Transitive Corporation Selected for Investors' Choice Award at Datacenter Ventures Conference

Los Gatos, Calif. – September 27, 2004 – Transitive Corporation, the leading provider of software that enables transportability of applications across multiple processor and operating system pairs, today announced that it has been named an Investors' Choice winner by VentureWire at last week’s Datacenter Ventures Conference. The Investors’ Choice award is given to the ten companies presenting at Datacenter Ventures that are judged most likely to succeed. VentureWire, which produced Datacenter Ventures, is part of Dow Jones Newswires unit.

"Transitive is grateful for this prestigious recognition by VentureWire,” said Bob Wiederhold, President and CEO of Transitive. “The selection signifies that both our technology and business model are well-aligned with a genuine market need, validating the opportunity to provide a new class of technology to the computing market.”

“The Investors' Choice winners show strong potential to take advantage of emerging opportunities in the corporate datacenter market,” said Richard A. Shaffer, Editor-in-Chief, VentureWire.

Transitive’s software technology allows other application software that has been compiled for one processor/operating system to be run on another processor/operating system without any source code or binary changes. Transitive recently announced its QuickTransit® product line and expects to announce customer successes by the end of 2004.

About Transitive Corporation

Transitive Corporation is a pioneer and leader in providing solutions that allow the transportability of software applications across multiple hardware platforms. The company’s hardware virtualization technology allows software applications that have been compiled for one processor/operating system to run on another without any source code or binary changes and at speeds comparable to native ports. The technology dramatically reduces software developers’ cost, risk, and time-to-market of supporting multiple hardware platforms, facilitates OEM customers’ migration to new platforms, and makes significantly more software available on hardware platforms. Transitive Corporation is located in Los Gatos, California with a research and development team in Manchester, England. The company is privately held, with funding participation by Pond Venture Partners Ltd., Manchester Technology Fund, Crescendo Ventures and Accel Partners. For more information, please visit Transitive’s website at http://www.transitive.com

Transitive, QuickTransit and the Transitive logo are registered trademarks of Transitive Corporation and/or its affiliates in the United States and other countries. All other company and product names may be trademarks of their respective owners.