FOR IMMEDIATE RELEASE

iCode wins Codie Award for Best Business Software Product
The Software & Information Industry Association (SIIA) honors iCode's Everest Advanced

CHANTILLY, VA - May 20, 2004 - iCode, Inc., developer of a cost effective all-in-one small business management software solution, today announced that its Everest® Advanced product has won the prestigious Software & Information Industry Association's ("SIIA") 2004 Codie Award in the Best Business Software Product or Service category for its Everest software. The winners were announced at the 19th Annual Codie Awards Gala Ceremony on May 18 at the Palace Hotel in San Francisco, CA.

Everest's first place award comes after being selected a finalist two years in a row. Last year it was selected as a finalist in the Best E-Commerce Solution category.

Everest is a cost effective, integrated business solution designed to automate and integrate all key operational areas of a small business. These key areas include accounting, inventory control, service, e-commerce, sales force automation, point of sale, and CRM. Everest connects employees, customers, products and business information in real time enabling sound business decisions leading to increased efficiencies and profits, reduced costs and improved customer satisfaction. Everest's robust e-commerce capabilities enable businesses to launch a fully integrated online store very quickly, extending the reach of the business and bringing in revenues around the clock. In effect, Everest is quite possibly the only software needed to run an entire small business and is best suited for enterprises with under 250 employees in the wholesale/distribution, retail, mail-order and e-commerce business.

"This 19th Annual Codie Awards continue our tradition of celebrating the best products in the software and information industry," said Ken Wasch, President of SIIA. "Being a winner among so many fine nominees is a solid achievement. I congratulate all of the companies. This year, iCode has shown the strength of their product in the industry. SIIA congratulates iCode on winning a 2004 Codie Award."

"It's a great honor to be recognized by the SIIA," said James McGowan, Chief Executive Officer of iCode. "The award is a validation of the robustness of our product and how effectively it meets the needs of small businesses looking for an affordable, integrated solution designed to cut costs, enhance productivity and increase profits."

About iCode
iCode has developed the first "all-in-one" small business management software program to help small businesses improve productivity and streamline operations by automating and integrating all areas of the business. Designed by small business owners for small business owners, Everest is quite possibly the only business software companies from 1 to 250 employees need. iWaves the partner to this dynamic company for its Indian  operations for  more information, please visit www.infowavesindia.com or send an email to sales@infowavesindia.com.

About SIIA
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 600 leading software and information companies. For further information, visit www.siia.net.

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iCode and Everest are registered trademarks of iCode, Inc. All other trademarks are the property of their respective owners.