OpenSpan Announces Partnership with IQT

ATLANTA - August 29, 2011  - OpenSpan, Inc., provider of user process improvement software, today announced a strategic investment and technology development agreement with In-Q-Tel (IQT), the independent, strategic investment firm that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community. This partnership will advance OpenSpan's ability to deliver desktop integration for applications running on Windows desktops.

By simplifying user interfaces and automating manual processes performed on the desktop, OpenSpan significantly improves user productivity and effectiveness. OpenSpan integrates virtually any application, including mainframe green screen, Windows client-server, Java, or Web-based application, to turn processes that were multiple steps into 'one and done' tasks.

"OpenSpan's solution quickly improves efficiency and productivity by automating manual tasks and eliminating repetitive actions such as cutting and pasting of data between multiple applications," said William Strecker, Executive Vice President and CTO at IQT. "Our strategic investment will help accelerate the availability of OpenSpan's technology for our Intelligence Community customers."

"We are delighted to work with IQT," said Eric Musser, CEO of OpenSpan. "Our partnership has allowed us to expand our portfolio of supported applications and increases the market awareness for our products."

Specific terms of the agreement were not disclosed.

About OpenSpan
OpenSpan software increases the productivity and effectiveness of computer users by simplifying interfaces and automating manual processes within a single complex application and across multiple disparate systems. Implementing these user process improvements can reduce frontline and back-office operational costs, enhance customer experience and boost employee retention. OpenSpan's unique technology offers the fastest means to implementing such enhancements, delivering within days the first phase in a cycle of continuous user process improvement. Based in Alpharetta, Georgia, OpenSpan has improved customer experience and driven down costs for some of the world's largest insurers, financial services companies and telecommunications providers. For information on OpenSpan, Inc. and its offerings visit www.openspan.com.

About IQT
In-Q-Tel is the not-for-profit, strategic investment firm that works to identify, adapt, and deliver innovative technology solutions to support the missions of the U.S. Intelligence Community. Launched in 1999 as a private, independent organization, IQT's mission is to identify and partner with companies developing cutting-edge technologies that serve the national security interests of the United States. Working from an evolving strategic blueprint defining the Intelligence Community's critical technology needs, IQT engages with entrepreneurs, startups, researchers, and investors to deliver technologies that provide superior capabilities for the CIA and broader Intelligence Community. For more information, visit www.iqt.org.

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