Excedent Reports Quarterly Revenue Growth of 164%

Email Hosting Company Reports Significant Growth Over Q1 2003

Vienna, Virginia (April 22, 2004) - Excedent Technologies, the leading provider of managed email hosting with integrated security threat prevention, today announced significant revenue growth in the first quarter of 2004. The company grew revenues 164% in the first quarter, compared to the same time last year. Growth is attributed to new customer acquisition primarily in the small business segment, as well as the expansion of several reseller and channel partner relationships.

"We are really beginning to see a tremendous increase in the number of businesses seeking enterprise-class, outsourced email hosting from reliable vendors," commented Patrick Matthews, CEO of Excedent Technologies. "Our revenues are up sharply, both from Webmail.us small business sales as well the addition of new partners and the growth of existing ones. We have really established ourselves as a major player in the hosted email industry and the company is poised for continued market penetration moving forward."

The company also plans several product enhancements throughout the year, especially related to its Webmail application and security threat prevention tools. "As we grow stronger we will continue to position our email hosting and Webmail services as superior alternatives to the traditional in-house software approach," explained Matthews. "We believe the market is ready to embrace the imminent shift from email as a in-house software application to an outsourced, fully-managed, Web-based service."

About Webmail.us
Webmail.us was created to help small businesses provide safe and secure company-wide email systems to their employees. The company provides businesses with email accounts protected from computer viruses, junk email, denial of service attacks and other security threats facing corporate email systems. The goal of Webmail.us is to provide small businesses with enterprise-class email hosting at affordable rates while eliminating the need to purchase email-related hardware, software and security services. Webmail.us is a wholly owned subsidiary of Excedent Technologies, a global leader in business email hosting solutions.

About Excedent Technologies
Excedent Technologies is the leader in managed email hosting and security threat prevention for service providers. The company equips service providers and their small business customers with reliable Spam-filtered and virus-free email. Excedent manages and maintains this critical communications infrastructure, freeing up valuable personnel resources and eliminating the need for customers to purchase email-related software, hardware or additional bandwidth. The company is privately held and serves more than 2,000 customers worldwide. For more information on small business email hosting plans, please visit www.webmail.us. For more information on service provider and enterprise email solutions, please visit www.excedent.com or call 866.EXCEDENT (392.3336).