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Modular Space Corporation Transitions Slingshot Applications

June 15, 2007

Modular Space Corporation (previously Resun) will continue running Slingshot systems after it acquired a portion of one of Slingshot's existing and valued clients.  Agreement was reached on May 31st. 2007 that Slingshot systems would be transitioned to Modular Space Corporation to continue managing mobile warehouse assets within the 80 business units purchased.

A number of technical experts have transitioned to Modular Space Corporation as part of the acquisition.  Over the coming months, the Slingshot team will provide the necessary support as all hardware and functional system requirements are replicated the new environment.

Slingshot is pleased to continue its support of the significant remaining portions of its implemented software with the original business, as well as the newly formed Modular Space Corporation.