December 6, 2006

BIQ unequivocally denies the allegations made by Emptoris in its press release of December 5, 2006, and we are confident that we will prevail in the courts. Mr. Strovink and Mr. Paulson left Zeborg 46 months ago, well before its acquisition by Emptoris. No code was taken from Zeborg. BIQ was developed from scratch, with no use or reliance whatever on the Zeborg product; BIQ is written in a different computer language entirely; and no Zeborg trade secrets were utilized in its development.

BIQ intends to countersue aggressively, at the appropriate time, for abuse of process, malicious prosecution, and defamation.

We will continue to run our business as we have been, and we'll continue to introduce new and innovative spend analysis technology.