Press Release

FOR IMMEDIATE RELEASE

PENDULUM, INC. CHOOSES PHOENIX, ARIZONA FOR FIRST EXPANSION OFFICE

Richmond, VA, April 22, 2008

Local I.T. company Pendulum, Inc. officially opens its first expansion office in Phoenix, Arizona. A continued market need for quality database and website solutions spurred Pendulum to expand into this area.

The new office will be directed by long-time Pendulum employee Jeff Boghosian. He is looking forward to continuing the solid reputation Pendulum has earned in the Richmond, Virginia area by providing world-class innovation and data problem solving to a brand new array of clients and I.T. partners.

The Phoenix, Arizona metropolitan area is a burgeoning area of business innovation that includes the cities of Phoenix, Scottsdale, Mesa, and Tempe, among others. Serving as the capital of Arizona, it is the 13th largest MSA in the United States, and is the largest city in the Mountain Time Zone. It earned a #2 ranking by Inc magazine in its list of Best Large Cities to Do Business in 2007. All of these factors, among others, make Phoenix the perfect location for Pendulum to open up its first expansion office. The opportunities for business and collaboration are tremendous.

For more information, please contact Pendulum, Inc.: Mike Ogilvie in Richmond at 804-502-4637 or mogilvie@PendulumSolutions.com,
or Jeff Boghosian in Phoenix at 602-828-1773 or jboghosian@PendulumSolutions.com.

About Pendulum, Inc.: Pendulum is an innovative computer solutions company that builds custom applications to solve business data problems, simplify complicated tasks, and enhance business offerings. Specializing in Microsoft technologies such as .NET and SQL Server, Pendulum has provided its proven solutions-development process to businesses since 2003. In addition to traditional solutions, Pendulum also offers solutions in the realm of artificial intelligence through advanced genetic algorithms applied to everyday business questions. It also created Ignite Speed Networking as its first stand-alone software offering, which allows networking organizations to facilitate a unique structured networking program.

For Release 9 a.m. EDT, April 15, 2008