Press Release – June 29, 2007

Evolphin Software Launches.

Dublin, CA - June 29, 2007

Evolphin Software announced today that it will focus on Digital Asset Versioning and Workflow Management solutions. "Designers, creative professionals, software developers and large companies employing them are being deluged by binary and text based digital assets. Existing solutions just don't offer the performance & feature set, the current generation of professionals need," said the founders of Evolphin Software.

The company has attracted a host of top notch software researchers, who will train their energies on solving the key problems underlying today's solutions. The multinational team with offices in India and US will not be looking for incremental gains but will strive to revolutionize the space.

Sparked by the ongoing explosion of audio, video, photos and text being generated in or converted to digital formats, the global market for digital asset management (DAM) solutions – software intended to capture, organize, store and distribute an organization’s digital content – is expected to cross the $1 billion mark in 2013.

Several industry surveys have revealed a strong need for merging traditional software source code management tools with multimedia oriented digital asset management solutions, as companies around the world start to incorporate multimedia assets as an integral part of their software development efforts.

The company will ensure its solutions improve operational efficiency and demonstrate a clear return on investment (ROI). Falling storage costs and ever-increasing bandwidth also mean that digital assets can be moved around with ease, and this capability too demands a powerful new breed of management tools.