CollabraSpace Named "Best Place to Work" in Baltimore Region Among Small Businesses

Annapolis, MD — March 24, 2006 — CollabraSpace®, a leading provider of web-based collaboration solutions for government and commercial enterprises, has been named the “Best Place to Work” in the small business category of the Baltimore Business Journal’s first annual survey.

CollabraSpace CEO Ray Schwemmer is particularly proud of this distinction, as it is a direct result of feedback provided anonymously by the company’s employees. "There are a lot of companies that claim to understand the value of their employees, but at CollabraSpace, we truly do," said Schwemmer. "We have worked hard to listen to them -- and to create a workplace that reflects our respect for opinions and ideas from every corner of the office."

Over 170 businesses that participated in the survey made it through the first round of cuts. The survey required that at least 80 percent of the employees of each participating company complete a questionnaire that covered topics ranging from job satisfaction and career development to trust in company management and employee compensation.

Among the benefits and perks extended to CollabraSpace employees are annual five weeks PTO allowances, 30-day paid sabbatical for employees after five years of service, 100 percent company-paid health care plans and a liberal attitude toward telecommuting.

About CollabraSpace
Headquartered in Annapolis, Maryland, CollabraSpace is an authority on web-based collaboration solutions for a wide variety of customers with dispersed workforces. These customers include large government organizations such as NSA, NGA and Defense Department elements, as well as large commercial accounts. The company develops and provides secure web-based collaboration software and platforms that include audio/video sharing, document sharing and storage, whiteboarding and instant messaging, as well as a J2EE application development platform. More information about CollabraSpace can be found at www.collabraspace.com.

Ms. Angela Walseng
Planit Agency
T: 410-962-8500
adw@planitagency.com