Press Release

October 23, 1998

FOR IMMEDIATE RELEASE

A PRIVATE INVESTMENT GROUP BUYS SUBSTANTIAL EQUITY INTEREST

IN PENTAGON 2000 SOFTWARE, INC.

New York, New York , October 23, 1998 - Pentagon 2000 Software, Inc., the leading provider of high end software solutions for the aerospace and defense industries, today announced that a private investment group made a significant investment in the software company. This financial commitment emphasizes the continued faith and growth of the PENTAGON 2000 product line and the company's unique vision for the next millennium.

The funds will be used to accelerate Research & Development operations for the next generation Windows-SQL and Internet products, expand the marketing department and enhance its already renowned customer service department.

 

About Pentagon 2000 Software, Inc.

Pentagon 2000 Software is a global leader in the development and marketing of fully integrated aerospace and defense software products. Its software is designed to provide a high quality operation management software system for the demanding requirements of those industries. Pentagon 2000 Software product line now includes inventory management, sales and marketing, purchasing, accounting, rotables, exchange management, work orders, aircraft maintenance, record keeping, aircraft modification, document imaging, special inventory management (such as lot purchases and consignments ), manufacturing, engine overhaul and tear down operations.

 

TO CONTACT PENTAGON 2000 Software, Inc.

TEL: 800 643-1806

TEL: 212 629-7521

FAX: 212-629-7513

info@pentagon2000.com

http://www.pentagon2000.com

 

Mailing Address:

350 Fifth Avenue

The Empire State Building

63rd Floor

New York, N.Y. 10118-6399