Stamford, CT based Clarus Corporation is executing an asset redeployment strategy where it will use its substantial cash resources to acquire or merge with an operating business that will serve as a platform company, enhancing future shareholder value. The Company is pursuing an opportunistic, value-focused investment strategy and is not targeting any specific industries. Clarus is seeking opportunities in both domestic and international markets and is targeting companies with substantial free cash flow, experienced management, significant size to serve as a platform company, and the opportunity to expand the business through organic growth and add-on acquisitions. Potential investment candidates should contact Gary Julien or Philip Baratelli at (203) 428-2000.

In December 2002, Clarus completed the sale of the operating assets related to its prior software business to Epicor Software (NASDAQ: EPIC). For more information or product support, contact Epicor.