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Panergy Ltd. Upgrades icWord and icExcel To Offer More Usability

New versions give added functionality for reading Word, Excel & PowerPoint files

LOS ANGELES, CA, June 03, 2003 — -- As the cost of software programs continues to rise, many Mac users are looking for alternatives to purchasing full versions of commonly-used Microsoftš products. For those who simply require the ability to open, read, export, and print Microsoftš Office files, Panergy Ltd. has a cost-effective and practical solution.

Panergy Ltd. recently announced upgrades to two of its programs (icWord and icExcel) that give Mac users the ability to open, read, export, and print Microsoftš Word, Excel, and PowerPoint files without the need for purchasing these expensive Office programs.

icWord was first launched in 2000 and offered Mac users a quick and easy way to open, view, and print Word files created on either Mac or PC. Likewise, icExcel was first offered in 2001 giving Mac users the ability to open, view, export, and print Excel files created on either PC or Mac. Welcomed with high regard within the Mac community, these programs have grown to be favorites of computer users around the globe.

Today, Panergy Ltd. announced further upgrades to icWord and icExcel.

icWord 3.0 provides the ability to open and view PowerPoint presentations, offers better opening and saving capabilities with AppleWorks files, gives more conversion options, and displays and saves NisusWriter files. icWord version 3.0 also offers better support of fields and large tables, improved viewing of RTF documents, improved font substitution, and enhanced WordArt rendering along with many other worthy advancements.

icExcel version 2.0 provides the ability to show and save spreadsheets in Excel XML format; displays Excel text boxes, Word Art, and various other elements; offers improved printing with Mac OS 8.6 and 9.x; recognizes quoted text upon opening files; gives improved functionality with AppleWorks files; and other useful upgrades.

About Panergy Ltd:

Panergy Ltd., a leading developer of software for the Mac since 1992, creates viewing and conversions solutions that enhance the workflow for print and Web publishing.

Panergy's single user solutions are icWord -for viewing Microsoft Word, Microsoft PowerPoint, NisusWriter and AppleWorks documents- and icExcel -for viewing Microsoft Excel and AppleWorks spreadsheets.

For more information about Panergy's file conversion and viewing solutions, please visit http://www.panergy-software.com

Press Contact:
Mickey Sonnenschein
Panergy Ltd.