Industry Leading Virtual Data Room Helps Leading Cleantech Companies Share Due Diligence Documents for Business Development and Fundraising Efforts

Los Gatos, CA, October 13, 2009 — The cleantech sector is experiencing explosive growth thanks to an increase in consumer awareness initiatives and federal stimulus monies for renewable energy and conservation projects designed to reverse the effects of global warming. A number of cleantech companies have selected ShareVault™ from Pandesa, a leading provider of next generation virtual data rooms, to securely share sensitive documents associated with key business processes that will enable them to grow and maintain a competitive edge in this globally conscious, fast paced market.

Calera, Stirling Energy Systems, Inc. (SES), Soltage, Northwinds Biodielsel,Nubian and SkyFuel, Inc. are a handful of companies using ShareVault™ to support the due diligence process associated with business development and fundraising activities. Its rapidly growing customer base among cleantech and alternative energy companies is proof that ShareVault™ is taking virtual data room capabilities to the next level.

“The value of a company’s intellectual property is vital to its success. It’s the foundation from which the business grows,” said Brent Constanz, Founder and CEO of Calera, a company dedicated to reversing global warming by capturing and storing greenhouse gases in building materials, such as cement. “We wouldn’t feel comfortable sharing confidential information with customers and strategic partners, but ShareVault™ eases that concern by providing the ability to share sensitive information in a completely secure manner. It gives us peace of mind knowing that we can easily and securely share and monitor important information necessary to pursue new business opportunities.”

Pandesa ShareVault™ includes the following features:

• High, speed encrypted connection;

• PDF streaming, which enables large documents to open instantly;

• “Drag and Drop” file indexing, PDF conversion and upload capabilities;

• Customizable access control and policy-based security features;

• Detailed activity tracking and reporting;

• Full-text search;

• Worldwide access;

• Visual content browsing;

• In-place editing of tags and permissions; and

• 24/7 customer support.

ShareVault™ has gained popularity among alternative energy companies as the trusted platform that allows them to successfully share critical information most commonly used in business development, partner development, and fundraising activities. While Calera has found ShareVault™ makes their business development activities more secure, Soltage has found fundraising efforts to be more efficient.

“Project financing is an important aspect of our growth strategy.,” said Vanessa Stewart, co-founder and COO of Soltage, LLC, a full service renewable energy company that develops, finances, owns and operates solar energy generating power stations on client structures across the U.S. “Project financing requires a platform that can be used by both companies and investors; one that is safe, secure and easy to use. ShareVault gives us such capabilities.”

ShareVault™ is being used to support the growth of many types of companies in the cleantech space. “Our rapid adoption in this critical sector is a testament of Pandesa’s ability to tailor solutions for a variety of industries — from financial services to alternative energy,” said John Badger, Vice President of Marketing and Product Management, Pandesa.

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About Pandesa:

Pandesa Corporation develops and markets ShareVault™, the next generation virtual data room for secure online sharing of sensitive documents during due diligence and other critical business processes. The company was founded in 2003 to help professionals securely share unstructured information in order to facilitate business transactions. Pandesa provides an on demand platform that enables its customers to manage critical time-sensitive and document-centric processes, such as due diligence, where documents must be organized and made available to multiple parties efficiently and securely. Pandesa is based in Los Gatos, California, with development offices in Bangalore, India. For more information, visit: www.pandesa.com.