Hewlett-Packard (Canada) and CipherSoft Sign Agreement

Calgary, Alberta - CipherSoft Inc., a leader in conversion tools and services, announced it has signed a Worldwide Systems Integration and Software Distribution Agreement with Hewlett-Packard (Canada) Co., an acknowledged leader in the open-source community. Under terms of the agreement, CipherSoft will provide its ExodusTM migration software and training to HP's services professionals, in preparation for a worldwide rollout to assist HP's Oracleâ OpenVMS customers. The licensing agreement allows HP to resell the Exodus product to its clients in a packaged form or provide it under a service agreement.

ExodusTM , CipherSoft's state-of-the-art migration tool, automates the migration of Oracle Forms and PL/SQL to JavaÔ. In addition, the product automatically converts Oracle Libraries and Triggers into the Java environment. The converted application is fully maintainable, portable, contains no wrappers and all semantic contents are converted providing flexible deployment and very little impact on business operations.

"We are pleased to be aligned with HP, a recognized porting and migration service leader," said Jennifer McNeill, President and CEO of CipherSoft. "Delivering best of breed software is our primary objective within the Exodus product suite. Through our alignment with HP, CipherSoft is acting on the growing global demand for true open system technology solutions and confirming HP's migration service delivery capabilities. This agreement is clearly a competitive advantage that raises the profile of our migration tool and offers additional value to our mutual customers by providing them with an easy-to-use tool and more services for further enhancing and managing their applications."

HP has designed a structured, migration methodology utilizing ExodusTM to assist their OpenVMS clients to move to Java smoothly, quickly, and cost effectively. HP Services professionals will assist their clients as they tune these applications for optimal performance, and complete the process with training and the transfer of critical operational knowledge to its users. "We are delighted with our new business relationship with CipherSoft" said Mark Gorham, Vice President, HP OpenVMS Systems. "CipherSoft's innovative migration tool, ExodusTM will ensure our OpenVMS customers a smooth transition in their migration of Oracle Forms and PL/SQL to their new Web-enabled environment."

About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. For the fiscal year ending on Oct.31, 2003, HP revenue totaled $73.1 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com/. For information on OpenVMS, click on http://h71000.www7.hp.com/

About CipherSoft
CipherSoft Inc. is a leading software migration company in providing legacy application conversions, consulting, and implementation services to organizations globally. CipherSoft has built strategic alliances with multinational firms such as Oracle, HP, Sun and IBM. The company has also formed relationships through specialized global channel partners who have the expertise to provide clients true open system technology. CipherSoft's headquarters are located in Calgary, Canada with offices throughout the United States and Europe. More information is available at http://www.ciphersoftinc.com/ or by calling 403-256-5699.