FOR IMMEDIATE RELEASE

CHESAPEAKE GROUP ADOPTS PANDESA SHAREVAULT FOR SELL-SIDE M&A DUE DILIGENCE

Mid-Market M&A Firm praise ShareVault’s ease-of-use, rapid setup, and powerful search capabilities

San Jose, CA, December 18, 2007 — Pandesa Corporation recently announced that The Chesapeake Group, a mid-market international investment banking firm based in New York City, has adopted Pandesa’s ShareVault™ on-demand virtual deal room to securely share documents during the due diligence process in connection with sell-side M&A.

“Chesapeake has now used us for four deals, providing further confirmation that ShareVault is the ideal platform for mid-market M&A transactions” said John Badger, VP of Marketing and Product Management of Pandesa Corporation.

Due diligence documents on-demand from a secure web-based platform
ShareVault™, an on-demand web-based virtual data room, was developed for securely sharing deal-related documents during due diligence. Entirely web-based, ShareVault allows users to login and securely access content via a web browser.

Ease-of-Use
Chesapeake cites ShareVault’s straightforward setup and configuration, the ease of searching for specific content, security and the use of the industry-standard PDF format for secure document sharing as important factors in their selection of ShareVault™. “We can call Pandesa on a moment’s notice and have a ShareVault setup the same day,” said Erik Buchakian, a Principal with The Chesapeake Group. “ShareVault’s modern, easy-to-use software provides our client’s with an ideal way to manage deal documents. The due diligence team can instantly locate specific content by using the integrated search engine. Everything is so intuitive — so we can focus on the deal itself without worrying about training”.

ShareVault™ capabilities
Documents are uploaded via a high-speed, encrypted connection by dragging and dropping multiple files and/or entire folders. For paper documents, secure scanning services are also available with turnaround times of a few days. Documents uploaded to the ShareVault are automatically converted to PDF with support for more than 300 file types including Microsoft Word®, Excel®, PowerPoint®, Project®, Visio® and hundreds of others. ShareVault™ contents are organized via a tag-based structure, supporting a flexible organization of the content according to the due-diligence list. Customizable access control assures that each document is available only to users with appropriate privileges. ShareVault also features a tightly integrated full-text search engine, visual content browsing and in-place editing of tags and permissions. Detailed activity tracking and reporting are also included, providing a permanent record of who has seen what documents and when.

High-Grade Security and Reliability
Security features include 128-bit encryption, document-level access control, PDF rights management and audit trail capabilities. ShareVault is delivered from a SAS-70 part II compliant data center, with hardware and infrastructure redundancy, to ensure the high-grade reliability needed for critical deals.

About Pandesa
Pandesa Corporation provides Web-based business content sharing services for a variety of industries and applications based on its high performance, database- driven, multi-tenant information repository. Founded in 2003, Pandesa’s corporate headquarters are in Cupertino, California, and the company operates a development center located in Bangalore, India.

Contact: John Badger, VP Sales & Marketing, Pandesa Corporation, +1-800-380-7652, ext. 802 or jbadger@pandesa.com.

FOR IMMEDIATE RELEASE

PANDESA EXPANDS OPERATIONS, MOVES TO LARGER FACILITY

Internet Software Company Moves to Larger Facility to Accommodate Recent Growth, Prepares for Continued Expansion

Los Gatos, California, November 31, 2007 - In a move to accommodate increased staffing and a recent growth spurt, Pandesa today announced plans to relocate its headquarters from San Jose, CA to neighboring Los Gatos.  The new facility will better accommodate Pandesa staff and allow for anticipated growth.

“Our recent growth, due primarily to increased sales of our ShareVault virtual data room, has led to hiring and the need to expand our operations.  We are thrilled with our new location, and look forward to continued growth in our new facility which can accommodate us as we scale up”, said Richard Andersen, CEO of Pandesa Corporation.

Pandesa plans to make the move over the coming weekend with no disruption to service.  Pandesa’s internet servers will not be affected by the move since they are located in a separate data center run by a third party hosting company.

About Pandesa
Pandesa Corporation provides Web-based business content sharing services for a variety of industries and applications based on its high performance, database- driven, multi-tenant information repository. Founded in 2003, Pandesa’s corporate headquarters are in San Jose, California, and the company operates a development center located in Bangalore, India.

Contact: John Badger, VP Sales & Marketing, Pandesa Corporation, 1-800-380-7652 ext. 802 or jbadger@pandesa.com.

FOR IMMEDIATE RELEASE

INCA PACIFIC RESOURCES SELECTS PANDESA SHAREVAULT™ FOR DUE DILIGENCE DOCUMENT SHARING FOR THE MAGISTRAL PROJECT IN PERU

Canadian mineral exploration company praises ShareVault’s ease-of-use, rapid setup, speed and ability to handle very large files

San Jose, CA, October 25, 2007 — Pandesa Corporation recently announced that Inca Pacific Resources (www.incapacific.com) is using Pandesa’s ShareVault™ on-demand virtual deal room to securely share documents during the due diligence process in connection with its Magistral Copper-Molybdenum project in Peru.

“Having been selected by Inca Pacific Resources for this application requiring high-speed access to very large mine models is further confirmation of the confidence our customers have in the speed and capability of the ShareVault platform” said Richard Andersen, CEO of Pandesa Corporation.

Due diligence documents on-demand from a secure web-based platform
ShareVault™, an on-demand web-based virtual deal room, was developed for securely sharing deal-related documents during due diligence. Teams from both sides of the deal are able to securely share deal-related content. Entirely web-based, ShareVault allows users to login and securely access content via a web browser.

High Speed Access to Large Files
Geological data often includes large data files such as deposit models, maps and engineering drawings, in addition to standard file formats such as PDF, Word, Excel, etc. ShareVault’s ability to provide fast upload and download speeds as well as the robust and secure data transfer protocol, allow customers to provide fast, reliable file access, especially important for virtual data rooms in the resource and energy sectors.

High-Grade Security and Reliability
Security features include 128-bit encryption, document-level access control, PDF rights management and audit trail capabilities. ShareVault is delivered from a SAS-70 part II compliant data center, with hardware and infrastructure redundancy, to ensure the high-grade reliability needed for critical deals. In addition, Pandesa ShareVault is backed with a comprehensive security model, incorporating policies and procedures based on industry best practices.

Ease-of-Use
Inca Pacific cited ShareVault’s straightforward setup and configuration, the ease of searching for specific content, as well as the use of the industry-standard PDF format for secure document sharing as important factors in their selection of ShareVault.

“We were impressed at how quickly we had the ShareVault site up-and-running” said Ward Kilby of Cal Data Ltd., administrator of the Magistral virtual data room. “This project required a secure, easy-to-use virtual data room that could handle large files easily. We’ve been using the system now for 8 months, and it has been smooth sailing the whole way, including the superb support from Pandesa”.

“The alternative to our VDR would have been a physical data room with the associated travel costs or numerous versions of data DVDs being sent around the world. ShareVault has provided us with superior data control and our potential joint venture partners with simplified data access” said Anthony Floyd, CEO of Inca Pacific.

ShareVault™ capabilities
Documents are uploaded via a high-speed, encrypted connection by dragging and dropping multiple files and/or entire folders. For paper documents, secure scanning services are also available with turnaround times of a few days. Documents uploaded to the ShareVault are automatically converted to PDF with support for more than 300 file types including Microsoft Word®, Excel®, PowerPoint®, Project®, Visio® and hundreds of others. ShareVault™ contents are organized via a tag-based structure, supporting a flexible organization of the content according to the due-diligence list. Customizable access control assures that each document is available only to users with appropriate privileges. ShareVault also features a tightly integrated full-text search engine, visual content browsing and in-place editing of tags and permissions. Detailed activity tracking and reporting are also included, providing a permanent record of who has seen what documents and when.

Positive Customer Feedback
“Here’s yet another happy ShareVault customer. Our growing customer base is affirmation that ShareVault’s speed, intuitive search-based user interface and rock solid security / reliability are just what the market has been wanting for this important aspect of the due diligence process”, said John Badger, VP of Marketing and Product Management.

About Pandesa
Pandesa Corporation provides Web-based business content sharing services for a variety of industries and applications based on its high performance, database- driven, multi-tenant information repository. Founded in 2003, Pandesa’s corporate headquarters are in San Jose, California, and the company operates a development center located in Bangalore, India.

Contact: John Badger, VP Sales & Marketing, Pandesa Corporation, +1-800-380-7652, ext. 802 or jbadger@pandesa.com

FOR IMMEDIATE RELEASE

VARIAN MEDICAL ADOPTS PANDESA SHAREVAULT™ VIRTUAL DATA ROOM FOR ACQUISITION DUE DILIGENCE

Leading cancer treatment equipment manufacturer praises speed of setup, ease-of-use and robustness

Cupertino, CA, January 29, 2007 — Pandesa Corporation recently announced that Varian Medical Systems’ Business Development department is using Pandesa’s ShareVault™ on-demand virtual deal room as a document sharing platform its planned acquisition of Germany’s ACCEL Instruments, GmbH, announced in early January. “We’re very pleased to have been selected by Varian Medical for this mission-critical M&A process, for which ShareVault is being used internationally,” said Richard Andersen, president and CEO of Pandesa Corporation.

Due diligence documents on-demand from a secure web-based platform
ShareVault™, an on-demand web-based virtual deal room, was developed for geographically-dispersed teams, such as the one working on the due diligence for the planned ACCEL acquisition. Varian employees in multiple locations, consultants and law firms in several countries, as well as members of the ACCEL team, are all able to securely share content. “I was pleased by how quickly we were able to set up the virtual data room, and securely distribute essential documents to the right members of the geographically-dispersed deal team. We compressed the time typically required for pre-term sheet due diligence by using the ShareVault platform,” said Andy Thorson, Varian’s VP of Business Development.

Speed of deployment and adoption
Varian cited ShareVault’s rapid configuration capability, easy-to-use drag-and-drop file upload technology, the ease of searching for specific content and automated on-the-fly PDF conversion capabilities as important factors in their selection of ShareVault. “I set up the ShareVault in just a few hours with minimal help from Pandesa,” said Jean Qiu, Varian’s manager of Business Development who was responsible for setting up and configuring the deal room. “Our deal team was able to start using the platform without any training because the program is robust and intuitive. For me, the most important thing was that members of the team could access the content without additional support. I’m not an IT person, yet I was able to set things up for team members to securely share critical documents. That has allowed our small business development team to remain focused on due diligence and on the specifics of the deal itself.”

ShareVault™ capabilities
Documents are uploaded via a high-speed, encrypted connection by dragging and dropping multiple files and/or entire folders. For paper documents, secure scanning services are also available with turnaround times of a few days. Documents uploaded to the ShareVault are automatically converted to PDF with support for more than 300 file types including Microsoft Word®, Excel®, PowerPoint®, Project®, Visio® and hundreds of others. ShareVault™ contents are organized via a flexible, tag-based structure, supporting due-diligence list terms and/or other deal-related processes. Customizable access control assures that each document is available only to users with appropriate privileges. ShareVault also features a tightly integrated full-text search engine, visual content browsing and in-place editing of tags and permissions. Detailed activity tracking and reporting are also included, providing a permanent record of who has seen what documents and when.

High-Grade Security and Reliability
Security features include 128-bit encryption, document-level access control, PDF rights management and audit trail capabilities. ShareVault is delivered from a SAS-70 part II compliant data center, with hardware and infrastructure redundancy, to ensure the high-grade reliability needed for critical deals.

Positive Customer Feeback
“We launched ShareVault in November, and are thrilled with the feedback from our initial customers - users are simply delighted with ShareVault’s speed, and intuitive search-based interface. All of our ShareVault customer deployments are all running smoothly - a testament to Pandesa’s robust system architecture and high-reliability platform”, said John Badger, VP of Marketing and Product Management.

About Pandesa
Pandesa Corporation provides Web-based business content sharing services for a variety of industries and applications based on its high performance, database- driven, multi-tenant information repository. Founded in 2003, Pandesa’s corporate headquarters are in Cupertino, California, and the company operates a development center located in Bangalore, India.

Contact: John Badger, VP Marketing & Product Management, Pandesa Corporation, +1-800-380-7652, ext. 2 or jbadger@pandesa.com