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Tetragon acquires Intercomm line of business from Isogon

Syosset, NY, June 28, 2005 – Tetragon LLC announced today that it has finalized arrangements with Isogon to acquire the Intercomm business, including all current maintenance agreements, license agreements, and intellectual property. Tetragon will immediately assume all responsibilities for supporting the customer base, and maintaining and improving the product.

Many of the world’s largest organizations are Intercomm licensees, and rely on Intercomm, as they have for decades, as a critical component of their online processing. Intercomm efficiently processes many billions of transactions each year. According to Robert Barritz, Tetragon’s President, “Tetragon’s acquisition of the Intercomm business assures existing licensees of having access to the vital maintenance services they need to support their key workload, now and into the future.”

Mr. Barritz has a long history with Intercomm, having been one of the original developers of the product in 1970, when it was owned by PMI. Mr. Barritz was later Director of Development for PMI, before leaving to found his own firm. In 1983, Isogon Corporation, with Mr. Barritz at the helm as President and CEO, acquired Intercomm from the then-owner, SDA. Said Mr. Barritz, “Tetragon’s present acquisition of Intercomm is a personal full-circle. I’m particularly pleased that a product that I worked so hard on in the past will be assured of a healthy, active future.”