Velocity Technology Solutions Acquires DigitalConcourse.com

(New York, NY, January 28, 2008) - Velocity Technology Solutions, Inc., a leader in enterprise software application management, hosting and consulting services, announced today that it has acquired DigitalConcourse.com, a leading provider of internet based business communities for the technology sector, including the markets of Lawson Software, Microsoft, and Cerner Healthcare.

DigitalConcourse.com is the leading independent digital community in the Lawson market with 16,000 members representing more than 2,000 businesses. Digital Concourse has been serving the Lawson market since 2003 and has the support and endorsement from the Lawson Global User Group, as well as 22 independent regional user groups. The Digital Concourse solution provides services for collaboration, event management, surveys, polls, portals, web sites, and marketing automation for the community and uses an advertisement model for revenue generation. Advertisers such as IBM, Microsoft, Ciber, ISH, and Velocity play a key role in supporting this important service for the customers of Lawson Software.

Online communities are now experiencing significant growth in membership and are attracting a greater share of advertising revenues from service providers that seek to connect with potential customers. The significant presence and credibility of Digital Concourse within the Lawson Software marketplace provides Velocity with a unique competitive advantage in communicating its message and value proposition to its target audience. It is also represents a highly effective vehicle for Velocity to introduce its services to new software product markets through the creation of Digital Concourse sponsored online communities and user group affiliations.

The company will continue to conduct operations under the Digital Concourse name and its founder, Eric Lopez, will remain in his role as president. The objective and independent manner in which Digital Concourse has served its customers has been integral to its success and will be preserved under this new ownership structure.

Velocity deploys and managers enterprise software solutions for businesses and organizations within major public and private sector industries throughout North America. Velocity's total solution provider capabilities, which include planning, project management, implementation, training, application management, hosting, and financing, have established it as the leading enterprise software managed services and consulting provider for the Lawson marketplace. The company's exclusive strategic alliance with Verizon Information Technologies enables support of virtually every technology platform and permits unprecedented flexibility in developing comprehensive and tailored solutions for clients including fully-managed application hosting, remote application management and disaster recovery services.

"We are very excited to welcome the customers and communities of Digital Concourse into the Velocity family," said Tom Bruno, President and CEO of Velocity. "The ability for enterprise software users to communicate through a digital community promotes a healthy eco-system of service providers and valuable center to exchange information. It also creates a unique opportunity for service provider companies to connect with potential clients."

"A formal relationship between Velocity and Digital Concourse complements both business models and represents significant synergy for our clients and prospective clients," adds Eric Lopez, President of Digital Concourse, Inc. "Velocity's resources and infrastructure will enable us to develop greater functionality for our members, scale our base significantly and expand into new software product markets."

About Velocity Technology Solutions
Velocity Technology Solutions, Inc. is a leader in providing enterprise software application management, hosting and consulting services. With more than 20 years of experience, Velocity provides IT solutions to service and product oriented sectors such as public services, healthcare, financial services, retail, food and beverage, fashion, manufacturing and distribution. Velocity is known for its trained and certified professionals, high-touch personalized services, risk mitigating approach, and focus on improving business operations. Velocity has pioneered a unique approach to software hosting which is focused on proactive client services and a world-class infrastructure provided through an exclusive relationship with Verizon Information Technologies. Please visit www.velocityus.com or call (866) 299-4998 for more information about Velocity.