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ZEDO EXPANDS TEAM; MOVES TO NEW OFFICES

SAN FRANCISCO, March 24, 2005 -- ZEDO Inc., the Leading Worldwide Provider of Customer-Fit Ad Serving Solutions, today announced that following the extensive expansion of its software development and technical support teams, it has moved its headquarters to a larger space in San Francisco and its offices in India to a 5500 sq. ft. Development Center in Mumbai.

ZEDO’s support team now comprises of multi-level technical support with dedicated senior support engineers who function as account managers for large, key customers. The expansion of the development teams is to strengthen ZEDO’s thrust on innovation and the addition of new and exciting features that meets market needs.

ZEDO’s new offices in San Francisco and India have state-of-the-art facilities both in terms of technology and infrastructure and provide a high-quality work environment for their employees.

ZEDO started its operations in 1999 with its headquarters in San Francisco, California and their development center in Mumbai, India. Since then they have opened offices in London and most recently in Boston. ZEDO currently offers its product and services to over 400 customers worldwide.

"The past few months have been extremely encouraging with respect to growth in the ad serving market. It has, therefore, encouraged us to invest more in our infrastructure and resources," noted Roy de Souza, CEO of ZEDO, Inc. “We believe that innovation and service levels will drive the standards in the online advertising industry and ZEDO’s Customer-Fit approach will help deliver better results to customers,” he added.

Working alongside some of world’s top marketers, ZEDO has developed a robust, reliable and a highly efficient ad serving platform. Among ZEDO’s leading customers are Undertone Networks, CNET Networks, Live 365, Freeze.com, Hi5.com and Hotwire.

ABOUT ZEDO

ZEDO is the leading worldwide provider of Ad Serving solutions for today's online advertising needs. ZEDO uses a unique proprietary Third Generation Ad Serving™ technology that is fast, scalable and is highly flexible in meeting customer needs. ZEDO currently leads the industry in Transition Ads and Full Page Ads. Its full feature set is presented in an intuitive and highly acclaimed graphical user interface. ZEDO provides advanced features including auto-optimization, profile based targeting (age/gender), behavioral targeting, URL targeting, broadband targeting and supports many new and effective ad formats. ZEDO offers 24-hour customer service and is renowned for its quality and professionalism in serving its customers. ZEDO is a global company with headquarters in San Francisco and offices in Boston, the UK and India. More information on ZEDO is available at http://www.ZEDO.com .

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