CoreObjects Receives Project Management Institute's 'Excellence Award' for Diabetes Contribution

Recognition shared with customer Piramal Healthcare shows the value of quality project management protocols in bringing quality products quickly to market using an outsourced development team.

LOS ANGELES, March 12, 2010 - CoreObjects is proud to announce the achievement of the Project
Management Institute's (PMI) "Excellence Award" for their role in helping
launch a product that enhances the quality of life for patients suffering
from diabetes. CoreObjects and their customer Piramal Healthcare shared PMI's
"Project Management Excellence Award" for their management of the concept and
development of the HbA1c Blood Sugar Analysis device, designed for diabetes
patients. The device enhances patient access to critical disease monitoring,
eliminates patient fasting and submission of an oral glucose tolerance test
allowing physicians timely diagnoses and better patient management.

"We're honored PMI has chosen CoreObjects to share this prestigious
award. This is validation of the importance of our focus: World-class project
management and collaboration with our customers," said Fadi Chehade, CEO of
CoreObjects. Companies are looking to agile outside teams for outsourced
development help from companies, like CoreObjects, that can conceptualize,
develop and manage project resources and engineering cycles in both
organizations seamlessly with project management being the single most
important aspect to a successful engagement.

The "Excellence Award" CoreObjects received from the PMI is a coveted
award for project management. PMI's membership spans many industries and
includes 400,000 members in 170 countries. PMI, founded over 40 years ago,
has become the leading project management trade association in the world,
recognized and respected by many international associations - American
National Standards Institute, Institute of Electrical & Electronics Engineers
and The International Organization for Standardization. The fact CoreObjects
received this award solidifies the fact they are committed to excellence and
underlines their expertise to employ successful project management.

About CoreObjects Software Corporation:

CoreObjects(R) (www.coreobjects.com) is a software and embedded
product development service provider specializing in bringing commercially
deployable products to market. CoreObjects partners with both emerging and
established technology companies to help them achieve their budget and
specification goals for cutting-edge technology products. The products
deployed are used by hundreds of thousands of customers world-wide.

*(PHOTO: Send2Press.com/mediaboom/10-0311-coreobj_72dpi.jpg)

*(Caption: Feb. 14, 2010: CoreObjects representatives receiving the PMI
Excellence Award for Project Management.)

This release was issued on behalf of the above organization by
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Ryan Eggleston of 949 Web Presence Management, +1-949-216-6004, ryan.eggleston at 949inc.com, for CoreObjects