San Mateo, CA, September 19, 2006 - Laszlo Systems, the original developer of OpenLaszlo, the leading open source platform for building and deploying advanced Ajax applications, today announced that the company has been selected out of more than 500 candidates as a MOMENTUM 2006 company for the upcoming IBDNetwork Momentum Growth Conference. Alongside other digital life visionaries, including Facebook, Pandora, and Sling Media, Laszlo will be honored at IBD’s first Momentum Growth conference, which is being held on September 27- 28, 2006 at the Computer History Museum in Mountain View, Calif.

IBDNetwork's distinguished selection committee chose the thirty MOMENTUM 2006 finalists based on key company and market measurements. Each company is an industry leader that has demonstrated significant revenue growth over a short period of time, as well as substantial user-base size, customer adoption and strategic, highprofile partnerships.

"We are proud to honor Laszlo Systems and are impressed by what they've been able to achieve in two short years after taking OpenLaszlo open source," said Debbie Landa, CEO of IBDNetwork. "With this prestigious invitation, all of our Momentum companies are being recognized as 'ones to watch.' We consider them role models for growing exponentially while gaining rapid traction in an exploding market."

"It is an honor to be recognized by IBDNetwork as a result of our hard work and the OpenLaszlo community's dedication," said Laszlo's Chairman and CEO, Steve Ciesinski. "Following the recent announcement of the close of our Series C funding, continued innovation and further market adoption are certainly top of mind at Laszlo. We look forward to sharing the Laszlo story during the upcoming conference."

To learn more about the company, join Co-Founder and Chief Technology Officer David Temkin, for an in-depth Laszlo overview on Wednesday, September 27th at 2:00 p.m. Pacific Time.

About IBDNetwork IBDNetwork is a media company at the intersection of business and technology whose conferences, research, and online publications connect investors, executives, press, and tech innovators with first-hand information about leading-edge technologies, emerging trends and markets, and the business opportunities they offer. IBDNetwork creates dynamic environments that combine practical knowledge and direct interaction with key industry players. IBDNetwork is committed to getting the right facts, dispelling the hype, and making the connections that put new companies, trends, and business models into context. For more information, please visit www.ibdnetwork.com

About Laszlo Systems Laszlo Systems is the original developer of OpenLaszlo, the leading open source platform for building and deploying Web 2.0 applications. OpenLaszlo technology has been widely adopted by application and service providers in the consumer, enterprise, education and government markets. Laszlo Systems provides updates, training and support for OpenLaszlo and offers rich-experience web-based digital life applications such as Laszlo Mail, built on OpenLaszlo.

For more information about San Mateo, Calif.-based Laszlo Systems, visit www.laszlosystems.com.