GroveSite Shortlisted to Present at IBDNetwork's Under the Radar Event

GroveSite Brings Wiki-style Collaboration to Today's Cross-Firewall Teams

(Phoenix, AZ November 15, 2005) -- GroveSite today announced that it has been chosen to present at the third Under the Radar one-day event, with a focus on Enterprise Technologies. Under the Radar will take place on November 16, 2005 at the Microsoft campus in Mountain View, CA.

Under the Radar will showcase young technology companies in eight emerging sectors within the enterprise technology space including: extrusion prevention, identity management, next-generation business intelligence, information lifecycle management, source-code analysis, second-generation RFID, data-center virtualization, and multi-platform productivity tools. Under the Radar's signature format showcases four companies within a similar sector, with a hard-hitting Q&A from judges and audience members, highlighting growth opportunities and challenges in each sector.

Judges hail from leading venture capital firms such as Allegis Capital, Accel Partners, Advanced Technology Ventures, Kleiner Perkins Caufield & Byers, Trident Capital, Hummer Winblad, Intel Capital, JPMorgan Partners, Morganthaler Ventures, and SAP Ventures..Industry luminaries such as Michael Copeland senior writer of Business 2.0, Tom Foremski, editor of Silicon Valley Watcher, and Steve Fox, editor-in-chief of InfoWorld are among the speakers who will moderate the sessions.

GroveSite was handpicked by the IBDNetwork editorial team and Under the Radar advisory board based on its review of over 300 companies in this space.

GroveSite (www.grovesite.com) makes it easy to work with far-flung colleagues, suppliers, customers and partners. Its hosted on-demand collaboration service enables teams to have a single source of up-to-date files and project information. GroveSite uniquely combines wiki-style collaboration features with easy project management. Unprecedented ease-of-use and simple browser access allow same-day startup without team member training. GroveSite is an ideal solution for multi-enterprise teams and those who need to collaborate securely outside their firewall.

"We're excited to be selected for Under the Radar," stated GroveSite President Joe McVicker. "Over the last two years we've quietly built up an impressive list of clients – large and small - who are crazy about our easy web collaboration technology. This conference gives us a chance to let more people know about us."

"Under the Radar gives emerging private companies an opportunity to present and receive feedback on their technology and business model from investors and potential strategic partners in a unique, interactive format," said Alison Murdock, president of IBDNetwork. "Our advisory board of VCs and executives from leading technology and service firms evaluated more than 300 early-stage companies and selected GroveSite based on its promising technology and compelling market opportunity." To learn more about Under the Radar, visit http://www.ibdnetwork.com/index.php?option=content&task=view&id=146

About IBDNetwork – www.ibdnetwork.com

IBDNetwork is a Silicon-Valley based "club for dealmakers." Its events and editorial offerings cover the business side of technology including: industry trends; emerging and established companies; new business models and strategies for growth; and dealmaking from partnerships to investments. It focuses on the individuals and companies that drive innovation with an offline and online community of CEOs, corporate development executives, VCs and financiers, and journalists.