BASIS TECHNOLOGY EXPANDS CAMBRIDGE HEADQUARTERS

Cambridge, MA, October 11, 2000—Basis Technology Corporation (www.basistech.com), the world’s leading provider of software internationalization services and technology, today announced the expansion of its headquarters office in Cambridge, Massachusetts. A dramatic increase in demand for the company’s products and services necessitated a move to a new 31,000 square foot facility, more than four times the size of the company’s previous office.

“Software publishers and dotcoms with a bottom line focus are looking to overseas markets to support future revenue growth,” said Carl Hoffman, Chairman and CEO of Basis Technology. “Industry leaders such as Amazon.com, Lucent, Lycos, and PeopleSoft have turned to Basis Technology to provide them with the tools and services they need to rapidly globalize. Our new Cambridge office will enable us to better respond to the needs of our customers and will support growth in all of our functional units, including product development, technical services, quality assurance, and global business strategy.”

The company’s staff, which has grown from 20 employees at the beginning of 1999, is expected to reach more than 100 by the end of this year.

Basis Technology was recently recognized by Deloitte & Touche as one of the 50 fastest growing technology companies in New England. For more information regarding the “New England Technology Fast 50,” which measures revenue growth over a five-year period, see www.fast500.com.

The company’s new address is One Kendall Square, Building 700, Cambridge, Massachusetts, 02139. The main phone number has changed to 617-386-2000, and the new fax number is 617-386-2020.

About Basis Technology

Basis Technology (www.basistech.com) provides software solutions for extracting meaningful intelligence from multilingual text. The company’s Rosette® Platform is a suite of high-performance, highly reliable, interoperable software components designed for applications that analyze and process all the world’s languages.

Top-tier software vendors, content providers, multinational enterprises, and government agencies rely on Basis Technology’s solutions for Unicode compliance, language identification, multilingual search, normalization, transliteration, and entity extraction. Clients include America Online, Convera, Endeca, Google, Hewlett-Packard, InQuira, Inktomi, L.L Bean, Northrop Grumman, PeopleSoft, Siebel Systems, Verity and Yahoo!.

Company headquarters are located in Cambridge, Massachusetts, with branch offices in San Francisco, California; Herndon, Virginia; and Tokyo, Japan. For more information, visit www.basistech.com or call 800-697-2062.