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FOR IMMEDIATE RELEASE

ALACRA STREET PULSE NAMED SIIA CODiE SHOWCASE FAVORITE

Attendees vote Alacra Street Pulse as Favorite Application

Alacra Street Pulse, Alacra�s new service that aggregates and organizes news and blog content was voted Content Showcase Favorite at this year�s SIIA CODiE Awards.

The CODiE Finalists Showcase, held Monday, May 3rd during the SIIA Net Gain Conference in San Francisco, allows competing finalists to demonstrate their applications up for award consideration in each category. More than three dozen companies participated in the CODiE Showcase. Conference attendees are asked to vote for their favorite application at the Showcase and across all CODiE Content categories and finalists and Alacra Street Pulse was the chosen winner.

"Alacra Pulse is a new product for Alacra and it�s our first offering which uses the freemium business model,� said Alacra VP of Product Strategy, Barry Graubart. �To receive this recognition from our peers is a special honor."

"The 2008 CODiE Awards recognize those companies providing the best new technology products and services across a broad array of industries," noted SIIA President Ken Wasch. "The awards and their winners are a testament to the power of technology to deliver innovative solutions to American businesses and consumers. SIIA congratulates all of the CODiE Award winners and nominees, whose innovation is essential for continuing America�s leadership in the global knowledge economy."

Alacra Street Pulse (http://pulse.alacra.com), the first application on Alacra�s new Pulse Platform, aggregates content from both traditional media sources and a hand-selected group of blogs. The content is then run through Alacra�s proprietary semantic tagger, which extracts entities and events from the content. By aggregating comments from sell-side, credit and industry analysts, along with key bloggers, Street Pulse provides a single view into what�s being said by key opinion leaders about a company or industry.

About Alacra, Inc.
Alacra creates sophisticated online technology and services to help clients find, package and present business information. Financial institutions, professional service firms and other corporations have long used the same content sets to support clients, research deals and investigate market opportunities. The Alacra mission is to package this content and deliver it in a format that best meets each organization's precise needs. Worldwide, more than 600 investment and commercial banks, management consulting firms, law firms, and other corporations, representing 50,000+ end users worldwide, use Alacra to effectively find and deploy business information in their daily workflow. For more information, visit www.alacra.com.

About SIIA
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 800 leading software and information companies. For further information, visit www.siia.net.

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