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Press Release

For Immediate Release:
February 20, 2004
Contact: Dan Gibson
Email: GibsonD@ADAKsystems.com
Phone: (518) 339-0183

ADAKsystems Receives Investment
Company Plans to Develop New Product and Expand Marketing Program

Ballston Lake, NY – February 20, 2004 - ADAKsystems LLC announced today it has received $150,000 in convertible debt financing. The funds will be used to develop a web-based product to better manage manufacturing projects and to expand special marketing programs to start-up companies.

Chris Trow, president of ADAKsystems, said, “This funding will allow us to drive our growth with two key investments. We plan to partner with an Atlanta software developer to add an exciting new product that will give greater visibility and scheduling capabilities to manufacturing project managers. This product will integrate all the details of the production process into an easy to view and manipulate project manager desktop. We will also be able to offer our ‘We’ll Bet on You’ marketing program to start-up businesses, where they can defer software payments until and if they reach growth milestones.”

About ADAKsystems:
Located at Northway 10 Technical Building, 321A Ushers Road, Ballston Lake, NY, 12019, ADAKsystems LLC specializes in helping manufacturers in New York, Vermont and Massachusetts reduce costs, streamline business processes, and improve profitability. They offer affordable software and the systems expertise to make software work in your environment. See www.ADAKsystems.com or contact Dan Gibson at (518) 339-0183 for more information.


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