Centage Corporation and CRG forge Strategic Alliance Partnership

FRAMINGHAM, Mass., - November 21, 2002 - Centage Corporation, a leading provider of financial management solutions, today announced an alliance with Corporate Renaissance Group (CRG) as their strategic business partner and exclusive distributor in Canada, Caribbean and South Africa. CRG, a leading provider of software and solutions that drive better business management and performance will distribute and implement Centage's Budget Maestro budgeting, planning and financial reporting system.

"We are pleased to form this strategic partnership with CRG. They share our commitment to providing first class, complete corporate budget software solutions to small and midrange enterprises", says Kamran Sassoon, Centage CEO. "CRG will be instrumental in strengthening our presence outside of the US and in the ongoing development of integrated financial management solutions."

CRG's decision to distribute Budget Maestro corporate budget software was based largely on the product's demonstrated ability to cost-effectively address the needs of the small to mid-sized organization. Budget Maestro's strong out-of-the-box functionality, ease of implementation and use coupled with Centage's commitment to partner support has all the ingredients for a successful relationship.

"Budget Maestro has the ability to empower organizations through effective budgeting, planning and reporting processes," says Dr. Vijay Jog, president of CRG. "Combined with our expertise in providing comprehensive financial management solutions we're ensuring that our customers receive the quality solutions they have come to expect from CRG."

About CRG
Founded in 1989, CRG is a global provider of innovative solutions and services that drive better business management and performance. With expertise in corporate finance, shared services implementation, competitive analysis, knowledge creation and software development, CRG gives clients a competitive edge by enabling the cost-effective and efficient transformation of enterprise assets into business-critical information.

Headquartered in Ottawa, Canada with offices throughout North America, South Africa and India, CRG provides global solutions to global challenges. Products include a comprehensive suite of activity-based costing, performance measurement and business management applications, which are sold directly and are also available from a global network of more than 500 partners and resellers

For Information Contact:
Kerry Winnemore
Marketing Communications Coordinator
Corporate Renaissance Group
(613) 232-4295, ext. 287
kwinnemore@crgroup.com

About Centage
Centage Corporation provides turnkey financial management solutions that enable organizations of all sizes sophisticated but easy-to use corporate budget software, forecasting and reporting capabilities. Centage Corporation is headquartered in Framingham, MA and is privately owned. For more information visit www.centage.com or contact Centage Corporation at 866.423.6824.

Media Contact:
Holly Intravia
713.344.2440 ext. 2442
mediainquiries@centage.com