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Subject: [announce] Blast Radius ends year with 50 per cent growth


Blast Radius ends year with 50 per cent growth

VANCOUVER, B.C. (February 15, 2005) - Blast Radius is pleased to announce revenue growth in 2004 to $38 million, a 50 per cent increase over last year, as well as its seventh consecutive profitable year. Blast Radius says its growth is being fueled by companies keen on using the power of technology networks to innovate and better meet the needs of customers.
 
"Blast Radius' continued success is largely based on our ability to offer a unique range of services and software products that customers really respond to. We provide the complete package - strategic insights, technological know-how, and world-class user experience design," said Gurval Caer, president and CEO of Blast Radius. "Ultimately, we offer our customers an opportunity to differentiate themselves with innovative customer experiences, powered by unique customer insights, great business strategy, and high-value content."
 
2004 was marked by a number of milestones for Blast Radius, including new professional services clients such as AOL, DIRECTV, Esselte and Indigo Books & Music. XMetaL sales are tracking well with a 50 per cent sequential increase in Q4 compared to Q3. In 2005, XMetaL revenue is projected to grow 100 per cent.
 
Ian Doddington, chief financial officer for Blast Radius, says the company's growth this year is exemplary in the Internet and content technologies industries. "Remaining committed to best business practices and maintaining a clear vision continues to yield outstanding financial performance results," he added.

Blast Radius (www.blastradius.com) helps businesses deliver exceptional customer experiences by combining business strategy, experience design, and industry-leading technologies, including its unique content lifecycle management solutions. With offices in the US, Canada and Europe, Blast Radius has formed long-term relationships with companies such as Aeroplan, A&E Television Networks, BMW, Fairmont Hotels & Resorts, Heineken, Nike, Nintendo, and Philips.

XMetaL from Blast Radius simplifies the creation of critical business information and enables its fast and cost-efficient delivery to print, the Web and all other interaction points. The market's leading XML content creation and collaboration product, XMetaL maximizes a company's investment in content development across an extended enterprise. The XMetaL suite consists of five powerful products designed to meet the combined requirements of business people, IT managers and developers: XMetaL Author and XMAX (XMetaL for ActiveX) are used by content creators, and provide the only comprehensive XML solution available in both desktop and embeddable versions; XMetaL Reviewer is a real-time, in-context reviewing application for content creators; XMetaL Developer is used by developers to build custom solutions for content authors; and XMetaL Central is a server-based XML environment manager. Visit www.xmetal.com to learn how more than 1,000 customers worldwide, including Bosch, DaimlerChrysler, the European Space Agency, Learning Tree, Nike Timing, and the World Intellectual Property Organization, use XMetaL to ease the collaborative creation and review of reusable, high-quality business content.

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MEDIA INQUIRIES TO:

Christine Gravelle 
416.214.4221
mailto:christine.gravelle@blastradius.com


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