Advanced Business Sciences Names James Stark as Vice President and Chief Financial Officer.

Business Editors

OMAHA, Neb.--(BUSINESS WIRE)--Feb. 20, 2001

Advanced Business Sciences, Inc. (OTCBB:ABSH) announced today that James E. Stark has rejoined the company as Vice President and Chief Financial Officer. Mr. Stark originally joined ABS in September 1999 as Corporate Controller and was promoted to President and Chief Financial Officer in January 2000 and served in that capacity until his resignation in June of that year. Prior to rejoining ABS, Mr. Stark served as an independent consultant for start-up and high-tech companies in the Midwest region of the United States.

Mr. Stark brings over 14 years of corporate finance and business experience to ABS having served in management positions with America West Airlines (NYSE:AWA), Dal-Tile Corp (NYSE:DTL), Greyhound, and Transcrypt International (OTCBB:TRII).

Mike May, Chairman of the Board of Directors for ABS said, "We are delighted to have Jim back on the management team of ABS. Jim was a major contributor to the company during his past tenure and we are excited he has chosen to rejoin the team now. His experience will be instrumental to ABS as we expand our patented technology into new market segments."

"I'm glad to be back at ABS," said Stark, "The Company's GPS technology for the tracking of individuals and assets has significant market opportunities around the globe and I look forward to being a part of the future success of this company."

Advanced Business Sciences, Inc. is an Omaha-based global business-to-business communications and information company, providing a broad line of satellite and wireless solutions for tracking, monitoring and reporting of individuals and assets. Further information on Advanced Business Sciences can be found on the company's World Wide Web site at www.abscomtrak.com.

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the companies actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include but are not limited to market opportunities, competitive factors, the ability to successfully complete additional financing and other risks. For further risk information, please refer to the Company's Form-10KSB filed with the Securities and Exchange Commission March 30, 2000.