May 28, 2002

EXENT TECHNOLOGIES EXPANDS ITS APPLICATIONS-ON-DEMAND PLATFORM TO CORPORATE MARKET

Signs license agreement of industry leading Applications-on-Demand technology with Fujitsu

Bethesda, Md., May 28, 2002 - Exent Technologies announced today the expansion of their Applications-on-Demand (AoD) platform to include software used primarily by the professional and corporate environment and marks the company's entrance into the Application Deployment and Management (ADM) market. Exent also announced a license agreement with Fujitsu allowing them to market the ADM product. The ability to stream applications for a business environment will enable uniform software distribution across all employees, eliminate the need for installation and configuration for each personal computer, and centrally manage upgrades and rollouts. Additionally, it will provide for a central method of software license auditing and management, and prevent illegal copies of the application.

"Up until today we have primarily focused on the consumer market for our EXEtender™ product and have had great success with our clients in rolling out the technology," said Zvi Levgoren, CEO of Exent Technologies. "The expansion into the corporate market is a natural growth opportunity for our firm and a great way to help organizations take advantage of our streaming technology."

In addition to the corporate environment, the Exent technology platform can be used by Independent Software Vendors as a tool to offer their own products as trials, provide built in software licensing, offer rent-to-own software, and serve as an Application Service Provider (ASP) for their products. As an ASP the technology provides a highly scalable platform to support user demand and variety across a number of applications or software programs. Finally, the technology solution puts the processing on the end-user's desktop allowing for better control of overall bandwidth costs.

About the Technology

• One-click technology allows end-users to access encoded applications by simply clicking on a website link.
• Desktop EXEtender™ player installed on user machine to interact with server.
• Streaming Technology that works off caching servers deployed across Internet/Intranet.
• Highly scalable.
• Can encode any application with zero developer assistance.
• Applications retain 100% of their off-the-shelf functionality.
• Support for Windows 95, 98, ME, 2000, and XP.
• Secure environment.

About Exent Technologies Ltd.
Exent Technologies is the global leader in developing Applications-on-Demand technology that delivers computer software programs over IP networks for use in advanced telecom, broadband and enterprise services. Its flagship product, the Exent EXEtender™ delivers any software securely over the web or an enterprise network.

Major shareholders in the company are: New Enterprise Associates (NEA), Temasek Holdings of Singapore, Concord Ventures, Geyser Business Enterprise, America Online, Comcast, Singapore Telecommunications (SingTel), and Bezeq (Israeli Telco). The company is headquartered in Bethesda, Maryland and can be found online at www.exent.com