Excedent Technologies' Third Quarter 2004 Financial Results Demonstrate Company's Strength

Email Hosting Leader Reports 162% Quarterly Revenue Growth Over Q3 2003

BLACKSBURG, Va. - (OCTOBER 25, 2004) - Excedent Technologies, the proven provider of email hosting solutions for small businesses, today issued its third quarter 2004 results, demonstrating the company's growing strength and industry leadership. Excedent grew revenues 162% in the third quarter, compared to the same time last year. Third quarter expansion is primarily attributed to sales increases at its Webmail.us subsidiary, and the addition of several private label resellers serving a wide variety of industry segments.

More than 3,500 businesses use Excedent's managed email hosting services for secure and reliable email. The company provides email hosting solutions directly to small businesses and allows its private label reseller partners to attract and retain customers with email hosting focused on serving the small business community. The company works with service providers to deploy its hosted email system across various industry segments including automotive retailers, franchises, direct sellers, financial service companies and real estate agencies, among others.

Excedent's hosted email platform and Outlook-style webmail interface provides small businesses with a powerful alternative to enterprise email software packages, in addition to integrated security and anti-spam protection - all for a fraction of the cost of purchasing and managing the solution in-house. The email-hosting platform is housed in carrier-grade data centers, to ensure maximum uptime. Excedent also goes to great lengths to ensure its customers' privacy - promising not to sell customer data or advertise to them - key reasons for being awarded the TRUSTe privacy seal.

"We are very pleased with our performance over the past three months. We experienced another quarter of significant revenue growth, adding more than 1,000 customers and several private label reseller partners," said Patrick Mathews, CEO at Excedent Technologies. "We also made great strides on the product development front, furthering our position as an outstanding alternative to complex email software packages that small businesses have traditionally needed to manage in-house. We now provide email hosting solutions to more than 3,500 small businesses worldwide and our continuous advancements will help to facilitate growth moving forward."

About Excedent Technologies
Excedent Technologies is the proven provider of email hosting solutions for small businesses. The company equips small businesses with enterprise class email hosting based on scalable, open-source software applications. Excedent delivers email hosting solutions through a growing channel of private-label reseller partners, as well as reaching small businesses directly through its Webmail.us subsidiary. Founded in 1999, Excedent is a privately held company serving more than 3,500 businesses worldwide.

For more information please visit us at www.excedent.com.