Iteration2 Continues Expansion Plan through New Strategic Partnership with Watermark in Europe, Middle East, and Africa

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Leading international Microsoft solution provider joins forces with Iteration2 to extend Field Services for Microsoft Dynamics™ AX services in EMEA.

Iteration2 (http://www.iteration2.com), the fastest growing Microsoft Dynamics Gold Certified Partner, 2005 and 2006 US Microsoft Business Solutions Partner of the Year, will join forces with Watermark, an international solution provider to provide clients with extended implementation and support services in countries around the world. Watermark an international Microsoft Gold Certified solution partner and 2004 EMEA Microsoft Partner of the Year specializes in the implementation of solutions built on Microsoft Dynamics™ products with a major focus on ERP software solutions, Dynamics CRM, supply chain management, and business intelligence.

Watermark, headquartered in Veenendaal, The Netherlands, provides services in Industrial Equipment and Manufacturing, Construction & Contractor Engineering, Wholesale and Distribution, Professional Services Industries and Application Consolidation (http://www.watermark.eu). They have twenty-one offices in nine European countries and customers with revenues ranging from € 20M to € 750M and are perfectly positioned to deliver the Field Services for Dynamics AX solution to their customers.

“We believe that Microsoft’s industry strategy is the best way to provide medium sized companies affordable and effective industry specific solutions” says Kees van Musscher, Chief Commercial Officer of Watermark. Under this newly formed Strategic Partnership with Iteration2 Watermark will implement and support their Industry Builder solution, Field Services for Microsoft Dynamics AX into Europe, Middle East, and Africa.

Mike Gillis, President, Iteration2 explains, “The decision to partner with Watermark is a significant testament to the increased demand of our Field Services for Microsoft Dynamics™ AX solution. Our combined commitment to Microsoft Dynamics™ products and concentration of similar vertical industries will provide an infinite range of possibilities for our partnership. As a fellow Microsoft Industry Builder Initiative (IBI) partner Watermark has deep industry experience with over 1200 ERP projects to date. Our partnership will offer local and global customers solid solutions based on industry experience and proven implementation methodology.”

About Iteration2

Iteration2 provides its clients with a superior enterprise software implementation experience at an attractive price. Combined with Microsoft’s integrated technology stack and unsurpassed financial strength, this provides a growth platform for today and tomorrow. Iteration2 is a Microsoft Gold Certified Partner, a leading provider of Microsoft Dynamics AX (formerly Microsoft Axapta), the 2005 US MBS Partner of the Year, and recently announced 2006 US MBS Partner of the Year.

Iteration2’s vertical industry expertise, enterprise software industry domain experience, and exceptional technical skills with Microsoft technologies provide its clients with clear strategic business advantage. Iteration2 is based in Irvine, CA and has sales offices in strategic locations throughout the United States and partners worldwide. Please visit the company’s website at http://www.iteration2.com.

For more information:

Greg Sad,

Marketing Director

Iteration2

(949) 789-1020

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Greg Sad