Acquisition Helps Fuel CodeLab’s Push into Financial Services sector, Strengthens Allin’s Vertical Capabilities

July 26, 2005 -- Allin Corporation (OTCBB: ALLN), a leading Microsoft Gold Certified Technology Consulting firm, announced that it has acquired CodeLab Technology Group of Wakefield, MA. CodeLab will operate as a business unit under the continued leadership of David Ritchie, CodeLab’s founder and CEO, and John Francis, CodeLab’s President. Rich Talarico, CEO of Allin Corporation stated that he was thrilled that the CodeLab Technology Group team has agreed to join Allin to lead their push into the financial services sector.

According to David Ritchie, CEO of CodeLab Technology Group, “Allin’s ability to consistently earn accolades from both their clients and from Microsoft, where they are a multi-location Gold Partner and have recently been named Partner of the Year for Northern California, impressed us tremendously. As an independent company, we have made excellent progress within the financial services industry working with top-tier clients such as Thomson Financial and Citigroup. We were very careful to ensure that this merger clearly benefited our existing clients, while providing us with the resources and visibility to continue to expand within this sector. This transaction provides our stockholders, our employees and, critically, our clients, with tremendous benefits.”

Rich Talarico, CEO of Allin, added , “Given Microsoft’s increasing focus on the financial services sector, CodeLab’s demonstrated track record of excellence within this sector and their deep technical expertise, this move was extremely compelling for us. We look forward to working with Dave and John to support their continued growth within this sector while building on our long-standing relationship with Microsoft. It was instantly clear to us that CodeLab was both talented and well run, but even more importantly, they are a great fit from a technical, professional and cultural perspective.”

“Addressing the range of technical requirements that our larger financial services clients require can stretch the capabilities of an independent entity. By joining with Allin and leveraging their impressive relationships and technical expertise, we can extend our client relationships, while continuing to focus on the things that we do best,” stated John Francis, President of CodeLab Technology Group.

Strategic Ventures http://www.strategicventures.com assisted CodeLab Technology Group in the transaction. Terms of the deal were not disclosed.

About CodeLab Technology Group

CodeLab Technology Group develops mission critical applications for Financial Services firms in need of flexible, high-value software solutions. Their high quality, rapid development methodology is supported by a robust, extensible framework, extensive financial industry domain expertise, and a track record of successful application development within this sector. Whether creating applications that address new legislative mandates or that improve existing business processes, CodeLab Technology Group consistently delivers solutions that are on time, on budget and on point. The Company maintains their headquarters in Wakefield, MA. For additional information about CodeLab Technology Group, visit the Company’s internet site at http://www.codelabtech.com/.

About Allin Corporation

Allin Corporation is a leading provider of solutions-oriented application development and technology infrastructure consulting and systems integration services. Allin specializes in interactive media and Microsoft-based technologies with operations centered on four practice areas: Interactive Media, Technology Infrastructure, Collaborative Solutions and Business Process. Allin leverages its experience in these areas to work with clients through a disciplined project delivery framework to ensure that solutions are delivered on time and on budget. Allin delivers these services through the trade names Allin Consulting and Allin Interactive. The Company maintains offices in Pittsburgh, Pennsylvania, Ft. Lauderdale, Florida, Wakefield, Massachusetts and San Jose and Walnut Creek, California. For additional information about Allin, visit the Company’s Internet site on the World Wide Web at http://www.allin.com/.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to the safe harbors created thereby. These forward-looking statements are based on current expectations and projections about future events and financial trends. The words or phrases “continue to expand,” “support their continued growth”, “can extend” and similar words or expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations or other characterizations of future events or circumstances are forward-looking statements. The forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including, among other things, the Company’s limited operating history under its new marketing strategies, risks inherent in the development of new markets and products, the need for management of growth, limited capital and competitive market conditions. These are representative of factors which could affect the outcome of the forward-looking statements. In addition, such statements could be affected by general industry and market conditions and growth rates, general domestic and international economic conditions and future incidents of terrorism or other events that may negatively impact the markets where the Company competes. The Company undertakes no obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.

CONTACT:

John Francis
President
CodeLab Technology Group
Phone: (781) 213-6917
Telefax: (781) 213-6908
E-Mail: jfrancis@codelabtech.com

Dean Praskach
Chief Financial Officer
Allin Corporation
Phone: (412) 928-2022
Telefax: (412) 928-0225
E-mail: Dean.Praskach@allin.com