IntraNet Solutions, Inc. announced that in July 2001 it acquired select assets of RESoft, a wholly-owned subsidiary of Stonehaven Realty Trust and a provider of end-to-end content management solutions for the real estate and legal industries, for 200,000 shares of IntraNet Solutions common stock valued at approximately $5.5 million. IntraNet Solutions will integrate RESoft’s SmartCabinet content management product, which is built on IntraNet Solutions’ Xpedio Content Management system and designed for vertical markets such as real estate and legal, into its own product line. This will enable the company to utilize SmartCabinet’s specialized functionalities for other vertical markets, such as financial services and insurance. Through the acquisition, IntraNet Solutions will obtain 12 RESoft employees, including Mary Henschel, former president of RESoft, and developers and consultants with expertise in developing content management software products for the real estate and legal industries. IntraNet Solutions expects to release the first integrated product with RESoft technology in the third quarter ending December 31, 2001 of its fiscal year 2002. www.intranetsolutions.com

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