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18 September 2006

DAVID and PureShare® Partner to Deliver Business Intelligence Reporting Suite

DAVID Corporation, a unit of HALO Technology Holdings, Inc. (OTCBB: HALO) and trusted provider of Insurance Risk Management (IRM) software, today announced with PureShare, the general availability of RenMetrics, a web-based claims reporting and performance measurement suite. RenMetrics delivers real-time key operational metrics, activity monitoring and proactive alerts to help organizations minimize exposure and reduce risk management costs. RenMetrics is delivered as an add-on product for DAVID’s Renaissance claims management system using PureShare’s web-based performance management and reporting technology.

DAVID’s third party administrator and self-insured clients require easy and economical reporting and business intelligence to view and analyze key operational metrics. Using RenMetrics, they are able to obtain real-time status on claims processing activities and streamline distribution of financial information to their organization and provide their customers on-demand information via the web.

“Forward-looking and effective management of IRM organizations require not only clearly defined, measurable objectives, but also effective and economical methods for measuring their progress,” said Alex Aminian, president and CEO of DAVID Corp. “We help these organizations transform raw data into rich, usable, on-demand information by integrating analytics and reporting information and delivering it in a low cost, easy to use fashion as compared to more complex, expensive business intelligence solutions.”

“RenMetrics delivers unique capabilities by bringing answers directly to users and proactively displaying at-risk areas in the business which require immediate attention,” said Rich Razon, co-founder of PureShare, Inc. “The combination of technology and claims management data fully delivers on our vision of ‘management through metrics.’ We are excited about our partnership with DAVID and the evolution of this best practice throughout the insurance risk management industry,”

DAVID Corporation has led the risk management information systems industry by developing and supporting superior software products designed for self-insured, self- administered organizations and third-party administrators (TPAs) since 1984. DAVID consistently offers flexible, powerful systems to handle multiple lines of business including workers’ compensation, general liability, property and casualty, automotive and marine claims. DAVID simplifies the process of managing claims while offering clients powerful reporting, data analysis and imaging capabilities, along with a full-service solution to risk management. Services include, dedicated account managers, comprehensive on-site training and quality software support. DAVID Corporation is owned and operated by HALO Technology Holdings, Inc. (OTCBB: HALO), a global provider of a diversified range of standards-based enterprise software applications and on-demand solutions. For further information, visit DAVID’s website at www.davidcorp.com.

DAVID Corporation is owned and operated by HALO Technology Holdings, Inc. (OTC: HALO) (BULLETIN BOARD: HALO), a holding company for established enterprise software companies. For more information, visit www.haloholdings.com.