August 2, 2004

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Dear Brian Robertson:

Congratulations! Ternary Software has been named to the 2004 Philadelphia 100^® as one of the fastest growing privately held firms in the Philadelphia region. The Philadelphia 100 is a project of the Wharton Small Business Development Center, the Entrepreneurs’ Forum of Greater Philadelphia, and the Philadelphia Business Journal. As a result of your impressive rate of growth from 2001 to 2003, your company was chosen from hundreds of nominations received for this honor.

To celebrate your achievement, the Sixteenth Annual Philadelphia 100 will take place on the evening of Wednesday, October 20, 2004. You will learn your company's rank at the Philadelphia 100 event. The October 22 edition of the Philadelphia Business Journal will recognize your company for this distinction. In addition, there will be a CEO breakfast to honor the winners for their inclusion on this prestigious list. More details will be forthcoming. A Philadelphia 100 liaison will be sending a packet of information to you in the near future and will follow-up with you shortly thereafter.

So we can learn more about your company and yourself, we will be e-mailing a Company Profile Questionnaire in the coming weeks. Please complete the survey by Friday, August 27.

We look forward to seeing you take your place among the 2004 Philadelphia 100. If you have any questions, please call 215-898-1062 or e-mail philly100@wharton.upenn.edu. Once again, congratulations!

Sincerely,

Philadelphia 100