Press-sense Gets Court Appointed Supervisor as Investors Cease Support

OR AKIVA, ISRAEL—March 9th, 2010—Press-sense confirmed today that its two major investors, Vertex and Evergreen, have ceased investing in the company. Plenus, an investment lending fund that loaned Press-sense $5 million in 2008, has petitioned to have an Officer of the Court appointed to direct the company going forward. The Israeli court has appointed Adv. Paz Rimer to supervise and direct the company. Rimer has, in turn, appointed a management team—led by Amir Shaked, the current CEO—to continue operations.