PRNewswire: Piranha, Inc. Announces Plans to Apply for National Nasdaq Listing

“Upon Receipt of $3 Million Equity Investment From HIH Insurance
Limited.”

“Edward W. Sample, Chief Executive Officer, Piranha, Inc.
announced today that HIH Insurance Limited, headquartered in
Sydney, Australia, has completed a US$3 Million equity investment
in Piranha, Inc. As a result of the HIH investment, Piranha, Inc.
will immediately take steps to file an application with Nasdaq for
listing on the National Market system.”

“Piranha, Inc. is a premier digital workflow technology
company providing industry leading data compression technology,
created on the Linux operating system, fully operational and
portable to Apple and Microsoft operating systems. Additionally,
Piranha has two wholly owned subsidiaries to take its leading
technology to the marketplace. Impact Solutions, Inc. is a sales
and marketing organization directed towards printing, publishing,
document storage and other business-to-business opportunities.
Impact Solutions will focus on Piranha’s “lossless” data
compression technologies optimizing file format structures
associated with the publishing and medical imaging industries as
well as bandwidth solutions for wireless devices, archival data
storage efficiencies as well as all business-to-business
applications.”

Press release.