Soluziona’s Managed Pay and BCM Business Units
Become Miria Systems, Inc.

Edison Venture Fund Invests in FileNet® Partner

MEDIA, PA AND OAKLAND, CA  — November 6, 2006 — Backed by a multi-million dollar investment from Edison Venture Fund, the Business Content Management consulting and ManagedPay software businesses of Soluziona USA have been consolidated into a new company called Miria Systems, Inc. (Miria is pronounced Mariah or Mer-EYE-ah). The new company – announced today at the FileNet UserNet 2006 Conference – will provide packaged software applications, tailored solutions and custom development to help businesses streamline processes and workflow management.  Edison Venture Fund's investment capital will be used for customer support, product development, marketing, sales and infrastructure improvements.

“We’ve helped a number of Fortune 2000 companies – particularly those in manufacturing and energy – transform their back office operations,” said Matt Townley, the newly appointed CEO of Miria Systems.  “As a FileNet ValueNet partner, our deep expertise in FileNet, the industry’s leading provider of Enterprise Content Management solutions, has helped companies manage unstructured and structured data and realize significant efficiencies and cost savings.”

Miria Systems is headquartered in Media, Pennsylvania, with additional offices in Oakland, California; Houston, Texas; and Pittsburgh, Pennsylvania.  Its clients include Georgia-Pacific, GlaxoSmithKline, Hewlett Packard, Merck, Toyota and Vanguard Group.

“Miria Systems is poised for rapid growth,” said Doug Petillo, a partner in Edison Venture Fund. “Customers praise their advanced technology, domain expertise and dedicated service.”

About Miria Systems

Miria Systems provides business process automation software products and services as well as implementation and support services for ManagedPay, the leading application solution for automated invoice management built on the IBM FileNet P8 architecture.  For more information about Miria Systems, please see: http://www.miriasystems.com.

About Edison Venture Fund

Established in 1986, Edison partners with entrepreneurs, service providers and other financing sources to build successful companies. Edison provides capital and value-added services to expansion stage ($5 to 20 million revenue), information technology businesses. Initial investments range from $4 to 7 million. Edison typically serves as a sole or lead investor in financings up to $10 million. In addition to providing growth capital, Edison funds management buyouts, recapitalizations, spinouts and secondary stock purchases.

Edison's 15 investment professionals are based in three offices: Lawrenceville, NJ, West Chester, PA, and McLean, VA. Industry specialties include application software, communications, financial services, healthcare and pharmaceutical IT and electronics. Edison’s successes include Best Software, BTG, Dendrite, E-Transport, Gain Capital, Netegrity, MAPICS, Princeton Financial, Voxware and many information technology leaders, which have a combined market value exceeding $5 billion. Edison currently has $480 million under management and is actively making new investments.

For more information about Edison Venture Fund, go to: http://www.edisonventure.com

Direct Link: Word Document (.doc)

Media Contact:
Mike Bush
Phone: (301) 230-0045 ext. 19
mbush@rmr.com
www.rmr.com