Paragon Solutions Signs a Technology Partnership Agreement with Xceligent

Paragon to Provide Xceligent with a Dedicated Development Team.

Atlanta, Georgia, November 19, 2002 -- Paragon Solutions, Inc., a U.S.-based provider of development process consulting, application development, maintenance and reengineering services, using onshore and offshore resources, has signed a technology partnership agreement with Xceligent. Xceligent provides locally driven exchange and research solutions that improve the quality of market information available to all commercial real estate professionals.

    Paragon will provide Xceligent with a long-term, dedicated software development team, comprised of onshore and offshore resources that will work closely with their existing development organization.

    We chose Paragon as a development partner because of their in-depth experience building software applications and because of their emphasis on development methodology," says Bill Love, Chairman for Xceligent. Paragons use of onshore and offshore resources blends well with our existing team and enables us to bring our products to market quickly."

    We are eager to team with Xceligents development organization and to expand their product development capacity," says Tom Underwood, President and CEO of Paragon Solutions. Our resources and methodology, coupled with their expertise in the commercial real estate market, form the basis for a long-term relationship."

About Xceligent

Xceligents mission is to provide balanced, locally driven exchange and research solutions that improve the quality of market information available to all commercial real estate professionals. These solutions are designed to reduce the amount of time and money spent collecting, maintaining and distributing property data and eliminate unnecessary, duplicated research efforts. Xceligent customizes research services to ensure the long-term success of local exchanges and to meet each market's unique needs. For more information about Xceligent, visit their website at www.Xceligent.com.

About Paragon Solutions

Paragon Solutions, Inc. is a U.S. company and a leader in providing onshore/offshore software development, development process consulting, application maintenance, reengineering and quality assurance services to premier organizations worldwide. Paragon, headquartered in Atlanta, Georgia, has two wholly-owned development centers - one in Bangalore, India and one in Ho Chi Minh City, Vietnam. Paragons experienced personnel work on site with organizations to define requirements, design software solutions and coordinate the activities of the offshore development teams. Through a combination of qualified resources, a sound development methodology and a wide domain of technical expertise, Paragon delivers high-quality products at significantly reduced rates. Paragons business plan is simple: to provide organizations with onshore quality at offshore value. Paragon has the ability to deliver low-cost outsourcing teams for short- and long-term development projects. For more information, visit our website at www.paragonsolutions.com.