OATSystems Named One of “Top 10 Start-Ups to Watch” By Network World Magazine

WALTHAM, Mass. – April 25, 2005 – OATSystems®, Inc., the recognized RFID framework leader, today announced that it has been chosen as one of the Top Ten Start Ups to Watch according to Network World Magazine.

Since 1998, Network World has selected the “Top Ten Start-Ups to Watch” in conjunction with the Network World 200, a list of the biggest network companies in North America, based on revenue. The Top Ten Start-Ups to Watch are those that have been formed in roughly the last 1-3 years and are typically operating off of venture or private funding, or if far enough advanced, early customer revenue.

An esteemed panel of judges rated companies based on a number of factors including technology, potential market opportunity, founders, executive team, and funding.

“We like OATSystems for its efforts to find a use for RFID-generated data in enterprise networks,” said Beth Schultz, editor, Network World's Signature Series. “As an `oldtimer' in the nascent enterprise market, the company has been able to secure marquee
customers before competitors got their acts together.”

Companies such as Akamai Technologies, Arbor Networks, Foundry Networks, Inktomi, Red Hat Software, and Top Layer Networks have made the Network World Top 10 Start-Ups to Watch list in the past few years.

“Network World editors have a history of identifying companies that have the right product at the right time with the right management team in place to succeed,” said Marc Osofsky, vice president of marketing and product management. “We’re honored to be recognized for excelling in these areas as we lead the market with software solutions that empowers businesses to achieve competitive advantage from RFID.”

Details of the award can be found at www.nwfusion.com/nw200/2005.

About OAT

OATSystems, Inc. is the recognized RFID framework leader with software that empowers businesses to achieve competitive advantage from radio-frequency identification (RFID). As pioneers in the development of RFID technology, OAT has been setting the standard in RFID for over half a decade and is responsible for industry firsts that include the largest scale and largest scope of deployments, as well as the most innovative approaches to providing enterprise-wide RFID solutions. OAT’s multinational
client base, which includes companies such as Hewlett-Packard and Gillette, consists of over 50 customers in retail, CPG, consumer electronics, manufacturing, life sciences, aerospace and defense. Headquartered in Waltham, MA, OAT has offices in Chicago,
London and Bangalore and is on the Web at www.oatsystems.com.