NEWS

HLS Technologies Inc. Selects Virtual Subsidiary to Spearhead EMEA Growth

Slough, United Kingdom. January 25th 2006-Virtual Subsidiary Ltd (V-Sub), a partner for businesses seeking a low risk, fast start international EMEA or APAC presence combined with the risk assurance that is so critical in today's markets, has been chosen by software utilities provider HLS Technologies Inc. to spearhead expansion into the EMEA region.

"Our domestic business has been showing strong growth and we simply decided that the time was right to extend our reach into EMEA, especially with new versions of DB2 stimulating customer requirements for our technology," said Gerald Hodge, CEO of HLS Technologies Inc. "We needed fast start and low risk and that is why V-Sub with its EMEA / APAC experience and framework was the logical choice to drive this initiative."

Rob Oliphant, CEO of V-Sub said, "We are delighted to be heading up the EMEA initiative. I have been impressed at the passion and expertise showed by the HLS team, a passion which seems to transfer to their customers. We believe that this is a great time for niche companies like HLS to really make an impact in what is rapidly becoming a best of breed culture again."

About Virtual Subsidiary
Virtual Subsidiary provides business growth, risk assessment, and statutory compliance. Using a combination of services and solutions V-Sub enables clients to focus on core competencies while growing their virtual international organization.

V-Sub's team of strong performers in sales, marketing, business development, finance and risk assurance disciplines combine deep domain market knowledge with a track record of getting results. Companies look to V-Sub to accelerate revenue streams, assess risk, and ensure compliance. V-Sub is privately held with locations in the UK and Australia. For more information visit www.v-sub.com.

About HLS Technologies Inc.
HLS Technologies, Inc. offers a unique set of DB2 tools that enhance the stability and consistency of DB2 applications. They are designed to prevent, detect and correct problems before they impact the business. They are easy to install and use, dependable, and cost effective extensions for DB2 professionals. Contact:
V-Sub Media Relations
media@v-sub.com