Tomoye

Tomoye Named One of 10 Web 2.0 Companies to Watch

New Study Highlights Companies with Promising Growth Prospects

Ottawa, ON - July 24, 2008 - Tomoye today announced that it has been named one of "10 Web 2.0 Companies to Watch" by leading IT market research and advisory firm, IDC. The new study (IDC #CA2TIW8) released this week profiles companies that IDC believes are worthy of highlighting to the broader industry and have the potential to make an impact in the information and communication technology (ICT) market. Tomoye was selected from a wide pool of Canadian companies tracked by IDC based on clarity of vision, existing and future partnership opportunities, customer sustainability and growth, competitive differentiation and go-to-market strategy.

Today's announcement builds on the company's recent launch of Tomoye Ecco 2.0 and its tight integration with Microsoft Office SharePoint Server 2007 as announced at the Enterprise 2.0 show in June.

"IDC's latest study highlights the wealth of promising Web 2.0 solutions and entrepreneurial endeavours across Canada," said Krista Collins, Analyst, Canadian IT Innovation and Export for IDC Canada. "Tomoye is positioned to deliver value, not only through its communities, which are designed to drive learning and collaboration across the enterprise, but through its services that can help customers through the Web 2.0 adoption stage, since many of them are still experimenting with these types of solutions and can benefit from best practices and strategies to launch and manage a collaborative learning environment successfully."

The study profiles each vendor in order to provide insight into their solutions, go-to-market strategies, partners, and customers. Lesson learned may provide a model for other emerging companies in the marketplace, and help larger vendors and investors identify partnership and investment opportunities.

"We are pleased to be recognized as one of the 10 Web 2.0 companies to watch," said Eric Sauve, CEO and Co-Founder, Tomoye. "The study reinforces our proven track record in this market and our best practices driven approach to delivering communities for social networking and collaboration. We are focused on building our products to meet emerging needs and working closely with our partners to ensure our solutions deliver true value to our customers."

For more information on the "10 Canadian Web 2.0 Companies to Watch" report, visit: http://www.idc.com/getdoc.jsp?containerId=CA2TIW8&_requestid=72155

About Tomoye

Tomoye, the Community of Practice Company, has focused exclusively on communities of practice since 1997. Tomoye communities are the engine for informal learning in the enterprise, bringing together proven techniques with innovative approaches to leveraging the insight of learners to help each other. Fostering informal learning through Tomoye communities delivers real business value — it increases productivity, creates competitive advantage and drives innovation. The community driven approach to informal learning is currently being used in leading organizations around the world including the Army, John Deere, Network Appliance, Jacobs Engineering, Bose, Lockheed Martin, the U.S. Internal Revenue Service, U.S. Department of Education, Canada School of the Public Service and UNESCO. . Tomoye is headquartered in Ottawa, Canada. For more information please visit: www.tomoye.com

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Corporate Contact:
Eric Sauve
(819) 246-9007
esauve@tomoye.com

Media Contact:
Maggie Patterson
(613) 989-1866
mpatterson@ripnet.com