SOURCE: Amazing Technologies Corp.

May 10, 2006 09:43 ET

Amazing Technologies Corp. Announces the Addition of a Proven Executive to Its Management Team

NEWPORT BEACH, CA -- (MARKET WIRE) -- May 10, 2006 -- Amazing Technologies Corp. (OTC: AZTN) a fast growing U.S. public company that acquires, supplies and integrates real-time software solutions for the SMB market, announced today that it has added Peter Warringer as Vice President, M&A Integration to its management team.

J. Bradley Hall, CEO of Amazing, commented, "This is quite a coup for Amazing and I'm extremely excited to be adding Peter to our team. He has enjoyed the direct experience of being a 'C' level executive in a venture backed emerging software company, as well as being specifically involved in post merger integration activities on a large scale. He intimately understands our business model and the inherent challenges and opportunities."

Prior to joining Amazing Technologies, Mr. Warringer was CEO of Drake Certivo, developing products and services that help enable supply chain connectivity. He also served as Vice President of Operations of EduPoint, a venture funded startup based in San Diego and was, prior to that, heading up all worldwide operations and infrastructure for Sybase's customer education business. Mr. Warringer also helped pioneer a new industry by founding and building one of the very first companies in the country focusing on educating business professionals on PC-based application software. He holds a degree in Electrical Engineering from Lars Kagg Technical Institute in Kalmar, Sweden.

Peter Warringer commented: "Having been involved in launching, growing and integrating companies, I have tremendous respect for what Brad and his team have accomplished in less than a year of operations. I just knew I had to get involved. I'm excited to be given this opportunity to contribute my experience."

Hall concluded, "Our ambitious corporate goals dictate that we will continue to grow rapidly as we expand our global footprint. The risk in our business model has been distilled down to execution and I can't overstate the importance of having a proven veteran with extensive experience in post merger and acquisition integration. Peter is our first choice for that role so this a good day for us and a great day for our stakeholders."

About Amazing Technologies:

Founded in 2004, Amazing Technologies Corp. is an aggressive 'second buyer' of venture backed vertical silo software publishers and successful regional, niche software companies that can be positioned as complementary plug and play add-ons to existing JD Edwards ERP solutions. The company is focused on fully developed, customer validated products that have not reached any critical mass of customer traction. Amazing is also an acquirer of established resellers in the global JD Edwards reseller and integrator channel.

Amazing is a trademark of Amazing Technologies Corp. and may be registered in certain jurisdictions. This release contains "forward-looking statements." Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes" or statements indicating certain actions "may," "could" or "might" occur.

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