Asset Management Schedules Conference Call.

Business Editors

TORONTO--(BUSINESS WIRE)--June 26, 2000

54,311,546 Shares Outstanding

Asset Management Software Systems Corp. (CDN:AMSS) has scheduled a conference

call for Thursday, June 29, 2000 at 10:30 a.m. EST. You are cordially invited to participate.

Management will briefly review the Company's performance to date and discuss the Company's growth strategy. A question and answer period will follow Management's comments.

*    To participate in the call, please dial [phone] or 1 (877)
     871-2677 approximately five minutes before the scheduled starting
     time.
*    To participate in the question and answer period, press the "1"
     key on your telephone pad, followed by the "4" key. Your call
     will be held in priority sequence.
*    If your question has already been answered and you wish to
     decline the polling process, press the "1" key followed by the
     "3" key.
*    If you are accidentally disconnected from the call, you may
     re-dial [phone] or 1 [phone].
*    If you encounter any difficulties during the call, please call
     the Global Crossing Help Line at 1 [phone].

For those who are unable to participate in the scheduled conference call, a rebroadcast will be available from approximately one hour after the completion of the call, until midnight on Tuesday, July 4, 2000. To listen to the rebroadcast, please call [phone] and then enter the reservation number 15647949, following the instructions given or all [phone] and then enter the reservation number 15647983, following the instructions given.

About Asset Management

Headquartered in Toronto, Ontario, Asset Management is a B2B (business-to-business) CRM technology company. The Company's business plan is to revolutionize the way insurance companies process, settle and replace property content claims. The Company offers a claims processing system comprised of a dynamic software program and database, "AccuClaim(TM)", which is being piloted in some of North America's leading insurance companies. AccuClaim(TM) is currently available to the $275 billion property claims processing market in North America. AccuClaim's proprietary technology, software and database is designed to enable insurance companies to increase profitability and provide superior customer service while lowering claim costs. The Company believes that AccuClaim's database is the largest and most comprehensive database of current and historical residential products and collectibles in North America. AccuClaim's database also contains a digital image library of over 100,000 product items. AccuClaim(TM), enables insurance companies to enhance their adjusters' productivity, accelerate the speed of the claims settlement process and create higher levels of customer satisfaction and retention.

In the near future, Asset Management also plans to release its Preferred Vendor e-Replacement System, which should allow insurance companies to benefit from substantial discounts on items purchased for replacement. The e-Replacement System will enable insurance companies to order electronically from "preferred vendors" and arrange for convenient, direct delivery of replacement items to their customers' home or office at discounted prices.

The statements made in this Press Release may contain certain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.