Valogix LLC AND HOLBORNE FORM PARTNERSHIP TO BRING VALUE-BASED INVENTORY PLANNING AND OPTIMIZATION TO THE UK AND EUROPE

Saratoga Springs, NY, - January 24, 2005 - Valogix announced today that it has approved and named Holborne LTD of Reading, Berkshire in the UK as an authorized Premier Consulting Partner and Reseller for the UK and Europe. Valogix provides supply chain management solutions for finished goods and service parts inventory planning and optimization.

Valogix is working with selected channel partners to distribute and support their solutions around the world. "Professional, qualified resellers and consultants are one of the focal points of our business plan", according to Richard Vaccaro, President and CEO of Valogix. "Holborne brings a unique blend of business professionals with deep experience in both service parts and supply chain planning. Their strong commitment to and customer performance in delivering measurable value is a main reason for our selection."

Valogix's customer base is expanding rapidly as the need to lower costs and improve service to customers become the salient objectives of today's forward thinking companies. According to Tom Glacken, V.P. Sales and Marketing at Valogix, "Our product sells cross-industry and our customers represent Automotive, Aviation, High Tech, Office Equipment, Restaurant Equipment and Supplies, Specialty Material, and Wholesale Distribution markets. We are pleased to have Holborne Consulting join the Valogix team and we look forward to working with them in delivering solid customer value."

According to Amim Hasan, Managing Director and Founder of Holborne, "Companies today face tough competition and are instituting leading-edge processes and programs. The association with Valogix provides us with the enabling technology to help our customers drive sustained measurable value. Valogix solutions combined with our dedication and expertise provide the right tools at the right time."

About Holborne Ltd
Holborne is one of the leading management consultancies covering Aftermarket service and supply chain operations. Their mission is to bring clarity through business process simplification and innovation to create world-class operational performance with increased profitability. In today's ever-changing marketplace, their customers are being asked to do more with less.

Holborne Ltd
Little Grange, 4 Millington Close
Reading, Berks
RG2 7LR,England
Email: sales@holborneconsulting.com
Sales: +44 (0)1202 469 874
HQ: +44 (0)118 9311 550

For more information contact: Mr. Amim Hasan, Managing Director or visit the company web site at www.holborneconsulting.com.

All products mentioned in this release are trademarks or registered trademarks of their respective holders.