IT Source receives accolades from clients. The success of a Blood Donor Management System
since June 2003 is continued with further expansion through the summer of 2004. Client in Israel
say that they are very impressed with the smooth transition of outsourcing as IT Source sources
and manages its relationships with multiple vendors. Three months project in Cobol leads to
another one year extension of the work.

IT Source works with NAWBO in organizing SWIB (Successful Women In Business)
conference on July 14th. Sush will conduct a workshop on outsourcing to give businesses a
competitive edge in today’s global marketplace.

IT Source has partnered with a prominent U.S. based firm specializing in bringing foreign
companies to the U.S. and European markets via OEM deals, mergers & acquisitions, and capital
infusion.