BURLINGAME, Calif. - June 26, 2006 - EGI Technologies, Inc., a leading global provider of collaborative management solutions to commercial and government organizations, today announced that OMF 2.0 has been chosen by private firm MeetWE, Inc. to provide virtual meeting rooms for both business and casual users.

MeetWE.com is a free, open meeting environment which supports users to share ideas, meet with friends, organize activities, and coordinate efforts through meeting together online. MeetWE has evolved into a global community with users of different backgrounds from all over the world. You will expand your network naturally when participating in meetings organized by your trusted friends or contacts. And you can contribute to the MeetWE community by sharing your ideas and suggesting best practices in achieving various objectives.

Open Meeting Facilitator (OMF) will be the core collaborative technology and product from EGI Technologies, Inc. to provide the meeting functions of MeetWE.com.

"We are excited about our partnerships with MeetWE, Inc. to enable their visionary idea of creating an open community through meetings online," said EGI Technologies CEO and Chairman, Dr. Edward C. Cheng. "The OMF technological solution enables the MeetWE community to interact globally through virtual meeting rooms. Whether meeting online, doing web-conferencing, audio or video meetings, or even meeting face-to-face, MeetWE.com users will quickly realize the fun, freedom and productivity gains of this next generation meeting facility."

About MeetWE, Inc.
MeetWE, Inc. is a privately held online community enterprise. MeetWE.com provides free, virtual meeting rooms for users to facilitate meeting online. Users may perform multi-user chat while hosting formal meetings online. They may also use traditional meeting modes such as face meeting, web conferencing, audio and video conferencing while using MeetWE.com to facilitate their meeting. MeetWE helps users to prepare for meetings, host meetings and perform followup activities after the meeting is done.

About EGI
EGI Technologies, develops and markets Enterprise Knowledge Management and Collaborative Project Management solutions, including Product Release Management (PRM), Open Meeting Facilitator (OMF) and Central Repository (CR) applications that provide aggregation, accessibility and life cycle management of digital assets. With our collaborative enterprise information and Strategic Project Management applications, we offer enterprises an open architecture platform to unify information and transactions from multiple data sources and systems, and provide users secured access to integrated knowledge through the Internet. EGI clients include AMD, Spansion, Hitachi America, Quantum Corp., PlantAmerica, New World CyberBase, InsurePoint, the US Army, Army National Guard, among others. EGI is headquartered in Burlingame, California. Web address - www.egiomm.com .