Expesite Acquires Report Hawk to Seize New Market Opportunities

COLUMBUS, OH, Apr 29 (MARKET WIRE) --
Expesite, an industry leader in providing online program management
solutions to the retail real estate and construction industry, has today
announced the acquisition of Report Hawk, a leader in project management
and reporting solutions that serve the contractor, subcontractor and
construction vendor markets. Expesite's acquisition of Report Hawk has
positioned the company to gain share in a construction / real estate
market that includes an estimated 800,000 general and specialty trade
contractors -- as well as nearly 130,000 architects. By vertically
integrating the two SaaS (Software as a Service) offerings, Expesite's
solutions portfolio now spans from the largest retail owners to the
smallest vendors/contractors -- and everything in between.

Jeff Sopp, CEO of Expesite, sees incredible potential for both new and
existing customers. "Report Hawk has done a wonderful job of creating a
company focused on the customer with a technology solution that helps
contractors and suppliers better communicate with their globally
recognized clients. Report Hawk is a great strategic asset to Expesite."
Sopp also announced that Brian Gunnoe will continue to lead Report Hawk
as President.

Gunnoe, a 12-year veteran of the retail construction industry, is excited
by the opportunity to strengthen Report Hawk's brand and offer clients an
upgrade path to Expesite's flagship product. "The synergy between Expesite
and Report Hawk is astonishing," exclaims Gunnoe. "Together with Expesite,
we now have the ability to offer a range of solutions that is as wide as
it is deep -- whether it's helping a small contractor deliver weekly
status reports on a single project or enabling a multi-billion dollar
global retailer to manage all of its real estate and construction
programs from end-to-end."

In December of last year, Expesite posted its strongest quarter in the
company's 10-year history and closed 2008 with strong growth over the
prior year. In addition, the company maintained its standing among Inc.
5000's fastest growing companies in the U.S. for the second year in a
row. The company's financial health has made it well-positioned to invest
in technologies that extend its reach into all facets of the construction
industry.

Report Hawk will operate as its own subsidiary, but plans to relocate all
of its employees to Expesite's headquarters in Columbus, Ohio later this
month. The move is designed to foster collaboration and create
efficiencies across the two companies by using a shared services model for
ongoing sales, operational and development support.

Sopp adds, "We've spent the last decade investing in a software platform
and client support infrastructure that is second to none -- and we're
excited to be able to offer Report Hawk's customers the benefits of those
investments."

About Expesite:

Founded in 1999, Expesite is a privately held company headquartered in
Columbus, Ohio. Expesite provides a secure project management application
for multi-unit construction and real estate development. Over $6 billion
in real estate activity moves through the Expesite system. Expesite
fosters lasting relationships with some of the world's largest retailers,
chain restaurants, banks and commercial real estate developers.
Considered a world-class leader in program and project management,
Expesite streamlines communication and accelerates project delivery. To
learn more about Expesite products and services visit their web site at
www.expesite.com.

About Report Hawk:

Founded in 2005, Report Hawk is an affordable pay-as-you-go web-based,
collaborative project management tool for contractors, architects and
construction managers. The system allows users to track construction
projects from pre-construction through warranty stages. Report Hawk
enables 24/7 communication with project teams and streamlines the
building process to reduce costly errors, increase profits and deliver an
exceptional user experience defined as "pure awesomeness." Report Hawk is
a subsidiary of Expesite and is headquartered in Columbus, OH. The
company supports projects throughout the United States and Canada. For
more information please visit www.reporthawk.com.

Contact:
Kristin Fornal
(614) 324-5518
Email: Email Contact

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