The CodePlex Foundation Rebrands, Renamed Outercurve Foundation

Name change punctuates a year of challenges and accomplishments

WAKEFIELD, Massachusetts, September 28, 2010 - The CodePlex Foundation, the open source foundation launched with support
from Microsoft in 2009, today announced it has rebranded and adopted a new
name: the Outercurve Foundation.

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The branding, undertaken to reduce confusion and differentiate the not
for profit foundation from the Microsoft owned and operated forge
CodePlex.com, comes a year after the foundation's launch. In that time the
foundation has developed a governance model, hired executive and technical
management and elected an independent Board of Directors. Additionally the
foundation created a project acceptance and management process that enables
it to accept and support contributed open source projects — six projects
have been accepted to date.

The foundation groups related projects using a gallery metaphor and
established two galleries in its first year, the ASP.NET Open Source Gallery
and the Systems Infrastructure and Integration Gallery. The galleries house
open source projects, ranging from libraries to speed ASP.NET development to
package management systems to projects that analyze network protocol traffic
in heterogeneous environments.

"We accomplished a great deal in our first year and have been successful
engaging with the FOSS community and corporate and independent developers,"
said Paula Hunter, Executive Director, Outercurve Foundation. "The name
'Outercurve Foundation' speaks to our ambition to be a foundation on the
leading edge of the open source world, representing the interests of the
growing audience of developers and corporations engaging with the traditional
FOSS community."

"Open source development is becoming a mainstream IT strategy, but IT
departments are looking for a model to turn that strategy into reality," said
Sam Ramji, President of the Board of Directors, Outercurve Foundation. "The
foundation's new name will increase recognition of its independence and
reinforce its position as a participant and influencer in the FOSS and
corporate development communities."

About The Outercurve Foundation

The Outercurve Foundation is a not-for-profit foundation created as a
forum in which open source communities and the software development community
can come together with the shared goal of increasing participation in open
source community projects. For more information about the Outercurve
Foundation contact info@outercurve.org.

Ann Dalrymple for The Outercurve Foundation, +1-781-404-2432, adalrymple at topazpartners.com