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Christine Brown
blackboxIT
+44 1202 233 215
christine.brown@blackboxIT.com

Gresham Computing plc partners with blackboxIT
to bring evolveIT to the VME market

England – May 1 2006 – blackboxIT, a leading supplier of business rule and process technologies, today announced an agreement with Gresham Computing under which Gresham will make blackboxIT’s evolveIT software available to it’s VME customer base. evolveIT enables organisations to reduce application maintenance and enhancement costs by providing analysts tools with which to analyse and manage existing applications.

evolveIT already benefits hundreds of users around the world in finance, government and healthcare to manage applications running on IBM and Unisys mainframes. blackboxIT recently announced general availability of its ICL VME mainframe version of evolveIT which can analyse Application Master and COBOL VME applications. The VME version is already in use at HMRC and States of Guernsey Income Tax.

“we are excited about evolveIT’s ability to help our VME customers work more effectively with their existing applications, freeing resources to address new business challenges” commented Emma Campbell – Gresham’s Director of Sales – VME Products.

About blackboxIT

blackboxIT develops, implements and supplies software to capture business policies and procedures from both business people and IT systems to create, manage and deploy re-useable business rules and business processes. By enabling business people to be directly involved in the capture, improvement and management of rules and process, blackboxIT helps reduce the lag between business change and IT change enabling organisations to become more agile, reduce costs and gain market advantage. www.blackboxIT.com

About Gresham Computing Plc

Gresham develops and implements software solutions for banking, integration and storage. Many of the world's most successful organisations choose Gresham to help improve their competitive edge and bottom line performance in some of the most challenging market sectors. These include financial services, manufacturing, healthcare, utilities, telecommunications, and public services.

Gresham Computing plc is listed on the London Stock Exchange (GHT) and has offices throughout the world. www.gresham-computing.com