Adapx Secures Strategic Investment From In-Q-Tel

SEATTLE, WA, Jul 14 (MARKET WIRE) --
Adapx (www.adapx.com), the company that is changing the way teams
collaborate and collect data in the field, today announced a strategic
investment from In-Q-Tel, the independent strategic investment firm that
identifies innovative technology solutions to support the missions of the
Central Intelligence Agency (CIA) and the broader Intelligence Community
(IC). Adapx will use the additional capital to further enhance and market
its Capturx(TM) software solutions for digital pen and paper, to meet the
growing need for a better field data management solution in the mapping,
design, forms, and note-taking markets.

"Every year, we review hundreds of innovative solutions but select only a
small percentage with the superior capabilities that can best serve the
critical technology needs of the U.S. Intelligence Community," said Troy
M. Pearsall, Executive Vice President of Technology Practices and
Insertion at In-Q-Tel. "Adapx's technology dramatically improves the way
in which organizations streamline field data collection and
dissemination."

Capturx(TM): Turning Ink into Action

The Capturx(TM) product line is used by a broad range of industries and
agencies to speed and improve field data collection. As portable and
easy-to-use as pen and paper, Capturx(TM) can be used where rugged laptops
and PDAs aren't practical -- at a fraction of the total cost. Using normal
paper and ink, the digital pen digitizes and stores notes, sketches, and
data collected in forms, notebooks, maps and designs. Once the digital pen
is connected to the PC, data is instantly available for sharing with
colleagues through leading software applications from Microsoft, ESRI, and
Autodesk.

The Capturx(TM) product line includes the following three solutions:

-- Capturx(TM) for Microsoft Office OneNote automatically converts field
notes written on paper into digital data in Microsoft Office.
-- Capturx(TM) for Autodesk Design Review digitally enables mark ups,
annotations and redlines from paper versions of DWF drawings directly into
AutoCAD and other Autodesk applications.
-- Capturx(TM) for ArcGIS enables annotations and new features on paper
maps and automatically integrated into the leading GIS solution.

"This agreement with In-Q-Tel and our addition to their prestigious
portfolio of technology companies will provide public sector agencies with
easier access to Capturx(TM) solutions," said Ken Schneider, CEO of Adapx.
"Our strategic partnership with In-Q-Tel further validates the competitive
advantages Capturx(TM) offers in terms of productivity, speed, and
informed decision-making -- ultimately resulting in time and cost savings
for U.S. intelligence operations."

About In-Q-Tel

In-Q-Tel is the strategic, not-for-profit investment firm that works to
identify, adapt, and deliver innovative technology solutions to support
the mission of the U.S. Intelligence Community. Launched by the CIA in
1999 as an independent organization, In-Q-Tel's mission is to identify
and partner with companies developing cutting-edge technologies that
serve the national security interests of the United States. Working from
an evolving strategic blueprint defining the Intelligence Community's
critical technology needs, In-Q-Tel engages with entrepreneurs, growth
companies, researchers, and investors to deliver technologies that
provide superior capabilities for the CIA and the larger Intelligence
Community. In-Q-Tel concentrates on several broad commercial technology
areas, including application software and analytics; bio, nano, and
chemical technologies; communications and infrastructure; digital
identity and security, and embedded systems and power. To date, In-Q-Tel
has engaged with more than 100 companies and delivered more than 140
technology solutions to the Intelligence Community. To learn more about
In-Q-Tel, visit www.iqt.org.

About Adapx

Adapx is changing the way teams collaborate and collect data with software
that digitally enables paper-based maps, designs, notes, and forms for use
with digital pens. A broad range of industries and agencies use Capturx
products to capture actionable intelligence in any environment and make
better decisions in less time and with fewer resources. Teams enjoy the
natural advantages of collecting data with pen and paper as well as
seamless integration into Microsoft Office, CAD, and GIS software, without
the delays and expense of processing paper-based data or deploying mobile
computers. Privately held and headquartered in Seattle, Adapx was named a
Cool Vendor in Emerging Technologies by Gartner and New Partner of the
Year by ESRI. The Capturx product line is available through GSA contract
number, GS-35F-0131R. For more information, please visit www.adapx.com.

Adapx and Capturx, and their respective logos are trademarks, registered
trademarks, or service marks of Adapx Corporation. Other products and
company names mentioned are the trademarks of their respective owners.

Media Contacts:
Deanna Leung
Buzz Builders for Adapx
206-915-0512
Email Contact

Reishia Kelsey
In-Q-Tel
703-248-3000
Email Contact

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