FOR IMMEDIATE RELEASE

OLMEC ADDS IP TELEPHONY TO ITS TECHNOLOGY MENU

DENVILLE, NJ, February 1, 2003 – Olmec Systems, Inc. today announced a partnership with 3COM to offer the 3COM NBX Telephony solution. 3COM is a forerunner in the IP Telephony space, with 6 years of practical product experience. IP Telephony brings Olmec one step closer to providing its clients with a “one vendor” approach to their overall technology needs.

“We chose 3COM over the competitors for several reasons. The product has been field-proven for over half a decade, and the technology is no different than the technology that drives computer networking” stated Forte; “but the main factor is the absolute fit with the small-biz sector. This system has the features, the price, and the ROI value that small business owners look for, and that is key to any technology that we bring to the market”.

Both the sales and technical staffs of Olmec have completed all of the training necessary for the partnership, something that owner Chris Forte feels strongly about. “Many of the other dealers, some larger than us, sent the minimum required 2 technicians to training. We sent our entire technical staff so that we could provide the type of knowledgeable support our clients are accustomed to”.

More about Olmec Systems - Olmec Systems (www.olmec.com) is a technology integrator servicing the small business sector throughout New Jersey and Manhattan, as well as providing specialized services to the small broker-dealer and hedge funds communities. Olmec specializes in Microsoft based LAN and WAN installations and provides a full breadth of office technologies. Olmec Systems is headquartered in Denville, NJ.