdings, Inc.

iTECHNOLOGY CONTACT: Bobby Naydenova

iTechnology Corporation

bnaydenova@myitechnology.com