SECOND FOUNDATION, INC ANNOUNCES MAJOR EXPANSION IN EUROPE

MENLO PARK, CA., April 15, 2005 , Second Foundation, Inc. has launched a rapid, large scale expansion in Europe with the formation of SecF UK LLP in Liverpool, UK and Second Foundation Europe sro in Prague, Czech Republic.

In Europe, the company expects significant growth in the Business Intelligence aspect of its portfolio of services. The company has established an aggressive plan for the large scale hiring of EU nationals - the current projection for Europe is expected to be more than 250 people in a year's time.

"Second Foundation brings to Europe, its tested and successful model of global delivery with a seamless customer interface and a flexible business model." said Ravi Grewal, Executive Vice President - Sales, of Second Foundation. "We have already acquired some big name customers and projects are under way in UK, Czech Republic, France and Norway."

About Second Foundation

Second Foundation, a global software services company, specializes in Business Intelligence, Software Security, and Web Services solutions. Our customers reap the benefit of Second Foundation's domain expertise and global presence in the form of solutions that are delivered better, faster and with significant cost savings.

Headquartered in Menlo Park, California, Second Foundation enjoys a significant nationwide and international presence. The company has branch offices in New Jersey, Chicago and Arizona and development centers / sales offices in Chandigarh (India), Liverpool (UK) and Prague (Czech Republic).

Second Foundation's customers include Fortune 500 companies like Sun Microsystems, Oracle, Cisco, IBM, DHL and leading mid-tier companies / startups like WorkStream and Counterpane. For more information, contact Second Foundation @ 650 980 3330, or visit our Web site at www.secf.com.

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