Najdorf Capital--Technology's Investment Bank Invests in TasmanAve, Inc.

Security-Focused Venture Capital Firm Broadens Portfolio to Include SOA-focused TasmanAve, Inc.

San Jose, California, November 11, 2005 -- TasmanAve, Inc., today announced that Najdorf Capital has invested an undisclosed amount in the company. TasmanAve, Inc., which has been self sufficient until now, intends to invest the funds in broadening its operations and marketing endeavors.

Najdorf Capital founder Chad Salinas said, "Najdorf has been looking to augment its security-related investments with a technology that is both high-touch and spans the enterprise; SOA is the new security.  Najdorf sought out the thought leaders in SOA and found Naresh Apte and his team TasmanAve.  Not only are they published authors in the space, they have run a cash-flow positive SOA firm.  TasmanAve rounds out our portfolio quite well, we wanted to be part of the SOA action and TasmanAve has both the technology and industry leadership. Having evaluated many SOA-related companies, we are extremely confident in the market position and viability TasmanAve has achieved and will continue to grow. It was a perfect match for us both."

“Given today’s market conditions, Najdorf’s investment is a strong endorsement of our leadership and expertise” said Naresh Apte, Founder and CEO of TasmanAve, Inc. "While TasmanAve has been self sufficient since inception, additional capital is now crucial to grow and expand in order to achieve the next level of success. The investment by Najdorf will provide the momentum we need to mature and grow."

About TasmanAve, Inc.

TasmanAve, Inc. (www.tasmanave.com) is dedicated to providing strategic and implementation consulting services at the intersection where interoperability, process integration, and SOA technologies meet. TasmanAve strives to make its customers successful in their journey to become more agile and interoperable with its team experienced in architecting, developing, and sustaining mission critical solutions. TasmanAve delivers to this vision in several enterprise application areas such as Business-to-Business (B2B), Enterprise Application Integration (EAI), and Service portal solutions. For more information about TasmanAve, visit our Web site at www.tasmanave.com.

About Najdorf Capital

Najdorf Capital (www.najdorf.com) is an early stage venture capital firm focusing on enterprise software and services firms.  Najdorf is actively seeking Series ‘A’ private equity investments in Silicon Valley and New York to augment its existing portfolio of security firms.

Press Contacts:

press@tasmanave.com
(408) 414-5968

info@najdorf.com
(415) 978-9570