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PRESS ROOM

NEWS RELEASE

October 18, 2007
FOR IMMEDIATE RELEASE


Lookout Software acquires Web 2.0 pioneer RSSCalendar

Dallas developer to set its sights on Trumba Connect in growing online event and calendaring solutions market

DALLAS, Texas, USA (October 18, 2007) – Lookout Software LLC., a developer of a Microsoft Outlook calendar sharing application for users without Exchange Server, OfficeCalendar; and new AJAX time tracking solution for SME's, Office Timesheets; announced today that it has acquired RSSCalendar, an innovative online event and calendaring syndication solution. The acquisition is intended to strengthen the company's product portfolio by leveraging its knowledge of business-to-business group and shared calendaring, and Microsoft Outlook add-in development expertise.

Lookout Software has also acquired a provisional patent for RSS syndication of calendars as part of the acquisition of RSSCalendar in which it will be researching extensively over the coming months.

"I believe the recent acquisition of RSSCalendar will enhance the capabilities of Lookout Software's OfficeCalendar products and increase the company's enterprise client base," said John Pacchetti, Founder of RSSCalendar. "Our vision for RSSCalendar has always been to create user-friendly software so individuals, groups, and companies can share their calendars in a seamless way. We can't think of a better platform to fulfill this vision than with Lookout Software."

RSSCalendar offers a free online calendar syndication solution and currently has more than 25,000 registered users, hosts more than 1 million calendar events, and garners more than 2.7 million page views per month. While the product is currently designed for consumer markets, many event-centric businesses, educational institutions, religious organizations, etc. have requested a commercial offering of the product to manage and promote their events with interactive online calendars.

"The acquisition of RSSCalendar adds a strong component to our growing portfolio of office productivity and collaboration software solutions," said Kevin Taggart, President of Lookout Software. "As we expand RSSCalendar's capabilities, we will be able to offer something new and exciting to our over 7,000 customers, as well as draw in new organizations and businesses who want an easy and affordable way to manage event-based content on their websites."

Lookout Software plans to rapidly update the RSSCalendar code base in order to release a commercial version in the near future that is designed for the specific needs of event-driven businesses, educational institutions, and non-profit organizations. Lookout executives have discussed features like tight Microsoft Outlook integration; additional customizable event and calendar publishing formats; an updated multi-user and multi-calendar interface; Lookout Software's Schedule Fusion™ group calendaring processes; integration with social networking websites; and much more as a development roadmap for the product.

"This is an exciting milestone for RSSCalendar," said Pacchetti. "Lookout Software's solutions, talent, and customer base make it a perfect fit for RSSCalendar. We look forward to scaling its growth as part of Lookout Software."


About RSSCalendar

RSSCalendar was released in 2004 with the goal to provide an easy online calendaring solution for users to create, publish, subscribe to, or invite others to subscribe to their web calendars, using the latest in RSS (Real Simply Syndication) feed technology. For more information about RSSCalendar, visit www.rsscalendar.com.


About Lookout Software

Lookout Software LLC. was established in the summer of 2003 with the goal of providing businesses with resourceful and beneficial software solutions for everyday needs. Since its founding, Lookout Software has successfully developed and released several applications. Its flagship product, OfficeCalendar, is a cost-effective alternative to Microsoft Exchange Server for sharing Microsoft Outlook calendars, contacts and tasks, and is currently used by over 7,000 businesses and organizations all around the world. For more information about OfficeCalendar, visit www.officecalendar.com.

Lookout Software recently released Office Timesheets, a practical employee time tracking and project costing application designed with cutting-edge architecture and user interface utilizing Microsoft AJAX and Fluent design. Office Timesheets is web-based commercial employee time tracking software designed for project-driven organizations to track time and expenses for real time reporting and billing. For more information about Office Timesheets, visit www.officetimesheets.com.

Other applications by Lookout Software include Anti-Dupe for Microsoft Outlook (www.anti-dupe.com) and AttachmentSecurity for Microsoft Outlook (www.attachmentsecurity.com).

Lookout Software remains dedicated to providing the business community with easy-to-use, effective and affordable solutions to common problems. For more information about Lookout Software, please visit the company website at www.lookoutsoftware.com.


Contact

Nikki Bonds, Marketing Manager
Lookout Software, LLC.
866-847-7512 x101
www.officecalendar.com

Office Timesheets has a diverse base of customers ranging from small and medium size enterprises (SMEs) to Fortune 500 companies with installations in every major continent throughout the world.

HAVE QUESTIONS? CALL US TOLL FREE 866.425.0800 OR DIRECT AT 214.239.1985