Press Release

GraphLogic, Inc. accepted into the Innovation Pipeline Accelerator Fast Track Program for 2008.

Branford, Connecticut - USA, May 1, 2008. GraphLogic, Inc. announced today that it has been accepted into the Innovation Pipeline Accelerator Fast Track Program for 2008. The Innovation Pipeline Accelerator maintains a database of Connecticut based companies. From within this database, the Fast Track Program selects a group of promising, high potential technology companies likely to achieve significant revenue growth in next 12 months. Fast Track provides these select few companies with extensive services and support on a priority basis. The 2008 Fast Track companies were honored at a special reception on April 29 and 30 at the law offices of Edwards Angell Palmer & Dodge, who has been a longstanding supporter of Connecticut start-up companies.

Companies chosen for the Fast Track Program are provided with a number of services, including a private web portal - Teamsite - which provides a direct connection to a network of other entrepreneurs, emerging companies, potential buyers and suppliers, investors, mentors, service providers and industry contacts. Fast Track companies can initiate service requests online through Teamsite, and can also use the platform to interact with other high tech Connecticut based entrepreneurs.

Fast Track membership includes a broad palette of services, including virtual incubator services, networking, and funding services. Fast Track members are offered the opportunity to work within Connecticut's incubator network, have access to live educational webinars and presentations geared to small business needs, and are provided with marketing and sales strategy training, which includes Elevator Pitch Production and webinar training.

Fast Track members also enjoy introductions to senior C-level executives and to potential partners and customers, and also have access to OneSource research services. Additionally, Fast Track members benefit from introductions to angel investors, venture capitalists, and key personnel in banking and government.

"We are delighted to have been selected as a 2008 Fast Track company," announced Dr. Steven Gold, PhD, GraphLogic Founder and CEO. "We look forward to utilizing the many benefits and services offered to assist us in this exciting year of growth. The Innovation Pipeline Accelerator is a wonderful resource for Connecticut based emerging technology companies, and we look forward to putting their vast knowledge and expertise to good use as we move forward."

"GraphLogic is one of fourteen technology companies - selected from among 450 small Connecticut based companies - that were inducted into the Fast Track Program, based on their promising, innovative technology," noted Liddy Karter, Innovation Pipeline Accelerator and Fast Track Program Director. "PointDragon is a sophisticated tool that has tremendous potential to change the way programming works in the future. We look forward to providing intensive support to all the Fast Track Companies and to accelerating their growth through the Connecticut Technology Council's Innovation Pipeline Accelerator Program."

GraphLogic's Laboratory Information Systems for the biotech and pharmaceutical industries have generated a lot of buzz from the life sciences community over the last several months; due to their inherent flexibility and robust capabilities. GraphLogic expects increased traction in 2008 as it builds and manages more large, enterprise size client projects. The expertise and support provided by the Fast Track program will assist GraphLogic in managing its growth and expansion. For more information about the Innovation Pipeline Accelerator and the Fast Track Program, go to www.ctipa.org. To learn more about how GraphLogic can provide flexible, cost saving software solutions for your business, go to www.graphlogic.com. To learn more about or register for GraphLogic's novel web-based integrated development environment, go to www.pointdragon.com. About GraphLogic, Inc.

GraphLogic Inc. hosts PointDragon, a web-based environment for developing and running internet applications. GraphLogic also uses PointDragon to create custom web-based turnkey solutions for clients in the life sciences, healthcare, academia, and other industries. GraphLogic's novel technology is particularly suited for data intense, high throughput, rapid growth production environments that require a high quality product and fast turnaround. GraphLogic customers see their applications come to life, over the web, as they are being built. GraphLogic custom applications are built for change, allowing clients to keep pace with changing business requirements.

About the Innovation Pipeline Accelerator

The IPA is for all CT companies with: sales under $10M, an innovative product and a scaleable business model. Once accepted into the Innovation Accelerator Pipeline, all candidates are provided with: Access to an interactive website that enables them to request services, communicate with an entrepreneurial community and track their progress, a secure corporate intranet for their exclusive use, connections with mentors and advisors with the intent of improving and accelerating the growth and success of these companies, and listing in a searchable public database that will be accessible to anyone looking for products or services from CT in a searchable public database that will be accessible to anyone looking for products or services from CT based companies. Companies may remain in the program as long as the program adds value to their business and the company continues down the path towards success. Some of the more advances IPA companies will be selected to receive extra assistance in the Fast Track Program that provides more personalized services.

About the Edwards Angell Palmer & Dodge FastTrack Program

Modeled after the best-of-breed examples from innovation centers, angel groups and incubators worldwide, the FastTrack program assista any Connecticut technology company with the potential to rapidly scale into market and financial leadership. FastTrack is funded by a grant from the Department of Economic and Community Development and sponsored by the law firm of Edwards Angell Palmer & Dodge, LLP.

Press Contact:

June Gold
GraphLogic Inc.
388 East Main St., Branford, CT 06405
203-488-1922 x 103
press@graphlogic.com