LOS ANGELES, March 7 /PRNewswire-FirstCall/ -- Starwood Research announced today that it has initiated active coverage of Riptide Worldwide Inc. (OTC Bulletin Board: RTWW), an emerging consolidator in the fast-growing business process management software industry.

In a Starwood Research Analyst Note, Andrew White, CFA writes that RTWW represents "compelling upside potential" in light of CEO Frank Wilde's ambitious efforts to bolt profitable technology providers onto his company's established enterprise software solutions business. However White notes that while M&A has already substantially enlarged Riptide's operational profile, investors have yet to catch up to the story, leaving shares substantially undervalued by peer standards.



    Key value drivers:

    -- RTWW is operating in a segment of the computer services market that
       offers both solid organic growth prospects and stable recurring revenue
       streams. The company has proven to be a nimble competitor versus giants
       in its field, winning a blue-chip list of long-term enterprise clients
       in both government and commercial markets.

    -- With close to 40 deals under his belt (including three for RTWW in
       2007), Mr. Wilde has already demonstrated his flair for M&A. He
       continues to pursue further consolidation opportunities (perhaps at the
       rate of one acquisition per quarter) with the goal of building a $100
       million operation by the end of 2008. He stresses that this is not
       growth for its own sake, but a strategic campaign to add both
       profitable businesses and expertise to the existing corporate base.

    -- While RTWW is already breaking even on an EBITDA basis (and expected to
       break out into outright profitability in early 2009), Mr. White notes
       that the stock remains relatively undiscovered by investors, leaving
       shares trading at a steep 70% discount compared to other small-cap
       technology providers on a price-per-sales basis.

The full analyst note on RTWW, along with an audio interview with Mr. Wilde, can be found at www.StarwoodResearch.com/ceointerviews.

Starwood Research Institute provides research on stocks that have exponential growth and explosive profit potential. Our focus is on high-risk, highly speculative emerging growth stocks that offer upside profit potential of 500% to 1,000% or more. Starwood's Analyst Notes and CEO interviews (available free at: www.StarwoodResearch.com) are unique because they are conducted by highly experienced investment analysts, who have all earned the CFA (Chartered Financial Analyst) designation, the highest standard in ethics and professional excellence in the investment community. Full compensation/conflicts of interest disclosure is online at www.starwoodresearch.com

About Riptide Worldwide Inc.

Riptide delivers business process management software solutions and service offerings. Riptide is an emerging leader in this industry and has a commitment to deliver tangible business results to its customers. The company has a strong track record of delivering mission-critical, reliable solutions on custom, mid-to-large-scale software systems for government, commercial, and utility customers.

Web site: http://www.starwoodresearch.com/

http://www.starwoodresearch.com/ceointerviews
              http://www.riptide.com

SOURCE Starwood Research Institute; Riptide Worldwide Inc.