Parity News Release

For Immediate Release

Tom Williams Appointed President of Parity Corporation

March 30, 2007, Bothell, Wash. - Parity Corporation announced today that, effective immediately, Tom Williams will serve as President of Parity Corporation. Williams succeeds Arvid Tellevik, who will remain as Chief Executive Officer.

During his seven-year tenure as Vice President of Parity's consulting team, Williams has been a strong advocate for the integration of client requirements with Parity's product features and functionality. His success is evident in companies like Cooke Aquaculture, where in less than one year their systems have achieved a higher than expected return on investment. Under Williams' leadership, Parity Consulting has more than doubled its staff and greatly expanded its client base.

"Tom has been a critical part of the Parity organization. He has not only been an outstanding leader of our consulting team, but has also worked closely with our development team to create products that are able to migrate and evolve over time, meeting the unique and changing needs of our customers as well as the food industry," said Tellevik. "I am confident that Tom's professional, straightforward approach and incredible grasp of food manufacturing operations will continue to drive Parity to the next level in our ability to increase throughput, enhance productivity, and achieve a real, measurable ROI for the companies we work with."

Tellevik, the founder of Parity Corporation, will continue to guide Parity as CEO focusing his energies on the development of strategic partnerships and overall company vision. "I look forward to working even more closely with companies such as Microsoft and Coolearth Software to help shape the future of the food manufacturing industry."

About Parity Corporation
Parity Corporation is the leader in food industry software and services. For more than two decades, Parity's team of food industry specialists have delivered advanced information technology and business management solutions to the food industry. Parity's fully integrated real-time applications bring all aspects of a food manufacturing operation, from procurement through to traffic management, into one system that streamlines business processes making them more efficient, increasing visibility into operations, and providing accurate, reliable information for making successful business decisions.

For information about Parity Corporation, please visit www.paritycorp.com.

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Contact:
George Fletcher
EVP, Business Development
425.408.9500 ext. 514
gfletcher@paritycorp.com