NEWS

Wireless Product Makes Real Estate . . . Real Time

FOR IMMEDIATE RELEASE

Wireless Product Makes Real Estate . . . Real Time July 18, 2002

Ascot Technologies, Inc. announces powerful new wireless software for Real Estate Professionals, called AscotRE. The software which runs on a cell phone*, gives Realtors real time access to a wide variety of home listing information, including listing agent, square footage, price, schools, interior details, exterior details, and more.

Initial reaction to the product has been overwhelmingly positive. According to Mary Ellen Randall, CEO of Ascot Technologies, "we are very pleased with the speed, efficiency, and mobility of this product and believe it will provide value to both selling and listing agents."

Real Estate Professionals have been beta testing this product around the Triangle area using cellular networks including ALLTEL and Verizon. "ALLTEL has supplied the demo phones for this product and they are working very well with this new software technology," said Patrick Lundergan, ALLTEL Business Sales Representative

Contact Information

Ascot Technologies, Inc.
1939 High House Rd. #233
Cary, NC 27519
(919) 388-1776