CIMNET Reports Record Sales and Earnings.

Business Editors

ROBESONIA, Pa.--(BUSINESS WIRE)--Feb. 27, 2002

CIMNET(R), Inc. (NASD OTC BB:CIMK) today announced its revenues and earnings for its fourth quarter and fiscal year ending December 31, 2001.

For the fiscal year, CIMNET's revenues totaled $8.44 million, an increase of 177% over revenues for the fiscal year ending December 31, 2000. Net income before taxes for the year was $2.2 million, compared to a loss of $716,000 for the fiscal year 2000. Finally, net income after taxes for the year ending December 31, 2001 was $1.38 million, compared to a net loss of $649,000 for the fiscal year 2000.

Based on the net income (after taxes) for the year 2001, earnings per share (EPS) are $0.22/share.

Revenues for the fourth quarter were $2.28 million, an increase of 218% over revenues recorded for the same period last year. Net income before taxes for the quarter was $350,000 compared to a loss of $272,000 for the same period last year. Net income after taxes for the quarter was $167,000 compared to a net loss of $205,000 for the same period last year.

Based on the net income (after taxes) for the quarter, earnings per share (EPS) are $0.03/share.

CIMNET attributes the growth in revenues and earnings for the year to an overall growth in business awarded in their Manufacturing Execution System (MES) division. "In 2001, we secured large MES implementations at several major manufacturing facilities.

The initial awarding of business and the ongoing opportunities generated from those large implementations has helped CIMNET fund the current research and development and marketing efforts currently underway," said John Richardson, CEO of CIMNET. "Our goal as a company is to use last year as a springboard for the launching of our next generation product, Factelligence(TM).

With the expertise gained in completing the large MES implementations initiated last year, along with our increased marketing efforts and the launch of Factelligence(TM), we believe that we can continue to expand our business in the MES market space."

About CIMNET:

CIMNET designs, markets and integrates software for manufacturing facilities. CIMNET's products allow manufacturing companies to schedule and monitor work flow in real time and reduce operating costs by improving quality of products being produced.

CIMNET's proprietary products, FOLDERS(TM), Infolink, Factelligence(TM) and DNC Professional(TM), are used by discrete and process manufacturers in the aerospace, automotive, medical device, food and beverage and consumer packaged goods industries. For more information about CIMNET products or services, go to their website at www.cimnetinc.com.

This press release contains certain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements.

Such statements regarding future events and/or the future financial performance of the Company are subject to certain risks and uncertainties which could cause actual events or the actual future results of the Company to differ materially from any forward-looking statement.

Such risks and uncertainties include, among other things, the availability of any needed financing, the Company's ability to implement its business plan for various applications of its technologies, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in the Company's reports or registration statements filed with The Securities and Exchange Commission.

In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.