NEWS

Ascot Technologies, Inc. Moved to New Facility

FOR IMMEDIATE RELEASE

Cary, NC – October 28, 2002 – Ascot Technologies, Inc., a software and systems integration company specializing in wireless applications, has moved its headquarters to 109A Kilmayne Dr. in Cary. Ascot Technologies, Inc. provides companies and mobile workers real time wireless access to data from a cell phone or wireless PDA.

According to Roger Livingston, Ascot’s Regional Sales Manager, “This facility will enable us to better serve our customers by providing space for development and training. With the leading-edge products we provide, education and service are an important part of our job.”

Ascot Technologies provides custom, semi-custom and standardized solutions including inventory management, customer relationship management, order management, medical and real estate applications. Ascot’s most recently announced product, AscotRE is powerful new software which provides real estate professionals with wireless real time access to MLS data from a cell phone.

“Vertical applications drive the wireless data business,” said Don Sutherland, Associate Director of Strategic Accounts, Verizon Wireless. “Ascot Technologies targets a very mobile workforce providing them with a platform to better respond to their customers and increase productivity.”

Ascot Technologies’ CEO Mary Ellen Randall spoke about this further step in their expansion. “We are very pleased to be playing an important role in the wireless application development marketplace which is ready to explode. With the deployment of 3G cellular networks, applications can play a more significant role in driving business costs down, improving efficiency and improving customer satisfaction.”

Contact Information
Mary Ellen Randall
Ascot Technologies, Inc.
(919) 388-1776

mer1@ascottechnologies.com