PALO ALTO, Calif., May 28 -- Think Computer Corporation and Facebook announced today that they have settled all outstanding claims, including all of Think's claims related to Facebook's registered trademarks.

Think's CEO and founder, Aaron Greenspan, attended Harvard with Facebook CEO and founder Mark Zuckerberg in 2002-2004, where both were entrepreneurially minded programmers. Starting in August 2003, Think released a web based student portal called houseSYSTEM through a Harvard student group. This software was designed to make life easier for students, faculty, and alumni. By September 2003, houseSYSTEM featured a section (devised and implemented by Greenspan) called "The Universal Face Book" (sometimes called "The Face Book").

Think's system contained a number of features, including a course scheduler, student marketplace, email service, automatic birthday reminder, message boards, photo album, digital flyer advertising, event calendar (with online RSVP's), map integration, job placement, and local business reviews. At launch, houseSYSTEM did not feature member profiles due to campus security concerns. Profiles were added after Zuckerberg launched Facebook in February 2004, along with new features, allowing friends to record the way they had met and noting the strength of their relationships.

Mark Zuckerberg, founder and CEO of Facebook, said "Aaron and I studied together at Harvard and I've always admired his entrepreneurial spirit and love of building things. I appreciate his hard work and innovation that led to building houseSYSTEM, including the Universal Face Book feature. At school, I was even a member of houseSYSTEM. We are pleased that we've been able to amicably resolve our differences."

About Think

Think was founded in 1998 with the long-term goal of developing simple, useful computer software. From its inception through 2001, the company offered IT consulting services to over 150 clients. Today, it writes software programs that make businesses and organizations worldwide more productive. Think is on the web at http://www.thinkcomputer.com