Select Press Release

SAN DIEGO, CA, April 17, 2001 — Aonix, a member of the Gores Technology Group, announced today the purchase of the Select Product Family from Princeton Softech, a subsidiary of Computer Horizons Corporation (NASDAQ: CHRZ), including all of the software assets and intellectual property rights associated with the Select products. The acquisition positions Aonix as a market leader of component-based design, visual modeling, component management and process management products for enterprises developing and implementing business-critical software solutions.

“The acquisition of Princeton Softech’s Select product line will enable our customers to quickly and cost-effectively move into business driven, component-based, design and development,” said Ashley Abdo, president and CEO of Aonix. “Building new software solutions with up-to-date processes and tools are essential for companies that want to gain a competitive edge while reducing costs and generating new sources of revenue.”

The acquisition strategically positions Aonix to more comprehensively address three of the fastest growing market segments—object-oriented analysis, modeling, design and construction; component construction and assembly, and Web professional development tools. According to IDC, these segments are projected to grow more than 35 percent annually over the next four years. Aonix’s current Software through Pictures (StP) customer base as well as those customers requiring a “best practices” approach for lifecycle methodology and process will benefit from the increased functionality provided by Select products. The Select product line includes Select Process Director™ as well as Component Factory™ (comprised of Select Enterprise®, Reviewer for Select Enterprise™, JSync™, CSync™, VBSync™, ForteSync™ and Select Component Manager™) and Select SE™, plus reseller rights for Reviewer for Rational Rose™ and Process Director.

“This agreement is a great fit for Aonix, the product family’s customers and Princeton Softech,” said Lisa Cash, president and CEO of Princeton Softech. “Additionally, Princeton Softech can now focus all of its resources and efforts on our Relational Tools™ and Active Archive Solutions™.”

Aonix’s Visual Modeling solutions, comprised of the Software through Pictures/Architecture Component Development® (ACD) product family, provide customers with a best-in-class development environment. StP Millennium Edition launched last year, offers comprehensive UML® support while providing a powerful transformation technology with ACD. ACD provides up to 90 percent automatic code generation, significantly improving customers’ productivity and return on investment. In addition, StP’s repository-based architecture provides customers with the flexibility, scalability, and extensibility to support complex application development.

Aonix’s expanded Lifecycle Solutions Group will continue to support the needs of its customers in a wide range of industries including telecommunications, aerospace, automotive, and manufacturing as well as commercial-oriented industries such as financial services, banking and retail. Aonix’s continued commitment to its customer relationships will be evidenced through several StP and Select product releases this year.

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