Boeing Executive Discloses Huge Potential Boost to Productivity From FlashFind Concept.

Business & Energy Editors/High-Tech Writers

HOUSTON--(BUSINESS WIRE)--May 2, 2001

Richard Higgins, Boeing's vice president of Maintenance, Engineering and Publications, made the observation that time savings of 25% to 40% have consistently been achieved in aircraft maintenance procedures through the utilization of new information dissemination technology versus the traditional "paper manual format." These revelations were made at a recent seminar in Houston jointly presented by The INGAA Foundation and FlashFind Corp. Boeing, through its wholly-owned Continental Graphics Corporation subsidiary, organizes equipment maintenance data under Air Transport Association ("ATA") standards. This data is delivered via the Internet, or the operator's intranet, directly to the technician on the scene.

FlashFind's Founder and CEO, Deborah Peppers, commented afterwards that "...these seemingly astounding efficiency gains derived from reductions in 'information search time' have been confirmed by three other independent studies within the energy industry in the last two years. A major integrated U.S. oil company recently estimated, through an informal analysis, that technicians' time could be reduced 10% to 18% in a typical repair procedure on a large offshore drilling platform due to reductions in time spent searching for information by the utilization of such technology. Similar findings were reflected in another informal study performed by a European oil company on a North Sea platform. A formal study conducted by a leading oil field engineering consultant revealed savings of up to 20%. It is incontrovertible that such improvements in efficiency are within the grasp of any segment of the energy industry when operations, maintenance and repair information is organized in an intuitive, standardized manner and delivered via computer in real time to the people on the scene."

Ms. Peppers noted that such information may be accessed online via the Internet or, alternatively, by any other traditional medium, at the operator's option. Deliverability can be achieved utilizing "wired" devices -- i.e. PCs and laptops -- as well as, in remote locations, with wireless devices.

About the Companies

FlashFind Corporation

Headquartered in Houston, FlashFind provides a universal intelligent database of technical operating, maintenance and repair manuals and related information such as safety and environmental regulatory requirements, for plant and equipment serving the energy industry. This information may be accessed through the Internet but can also be provided to customers via any other traditional media forms. It makes mission-critical information immediately available anytime, anywhere, including to far-flung operations in remote and hostile environments throughout the world, and provides significant operational and safety efficiencies for manufacturers and owner/operators. Its status as a neutral, third-party database allows its linking to numerous e-commerce and procurement systems and research and data services, all providing useful intelligence when time is of the essence. For more information about FlashFind, visit http://www.flashfind.com.

Continental Graphics Corporation

Continental Graphics Corporation, through its business unit Continental DataGraphics (CDG), is one of the world's largest independent producers of specialized technical data, in the form of illustrated Parts Catalogs, illustrated Parts Lists, provisioning, parts availability data, and part repair procedures. CDG provides this data for management of the repair and maintenance of complex, costly, mission-critical and revenue generating equipment such as aircraft, trucks and oil and gas exploration platforms. CDG also provides engineering services, media conversion and technical writing to support their customer's requirements. At present, CDG services primarily support the aviation, heavy equipment manufacturing and oil exploration industries. For more information about CDG, visit www.cdgnow.com.