Los Angeles, Calif. – May 1, 2008 – AMULET Development Corp. is pleased to announce the launch of www.HostedDatabase.com, a new entry in the Software-as-a-Service (Saas) industry. Five on demand applications are offered at launch: Contact Management (CRM), Time and Billing, Project Management, Event Management, and Expense Tracking. More applications will be added periodically, but the customer pays only one low monthly per-user seat fee for access to all available applications. Unlimited application storage is provided.

HostedDatabase.com is an evolutionary new version of eCriteria, the Internet's first web-hosted database service, originally available in 1999. HostedDatabase.com is still based on the eCriteria Web Database Engine, and all previous functionality remains available to the existing user base in over 50 countries. eCriteria was the first exclusively web-based service allowing businesses to publish database content on the web and attach it to an existing website.

The new service offers small businesses, and corporate workgroups complete web application templates. Users can create a new application in seconds using our new "Click-and-Run" web application creation wizard. Web applications use relational database structures to host your business data in an organized fashion.

A Word From the CEO

“The new HostedDatabase.com represents an important milestone for our company. We envisioned the step towards complete web applications soon after the launch of eCriteria in 1999" says Dan D. Gutierrez, AMULET’s founder and CEO. “But as a self-funded company, we tempered slow and steady growth with a strategic product development cycle. Our new service is the result of this process, as we remain a small, growing and profitable company.”

# # #