Cocomputing Corp. secured funding from the venture branch of Wuxi government in Jiangsu Province of China.

Wuxi, China, July 22, 2009

Cocomputing's plan to build the largest outsourcing community based on Agile development attracted great interest from some local governments in China. Our plan is to build an online platform to support Agile software development, project management, team collaboration and outsourcing. This will aggregate the resources of most small and midsized outsourcing firms around the world, especially in China, and greatly help the local government to transform their industrial structure from manufacturing to IT and other green technologies. Cocomputing's business model and plan fits the long term strategy of China's next wave of development.

After months of due diligence, deliberation and negotiation, Wuxi government agreed to fund Cocomputing's plan and provide many favorable policies to help Cocomputing's expansion in Wuxi. Cocomputing will be expanding in Wuxi by adding more development teams there.

About Cocomputing Corp.

Cocomputing Corporation is a leading Agile development and consulting service provider based in Portland, Oregon in United States. Our Agile development, consulting and training teams are dedicated in helping our clients to succeed in business. To find out more about Cocomputing, please visit http://www.cocomputng.com .

About Wuxi

Wuxi is a beautiful city located in the close adjacency of Shanghai, Suzhou and Nanjing. Its affordable and nice living condition and access to talents from many universities around the area have attracted many businesses. In the past decade, Wuxi has become an international city as the home to many international businesses.