Press Release

Pegasus Technologies, Inc. to replace multiple software products with Pentagon 2000SQL™, A single all encompassing enterprise solution.

Pegasus Technologies Inc., a Research and Development, Test and Evaluation, and FAA Certified Repair Station looks to improve productivity and make operations more efficient by implementing the Pentagon 2000SQL enterprise software solution.

New York, New York, May 22, 2006 -- Pentagon 2000 Software Inc., a leading provider of software solutions for the management of aftermarket service operations, announced today that Pegasus Technologies, Inc., headquartered in Green Cove Springs, Florida, has selected Pentagon 2000SQLTM as their new enterprise software solution. Pegasus Technologies chose to replace their existing systems in order to improve efficiency, profitability, and control of their business. Pegasus Technologies will manage all day-to-day operations utilizing Pentagon 2000SQL’s fully-integrated application, including Materials Management, Work Order Management of helicopters and fixed wing aircraft, Component Repairs and Overhauls, Maintenance Management of both helicopter and fixed wing aircraft, and Financials.

Pentagon 2000SQL’s industry leading and fully integrated aviation specific ERP system was selected by Pegasus Technologies after a thorough evaluation was conducted. “Pegasus Technologies found Pentagon 2000SQL to have the most complete solution encompassing all of the functions Pegasus required in a single solution. The expansive growth that Pegasus has been experiencing highlighted the difficulties of running many disparate systems” said Kathy Forfa, Systems Administrator at Pegasus Technologies.

Of significance to Pegasus Technologies, was the capability for Pentagon 2000SQL to provide real-time data across the enterprise from accounting to aircraft status. Pegasus Technologies plans to convert data from the existing systems and implement Pentagon in order to take advantage of the productivity improvements that they expect to receive from streamlining operations and consolidating control under a single integrated solution.

About Pegasus Technologies, Inc
Since 1993, Pegasus Technologies is a research and development, test and evaluation, and FAA Certified Repair Station located in Green Cove, Florida. For over 21 years Pegasus Technologies’ emphasis has been on service to the customer.

Pegasus Technologies believes that the basic values of its people are professionalism, competence, and knowledge. The cornerstone of these values rests on teamwork. The combined attributes of Pegasus Technologies’ people and products have built the foundation for dedication to the customer in pursuit of increasing levels of excellence.

About PENTAGON 2000 Software, Inc.    (
PENTAGON 2000 Software Inc. is a leading supplier of enterprise software systems in the Aerospace, Defense and Electronics industries. PENTAGON 2000 develops, licenses and supports PENTAGON 2000SQL, a state of the art, fully integrated software system that conforms to the unique business processes, quality assurance systems and regulatory requirements found in the Aerospace, Defense and Electronics Industries. PENTAGON 2000SQL is the leading, integrated solution for enterprises and functional units engaged in the following operations and activities:

   Parts Distribution and Brokerage
   Repair and Overhaul of Complex Equipment
   Logistics Supply
   Heavy Aircraft Maintenance and Depot Maintenance
   PMA, Build-to-Print and Discrete Manufacturing of Technical Products
   Government Contracting
   Commercial and Military Air Fleet Operation
   Fixed Base Operations

For more information on PENTAGON 2000SQL, Contact:
PENTAGON 2000 Software, Inc.
15 West 34th Street, Fifth Floor
New York, NY 10001
Tel: 1-800-643-1806
Tel: 212-629-7521
Fax: 212-629-7513

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