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Press Releases 2003
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Emagia announces opening of new regional offices


Leading cash flow management software company opens new regional offices in response to growing customer base and increased market traction


Santa Clara, Calif. July 15, 2003 - Emagia, the leading provider of Cash Flow Management software solutions, announced today that in order to better service its growing customer base, it would be opening new offices in Chicago, Dallas, and New Jersey. These new locations have been strategically located to extend Emagia's coverage from the West Coast to additional regions of the country.

"As we endeavor to extend our leadership position in our market, we have decided to establish regional offices around the country," said Mike Backlund, chief executive officer of Emagia.

"We believe that our new regional offices will allow us to extend our reach to key market leaders in those areas of the country. This expansion is in alignment with our business strategy of closely partnering with our customers for their success. We feel that having a local presence will allow us to continue to be in tune with regional market needs and to build close relationships with our customers," added Backlund.

Emagia's roster of customers spans across the country and includes many Fortune 2000 companies including Solectron, Celestica, Zebra, Syngenta, Atofina Chemicals, Xilinx, Network Associates, Leiner Health Products, Hyperion and Volt Information Services. Emagia's products help customers streamline cash flow processes and optimize working capital.

About Emagia
Emagia Corporation is a privately held company that provides cash flow management software solutions that streamline and automate cash flow processes for medium-to-large enterprises. Emagia's solutions allow companies to maximize cash conversion efficiency, improve returns from cash flow management and facilite strong internal controls for financial reporting. Headquartered in Santa Clara, Calif., Emagia's products integrate with SAP, Oracle, BaaN, PeopleSoft, other leading back-office financial systems as well as many legacy systems.

For additional information please got to www.emagia.com

Contact Information
Media contact: Lou Mohanty, Emagia Corporation, (408) 492-8886.
For general information, call 866-EMAGIA-1.

Emagia is a registered trademark of Emagia Corporation.
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