Cadapult Graphic Systems, Inc. Announces Record Revenues.

ALLENDALE, N.J.--(BUSINESS WIRE)--Feb. 11, 1999--Cadapult Graphic Systems, Inc. (OTC BB:GRFX) a premier Value-Added Reseller of computer graphics and internet technology, announced record second quarter results.

Cadapult announced consolidated sales for the three months ended December 31, 1998 of $2,532,474, an increase of 25% over the same period in 1997. Consolidated sales for the six months ended December 31, 1998, increased approximately 21% to $4,475,635 from $3,693,531. Cadapult earned $32,874 or $0.01 per share basic and diluted for the three months ended December 31, 1998.

"We are very pleased with our second quarter results. First, our revenues reflect our targeted $10 million dollar run rate. In addition, our return to profitability for the quarter reflects the increase in sales, and the fact that we were not burdened with the costs of taking the company public. We believe this shows that our base business is strong, profitable and a great platform for acquisitions," says Michael W. Levin, President.

Cadapult just closed an asset based acquisition of a $3.5mm Boston based reseller, Tartan Technical, Inc.. Furthermore, the company plans three to four additional acquisitions over the next 12 months, which it anticipates may contribute additional aggregate sales of $9 to $20 million.

"With each additional acquisition, we anticipate savings through consolidation, as well as synergies of product and services. Once an acquisition is acclimated, we expect incremental growth in our operating margins," states Michael W. Levin.

About Cadapult Graphic Systems, Inc.

Cadapult Graphic Systems, Inc. is a systems integrator that provides computer graphics systems, peripherals, supplies and services to graphics and Internet professionals. Cadapult is pursuing an aggressive consolidation strategy in the graphics, imaging and Internet reseller and distribution business. Cadapult offers a broad line of products and services that include digital color printers, copiers, graphics production solutions, animation systems for film and the Internet, workstations, file servers, networks, color scanners and more. Cadapult's markets include advertising and marketing companies, printers, quick print shops, service bureaus, animators, industrial designers, as well as, the broad corporate market for color printers. Cadapult has relationships with Ricoh, Adobe, Hewlett Packard, Xerox, Inso, Microsoft, Intergraph, Tektronix, Silicon Graphics, Alias/Wavefront and others. 3D University is a division of Cadapult that is dedicated to training in 3D applications and other content creation tools. Company headquarters are in Allendale, New Jersey with regional offices in Boston, Massachusetts, New York City and Albany, New York.

This news release contains forward-looking statements and information that are based on management's beliefs, as well as assumptions made by, and information currently available to, management. These forward-looking statements are based on many assumptions and factors, and are subject to many conditions, including the Company's continuing ability to obtain additional financing, dependence on contracts with suppliers, competitive pricing for the Company's products, demand for the Company's products which depends upon the condition of the computer industry, and the effects of increased indebtedness as a result of the Company's business acquisitions. Except for the historical information contained in this news release, all forward-looking statements and information are estimates by the Company's management and are subject to various risks, uncertainties and other factors that may be beyond the Company's control and may cause results to differ from management's current expectations, which may cause actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.